MPLXMPLX
MPLX
About: MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in 2019.
Employees: 5,810
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
177% more call options, than puts
Call options by funds: $162M | Put options by funds: $58.3M
101% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 99
66% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 29
2% more funds holding
Funds holding: 486 [Q2] → 496 (+10) [Q3]
2% less capital invested
Capital invested by funds: $10.7B [Q2] → $10.6B (-$167M) [Q3]
1.6% less ownership
Funds ownership: 24.89% [Q2] → 23.29% (-1.6%) [Q3]
4% less funds holding in top 10
Funds holding in top 10: 26 [Q2] → 25 (-1) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$52
2%
upside
Avg. target
$54
5%
upside
High target
$55
8%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Barclays Theresa Chen 32% 1-year accuracy 9 / 28 met price target | 2%upside $52 | Overweight Maintained | 13 Jan 2025 |
Wells Fargo Michael Blum 79% 1-year accuracy 27 / 34 met price target | 6%upside $54 | Overweight Maintained | 18 Dec 2024 |
Truist Securities Neal Dingmann 63% 1-year accuracy 100 / 159 met price target | 8%upside $55 | Buy Maintained | 19 Nov 2024 |
RBC Capital Elvira Scotto 94% 1-year accuracy 30 / 32 met price target | 2%upside $52 | Outperform Maintained | 18 Nov 2024 |
UBS Brian Reynolds 89% 1-year accuracy 8 / 9 met price target | 8%upside $55 | Buy Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 22 articles about MPLX published over the past 30 days
Positive
Seeking Alpha
10 hours ago
MPLX Should Benefit From Deregulation And Increased Drilling, Yielding Over 7%
MPLX LP is poised to benefit from increased drilling and deregulation under Former President Trump's administration, enhancing its growth initiatives and takeaway capacity. MPLX's strong financial position, consistent cash flow, and increasing distributions make it an attractive investment with a current yield of 7.48%. Despite potential risks like commodity price fluctuations and regulatory challenges, MPLX's expanding projects and reduced interest expenses bolster my bullish outlook.
Positive
Seeking Alpha
11 hours ago
MPLX: The Golden Midstream Energy Era Is Just Getting Started
MPLX is entering a golden era where midstream energy plays have reasserted their sector leadership. MPLX is well-positioned with its strategic partnership with MPC, and diversification across to the energy infra value chain. MPLX's steady cash flow growth and predictable distribution increases make it a standout performer and income generator for investors.
Neutral
Seeking Alpha
12 hours ago
MPLX Is Arguably The Best High-Yield High-Growth Investment There Is
MPLX has arguably the most complete package of all income investments. We discuss why MPLX is such a great high-yield, high-growth investment. We also discuss the risks facing MPLX right now.
Positive
The Motley Fool
14 hours ago
My Top High-Yielding Pipeline Stock to Buy in 2025 for Passive Income
Pipeline companies tend to be excellent investments for those seeking passive income. They generate very stable revenue backed by long-term contracts and government-regulated rate structures.
Positive
Seeking Alpha
5 days ago
Jerome Powell Is Doing Dividend Investors A Huge Favor
The Fed recently gave dividend investors a huge gift. We discuss what this gift is. We also share some of our top picks of the moment to take advantage of this gift.
Positive
Seeking Alpha
5 days ago
Here's My Single Favorite Place To Buy Income
The market is facing challenges with sticky inflation and elevated valuations, necessitating a focus on high-quality, high-yielding dividend stocks to outperform. Rising long-term rates and a high term premium are pressuring markets, making bonds more attractive and demanding more from dividend stocks. America's energy sector, particularly midstream pipeline companies, is crucial for economic growth, offering significant investment opportunities due to increasing demand for natural gas infrastructure.
Neutral
Seeking Alpha
1 week ago
How To Invest $1 Million For Sustainable Retirement Passive Income
Retiring on $1 million is increasingly challenging. Doing it with dividends can make it more feasible. I share two approaches to retiring on dividends with $1 million.
Positive
Zacks Investment Research
2 weeks ago
MPLX LP (MPLX) Flat As Market Gains: What You Should Know
In the latest trading session, MPLX LP (MPLX) closed at $48.52, marking no change from the previous day.
Positive
24/7 Wall Street
2 weeks ago
5 Ultra High-Yield Dividend Stocks Paying Over 5%
The Federal Reserve's 25 basis points rate cut at the end of October 2024 took interest rates below 5% for the first time since March 2023, and another rate a few weeks ago puts it as 4.5% as of writing.
Positive
Seeking Alpha
2 weeks ago
2 High-Yielding Cash Cows For A Comfortable Retirement
Income investors should consider dividend stocks like Energy Transfer and Ladder Capital for steady cash flow and long-term wealth building. Energy Transfer offers a 6.6% yield, benefits from rising natural gas demand, and has strong financial management, making it an attractive value play. Ladder Capital, yielding 8.2%, carries a diversified, low-leverage loan portfolio and significant liquidity, positioning it well for growth.
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