Energy
MPLX - MPLX LP
Oil & Gas MidstreamMPLX LP is a diversified, large-cap master limited partnership formed by Marathon Petroleum Corporation. It owns and operates midstream energy infrastructure and logistics assets, as well as fuels distribution services. The company's assets include a network of crude oil and refined product pipelines, an inland marine business, light-product terminals, and storage caverns. It also boasts natural gas gathering and processing facilities, along with fractionation infrastructure. MPLX generates stable cash flows supported by fee-based contracts, providing a reliable foundation for its attractive distribution yield to unit holders.
XOM - Exxon Mobil Corporation
Oil & Gas IntegratedExxon Mobil Corporation is one of the world's largest publicly traded international oil and gas companies. It engages in the exploration, production, transportation, and sale of crude oil, natural gas, and petroleum products. The company operates major upstream projects globally, including highly profitable assets in Guyana and the Permian Basin. Furthermore, Exxon manages a massive downstream footprint with refineries and chemical plants that produce a wide array of petrochemicals. Despite the global energy transition, Exxon leverages its immense scale, strict capital discipline, and robust cash generation to reward shareholders through dividends and buybacks.
Information Technology
MU - Micron Technology, Inc.
SemiconductorsMicron Technology is a global leader in innovative memory and storage solutions. The company's core product portfolio includes dynamic random-access memory (DRAM), NAND flash, and NOR flash memory products. These critical components are foundational to advancements in data centers, smartphones, personal computers, and automotive electronics. Micron's market position has strengthened significantly due to the soaring demand for AI infrastructure, which requires high-bandwidth memory (HBM) for enhanced computing performance. The company remains highly cyclical but benefits from a strong secular tailwind in AI and cloud computing investments.
Utilities
DUK - Duke Energy Corporation
Utilities - Regulated ElectricDuke Energy Corporation is one of the largest electric power holding companies in the United States. It operates through Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables segments. The company generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest. It serves approximately 8.2 million customers and has a diverse energy mix including coal, nuclear, natural gas, and renewables. Duke Energy continues to invest heavily in modernizing its grid and expanding its clean energy footprint, aiming for net-zero carbon emissions by 2050.
