MPLX LP (MPLX) has seen upward earnings estimate revisions for 2023 and 2024 in the past 60 days. Image Source: Zacks Investment Research MPLX is well-poised for progress, as evidenced by its impressive VGM Score of B. Here, V stands for Value, G for Growth and M for Momentum, and the score is a weighted combination of all three factors. Attractive Distribution Yield & Coverage coverage ratio remained strong at 1.6X, indicating that MPLX generates 1.6 times the cash required to cover its distributions. This ...

The latest trading session saw MPLX LP (MPLX) ending at $42.23, denoting a -0.31% adjustment from its last day's close. This change lagged the S&P 500's daily gain of 0.64%. Meanwhile, the Dow gained 1.85%, and the Nasdaq, a tech-heavy index, added 0.2%. Shares of the company witnessed a gain of 3.29% over the previous month, beating the performance of the OilsEnergy sector with its loss of 8% and underperforming the S&P 500's gain of 3.82%. Investors will be eagerly watching for the performance of MPLX LP ...

MPLX LP (NYSE:MPLX) has been one of the midstream operators I was bullish on for some time. In March, I turned neutral as I believed the valuation was getting a bit stretched, but I am turning bullish on MPLX once again. The barriers to entry are immense within the energy infrastructure sector, and MPLX has developed a system that is difficult to replicate, as it's designed to move millions of barrels of crude and refined products through its pipelines each day. MPLX returned nearly $1 billion to its unitho ...

AUSTIN, Texas, July 12, 2024 /PRNewswire/ -- The ADCC Pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 Billion cubic feet per day (Bcf/d) of natural gas transportation capacity to the Cheniere Corpus Christi Liquefaction facility from markets on Whistler Pipeline's Agua Dulce Header in South Texas. The receipt points in Agua Dulce provide Cheniere direct access to Permian and Eagle Ford volumes in addition to volumes sourced along the Gulf Coast. The ADCC Pi ...

Investors with an interest in Oil and Gas - Production and Pipelines stocks have likely encountered both MPLX LP (MPLX) and Williams Companies, Inc. (The) (WMB) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. Another notable valuation metric for MPLX is its P/B ratio of 3.25. ...

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Stock to Watch: MPLX LP (MPLX) Findlay, OH-based MPLX LP is a master limited partnership (MLP) engaged in providing a wide range of midstream energy services, including fuel distribution solutions. The large-cap partnership was created in 2012 to own, operate and develop mi ...

MPLX LP currently has an average brokerage recommendation (ABR) of 1.75, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 12 brokerage firms. An ABR of 1.75 approximates between Strong Buy and Buy. When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are ...

MPLX LP (MPLX) closed the most recent trading day at $42.43, moving +0.38% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.09%. On the other hand, the Dow registered a loss of 0.1%, and the technology-centric Nasdaq increased by 0.16%. Coming into today, shares of the company had gained 5.12% in the past month. In that same time, the OilsEnergy sector lost 0.69%, while the S&P 500 gained 2.83%. The investment community will be closely monitoring the performance of MPLX LP ...

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MPLX LP (MPLX) closed at $40.81 in the latest trading session, marking a -0.49% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.03%. The investment community will be closely monitoring the performance of MPLX LP in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2024. The company is predicted to post an EPS of $ ...