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 $ ...

Company Performance - MPLX LP closed at $41.17, reflecting a +0.05% change from the previous day, which is less than the S&P 500's daily gain of 0.85 [1] - The company is expected to report earnings of $1 per share on August 6, 2024, indicating a year-over-year growth of 9.89%, with projected revenue of $2.92 billion, up 8.61% from the prior-year quarter [2] - Over the last month, MPLX shares increased by 1.73%, outperforming the Oils-Energy sector's loss of 4.55% but underperforming the S&P 500's gain of 3.11% [7] Analyst Projections - Recent revisions in analyst projections for MPLX LP suggest a favorable outlook on the company's business health and profitability [3] - The Zacks Consensus EPS estimate has shifted 0.5% upward over the past month, and MPLX LP currently holds a Zacks Rank of 3 (Hold) [4] Valuation Metrics - MPLX has a PEG ratio of 2.06, compared to the Oil and Gas - Production and Pipelines industry's average PEG ratio of 3.3 [5] - The company is trading with a Forward P/E ratio of 10.26, which is a discount compared to the industry average Forward P/E of 16.83 [10] Industry Context - The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector and has a Zacks Industry Rank of 55, placing it in the top 22% of over 250 industries [11] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6] Full Year Estimates - For the full year, analysts expect earnings of $4.01 per share and revenue of $11.82 billion, representing changes of +5.53% and +4.82% respectively from the previous year [8]

Core Viewpoint - MPLX LP will host a conference call on August 6, 2024, to discuss its second-quarter financial results for 2024 [1] Company Overview - MPLX LP is a diversified, large-cap master limited partnership that operates midstream energy infrastructure and logistics assets, providing fuels distribution services [3] - The company's assets include a network of crude oil and refined product pipelines, an inland marine business, light-product terminals, storage caverns, refinery tanks, docks, loading racks, and associated piping [3] - MPLX also owns crude oil and natural gas gathering systems and pipelines, as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins [3]

In general, the company has turned into a fantastic source for both capital gains and income, as this 8%-yielding stock has returned 125% over the past five years, which MPLX Remains A High-Conviction Pick Of Mine MPLX LP MPLX LP Right now, everything is going in MLPX's favor. As oil and gas output growth is slowing down, the need for new infrastructure is subdued. This results in higher free cash flow from completed projects and lower capital requirements, boosting free cash flow 1Q 2024 Financial Highligh ...

i 1 2017 图1 1 日 1 1 19 11 1999 P T 11000 i tell Th H H ther i 0 F 11 187 Lately, I have been actively covering the MLP space, issuing rather bullish articles on Enterprise Products Partners (NYSE:EPD), Enbridge (ENB), and Energy Transfer (NYSE:ET). Since my focus is on capturing enticing and, in the same time, financially de-risked dividends, MPLX LP (NYSE:MPLX) has caught my attention (also thanks to the comments and suggestions by my followers). In a nutshell, MPLX is one of the largest midstream MLP play ...

*Stock prices used were the morning prices of May 30, 2024. The video was published on May 31, 2024. Although the S&P 500 is close to its all-time high, some stocks trade for remarkably cheap valuations. In this video, longtime Fool.com contributor Matt Frankel discusses why he thinks PayPal (PYPL 0.77%) is a no- brainer stock to buy right now, while fellow contributor Tyler Crowe explains why he thinks MPLX (MPLX 1.17%) is too attractive to ignore. These stocks look cheap despite their excellent long-term ...

Introduction The Q1 earnings season briefly interrupted my exploration of prominent companies in the North American midstream industry. Among the largest midstream companies by market cap, MPLX LP (NYSE:MPLX) offers the highest dividend yield. Michael H/DigitalVision via Getty Images | Rank | Symbol | Company Name | Quant Ratings | SA Analyst Ratings | Wall Street Ratings | Market Cap - | Div Yield | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | ENB | Enbridge Inc. | 3.38 | 4.50 | 3.73 | 77.06B | ...

MPLX LP (MPLX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned -1.4%, compared to the Zacks S&P 500 composite's +7.3% change. During this period, the Zacks Oil and Gas - Production and Pipelines industry, which MPLX LP falls in, has gained 5.1%. The key question now is: What could be the stock's future direction? Revisio ...