Group 1 - The focus is on growth and dividend income as a strategy for retirement planning [1] - The portfolio is structured to generate monthly dividend income that grows through reinvestment and annual increases [1] Group 2 - The article expresses personal opinions and is not intended as investment advice [2] - It emphasizes the importance of conducting individual research before making investment decisions [2]

So much ink is spilled on mega-cap tech stocks for their strong risk-adjusted returns in recent years. Flying under the radar are units of alpha-generating MLP partnerships. It is a niche of the domestic stock market that gets lumped inFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has MPLX LP (MPLX) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question. MPLX LP is one of 242 companies in the Oils-Energy group. The Oils-Energy group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 diff ...

Core Viewpoint - MPLX LP is set to release its earnings report on November 5, 2024, with expectations of a significant increase in earnings per share (EPS) and revenue compared to the previous year [2][3]. Financial Performance - The stock price of MPLX LP recently closed at $44.09, reflecting a decrease of 0.52% from the previous day, underperforming the S&P 500's gain of 0.77% [1]. - Over the past month, MPLX's stock has increased by 1.23%, while the Oils-Energy sector has seen a decline of 1.87% [1]. - The forecast for MPLX's EPS is $1.06, representing a 19.1% increase year-over-year, with revenue expected to reach $3.06 billion, indicating a 5.1% increase from the same quarter last year [2]. - Full-year estimates predict earnings of $4.29 per share and revenue of $11.95 billion, reflecting year-over-year growth of 12.89% and 5.91%, respectively [3]. Analyst Estimates and Rankings - Recent changes in analyst estimates for MPLX LP are crucial, as positive revisions typically indicate a favorable business outlook [3]. - The Zacks Rank system currently rates MPLX LP as 2 (Buy), with a proven track record of outperformance [5]. Valuation Metrics - MPLX LP has a Forward P/E ratio of 10.34, which is significantly lower than the industry average of 18.19, suggesting that MPLX is trading at a discount [6]. - The company has a PEG ratio of 1.21, compared to the industry average of 3.44, indicating a more favorable valuation relative to expected earnings growth [7]. Industry Context - The Oil and Gas - Production and Pipelines industry, to which MPLX belongs, has a Zacks Industry Rank of 55, placing it in the top 22% of over 250 industries [7][8].

Valuation and Market Position - MPLX LP is currently undervalued, trading at a 10.04x trailing 12-month EV/EBITDA, below the industry average of 13.93x [1] - Despite a discount valuation, it is important to assess any internal challenges the partnership may face [1] Business Model and Stability - As a large midstream energy player, MPLX has a stable business model with lower vulnerability to oil and gas price volatility, leading to predictable cash flows [2] - The partnership's midstream assets include an extensive network of pipelines, storage facilities, and gathering infrastructures, positioning it as a key player in the midstream space [3] Growth Projects and Future Earnings - MPLX has a project backlog that supports long-term growth, with several key projects expected to deliver stable earnings by 2026 [4] - The Blackcomb pipeline, set to become operational in the second half of 2026, will transport up to 2.5 billion cubic feet of natural gas daily, boosting distributable cash flow [5] Distribution Coverage and Financial Health - MPLX boasts a strong distribution coverage ratio of 1.6x, indicating that it generates $1.60 in cash for every dollar distributed to investors, reflecting financial health [6] Stock Performance and Analyst Outlook - Year-to-date, MPLX's stock has increased by 28.6%, lagging behind the industry growth of 31.7% [7] - Major brokers have raised MPLX's short-term price target by 6%, with the highest target at $51, indicating a potential upside of 15.1% from its recent closing price of $44.32 [8]

In the latest trading session, MPLX LP (MPLX) closed at $44.15, marking a -1.14% move from the previous day. This change lagged the S&P 500's daily loss of 0.96%. On the other hand, the Dow registered a loss of 0.94%, and the technology-centric Nasdaq decreased by 1.18%. The company's shares have seen an increase of 4.79% over the last month, not keeping up with the Oils-Energy sector's gain of 7.24% and outstripping the S&P 500's gain of 4.3%. The investment community will be closely monitoring the perform ...

Bond yields are falling, but their dividend payouts keep going higher. In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Rexford Industrial Properties (REXR -0.80%) and MPLX (MPLX -0.42%) are great high-yield stocks to buy before the Federal Reserve's next round of interest rate cuts. *Stock prices used were from the morning of Oct. 2, 2024. The video was published on Oct. 4, 2024. ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success. One of our most popular services, Zacks Premium offers 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 like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries. Th ...

Those who follow my work closely know that I'm a huge fan of the pipeline/midstream space. At this moment, the fourth-largest holding in my portfolio, accounting for 12.8% of my assets, happens to be Energy Transfer ( ET ). As Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow ...

Stock Performance - MPLX LP closed at $44 68, up 1 09% from the previous session, outperforming the S&P 500's 0 28% gain, the Dow's 0 15% gain, and the Nasdaq's 0 15% gain [1] - Over the last month, MPLX LP shares increased by 3 68%, surpassing the Oils-Energy sector's 0 29% gain and the S&P 500's 2% gain [1] Earnings and Revenue Projections - MPLX LP is expected to report earnings of $1 06 per share on November 5, 2024, representing a 19 1% year-over-year growth [2] - Revenue for the upcoming quarter is projected at $3 06 billion, reflecting a 5 1% rise from the same quarter last year [2] - For the annual period, earnings are anticipated at $4 29 per share, a 12 89% increase, and revenue at $11 95 billion, a 5 91% rise [3] Analyst Estimates and Zacks Rank - Recent positive revisions to analyst estimates indicate optimism about MPLX LP's business and profitability [3] - The Zacks Consensus EPS estimate has moved 1 32% higher over the past month [5] - MPLX LP currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - MPLX LP is trading at a Forward P/E ratio of 10 31, a discount compared to the industry average of 18 25 [6] - The company's PEG ratio is 1 21, lower than the industry average of 3 12 [7] Industry Overview - The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector, with a Zacks Industry Rank of 188, placing it in the bottom 26% of all industries [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]