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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 ...
2 Ultra-High-Yield Dividend Stocks That Passive Income Investors Won't Want to Miss
The Motley Fool· 2024-11-24 12:26
Hundreds of companies pay dividends. Many currently offer higher yields, making them attractive for those seeking passive income. With so many options, it's easy to miss some appealing opportunities.MPLX (MPLX 2.55%) and Omega Healthcare Investors (OHI -0.07%) are two high-yielding dividend stocks many investors have overlooked. Here's why investors won't want to miss these excellent passive income producers.High yield and high growthMPLX doesn't get a lot of attention from investors. It's not as popular as ...
Up To 8% Yield: Three Of My Favorite High-Yield Picks
Seeking Alpha· 2024-11-19 12:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .That's how much you would have made investing in the S&P 500 if you had bought the close on the last trading day of 2023. Excluding dividends, that number is 23.2%, making this one of the best years of the index.Analyst’s Disclosure: I/we have a beneficial long position in the s ...
MPLX Vs. Western Midstream: Two Highest Yielding MLPs, One Is Superior
Seeking Alpha· 2024-11-18 14:15
MPLX LP (NYSE: MPLX ) and Western Midstream (NYSE: WES ) are one of the two largest MLPs that are included in Top 5 of a well-known (with highest market cap) MLP index - the Alerian MLP ETF (NYSEARCA: AMLP ).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 Latvia to boost the liquidity of pan-Baltic capital mark ...
MPLX LP Q3 Earnings and Revenues Lag Estimates on Higher Costs
ZACKS· 2024-11-07 16:05
MPLX LP (MPLX) reported third-quarter 2024 earnings of $1.01 per unit, which missed the Zacks Consensus Estimate of $1.06. The bottom line, however, increased from the year-ago figure of 89 cents.Total quarterly revenues of $2.97 billion missed the Zacks Consensus Estimate of $3.06 billion. The top line, however, increased from the prior-year level of $2.91 billion.Lower-than-expected quarterly results were mainly due to higher depreciation and amortization costs and increased general and administrative exp ...
This Nearly 8.5%-Yielding Dividend Stock Has Plenty of Fuel to Grow Through at Least 2026
The Motley Fool· 2024-11-07 10:32
MPLX continues to add new expansion projects to its backlog.MPLX (MPLX 2.34%) has been a very steady grower over the years. It has invested heavily in organic expansion projects and acquisitions to grow its midstream footprint. These investments have paid big dividends for investors over the years. The master limited partnership (MLP) has increased its distribution every year since it came public in 2012.The MLP has plenty of fuel to continue growing its high yield of nearly 8.5% in the coming years. Here's ...