Amid the recent drop in crude oil prices, investors are certainly scoping out opportunities in energy stocks. While big oil giants may come to mind, Delek Logistics Partners (DKL) and MPLX LP (MPLX) are two companies that shouldn't be overlooked after making their way onto the Zacks Rank #1 (Strong Buy) list. Having critical operations in regard to energy infrastructure, here's a look at why now is a good time to buy these highly-ranked energy stocks. Delek's Financial Performance is Improving Reporting its ...

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 ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 10: MPLX LP (MPLX) : This midstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days. OFG Bancorp (OFG) : This financial holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days. OFG Bancorp has ...

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 ...

FINDLAY, Ohio, Sept. 6, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, November 5, 2024, at 9:30 a.m. EST to discuss 2024 third-quarter 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 conference call ...

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 ...

FINDLAY, Ohio, Aug. 30, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2023 Schedule K-3 investor tax packages reflecting items of international tax relevance are now available on its website, https://www.mplx.com. Investors may select the Taxation link under the Investors tab or use the following link: https://www.taxpackagesupport.com/mplx. A limited number of investors (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain ...

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 ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about MPLX LP (MPLX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. MPLX LP currently has an average ...