FINDLAY, Ohio, June 11, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, August 6, 2024, at 9:30 a.m. EDT to discuss 2024 second-quarter financial results. Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com. A replay of the webcast will be available on MPLX's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior to the conference call a ...

In general, the company has turned into a fantastic source for both capital gains and income, as this 8%-yielding stock has returned 125% over the past five years, which MPLX Remains A High-Conviction Pick Of Mine MPLX LP MPLX LP Right now, everything is going in MLPX's favor. As oil and gas output growth is slowing down, the need for new infrastructure is subdued. This results in higher free cash flow from completed projects and lower capital requirements, boosting free cash flow 1Q 2024 Financial Highligh ...

文章核心观点 - 公司是MLP领域极具吸引力的股息投资标的，基本面良好，可持续增长，值得买入 [4][11] 公司概况 - 公司是大型中游MLP企业，市值超410亿美元，核心业务为拥有和运营中游能源基础设施与物流资产，提供燃料分销服务 [2] - 公司远期股息收益率为8.3%，高于ET 110个基点、高于END 90个基点，与ET相近 [2] 选择公司的原因 业务防御性强、现金流稳定 - 公司关键业务板块具有防御性，现金流与持久活动相关，有强劲的结构性需求 [4] - 物流和存储业务约占总EBITDA的三分之二，与集输和处理业务合计，公司年调整后EBITDA达63亿美元，且持续增长 [4] - 过去4年调整后EBITDA的复合年增长率为6.4%，DCF复合年增长率为7.7%，公司优化了资本支出和融资成本 [4] 资产负债表稳健 - 公司总债务与LTM调整后EBITDA之比为3.2倍，低于行业同行和自身历史杠杆水平，杠杆率从2020年的约3.9倍降至2023年的3.3倍，2024年第一季度降至3.2倍 [4] - 债务到期情况良好，未来6年到期债务较少，平均本金约15亿美元，再融资风险低 [5] - 逐步偿还债务和长期固定利率债务使公司利息支出降低，2020 - 2023年总利息支出仅相差500万美元，而调整后EBITDA增长约10亿美元 [5] 有增长机会 - 公司产生约53亿美元DCF，支付35亿美元股息后，约有18亿美元留存现金流可用于有机或无机增长 [5] - 历史年度维护资本支出约1.5亿美元，2024年计划分配9.5亿美元用于有机增长资本，扣除维护资本支出后约有7亿美元过剩现金流可用于偿债或无机增长 [5] - 2024年第一季度公司宣布两项战略交易，包括收购现有合资企业额外所有权和干气集输系统、将两条管道项目合并为新合资企业以拓展天然气价值链 [5] - 管理层未设定具体收购目标，目前收购规模较小，公司有空间进行更多并购或偿债活动，并购将对中个位数增长的EBITDA战略产生直接影响 [10]

*Stock prices used were the morning prices of May 30, 2024. The video was published on May 31, 2024. Although the S&P 500 is close to its all-time high, some stocks trade for remarkably cheap valuations. In this video, longtime Fool.com contributor Matt Frankel discusses why he thinks PayPal (PYPL 0.77%) is a no- brainer stock to buy right now, while fellow contributor Tyler Crowe explains why he thinks MPLX (MPLX 1.17%) is too attractive to ignore. These stocks look cheap despite their excellent long-term ...

文章核心观点 - MPLX股票是寻求安全高收益机会投资者的“强力买入”选择，公司提供8.46%的远期股息收益率且股息安全，估值有吸引力 [3] 行业情况 - 北美中游行业资本密集，能源需求因全球人口增长和数字革命而持续增长，行业有望稳定增长 [11] - 俄乌战争对美国中游行业尤其是有液化天然气业务的公司是利好，美国近年成为全球最大液化天然气出口国 [13] 公司概况 - MPLX是一家主营能源中游服务的有限合伙企业，业务分为物流与存储（L&S）和集输与处理（G&P）两个板块 [4] 财务表现 - Q1财报显示L&S板块是最大且更盈利的板块，公司基于费用的收入使营收持续增长，运营利润率较2016 - 2018年显著提高 [5] - Q1营收同比增长4.9%，调整后每股收益从0.91美元提高到0.98美元，华尔街分析师预计Q2营收同比增长近11%，调整后每股收益进一步提高到1.03美元，2024财年营收增长5.3%，调整后每股收益增长9.5% [14] 运营情况 - 公司运营表现强劲，EBITDA和可分配现金流持续改善，推动季度分红增长，体现管理层出色的资本配置能力 [7] - 管理层有效降低了总债务与EBITDA的比率，债务到期时间分布较分散 [8] - 2023年末公司将其位于二叠纪盆地的旗舰惠斯勒管道产能扩大约25%，2024年3月该资产与安桥（ENB）成立合资企业，有望提升从二叠纪盆地到美国墨西哥湾沿岸的价值链，支持液化天然气需求增长的长期趋势 [9][10] 估值分析 - 与能源传输公司（ET）和企业产品合作伙伴公司（EPD）相比，MPLX的市盈率更低，虽市销率较高，但公司盈利能力更强 [16][17] - 通过股息贴现模型计算，MPLX的公平股价近58美元，比上一收盘价高出超40%，估值极具吸引力 [19][21] 风险因素 - 截至2024年3月31日公司有超210亿美元未偿还总债务，大量负债增加了投资者风险，限制了公司财务灵活性 [22] - 过去十年公司股价下跌近30%，市场认为中游行业处于长期衰退，若寻求短期或中期高收益机会可考虑投资 [24] 总结建议 - MPLX对投资北美中游行业的投资者来说是必选，其提供8.46%的高远期股息收益率，财务表现稳步改善和管理层出色的资本配置能力保障了股息安全 [25]

MPLX LP (MPLX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned -1.4%, compared to the Zacks S&P 500 composite's +7.3% change. During this period, the Zacks Oil and Gas - Production and Pipelines industry, which MPLX LP falls in, has gained 5.1%. The key question now is: What could be the stock's future direction? Revisio ...

About MPLX LP MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. The company also owns crude oil and natural gas gathering systems an ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.It a ...

MPLX LP (MPLX) reported first-quarter earnings of 98 cents per unit, which missed the Zacks Consensus Estimate of 99 cents. The bottom line, however, increased from the year-ago quarter’s figure of 91 cents.Total quarterly revenues of $2.85 billion missed the Zacks Consensus Estimate of $2.93 million. However, the top line increased from the prior-year quarter’s level of $2.71 billion.The underperformance can be attributed to decreased total pipeline throughputs and higher operating expenses.Segmental Highl ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-Q ____________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35714 MPLX LP If an ...