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MPLX LP (MPLX) Flat As Market Gains: What You Should Know
ZACKS· 2025-01-07 00:31
In the latest trading session, MPLX LP (MPLX) closed at $48.52, marking no change from the previous day. The stock's change was less than the S&P 500's daily gain of 0.55%. Meanwhile, the Dow experienced a drop of 0.06%, and the technology-dominated Nasdaq saw an increase of 1.24%.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 February 4, 2025. The company is forecasted to report an EPS of ...
MPLX: A Top Midstream Play For 2025
Seeking Alpha· 2024-12-26 13:24
MPLX LP (NYSE: MPLX ) is a fast-growing midstream energy company with expanding operations, especially in the crucial Gathering and Processing segment. MPLX makes an attractive value proposition to dividend investors based off of three factors: 1) The midstream enterprise is growing its distributableI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings inclu ...
Better Dividend Stock: MPLX vs. Energy Transfer
The Motley Fool· 2024-12-24 11:37
Core Viewpoint - Master limited partnerships (MLPs) are attractive income-generating investments due to their high dividend yields and stable cash flows, with Energy Transfer and MPLX being two prominent examples [1][11]. Group 1: MLP Overview - MLPs distribute a significant percentage of their cash flows to investors, typically offering higher dividend yields [1]. - Energy Transfer currently yields nearly 7%, while MPLX offers over 8%, both supported by stable cash flows and strong financial profiles [2]. Group 2: Financial Metrics - Energy Transfer has a distribution coverage ratio of 1.9x and a leverage ratio of 4.0-4.5x, while MPLX has a coverage ratio of 1.5x and a leverage ratio of 3.4x [4]. - MPLX's lower leverage ratio allows it to return more cash to investors, recently increasing its distribution by 12.5% for the third consecutive year [4]. - Energy Transfer is focused on strengthening its balance sheet and aims to achieve a leverage ratio in the lower half of its target range [5]. Group 3: Expansion Projects - MPLX has several expansion projects, including the Blackcomb and Rio Bravo natural gas pipelines, expected to come online through 2026, providing incremental cash flow [6]. - Energy Transfer is also pursuing expansion projects, such as the Nederland Flexport Expansion Project and the $2.7 billion Hugh Brinson Pipeline, which will enhance its cash flow [8][9]. - Energy Transfer has been active in acquisitions, including the recent $3.1 billion acquisition of WTG Midstream, which is expected to boost cash flow through 2027 [10]. Group 4: Investment Appeal - Both Energy Transfer and MPLX are strong options for generating passive income, with MPLX currently offering a higher yield and faster payout growth compared to Energy Transfer [11][12].
Marathon Petroleum: Low Valuation And MPLX Ownership Make It A Buy
Seeking Alpha· 2024-12-24 10:00
Individual investor and family office principal with over 20 years of investment experience. I favor fundamental analysis and look for individual issues and asset classes that are out of favor and represent a good risk/reward trade off. I often employ options strategies, covered calls on companies I own that have gotten ahead of themselves, and writing puts on stocks that I'd like to own at lower prices.Educational background Finance MBA (NYU Stern) with Computer Science undergraduate.Analyst’s Disclosure: ...
MPLX's Excess Cash Dynamic Slows, Lower Prices Might Be Coming
Seeking Alpha· 2024-12-19 04:53
MPLX Financial Position - MPLX's net cash balance has slowed, and management is now spending the entire amount of cash generated [1] - No strong improvement in cash balance is expected in the near future [1] - The company plans to explore a portion of the cash for potential uses [1] Analyst Background - The analyst has decades of investment experience, including surviving major market crashes such as 1987, 2000, and 2008 [1] - The analyst uses trading systems developed with TradeStation and has experience in both buy-and-hold and trading strategies [1] - The analyst has a professional background as a process control engineer and holds a JD from an eastern law school [1]
MPLX LP (MPLX) Flat As Market Sinks: What You Should Know
ZACKS· 2024-12-18 00:01
MPLX LP (MPLX) ended the recent trading session at $47.70, demonstrating no swing from the preceding day's closing price. This change was narrower than the S&P 500's daily loss of 0.39%. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, lost 0.32%.Heading into today, shares of the company had gained 0.51% over the past month, outpacing the Oils-Energy sector's loss of 5.09% and lagging the S&P 500's gain of 3.6% in that time.The investment community will be closely monitoring the performanc ...
MPLX Continues To Be A Worthwhile Investment
Seeking Alpha· 2024-12-17 19:18
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.(NYSE:) is one of the largest American infrastructure companies, with an almost $50 billion market capitalization, and an almost 8% dividend yield. The co ...
MPLX LP to Report Fourth-Quarter and Full-Year Financial Results on February 4, 2025
Prnewswire· 2024-12-11 21:40
FINDLAY, Ohio, Dec. 11, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, February 4, 2025, at 9:30 a.m. EST to discuss 2024 fourth-quarter and full-year financial results.Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com. A replay of the webcast will be available on MPLX's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior to the co ...
MPLX: 8% Yield And Strong Dividend Growth
Seeking Alpha· 2024-12-04 10:07
The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!MPLX LP (NYSE: MPLX ) is a midstream company that has performed very well in 2024 so far. But despite hefty gains, the company offers a high distribution yield of close t ...
Up To 8% Yield: Three Of My Favorite High-Yield Picks
Seeking Alpha· 2024-11-19 12:30
Core Insights - The S&P 500 index achieved a remarkable return of 23.2% for the year 2023, marking it as one of the best years for the index, excluding dividends [1]. Group 1 - The article highlights the performance of the S&P 500, indicating a significant increase in value for investors who bought at the close on the last trading day of 2023 [1].