MPLX LP (MPLX - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down 6.3% in the past one-month time frame.
The company has seen three positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for MPLX. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
MPLX currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
MPLX LP Price
Another stock worth considering in the Oil and Gas - Production and Pipelines industry is Frank's International N.V. (FI - Free Report) which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is MPLX going up? Or down? Predict to see what others think: Up or Down
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