10% Yield, Analyst Upgrades

With the Energy sector up over 29% in the 1st quarter of 2021, and leading all other sectors by a wide margin, energy-related high dividend stocks are finally getting some love from Mr. Market. This stock yields 10.7% with 1.46X distribution coverage in 2020. It received 2 analyst upgrades to Buy/Outperform. There are also 2 high yield options trades at the end of this article. Earnings, analysts' price targets and upgrades, valuations, and debt leverage are also detailed in this article.

MPLX LP (MPLX) is a diversified, growth-oriented master limited partnership formed in 2012 by MPC to own, operate, develop and acquire midstream energy infrastructure assets. It's engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; the transportation, storage and distribution of crude oil and refined petroleum products; as well as refining logistics and fuels distribution services. MPLX provides services in the midstream sector across the hydrocarbon value chain through our Logistics and Storage and Gathering and Processing segments.

Source: Seeking Alpha

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