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MPLX LP (MPLX)

(Real Time Quote from BATS)

$45.74 USD

45.74
672,572

-0.26 (-0.57%)

Updated Nov 13, 2024 01:28 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 32% (169 out of 250)

Industry: Oil and Gas - Production and Pipelines

Zacks News

Equinor Cancels Plan for Vietnam's Offshore Wind Sector

EQNR scraps its plan to invest in the offshore wind sector in Vietnam. It will also end its business development operations in the country and close its Hanoi office.

Is It Worth Investing in MPLX LP (MPLX) Based on Wall Street's Bullish Views?

The average brokerage recommendation (ABR) for MPLX LP (MPLX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

ConocoPhillips Taps Raptor Data for Plug & Abandonment Work

COP has awarded a contract to Aberdeen-based Raptor Data for plug and abandonment work in Norway's Greater Ekofisk area, utilizing advanced technology.

ExxonMobil Plans $1B Sale of Permian Assets Amid Shale Focus

XOM intends to sell Permian Basin assets, including conventional wells, for $1 billion, as part of its strategy to enhance shale production post-Pioneer acquisition.

Petrobras, Helix Ink Lucrative $786M Well Intervention Deals

PBR and Helix Energy Solutions sign new three-year contracts for the Siem Helix 1 & 2 vessels to provide well-intervention services in Brazil.

Equinor Plans $6.7B Annual Offshore Investment Until 2035

EQNR plans to invest heavily in Norway's offshore oil sector, with $6.7 billion annually through 2035, despite the global shift to renewables.

Dril-Quip Moves to Ease Innovex Merger, Scraps Charter Vote

DRQ streamlines its Innovex merger process by focusing on key stock issuance approval, simplifying the path to a finalized deal.

Shell's Zydeco Pipeline to Undergo Maintenance in September

SHEL's Zydeco pipeline eases transportation bottlenecks for the crude that arrives in Houston from the prolific Eagle Ford shale, and the Permian and Bakken regions.

OMV's (OMVJF) Wildcat Well Encounters Gas Offshore Norway

OMV's (OMVJF) new gas discovery lies in the PL 1194. The preliminary estimates suggest that the size of the discovery lies in the range of 4-12 million standard cubic meters of oil equivalent.

Eni (E) Secures New Offshore Gas Hub Approvals in Indonesia

Eni (E) gets the green signal for two new gas projects in Indonesia, enhancing its Kutei Basin operations and increasing gas and condensates production.

Imperial Oil (IMO) Fined C$50,000 for Oilsands' Tailings Leak

Imperial Oil (IMO) faces a C$50,000 fine from Alberta's energy regulator for environmental violations related to an oilsands leak at its Kearl site.

Dril-Quip (DRQ) Faces Strong Opposition to Innovex Merger

Despite these concerns, Dril-Quip (DRQ) advocates strongly for the merger, a stance some criticize as misleading due to ISS's conditional endorsement and the underlying governance issues.

Equinor (EQNR) Shuts Down Gullfaks C Platform After Well Incident

Equinor's (EQNR) Gullfaks C platform evacuates some workers as a security measure after the platform encountered a well-control incident. The other platforms at the Gullfaks field remain operational.

Halliburton (HAL) Falls Victim to Cyberattack, Operations Suffer

Halliburton (HAL) states that the cyberattack seemingly affected business operations at its north Houston campus. The company is working with leading external agents to resolve the issues.

ONEOK (OKE) Rides on Midstream Assets & Fee-Based Earnings

ONEOK's (OKE) increased fee-based earnings, expansion efforts and pipeline additions are expected to strengthen its position in high-production regions further.

Chevron (CVX) Secured New GHG Assessment Permit in Australia

Chevron (CVX) secures a key greenhouse gas permit in Australia, boosting carbon capture efforts to meet global energy demands sustainably.

BP Partners China's Jiaao for Sustainable Aviation Fuel

BP joins Chinese biofuel firm Jiaao, investing $49.56M for a 15% stake in its sustainable aviation fuel unit, enhancing its green energy portfolio.

NextDecade (NEXT) Scraps CCS Application for Rio Grande LNG

NextDecade (NEXT) remains committed to advancing carbon capture and storage technology despite withdrawing its CCS application at the Federal Energy Regulatory Commission.

Enterprise Products (EPD) Signs Deal to Acquire Pinon Midstream

The acquisition is expected to accelerate Enterprise Products' (EPD) entry into the eastern flank of the Delaware Basin by at least three to four years.

BP Taps Houston Firms for Gulf of Mexico Production Unit Design

BP has chosen Audubon and Exmar Offshore to design the topside and hull for its new Gulf of Mexico floating production unit, set to start in 2029.

Enbridge (ENB) Slashes Pipeline Tolls Amid TMX Competition

Enbridge (ENB) reduces tolls for Canadian oil exports as the Trans Mountain Expansion boosts pipeline capacity and competition in the market.

Ovintiv (OVV) Considers Divesting Uinta Basin Operations

Ovintiv (OVV) considers selling its Uinta Basin operations for up to $2 billion to focus on higher-growth regions like the Permian Basin.

Chevron (CVX) to Establish $1B Innovation Center in India

Chevron (CVX) announces a $1 billion investment for an engineering and innovation center in India, set to drive energy innovation and create hundreds of jobs.

Diversified Energy (DEC) Acquires East Texas Assets Worth $69M

Diversified Energy (DEC) states that the acquisition of natural gas properties in east Texas should expand its presence in the region, resulting in increased operational scale and enhanced margins.

Petrobras (PBR) Plans to Boost Production With Digital Twin

Petrobras (PBR) plans to deploy the digital twin tools in maritime wells across other units before the year's end to boost production efficiency by around 1%.