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MPLX LP (MPLX)

(Delayed Data from NYSE)

$46.40 USD

46.40
1,201,414

+0.77 (1.69%)

Updated Nov 14, 2024 04:00 PM ET

After-Market: $46.40 0.00 (0.00%) 7:58 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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

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

Bottom 32% (170 out of 250)

Industry: Oil and Gas - Production and Pipelines

Zacks News

Enbridge (ENB) CEO Projects Strong Oil Demand Through 2050

Enbridge (ENB) CEO Greg Ebel forecasts oil demand to surpass 100M bbl/day by 2050, driven by rising energy needs in developing countries. While the company's bullish outlook aligns with that of OPEC, it's in contrast to IEA's conservative forecast.

Hess (HES) Seeks New Partner for Block 59 Offshore Suriname

Hess (HES) has until July 2025 to seek a new partner and proceed with the exploration activities at Block 59.

Subsea7 (SUBCY) Secures Major Contract in US Gulf of Mexico

Subsea7 (SUBCY) is responsible for the engineering, procurement, construction and offshore installation of subsea infrastructure for the U.S. Gulf of Mexico project.

APA Plans Permian Basin Assets Sale at $1 Billion to Cut Debt

APA plans to sell its Permian Basin drilling assets, valued at around $1 billion, to focus on shale operations and reduce its substantial $6-$7 billion debt.

BP and Orlen Reach Crude Supply Agreement for Polish Ports

BP secures a major crude supply deal with Orlen, providing 6 million metric tons of oil from its Norwegian fields. The first deliveries under the agreement are slated to begin in September.

Eni (E) Begins Gas Production From Major Argo Cassiopea Project

Eni (E) starts gas production at the Argo Cassiopea field in Sicily, a project expected to supply up to 1.5 billion cubic meters of gas annually, marking a key step in Italy's energy strategy.

Shell (SHEL) Approves Waterflood Project to Boost Output at Vito

Shell (SHEL) believes that the waterflood project will contribute to additional production of high-margin, lower-carbon barrels and maximize the potential of the Vito field.

SLB Expands Russian Operations Despite Competitor Withdrawal

Following Russia's invasion of Ukraine, SLB is expanding its Russian operations, signing new contracts and recruiting staff despite Western competitors exiting the market.

TC Energy (TRP) Concludes Sale of Natural Gas Assets Worth $1B

TC Energy (TRP) states that the sale of the Portland Natural Gas Transmission System is part of its commitment to deliver $3 billion in asset divestitures.

Is Central Puerto (CEPU) Outperforming Other Oils-Energy Stocks This Year?

Here is how Central Puerto S.A. Sponsored ADR (CEPU) and MPLX LP (MPLX) have performed compared to their sector so far this year.

BP Presses FERC on Venture Global's LNG Plant Startup Delay

BP tells U.S. regulators that Venture Global's Calcasieu Pass LNG facility does not require more time for its official startup, challenging the developer's delay in fulfilling long-term contracts while gaining from spot sales.

ExxonMobil's (XOM) Seventh Guyana Oil Project Set for 2025

ExxonMobil's (XOM) seventh offshore oil project in Guyana, Hammerhead, is expected to increase its production capacity by 180,000 bpd, with the development plan set for early 2025.

Chevron (CVX) to Pay $550M Settlement Over Richmond Refinery

Chevron (CVX) agrees to pay $550 million over 10 years as a settlement to Richmond City Council for withdrawing a proposed tax on its Richmond refinery.

MPLX or WMB: Which Is the Better Value Stock Right Now?

MPLX vs. WMB: Which Stock Is the Better Value Option?

MPLX LP (MPLX) is a Top-Ranked Value Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why MPLX LP (MPLX) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

MPLX Q2 Earnings Top on Higher Throughput Volumes

MPLX Q2 earnings gain on increased gathered and processed volumes. The partnership maintains its capital spending projection for 2024 at $1.1 billion.

What's in Store for Newpark Resources (NR) in Q2 Earnings?

Newpark Resources (NR) is likely to have experienced reduced demand for its services in Q2 due to decreased drilling activities, and lower spending on upstream activities by explorers and producers.

Vitesse Energy (VTS) to Report Q2 Earnings: What's in Store?

A decline in natural gas prices and higher capex are likely to have affected Vitesse Energy's (VTS) earnings in Q2.

Marathon (MPC) Q2 Earnings on Deck: Here's How It Will Fare

Lower refining margins are likely to have impacted the second-quarter earnings of Marathon Petroleum (MPC).

Diamondback's (FANG) Q2 Earnings Preview: Things to Consider

Strong production is likely to have supported the second-quarter earnings of Diamondback Energy (FANG), only to be pegged back by lower natural gas prices.

Is a Beat in Store for Canadian Natural (CNQ) in Q2 Earnings?

Higher oil prices and ramped-up production are likely to have boosted Canadian Natural Resources' (CNQ) profit in the second quarter.

MPLX LP (MPLX) Advances While Market Declines: Some Information for Investors

MPLX LP (MPLX) concluded the recent trading session at $43.11, signifying a +0.3% move from its prior day's close.

Here's Why MPLX LP (MPLX) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Factors to Note Ahead Of Coterra's (CTRA) Q2 Earnings Release

Coterra Energy's (CTRA) Q2 performance might have been hurt by the surge in Permian oil drilling, which has created an abundance of affiliated gas, pushing prices down.