So much ink is spilled on mega-cap tech stocks for their strong risk-adjusted returns in recent years. Flying under the radar are units of alpha-generating MLP partnerships. It is a niche of the domestic stock market that gets lumped inFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has MPLX LP (MPLX) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question. MPLX LP is one of 242 companies in the Oils-Energy group. The Oils-Energy group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 diff ...

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 ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success. One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries. Th ...

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]