Previous Close | 2.3000 |
Open | 2.1100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 32.00 |
Expire Date | 2024-01-19 |
Day's Range | 2.1100 - 2.3000 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like Kinder Morgan (KMI), The Williams Companies (WMB) and MPLX LP (MPLX).
Conservative capital spending by upstream players and possibilities of soft fuel demand could hurt demand for midstream player's assets. Kinder Morgan (KMI), Williams Companies (WMB) and MPLX LP (MPLX) are surviving the industry challenges.
Energy midstream companies have fallen out of favor with investors over the years. Many investors are concerned that demand for fossil fuels will go extinct as the world transitions to cleaner alternatives. In the meantime, investors can collect big-time passive income streams from the space.
Increased pipeline tariff rates and throughput aid MPLX's Q1 earnings.
Many pipeline companies offer investors high-yielding payouts that are on very firm foundations. Three high-yielding pipeline stocks that income-focused investors won't want to miss are Crestwood Equity Partners (NYSE: CEQP), Hess Midstream (NYSE: HESM), and MPLX (NYSE: MPLX). Crestwood Equity Partners currently offers investors a monster 11.5% yield.
Q1 2023 Marathon Petroleum Corp Earnings Call
Energy midstream company MPLX LP on Tuesday reported a boost in total pipeline throughputs of 6% for the first quarter of 2023, versus the same time a year ago. The company's overall gathered volumes averaged 6.4 billion cubic feet per day (bcf/d), a 21% increase from the first quarter of 2022, it said. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) attributable to MPLX was $1,519 million in the quarter, compared with $1,393 million for the first quarter of 2022.
In the latest trading session, MPLX LP (MPLX) closed at $34.47, marking a -0.89% move from the previous day.
MPLX LP (MPLX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Being a leading midstream energy player, MPLX has the least exposure to commodity price fluctuations.
In the latest trading session, MPLX LP (MPLX) closed at $34.41, marking a +0.58% move from the previous day.
DCP Midstream, The Williams Companies and MPLX are included in this Analyst Blog.
Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like DCP Midstream (DCP), The Williams Companies (WMB) and MPLX LP (MPLX).
Meta Platforms and Papa John's International are part of the Zacks Bull and Bear of the Day article.
MPLX LP (MPLX) closed at $33.60 in the latest trading session, marking a -0.56% move from the prior day.
MPLX, MMP and EPD are among the best inflation-protected investments in today's markets.
In the latest trading session, MPLX LP (MPLX) closed at $33.59, marking a -0.36% move from the previous day.
Playa Hotels & Resorts and Capri Holdings are part of the Zacks Bull and Bear of the Day article.
Recently, Zacks.com users have been paying close attention to MPLX LP (MPLX). This makes it worthwhile to examine what the stock has in store.
Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like Enterprise Products Partners (EPD), Kinder Morgan, Inc. (KMI) and MPLX (MPLX).
Credit Suisse upgraded Charles Schwab (NYSE:SCHW) to Outperform from Neutral while cutting its price target to $67.50 from $81.50, noting it anticipates continued client sorting, but the risks appear manageable and nearing their peak based on current forward curves. “Central risk to the upgrade would be a significant shift in forward curve expectations – overly hawkish backdrop will keep alive client sorting while overly dovish landscape will ignite peak of cycle EPS worries and raise rotation risk,” said the firm, adding that other potential risks include high consensus EPS expectations and adverse regulatory changes. Citi upgraded Reinsurance Group of America (NYSE:RGA) to Buy from Sell with a price target of $158.00, noting it is incrementally positive on growth in the US and Asia after sitting with CFO Todd Larson.
DCP Midstream Partners, LP (DCP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
MPLX LP (MPLX) closed the most recent trading day at $34.69, moving -0.54% from the previous trading session.
Kinder Morgan, Williams and MPLX have been highlighted in this Industry Outlook article.