Bullish Case: MPLX's recent stability and growth strategy, along with implied volatility skew towards short-term upside, sets stage for steady price appreciation especially with strategic capital investments and possible positive project outcomes.


Bearish Case: Limited trading volume, flat term structure, and prevailing market uncertainties could lead to range-bound price movement with strategic limitations potentially capping near-term growth.


Potential Outcomes:

1. Successful strategic projects leading to cash flow increase (60%).

2. Market uncertainty leading to short-term volatility (25%).

3. Underperformance due to strategic limitations (15%).


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March 29, 2024


MPLX Forecast

MPLX        MPLX
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with MPLX



WSM Forecast + Options Trading Strategies   [WSM]  Williams-Sonoma (0.95)


CRBG Forecast + Options Trading Strategies   [CRBG]  SAFG Retirement Services (0.95)


SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (0.95)


AEO Forecast + Options Trading Strategies   [AEO]  American Eagle Outfitters (0.95)


CB Forecast + Options Trading Strategies   [CB]  Chubb (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to MPLX



ATAI Forecast + Options Trading Strategies   [ATAI]  ATAI Life Sciences (0.0)


KNX Forecast + Options Trading Strategies   [KNX]  Knight-Swift Transportation (-0.0)


BXMT Forecast + Options Trading Strategies   [BXMT]  Blackstone Mortgage (0.01)


MT Forecast + Options Trading Strategies   [MT]  New York Shares (0.01)


DOCN Forecast + Options Trading Strategies   [DOCN]  DigitalOcean (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MPLX



GOGO Forecast + Options Trading Strategies   [GOGO]  Gogo (-0.91)


SPWR Forecast + Options Trading Strategies   [SPWR]  Sunpower (-0.91)


MAXN Forecast + Options Trading Strategies   [MAXN]  Maxeon Solar (-0.92)


CHPT Forecast + Options Trading Strategies   [CHPT]  ChargePoint (-0.92)


PRTA Forecast + Options Trading Strategies   [PRTA]  Prothena (-0.93)





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