Is MPLX a good stock to buy now?

Is MPLX a good stock to buy now?

Mplx has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Where can I buy MPLX stock?

Buy MPLX shares from these brokerages

Name Asset types Stock trade fee
$10 BONUS eToro eToro Finder Award Stocks, ETFs, Cryptocurrency $0
SoFi Invest SoFi Invest Stocks, ETFs, Cryptocurrency $0
Tastyworks Tastyworks Stocks, Options, ETFs, Cryptocurrency $0

What does MPLX stand for?

MPLX Mediaplex, Inc. Business » NASDAQ Symbols Rate it:
MPLX Modern Power Logistics Company Business » Companies & Firms Rate it:
MPLX GE Rail Services Regional » Railroads Rate it:

What does MPLX company do?

MPLX is a diversified, large-cap master limited partnership formed by Marathon Petroleum Corporation (MPC) that owns and operates midstream energy infrastructure and logistics assets, and provides fuels distribution services.

Is MPLX a good long term investment?

MPLX is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. MPLX has a Growth Style Score of B, forecasting year-over-year earnings growth of 13.6% for the current fiscal year.

Is MPLX undervalued?

High-yield investing is powerful, if you focus on maximum SAFE yield, which requires prioritizing safety and quality first, and prudent valuation and sound risk management always. MPLX has almost quadrupled off the pandemic lows, when it was 61% undervalued, at 2.4X cash flow and offered a safe 25% yield.

Who owns MPLX?

Marathon Petroleum CorporationMPLX / Parent organization

Is MPLX a publicly traded company?

MPLX LP’s (“MPLX”) common units are traded on the New York Stock Exchange under the common unit ticker symbol MPLX.

Is MPLX a good dividend stock?

MPLX LP’s trailing 12-month revenue is $10.3 billion with a 29.3% profit margin. Year-over-year quarterly sales growth most recently was 11.6%. Analysts expect adjusted earnings to reach $3.262 per share for the current fiscal year. MPLX LP currently has a 10.0% dividend yield.

Is EPD a buy Zacks?

The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry….Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.75%
2 Buy 18.15%
3 Hold 9.70%
4 Sell 5.35%

Does MPC own MPLX?

MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy infrastructure assets.

Is MPLX LP a publicly traded partnership?

Does MPLX issue a K 1?

MPLX LP 2021 K-1 tax packages now available on company website MPLX.

Does MPLX pay a monthly dividend?

How often does Mplx pay dividends? Mplx (NYSE:MPLX) pays quarterly dividends to shareholders.

Is EPD stock overvalued?

Taking into account its current price per share of $24, its lower-than-usual market cap of almost $53 billion, and its promising earnings forecasts, EPD is currently undervalued.

Should I sell EPD stock?

The Zacks Consensus Estimate has increased $0.03 to $2.25 per share. EPD boasts an average earnings surprise of 6.6%. With strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding EPD to their portfolios.

  • October 21, 2022