MPLX LP (MPLX) ended the recent trading session at $44.09, demonstrating a -0.52% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.77%. Meanwhile, the Dow gained 0.47%, and the Nasdaq, a tech-heavy index, added 0.87%. The the stock of company has risen by 1.23% in the past month, leading the Oils-Energy sector's loss of 1.87% and undershooting the S&P 500's gain of 4.87%. The upcoming earnings release of MPLX LP will be of great interest to investors. The compan ...

MPLX LP (MPLX) is currently considered undervalued, trading at a 10.04x trailing 12-month enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), which is below the broader industry average of 13.93x. While a discount valuation often presents a potentially profitable opportunity for investors, it is essential to investigate whether the partnership faces any internal challenges requiring a more comprehensive analysis. Zacks Investment Research Image Source: MPLX Boasts ...

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. ...

Energy Transfer (NYSE: ET ) and MPLX LP ( MPLX ) are both one of the largest MLPs out there with market cap levels of ~ $45 billion and ~ $55 billion, respectively. These two players constitute also the Top 2 holdings of the most well-known (or popular) midstream Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in ...

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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]

MPLX (NYSE: MPLX ) is a well-run midstream enterprise with growth in both of its core business segments and momentum in distributable cash flow. The midstream platform is growing quickly, in part due to its past acquisitions of Analyst's Disclosure: I/we have a beneficial long position in the shares of MPLX, ENB, EPD, KMI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seekin ...

MPLX LP (MPLX) closed the most recent trading day at $43.86, moving +0.05% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.2%. Shares of the company witnessed a gain of 2.91% over the previous month, beating the performance of the OilsEnergy sector with its loss of 3.35% and the S&P 500's gain of 1.54%. Analysts and investors alike will be keeping a close eye on the performance ...