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MPLX LP (MPLX)
NYSE:MPLX
Holding MPLX?
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MPLX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$36.27 - $51.94
Previous Close$46.14
Volume3.29M
Average Volume (3M)1.75M
Market Cap
$47.01B
Enterprise Value$67.17B
Total Cash (Recent Filing)$2.43B
Total Debt (Recent Filing)$22.35B
Price to Earnings (P/E)10.9
Beta0.28
Next Earnings
Feb 04, 2025EPS Estimate
$1.03Last Dividend Ex-Date
Nov 08, 2024Dividend Yield7.55%
Share Statistics
EPS (TTM)4.25
Shares Outstanding1,018,812,097
10 Day Avg. Volume2,504,962
30 Day Avg. Volume1,747,805
Standard Deviation0.11
R-Squared0.44
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)3.56
Price to Sales (P/S)4.30
Price to Cash Flow (P/CF)8.30
P/FCF Ratio7.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.82
Enterprise Value/Gross Profit14.72
Enterprise Value/Ebitda26.30
Forecast
1Y Price Target
$51.33Price Target Upside8.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
MPLX News
PremiumCompany Announcements
MPLX LP’s Robust Q3 2024 Financial Performance
Bulls Say, Bears Say
Bulls Say
Distribution GrowthMPLX expects to sustain approximately 12.5% annual distribution growth in future years, indicating a strong commitment to rewarding investors.
Expansion PlansNew Marcellus processing and frac plants have been announced, showcasing MPLX's strategic expansion plans in key operational areas.
Financial PerformanceAdjusted EBITDA exceeded consensus expectations by 3%, reflecting MPLX's strong operational performance and financial health.
Bears Say
Debt ManagementNet Debt to EBITDA ratio was higher than what was anticipated.
Financial PerformanceFree Cash Flow before dividend was significantly lower than expected.
Operational ChallengesLower guided MPC utilization, commodity headwinds, and a reduced Whistler stake could all partially offset.
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Ownership Overview
0.15% Insiders
4.78% Mutual Funds
12.81% Other Institutional Investors
78.13% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MPLX FAQ
What was MPLX LP’s price range in the past 12 months?
MPLX LP lowest stock price was $36.27 and its highest was $51.94 in the past 12 months.
What is MPLX LP’s market cap?
Currently, no data Available
When is MPLX LP’s upcoming earnings report date?
MPLX LP’s upcoming earnings report date is Feb 04, 2025 which is in 45 days.
How were MPLX LP’s earnings last quarter?
MPLX LP released its earnings results on Nov 05, 2024. The company reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.045 by -$0.035.
Is MPLX LP overvalued?
According to Wall Street analysts MPLX LP’s price is currently Undervalued.
Does MPLX LP pay dividends?
MPLX LP pays a Quarterly dividend of $0.956 which represents an annual dividend yield of 7.55%. See more information on MPLX LP dividends here
What is MPLX LP’s EPS estimate?
MPLX LP’s EPS estimate is $1.03.
How many shares outstanding does MPLX LP have?
MPLX LP has 1,018,812,100 shares outstanding.
What happened to MPLX LP’s price movement after its last earnings report?
MPLX LP reported an EPS of $1.01 in its last earnings report, missing expectations of $1.045. Following the earnings report the stock price went up 2.395%.
Which hedge fund is a major shareholder of MPLX LP?
Among the largest hedge funds holding MPLX LP’s share is Blackstone Inc.. It holds MPLX LP’s shares valued at 970M.
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MPLX Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$51.33 (8.57% Upside)
$51.33 (8.57% Upside)
Blogger Sentiment
Bullish
MPLX Sentiment 95%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $189.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 7.1%
Last 30 Days ▼ 7.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.67%
12-Months-Change
Fundamentals
Return on Equity
32.39%
Trailing 12-Months
Asset Growth
6.63%
Trailing 12-Months
Company Description
MPLX LP
MPLX LP is a diversified, large-cap master limited partnership which owns and operates midstream energy infrastructure and logistics assets in the United States. The company provides a wide range of midstream energy services, including the storage, processing, and transportation of crude oil, refined petroleum products, natural gas, and other hydrocarbon-based products.
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MPLX Company Deck
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MPLX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in EBITDA, distribution increases, and strategic expansion projects. Despite some regulatory challenges and higher operating expenses, the company's strong financial position and operational achievements contribute to an overall positive outlook.Read More>---
MPLX Stock 12 Month Forecast
Average Price Target
$51.33
▲(8.57% Upside)
Technical Analysis
Enterprise Products Partners
―
Enbridge
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Plains All American
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Western Midstream Partners
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Best Analysts Covering MPLX
1 Year
1 Year Success Rate
21/23 ratings generated profit
1 Year Average Return
+21.84%
reiterated a buy rating last month
Copying Theresa Chen's trades and holding each position for 1 Year would result in 91.30% of your transactions generating a profit, with an average return of +21.84% per trade.
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