MPLX(MPLX)

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MPLX: Distributions Increasing Despite Deteriorating Outlook
Seeking Alpha· 2024-10-30 19:50
Long-Term Focussed In-Depth Fundamental Analysis.Former Associate at a $10 billion hedge fund, with 15 years of professional experience in equity markets. Holds a First-Class Honours degree in Financial Economics from the University of London and is a CFA Level III candidate.An avid reader and a Berkshire Hathaway buff.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrot ...
MPLX LP Increases Quarterly Distribution
Prnewswire· 2024-10-29 15:35
FINDLAY, Ohio, Oct. 29, 2024 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the third quarter of 2024, or $3.826 on an annualized basis. This represents a 12.5% increase, or $0.1065 increase per common unit, over the second quarter 2024 distribution. The distribution will be paid on Nov. 15, 2024, to common unitholders of record as of Nov. 8, 2024. Qualified Tax Notice Concurrent with this announ ...
MPLX: I Am Bullish Heading Into Earnings And The Next Distribution Increase
Seeking Alpha· 2024-10-28 13:00
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking Alpha Analyst's Disclosure: I/we have a beneficial long position in the shares of ET, EPD, K ...
MPLX: Strong Momentum, But Units Near Fair Value (Rating Downgrade)
Seeking Alpha· 2024-10-21 20:31
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 ...
Is MPLX LP (MPLX) Outperforming Other Oils-Energy Stocks This Year?
ZACKS· 2024-10-18 14:45
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) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-10-14 23:21
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 ...
Is MPLX's Cheap Valuation an Opportunity to Invest in the Stock?
ZACKS· 2024-10-14 19:45
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 ...
MPLX LP (MPLX) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-07 23:20
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 ...
2 High-Yield Stocks to Buy Before More Interest Rate Cuts
The Motley Fool· 2024-10-05 14:00
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. ...
MPLX LP (MPLX) Boasts Earnings & Price Momentum: Should You Buy?
ZACKS· 2024-10-01 14:31
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 ...