Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
A drop in production is likely to have impacted the first-quarter earnings of Marathon Oil (MRO).
Considering the recent surge in oil prices, Diamondback Energy (FANG) is expecting improvement on its Q1 top and bottom lines compared to the year-ago period.
In the closing of the recent trading day, MPLX LP (MPLX) stood at $41.48, denoting a +0.7% change from the preceding trading day.
The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.85 per common unit for the first quarter of 2024, or $3.40 on an annualized basis. The distribution will be paid on May 13, 2024, to common unitholders of record as of May 3, 2024.
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Eni (E) maintains a consistent focus on high-impact exploration activities for 15 consecutive years, leading to significant discoveries in diverse geographic locations.
The Zacks Rank offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
MPLX LP (MPLX) reachead $40.21 at the closing of the latest trading day, reflecting a +0.55% change compared to its last close.
Since midstream operations have lower exposure to volatility in commodity prices, the outlook for the Zacks Oil and Gas - Production & Pipelines industry is bullish. Kinder Morgan (KMI), Williams Companies (WMB), MPLX and Ultrapar (UGP) are the frontrunners in the industry.
According to the average brokerage recommendation (ABR), one should invest in MPLX LP (MPLX). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?