MPLX LP (MPLX) closed the latest trading day at $42.83, indicating a +0.19% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.07%. Elsewhere, the Dow gained 0.31%, while the tech-heavy Nasdaq added 2.17%. The company's stock has climbed by 5.24% in the past month, exceeding the Oils-Energy sector's loss of 4.22% and the S&P 500's gain of 2.92%. The investment community will be closely monitoring the performance of MPLX LP in its forthcoming earnings repor ...

hirun MPLX (NYSE:MPLX) is a massive, almost $45 billion midstream company. The company is majority-owned by Marathon Petroleum (MPC) with an almost 8% dividend yield, and it's continued to chase growth. As we'll see throughout this article, the company's strong cash flow generation makes it a valuable investment. MPLX Performance MPLX managed to earn $1.4 billion in distributable cash flow, with 1.6x dividend coverage on the company's almost 8% yield. MPLX Investor Presentation The company is growing both E ...

The latest trading session saw MPLX LP (MPLX) ending at $42.43, denoting a -0.49% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.16%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.3%. Prior to today's trading, shares of the company had gained 2.45% over the past month. This has outpaced the Oils-Energy sector's gain of 0.93% and lagged the S&P 500's gain of 3.64% in that time. The investment community will be closely monitoring the performance of ...

The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is MPLX LP (MPLX) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question. MPLX LP is one of 247 companies in the Oils-Energy group. The Oils-Energy group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups an ...

Investors might want to bet on MPLX LP (MPLX) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a changi ...

Core Viewpoint - MPLX LP presents a strong investment opportunity in the midstream sector, characterized by a high dividend yield of approximately 8%, robust financials, and sustainable growth prospects [2][3][7] Financial Performance - In Q2 2024, MPLX achieved an 8% year-over-year growth in adjusted EBITDA, reaching approximately $6.5 billion, the highest since 2020 [4] - Distributable cash flow grew by 7% year-over-year, indicating strong underlying cash generation [4] - The company maintains a distribution coverage ratio of 1.6x, allowing for reinvestment in growth initiatives and shareholder returns [3][5] Growth Drivers - Growth in cash generation is attributed to both organic growth and M&A activities, particularly in the Northeast, Marcellus, and Utica regions [4][5] - Recent projects, including the Whistler Transaction and the Blackcomb Natural Gas pipeline, are expected to contribute to future cash flows [5] - The company has a strong presence in the Permian Basin, benefiting from low crude break-even prices [4] Capital Structure and Financial Flexibility - MPLX has a total debt to adjusted EBITDA ratio of 3.4x, significantly below the three-year average, indicating a solid financial profile [5] - The company holds approximately $2.5 billion in cash, further enhancing its leverage metrics and financial flexibility [5][6] - Management emphasizes the importance of maintaining a sound capital structure while pursuing growth, with plans to use liquidity for debt maturities [5] Market Position and Outlook - Since the last analysis, MPLX's share price has increased by approximately 4%, while adjusted EBITDA has grown by 8%, making the entry point more attractive [6] - The company is expected to continue generating cash flow growth in 2025 due to ongoing projects and revenue escalators [6] - Overall, MPLX remains a compelling dividend investment with low risk of distribution cuts and positive growth trajectory [7]

Jonathan Kitchen Introduction On August 14, I wrote an article titled "Dividend Darlings: 3 Fantastic Stocks To Hold Rain Or Shine." Although I never promised to present three high-yield dividend stocks, some readers got upset that two stocks had yields below 1%. While I could start by giving a lecture on the importance of dividend growth in the assessment of a dividend yield, I'm going to do things a bit differently. In this article, I'll present a company that has both high income and growth, as it's time ...

Core Viewpoint - The comparison between MPLX LP and Williams Companies, Inc. indicates that MPLX presents a better value opportunity for investors in the Oil and Gas - Production and Pipelines sector [1] Valuation Metrics - Both MPLX and WMB currently hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions for both companies [3] - MPLX has a forward P/E ratio of 9.83, significantly lower than WMB's forward P/E of 24.16 [5] - MPLX's PEG ratio is 1.16, while WMB's PEG ratio is considerably higher at 6.40, suggesting MPLX is more favorably valued in terms of expected earnings growth [5] - MPLX's P/B ratio stands at 3.08, compared to WMB's P/B of 3.59, further indicating MPLX's relative undervaluation [6] - Based on these valuation metrics, MPLX holds a Value grade of B, while WMB has a Value grade of D, reinforcing the conclusion that MPLX is the superior value option [6]

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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