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 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 ...

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 ...

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 ...

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 ...

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 ...

Jonathan Kitchen Introduction On August 14, I wrote an article titled "Dividend Darlings: 3 Fantastic Stocks To Hold Rain Or Shine." Although I never promised to present three high-yield dividend stocks, some readers got upset that two stocks had yields below 1%. While I could start by giving a lecture on the importance of dividend growth in the assessment of a dividend yield, I'm going to do things a bit differently. In this article, I'll present a company that has both high income and growth, as it's time ...