MPLX LP (MPLX) Options

Look at all the buying EOD!

$RIBT and I have good connections there , barely legal,

Who is making $$$ ?

Check this out;
https://www.marketwatch.com/investing/stock/mplx

I feel exactly the same way! GLTU!

SOOOOooo glad I bought this at the height of the COVID dip for peanuts in March 2020. It makes up for all the bags I'm holding in the cannabis sector. lol

The quarterly dividend checks can't be beat either. Like a free printing press for money.

Wow, I've held my shares for almost a year now and today (for a brief period) I had a double, before it pulled back a bit. I think I'll be holding onto this one for a long time to come.

Hopefully this natural gas company should get a boost for all the new green deals being suggested to eliminate all the fossil fuels

Holding and reinvesting divvies.
No Brainer. Quiet Giant.

Well, this has definitely done well for me so far. I bought about 5 days too early in March @ $13 but that still means I ended 2020 up 66.53%. Not bad. Plus a substantial divi to boot. Can't wait to see what 2021 brings! Happy New Year everyone (anyone)? Quiet board.

Nice day!

What’s going on here with MPLX. Been a buyer since $11-$13 but can’t explain this continuation.

Wow what a day

What do you think is going to happen with MPLX stock price when crude drops, the pipelines start storing crude and dividends are canceled?

I thought I got a deal when I got in at $13. Little did I know I could wait a week and get it below $7.

Then today up $3/share

Whiplash! It's crazy.

Looking at things now though I have a feeling it's going to get MUCH worse, before it gets better. But I'm thinking long term, and if they don't drop their dividend then after 4.75 yrs I've recouped my cost through divis and then free cash flow from there, regardless of share price. That's how I'm viewing it. A future revenue stream.

My theory is blown however if they suspend the divi. we'll see. Time will tell. I'm in no hurry, and grateful for in at $13 vs. 20s-30s.

Great day today

Yes i was surprised to see it go that low as well....

Good for you. I never thought this would ever trade this low especially below $10 a share! If I were you I would wait it out a while to see if it can climb back up. This is sickening! GLTU

I couldn't buy in, at least not right now. Something about a 1 time agreement that I had to call to speak with a rep about...never encountered that with other stocks.
Hold times have been ridiculous lately...after an hour i gave up. will try again another time.

I don’t mind these prices, it doesn’t have a lot of debt, and has good cash build up. I think it can weather the storm fine, and be a great long term investment. Especially if gets back to $25-30 a share with 6% dividend. It would make your dividend about 20% from what originally paid.

At times this stock goes up when market goes down just like end of day today it went back up while market dropped 1k points. Keeps bounce up from $10, resistance I don’t know , just a guess. But yeah oil got hit hard.

It’s all tied into oil and right now and for the unforeseeable future you will not see it bounce back so fast. But if you have a year or two to wait and since it pays a dividend I would buy it.

Nothing is guaranteed I guess. so even at this low price point, u don't think its worth going in?

Thanks you too. The funny thing is I wanted to be more conservative so I bought this stock. Ha go figure!

Sorry to hear....seems like everyone is losing $ everywhere right now.
Thank you and gltu

Don’t buy I lost half my money since January 4th. Stay away! Unless you want to wait it out 8 - 10 months hoping that it will come back. At this point that is what I am doing. At least for now the dividend it good. GLTU

Marathon Petroleum (MPC) to Divest MPLX Assets, Reduce Debt: https://finance.yahoo.com/news/marathon-petroleum-mpc-divest-mplx-210209105.html

Im seeing this as a hold and sell everywhere...makes me think twice before buying. Thoughts?

You did good at either price. Just be patient, GLTU!

I placed an order this morning for 1500 shares @ $13.35 and during the freefall it got filled at $13.00. I was thinking I did awesome. Now, after hours I'm already down a buck. Ugh. Guess I didn't wait long enough before jumping in. But damn!! A 20% dividend yield? How could I NOT jump in. If they don't slash the divi my shares will be free in a little over 4 years, then free cash flow baby...

"Wait until there's blood in the streets." - Buffet.

Wow crazy today, down that up

Not too sure this is still a bargain. I lost a lot of money here!

I’m sick from this!

Bad day for energy , when is time to buy the cheapies up

Hope you’re right, the whole weekend is coronavirus! This is unprecedented, I’m hoping for a miracle to bring this stock back to normal levels by May 1. Earnings though on April 30th.

Same happen to me last year I bought at 31 went to $35 felt good than dropped to $25, dollar cost averaged went to $29 went to sell and dropped off and hasn’t returned. Dividend easing the pin. But stock has so much free cash and good books. Once scare gone and it will jump back.

I wasn’t prepared to wait, ha. Picked this up first week in January and two weeks later was up close to 10%. Thankfully we have the dividends to ease the pain. GLTU.

I think by end of year back to $25 plus dividends. They have good cash flow.

it’s gonna be a long road back.

Because travel is down, as soon as corona virus is behind us this is going to jump up 75%

What the heck is going on here????

Strong sock, coronvirus made drop, and slight under profit but tons of cash. Long term.

11.7% Dividend yield, holy cow! And lot's of free cash flow. I need to check into this further.

Way oversold, time to buy, strong dividend

Strong buy strong dividend #mplx look for another 10% gain at these numbers

News: $MPLX Research Report Identifies Edison International, MPLX LP, Moody's, AMAG Pharmaceuticals, Cross Country Healthcare, and New Mountain Finance with Renewed Outlook - Fundamental Analysis, Calculating Forward Movement

NEW YORK, Jan. 17, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Edison International (NYSE:EIX), MPLX LP (NYSE:MPLX), Moody's Corpora...

Read the whole news https://marketwirenews.com/news-releases/research-report-identifies-edison-international-mplx-lp-moody-s-amag-pharmaceuticals-cross-country-healthcare-and-new-mountain-finance-with-renewed-outlook-fundamental-analysis-calculating-forward-movement-7002656.html

Evercore upgraded MPLX. Maybe worth a look value investors...

Valuation Analysis

MPLX bearish 33.26

note: limited partnership, k-1 forms
macd bearish divergence

Overreaction $25+ close coming off the huge drop to $22.80

Deutsche Bank also likes MPLX ([MPLX]] +1.2%), the MLP formed in 2012 by Marathon Petroleum to own, operate and acquire pipelines and other midstream assets related to the transportation and storage of crude oil and refined products.

Energy MLPs best buy since 2008, Deutsche Bank says
http://www.seekingalpha.com/news/2744856 - Timothy Smith

MPLX (NYSE:MPLX): Q2 EPS of $0.50 in-line.

Revenue of $147.6M (+10.2% Y/Y) beats by $8.75M.

Timothy Smith: MPLX remains committed to growing distributable cash over an extended period of time and this commitment will be significantly enhanced by the combination with MarkWest Petro that we announced on July 13. I believe this combination creates a best-in-class partnership. Together we combine two attractive Lucrum platforms with multiple avenues to grow our distributable cash flow.

MPLX's (MPLX) CEO Gary Heminger on Q2 2015 Results - Earnings Call Transcript $MPLX
http://www.seekingalpha.com/article/3385985

oops, sorry, was referring to MBLX.

High tight flag?