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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. ...
Energy Transfer Vs. MPLX: One Is Superior Income Pick
Seeking Alpha· 2024-10-05 10:00
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 ...
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 ...
MPLX LP: A Good Second-Tier Energy Play
Seeking Alpha· 2024-09-25 18:44
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 ...
MPLX LP (MPLX) Laps the Stock Market: Here's Why
ZACKS· 2024-09-23 23:21
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: A Midstream Gem With An 8% Yield
Seeking Alpha· 2024-09-21 06:48
MPLX (NYSE: MPLX ) is a well-run midstream enterprise with growth in both of its core business segments and momentum in distributable cash flow. The midstream platform is growing quickly, in part due to its past acquisitions of Analyst's Disclosure: I/we have a beneficial long position in the shares of MPLX, ENB, EPD, KMI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seekin ...
MPLX LP (MPLX) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-09-17 23:21
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 ...
Time to Buy These Top Oil & Energy Stocks
ZACKS· 2024-09-12 22:51
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 ...
Here's Why MPLX LP (MPLX) Gained But Lagged the Market Today
ZACKS· 2024-09-11 23:05
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 ...
Best Value Stocks to Buy for September 10th
ZACKS· 2024-09-10 11:01
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 ...