MPLX (NYSE: MPLX ) makes a compelling value proposition for investors that are on the hunt for a cheap 8% yield as well as a high-quality distribution play in the midstream industry. It has very strong distribution coverageAnalyst’s Disclosure:I/we have a beneficial long position in the shares of MPLX, EPD, ET, KIM, ENB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking ...