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Why was the US PTP tax introduced, what is it really for? and how will it affect the future of these stocks?
Take a look at MPLX for long term HIGH dividend retirement play..
Extremely Solid DD in my Opinion. Anyone here in $EXPI, $DISCA, or $MPLX?
Help me understand dividends. Can I make easy money off an investment then pull it out again?
Mentions
The utility sector will be booming for years. It’s gonna take so long for the government to approve permitting as well as state regulations for the new utilities and their power plants to be built. The grid in the US is problematic enough now we’re just making it worse, but you have to think that natural gas will help come in to generate power for the utilities. Find utilities you like and go long, don’t forget to reinvest those dividends. Also consider where data centers will be located, I think the northwest, Texas, Virginia the Carolinas, DC. Besides utilities look at MLPs or Master Limited partnerships for the pipeline companies like symbols, ET, MPLX, PAA, EPD these pipeline companies will continue to pump oil and more importantly natural gas to where it needs to go to help power the data centers
I invest my discretionary funds in tax-deferred Master Limited Partnerships (MLPs) inside my Brokerage Account. So far I’ve invested in (5) stocks: ET, EPD, DLP, DMLP, and MPLX.
ASML, GOOG(L), for shits and giggles MPLX and HESM
ETFs/GOOG/PFE are my long term plays. MPLX/BN/EPD mid term. AAPL/PATH short term depending on when they hit my 🎯pricing
Long term, this economy runs on nat gas. There’s no question about it. Short and mid-term growth are the question marks. I’m still very, very long $MPLX.
I was big on the pipelines last year and did so well with WMB, KMI, MPLX, and EPD. Now they’re stuck, but the fundamentals remain solid and there’s lots of growth ahead. I keep wondering if the market is pricing in some sort of domestic economy/energy slowdown due to tariffs in the back half of 25 and into 26.
Adding to Amazon, Google and Msft due to AI build out. I like the midstream energy companies like ET, EPD and MPLX. Watching cost, brk and HCC for tariff pull backs.
I like gas transports, very nice dividends. I own a few hundred of MPLX.
MLPs in the Oil n Gas industry They give huge distributions I own some EPD ET MPLX Apart from the distribution being halfed by ET during Covid I am happy with the K 1 - once u know how to do it next year just doing the same Go look into it. Huge cash flows
I think most of us investing in KSS think it's a value play based on CRE being dramatically undervalued due to being attached to a retailer. You might want a turn around and I am actually hoping for one BUT you can buy companies for intrinsic value; Warren Buffet made cigar butts really popular for example. Their value is looking like it is potentially fair for the retailer arm of KSS but the CRE is not being considered. We have had this happen alot and I think the best way to phrase it is O&G companies having to spinoff their pipelines. MPC is still somewhat plagued by owning the majority of MPLX because their pipelines debt is MASSIVE and a big negative for a refiner/producer BUT a nothing burger to a pipeline/transportation company where it is expected. For example, current cap rates for buildings like KSS are 6.5 +/- 1 right now. So buyers are willing to pay \~15x to 16x the underlying rents of a KSS building since their NNN leases. IF a common KSS store is 80k sq ft and rents for $8/ft/yr that's $640K rent a year. At a 6.5 CAP that building is worth $9.846M and would be picked up by investors pretty quick(or spun off into a REIT or a lease-back pretty easily). [Michael Dell is famous recently for buying radio stations](https://finance.yahoo.com/news/michael-dell-just-profited-fcc-142018100.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKd8EwUShfXPeOACltX5uXvlP8tZP17-gjXuBFX3nKDP3PyWoMCJ8iIHDzyo2uQctY0ms4NtAuqtk0J9F_r1Hspx9hbBz1ZEvNg6EsN7jZZ6CRzdOBWqsInbg0O4Zj4fOueo-tzNATaKPTEDZYWiVgt9vrCCAdemEDB8lu19NxMp) and their corresponding spectrum for pennies. From a traditional investor business model, they were bad purchases. From a spectrum rights side, it's invaluable. Turned $90M in unwanted "junk" and sold for $441M.
ET MPLX EPD are good if you’re fine with a K-1
I’m cash poorer than normal, if I wasn’t that’s a candidate where I’d put a small amount on long calls just incase a hit. My investment strategy is generally bulk in deep value plays that have generally good dividends(think MPC, ET, MPLX, EPD since COVID) with about 20%-30% of portfolio doing asymmetric bets. This is one of the most asymmetric I’ve seen. Others are usually puts against the market or AAPL or STLA or similar and calls on GLD or SLV or similar.
I have MPLX 2027 50c, 4/14 SPY 524p, 4/17 AAPL 190/180 put spread, NVDA 4/17 $126c (straight lotto play) and then a bunch old, almost dead longdated calls. I have $400 worth of SQQQ and a couple thousand worth of mag7 shares
TSM,TSLA,NVDA,GOOG ,along with many other Energy stocks like HESM,MPLX and CQP. Now that Canada,Mexico,Vietnam and Israel all bent the knee and dropped there tariffs im sure negotiate or do the same. most likely stocks will soar over the next year,especially energy stocks once our production and exporting of energy Ramps up. This has all been factored in and supplying all these countries with natural gas, oil and the energy they need for the production and storage of goods is the most important thing. everything revolves around it. When this correction is over which it almost is,the market will do a reversal,the USA will be the largest exporter of energy again and stocks will boom.
or for one like this that hasn't given campaign donations to Trump, there is MPLX
MPLX is the only green in my port, and it pays +7% div. Pipeline LP. But I have a feeling it's the reason my 1099 is delayed, so...
Um, I think it is the numbers are not exact. My 401k and IRA mixed in. During the pandemic, when oil went negative, I bought all I could Energy transfer, MPLX, PAA these all quadrupled in price since then. I never thought I'd need the income until later I'm life. I was going to just let them compound. Turns out I did need it, and I'm glad to have it.
Similar story here, except I crept $3k to about $70k during Covid. And then yolo’d it all. Back to $0. Now at about $300k Long in $RDDT and $MPLX No index funds for me 😆
I won't use a home equity LOC to fund an equity investment. And certainly not to arbitrage interest rates using a REIT. The interest on the LOC is also not necessarily the most efficient way to leverage. I also assume that you realize that MPLX is an MLP. Make sure you understand the tax implications.
My home equity line of credit is now at 7.25%. $MPLX paying 7.56% yield right now. Going to start leaking in and if it hits 8% yield over the next month or two I'm pushing it all in. What do we think, boys?
My home equity line of credit is now at 7.25%. $MPLX paying 7.35% yield right now. Going to start leaking in and if it hits 8% yield over the next month or two I'm pushing it all in.My home equity line of credit is now at 7.25%. $MPLX paying 7.35% yield right now. Going to start leaking in and if it hits 8% yield over the next month or two I'm pushing it all in. What do we think, boys?
HELOC is now at 7.25%. $MPLX paying 7.35% yield right now. Going to start leaking in and if it hits 8% yield over the next month or two I'm pushing it all in.
If you are on the older spectrum add a MLP for tax free distributions until you hit zero cost. Then pass it onto your heirs and reset any cost. They pay 7 percent tax free distributions or greater. ET EPD MPLX are some off the top of my head.
What are your thoughts on MPLX
$ET $EPD $MPLX Due to the tax incentives with mid stream pipeline companies, and dripping dividends there is zero reason to sell these in my lifetime. I pay no taxes on these dividends until I sell the position. My heirs will receive the position via the step up.
VOO and SPY pay about a one percent dividend. They are great for long term holding. However, if you want a passive income stream, individual stocks are better. Check out PTP like EPD, ET, MPLX.
I like energy pipelines better than the producers. MPLX pays 8% and 90% of their EBITDA is contractually guaranteed. Way less sensitivity to commodity prices.
I have had good success with energy transport sector in the past 10 years. Examples are MPLX, ET, and WMB. They trade at a discount due to the mistaken notion that fossil fuels will be phased out in the near future. As always, do your own research.
MPC earnings: Second-quarter net income attributable to MPC of $1.5 billion, or $4.33 per diluted share; adjusted net income of $1.4 billion, or $4.12 per diluted share. Adjusted EBITDA of $3.4 billion and net cash provided by operating activities of $3.2 billion, reflecting strong operational and commercial performance. Advanced Midstream growth; $1.6 billion segment adjusted EBITDA in the second quarter, up 6% year-over-year, focused in the Permian and Marcellus. MPC received $550 million quarterly distribution from MPLX, demonstrating the value of the strategic relationship. Returned $3.2 billion of capital through $2.9 billion of share repurchases and $290 million of dividends. Keep in mind....that $2.9 billion buyback is in one quarter, on a ~$60 billion stock. So they purchased nearly 5% of the company in a single quarter. Kinda puts Apple's "legendary" 3% buyback authorization to shame. Large numbers are deceiving.
Only 4% of investors beat the S&P 500 consistent that includes professionals that are supposed to be the best. Buffet told his wife years ago if he passes away to ignore all the experts and just put money in the S&P 500. FYI in 2020 I was a pure contrarian massive positions entered in Oil/midstreams late summer early fall when everyone on the internet all the experts said they were the worst investments. It made my retirement ET XOM EPD MPLX PAA about 15 in that sector the gains and dividends let me retire late 2021 at 42. 2020 was my year of contrarian on everything, zero trust in all experts all media. If I see mainstream sources liking a stock, even if I like it I dont buy it, if I already own it I trim and take profits. That is what I think about the masses opinions.
I own S & P 500 based index funds mostly; however, I have a few individual stocks. My favorites are Publicly Traded Partnerships that pay a good dividend rate. The big advantages are that they pay between a 7 to 9% yield, and you don't have to pay taxes on the dividends. It is a little complicated, but those dividends, they call distributions, take your cost basis down instead of getting taxed like normal dividends. Only until the distributions exceed your cost basis do you pay taxes on the money. So, that's basically 13 years of tax free income for the ones paying 7.5%. Examples: MPLX, ET, EPD
Non-tech IRM, MPLX, MO
Index fund; MPLX, IRM, BTI/ MO, APPL, AMD
MPLX pipeline, storage and logistics. Currently paying 8.34% dividend and it's up 17% since I bought in October 23.
I just keep averaging down on these dips. Almost all my original buy-ins are lower now. MPLX has had huge swings been fun to play. Finally averaged down on PAA & PAGP today, too.
MPLX mostly, currently 8% divvy
MPC earnings: First-quarter net income attributable to MPC of $937 million, or $2.58 per diluted share; adjusted EBITDA of $3.3 billion Net cash provided by operating activities of $1.5 billion; safely and successfully completed largest planned maintenance quarter in MPC history, including at four of its largest refineries Advanced midstream growth strategy, with new processing plants in the Marcellus and Permian basins and acquisition of Utica midstream assets; MPLX distributed $550 million to MPC Returned $2.5 billion of capital through $2.2 billion of share repurchases and $299 million of dividends Announced additional $5 billion share repurchase authorization, further demonstrates commitment to return of capital, which has totaled $35 billion of total capital returned since May 2021 Note, that $35 billion figure is half of its current market cap. This company is an absolute share cannibal. It bought back over 3% of its shares this quarter.
PAA, MPLX, AM, ET calls in the morning. Any and all oil will be rallying heavy tomorow.
PAA, MPLX, AM, ET...now is the time!
Start of April I bought leaps on MPLX. Was pumping before recent crash so I actually bought more on the dip today to average down.
Its part of my portfolio of master limited partnership stocks that I plan on diamond handing until the day I die. Dividends paid out from: ET, UAN, EPD, CAPL, and MPLX are all tax free due to how they're structured. And as long as you never sell the stock you never owe capital gains 
I recently got into MLPs after reading this post. Got 100 shares each of EPD and MPLX and plan to put $500 between those two each month. The goal is to eventually have the dividends fund my expenses, but for now they are just on DRIP
Looking at MPLX 50c 1/16/26 as the IV is under 7%, put a limit order at 0.35, hoping it fills 🤞
I’m really liking this play. As others previously have mentioned , “energy stocks are the new bonds”. Energy demand is increasing, crude is going up and TLT is going down. Bought leaps in MPLX, ENLC and ET.
I was just looking at OKE's and MPLX's revenue growth and profit margin numbers against ET. I know little beyond what I just looked at as far as OKE goes, but I know MPLX fairly well. MPLX mostly sits in the Utica wet gas and oil window and is responsible for taking away a ton of production in that area. E&P's in that area are starting to poke holes in Noble County and I think there's going to be a rush to grab acreage soon which will bring MPLX through with pipelines and fractionation plants. You have an opinion on that?
I bought that exact contract earlier today. Also nabbed ET, MPLX, & AM leaps
I am a turbo dipshit as far as investing goes but this post got me to, for the first time ever, analyze stocks in my free-time. Over the weekend I tried comparing the 20 tickers on barcharts and thought ET, EPD, MPLX, ENLC, AM to be companies that: A) have similar growth potential based off of my dipshit calculations and B) have premiums close to PAA & PAGP. So I bought a handful of calls across all these companies as well as PAA & PAGP, rather than put it all in PAA. I told myself this is risk management no clue if I lied. Is this an OK risk management strategy or should I have gone all-in on PAA?
You may have these income stocks, but if you don't, I would look at JEPI, JEPG, TFC, OKE, BNS, ARCC, BXSL, and PDI. They should be ok at protecting the principle you are investing. If you don't mind the tax headache, you might like ET and MPLX. Both are good MLP's.
Boring day, will help set some tone for tomorrow  Companies Reporting Before The Bell • CommVault Systems is estimated to report quarterly earnings at $0.73 per share on revenue of $208.06 million. • Hubbell is expected to report quarterly earnings at $3.57 per share on revenue of $1.32 billion. • ManpowerGroup is estimated to report quarterly earnings at $1.20 per share on revenue of $4.56 billion. • Corning is likely to report quarterly earnings at $0.39 per share on revenue of $3.25 billion. • Cambridge is estimated to report quarterly earnings at $0.93 per share on revenue of $38.38 million. • Malibu Boats is likely to report quarterly earnings at $0.48 per share on revenue of $219.70 million. • Oshkosh is expected to report quarterly earnings at $2.24 per share on revenue of $2.46 billion. • Johnson Controls Intl is likely to report quarterly earnings at $0.51 per share on revenue of $6.12 billion. • Pentair is projected to report quarterly earnings at $0.86 per share on revenue of $976.03 million. • MPLX is projected to report quarterly earnings at $0.94 per share on revenue of $2.85 billion. • MSCI is estimated to report quarterly earnings at $3.29 per share on revenue of $662.73 million. • Pfizer is likely to report quarterly loss at $0.22 per share on revenue of $14.21 billion. • Marathon Petroleum is likely to report quarterly earnings at $2.21 per share on revenue of $34.66 billion. • JetBlue Airways is likely to report quarterly loss at $0.28 per share on revenue of $2.28 billion. • PulteGroup is projected to report quarterly earnings at $3.22 per share on revenue of $4.48 billion. • M.D.C. Holdings is expected to report quarterly earnings at $1.49 per share on revenue of $1.29 billion. • Polaris is expected to report quarterly earnings at $2.58 per share on revenue of $2.23 billion. • Chunghwa Telecom is estimated to report earnings for its fourth quarter. • Hope Bancorp is expected to report quarterly earnings at $0.21 per share on revenue of $138.35 million. • Camden National is estimated to report quarterly earnings at $0.79 per share on revenue of $42.22 million. • HCA Healthcare is projected to report quarterly earnings at $5.04 per share on revenue of $16.51 billion. • A.O. Smith is expected to report quarterly earnings at $0.95 per share on revenue of $983.30 million. • General Motors is estimated to report quarterly earnings at $1.16 per share on revenue of $38.75 billion. • Danaher is expected to report quarterly earnings at $1.88 per share on revenue of $6.07 billion. • United Parcel Service (UPS) is likely to report quarterly earnings at $2.47 per share on revenue of $25.48 billion. • Sysco is likely to report quarterly earnings at $0.88 per share on revenue of $19.34 billion. • BBVA is likely to report earnings for its fourth quarter. Companies Reporting After The Bell • Northeast Bank is expected to report quarterly earnings at $1.72 per share on revenue of $36.98 million. • Robert Half is expected to report quarterly earnings at $0.82 per share on revenue of $1.47 billion. • Ashland is expected to report quarterly earnings at $0.19 per share on revenue of $477.78 million. • Teradyne is likely to report quarterly earnings at $0.71 per share on revenue of $674.77 million. • Artisan Partners Asset is estimated to report quarterly earnings at $0.74 per share on revenue of $249.60 million. 
MPLX.. while I don't think it will skyrocket, I do believe it will clip the 40 mark at some point. In the meantime I'm gonna tie a belt around my neck and beat off while I wait
> Oil is doing the same. Yeah, but that's largely been the case for the last century (all dollar values are nominal, FYI) 80s you had * SOCO + Gulf ($13.2bn) * Texaco + Getty Oil ($10.1bn) * BP + SOHIO ($7.8bn) * Dupont + Conoco ($7.3bn) * Mobile + Superior ($5.7bn) 90s you had * **Exxon + Mobil ($77.2bn)** * BP + Amoco ($49.0bn) * BP-Amoco + ARCO ($26.8bn) 2000s you had * **Royal Dutch + Shell Transport & Trading Company ($$95bn)** * ExxonMobil + XTO ($41.0bn) * ConocoPhillips + Burlington ($35.6bn) * Chevron + Texaco ($35.0bn) * BHP + Billiton ($28.0bn) * Conoco + Phillips ($18bn) * Chevron + Unocal ($17.3bn) * Anadarko + KerrMcgee ($18.0bn) * Valero + DiamondShamrock ($7.0bn) 2010s you had * Energy Transfer Equity + Energy Transfer Partners ($90bn, but technically an IDR / GP buy-in, so not sure if this one really counts...) * **Kinder Morgan + El Paso Pipelines ($70bn)** * Royal Dutch Shell + BG Group ($82.0bn) * Saudi Aramco + SABIC ($69.1bn) * **Occidental Petroleum (plus a little help from WB) + Anadarko ($57.0bn)** * Energy Transfer + SemGroup ($54.3bn) * Enbridge + Spectra ($28.0bn) * Marathon Petroleum Corp + Andeavor ($35.6bn) * MPLX + MarkWest Energy ($5.1bn) * Energy Transfer + Sunoco ($20.bn) * ConocoPhillips + Concho ($13.3bn) * EQT + Rice Energy ($10.2bn) And, finally, in the 2020s you had * Exxon + Pioneer ($59.5bn) * Chevron + Hess ($53.0bn) * ONEOK + Magellan ($18.8bn) * Occidental + Crownrock ($12.0bn) * Chevron + PDC Energy ($7.8bn) * Chevron + Noble Energy ($13.7bn) This is just a very long-winded way of saying that capital intensive industries, like oil and gas, have immediate accretive benefits to shareholders by increasing scale inorganically via M&A......and this fact is not lost on the federal government Source: spent a lot of time in the energy industry, initially as a B4 auditor and then as an energy industry coverage investment banker specializing in M&A
$ARR $MPLX $PAYUF $MO YAY REITS, PIPELINES, N SMOKES ​ Better idea use the $ to make a deal with local Wendy's franchisers to put 2-3 dumpsters behind each location and find some forum members looking for their next lottery ticket moneys to do the "hard work" and you can do "management"
MPC earnings Third-quarter net income attributable to MPC of $3.3 billion, or $8.28 per diluted share; adjusted net income of $3.2 billion, or $8.14 per adjusted diluted share Adjusted EBITDA of $5.7 billion; net cash provided by operating activities of $5.0 billion, reflecting continued strong cash generation MPLX increases distribution 10%; MPC expects to receive an incremental $200 million, for a total of $2.2 billion annually Returned $3.1 billion of capital through $2.8 billion of share repurchases and $297 million of dividends Announced quarterly dividend increase of approximately 10% to $0.825 per share and additional $5 billion share repurchase authorization
Check out dividendinvestor.com to screen stocks for dividend rates & history. Here’s a few stocks to get you started - MPLX, APX, C. Have fun!
I like ET. They are a midstream player in primarily natural gas, which should keep them less volatile than those heavier into crude. I've split my money between ET, MPLX, and EPD, which all have high dividends. I figure midstream players are safer than upstream and downstream players. The only knock on ET is their debt. They are carrying a lot of debt. EPD is a more solid company and has a better balance sheet.
ABR, EFC, O, MPLX Basically what I did in 2020, and the resultant divs are enough for me to work one less day a week.
I like MLP's. There were a lot of them brought into the market in after 2010. Most of these MLP's dropped in value at least 50%. I bought Phillips 66 $PSXP and Shell pipelines $SHLX in 2021. Both were bought out by their parent companies last year. I got a half share of Phillips 66 stock for every 1 share of $PSXP and cash for $SHLX being bought out by Shell. I moved the cash from Shell MLP pipeline sale and bought Kinder Morgan instead of another MLP. $MPLX dividend yield is higher, but $KMI is a stock and not a MLP. I think $MPLX would be a good purchase. You have the high dividend yield and there is a decent chance these oil giants continue to buy these pipeline assets with their revenue gains.
What do we think of MPLX? Div yield is kinda crazy.
Depends how you feel about each ticker's current acreage position and near term capex plans [Devon](https://imgur.com/a/rF0FHNt) - 100% L48 onshore, concentrated in the Permian [Oxy](https://imgur.com/a/WaT9eS5) - Active across L48, both onshore and in the GoM + their International Ops + their midstream assets + OxyChem + their CCUS / DAC business [Marathon](https://imgur.com/a/BgpqeLa) - Asset footprint seems very similar to Devon. Would have had a more Oxy-ish, diversified energy business had MPLX and / or MPC not been spun off as separate public entities, although I'm pretty sure MRO still holds a controlling % of MPLX units
A floor trader dropped 134k on 10,500+ 0dte 34 strike MPLX Puts just before 1pm EST. So I picked dropped $500 to pick up 100 lots 30 minutes later. It's up .40 and I'm down 54.63% My hypothesis is they know something. We'll see how regarded I truly am at close
CCJ or URNM are easiest plays in Uranium. XOM is easiest for Oil, but there's probably better options amongst the Canadian producers (MEG?). CHRD, PDCE, CIVI are all riskier short-term shale plays that are printing cash still. ET or MPLX for midstream players.
MPLX, MMP, EPD, BTI, ENB, MO, PBA, etc. Want more?
List a few for me I’m bullish oil but underweighted producers. My portfolio is yield based oil/gas pipeline stocks and USO when I want to add risk and upside. I own: MMP. 7.93% OKE. 5.28% PAA. 8.91% EPD. 7.64% MPLX. 9.09%
It’s MPC. They spun of MPLX and sold speedway so they’re virtually only a midstream refinery play
Just about flat. I partially lucked out in MPLX (midstream energy...didn't see the boost from russia/ukraine coming) but my plan was/is to hold oil awaiting the green energy mania to wane and return some value. In light of coming interest rate hikes, I sold 50% of and rebalanced the REITs I held after a great deal of research. Still have about 30% to re-deploy if/when these tank. After listening to the opinions i respect, and tossing chicken bones, I decided this would be a mild "crash" and began DCA'ing in the above slowly (once a month) as of September. Rationale being, if I am wrong, I'm still going to capture most of the slide going down this way.
Vanguard is tellling me that if I buy this stock ($MPLX) into my Roth it may lead to "adverse consequences due to unrelated business taxable income? It pays a healthy dividend but I thought that didn't matter in a Roth? Is this just a future me problem?
If stocks didn't have intrinsic value, Warren Buffett could not have done, and do, what he does. Valuing the company they are issued from is quite literally, the million dollar question. But it does have an answer. The manifestation of the answer is skewed by millions of investors with varying understandings of valuation. ​ If you're just mad about dividends, buy MPLX or ABR.
I went big (for me) on energy when the sector was widely hated in 2020, continued DCA'ing until end of 2021. Yes, very lucky contrarian timing hooray for me. To date, CVX +113%; MPLX +15%; EPD+39%;XOM+167%, ET+61%. Average dividend for these is 6.2%, even at these very high prices. Energy has been by far the best investment decision I've ever made. In my view, energy prices have to crash very hard for a very long time before this even begins to look like a market average total return. The question is, how do I repeat this? Probably chips during next summer's lows.
>level 1AliveNot · 36 min. agoNothing, besides shorting. Diversification has not worked in 2022, besides oil1Rep MLPs (IEP, USAC, MPLX, etc) and Pharma (LLY, MRK) stocks have been beating YTD as well as oil
I personally like dividend stocks, as long as they aren't one of those 20% for 3 months then they cut. Just solid investments, that have a cash flow. You can also invest in some partnerships like IEP or MPLX. These are special stocks (that are bad in retirement accounts) that basically pass along something like 80% of profits to shareholders.
There are MLPs which I think many would consider LPs. Obviously a semantic difference but it’s relevant to OP’s question. There are some that trade actually like EPD, MPLX, etc Essentially energy LPs and I used to own a nitrogen fertilizer LP that paid an amazing dividend.
There is absolutely no problem owning tech/growth stocks. If your young, sure you can be extremely overweight and play the high risk gamble and about every 10 years, the high risk / high growth gets kicked in the balls, and in a few years you all will be back up... And sure, I have MSFT, APPL, AMZN, and also JPM in my portfolio... ... IMO, not matter your age, you should always, ALWAYS have defensive stocks MPLX +5.85% YTD USAC +1.60% YTD IEP +6.09% YTD LLY +19.97% YTD MRK +20.28% YTD WMT -9.86% YTD KO -7.15% YTD
I think IEP is the "safest" investment for a high yield... everyone one says don't chase the yields.. companies with high yields are in poor financial shape... and they are right except in regards to MLPs. Most don't even have a basic understanding of how MLPs operate and exactly why they pay 6,9, 11, or 15% yields... MPLX is another one that as long as Marathon Oil is producing they are going to be chugging out great distributions because MPLX is the pipelines, logistics, storage, and production for Marathon... every drop of oil through them is like a car going through a toll bridge.. $ $ $ $ USAC is a compression company providing the horsepower needed for drilling and fracking.. The impressive thing is all 3 are in the green YTD... last 6mo IEP is only down 1.46%, MPLX down 7.56% and USAC is down 5.89% ... i will take that all day every day. Considering my holdings in MSFT YTD is -32.27% and 20.17% for 6 mo with a yield of 1.16%
Ahh ok, I haven’t read any news this weekend and didn’t see this. I’ve been averaging into MPLX calls, earnings NOV 1st, exdiv. November 17th (I think). They’re about to report massive numbers again and the calls are currently way too cheap. MPLX generally follows crude prices so this will only help if they cut production, monday may very well be the last day to get in at a decent price
MPLX or ETF AMLP better investment option now ?
O, one of the best of not the best REIT GOOG, yeah it has some Ad pressure but it’s still a borderline monopoly. I hope it gets broken up as the parts will be collectively worth more than the whole. The beast also just prints money. WM, everyone needs the trash taken out. ET, MPLX, same energy dividend play. CMPS, REUN - psycadelics are the future on treatment for so many afflictions. XPO, strong logistics game. I’m scaling back in after selling last year.
Msft, appl, amzn - for growth Ko, wmt, mrk, xom, lng - defensive jpm, lly, AB, IEP, MPLX, usac - div yield...
I was talking about in your 401k. You should you’re 70% aggressive model. Just curious what that is? MPLX is that an MLP? Do you get a K1 for tax reporting? Is that a headache?
MPLX is .45% JEPI is .35 % IEP is 0% as its considered a return of capital
I suppose my issue is the yield trap with funds. Wouldn't I want to invest in higher yield funds for future return versus the lower yield growth funds? That's why I'm currently starting this portfolio with high yield: IEP, JEPI, MPLX and QYLD. I will add SCHD in my next contribution.
Large Value plays with a Dividend may see some rotation out of Tech... or Park it in a Nat Gas like MPLX, seems like the /NG doesn't seem to be going anywhere but up... Big Dividends.
200k is a'lot of money but not really. Right now next 2 or 3 years I would think nothing of throwing all in ET or MPLX and collect my dividends I belive 7.8 and 8.3 percent respectively or close to it.
OP situation is exactly why the market will continue going up! 3% yield? Even if inflation drops to 6%, he is losing money. When rates are this low, the market is still the best option. I would put the extra cash into MPLX, big dividend on a safe and solid energy play.
I looked at VTNR after you mentioned it in July I believed it was a good addition to my Energy portfolio I have a 16k unit position in ET and 5k unit position in MPLX also with low cost basis on both just sitting back collecting the distributions. I was holding a CSP 10 contracts 15 dollar strike 8/19 VTNR as well as 1000 shares. I should of never held through earnings but every Energy earnings this quarter were outstanding I was shocked when VTNR reported. I just rolled it out to 01/23. I've been bullish on oil for the past 2 years and still am I'm not worried about it. I appreciate the time and effort you and the others put into WSB. Thank you
Great thanks for this. I'be also been holding MPLX, ET (both energy) and UHT (healthcare REIT)
In the notes of their 10-K (or 10-Q, if they engaged in a lot of M&A or have a big enough balance in their Investments in Unconsolidated Subsdiaries on their balance sheet) [Example for $MPLX here](https://www.bamsec.com/filing/155200022000007/1?cik=1552000&hl=402476:402519&hl_id=4kuijb-i3)
ET, EPD, MPLX, ENB are a few.
MPLX is a inflation beater its been good to me triple in price plus the divs
MPC and MPLX are basically the same company.
What makes this better than MPLX?
$MO 100 shares 51.68 cost average $ET 173 shares 9.87 cost average $MPLX 220 shares cost average 31.89 I over exaggerated a little bit but I’m not making any money from my safe stocks
I expected the drop. But not a 7% shed in one day. I’m bag 💼 holding. My other companies I’m bag holding: $MO $ET $MPLX