Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>MPLX reported first quarter 2026 adjusted EBITDA exceeding $1.7 billion, enabling returns of over $1.1 billion to unitholders.</li><li>The company emphasized that 2026 is focused on executing multiple investments transitioning from construction to operational phases, with several large projects coming online this year.</li><li>These include the Secretariat I gas processing plant (now operational), the Harmon Creek III facility expected in the third quarter, and the expansion of the Titan gas treating complex aiming to reach over 400 million cubic feet per day of capacity by the fourth quarter.</li></ul>

MPLX reported first quarter 2026 adjusted EBITDA exceeding $1.7 billion, enabling returns of over $1.1 billion to unitholders.The company emphasized that 2026 is focused on executing multiple investments transitioning from construction to operational phases, with several large projects coming online this year.These include the Secretariat I gas processing plant (now operational), the Harmon Creek III facility expected in the third quarter, and the expansion of the Titan gas treating complex aiming to reach over 400 million cubic feet per day of capacity by the fourth quarter.

MPLX 프로젝트 시기가 1분기 실적 변동보다 더 중요한 이유!

MPLX LP

MPLX 프로젝트 시기가 1분기 실적 변동보다 더 중요한 이유!