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MPLX LP (MPLX)
:MPLX
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.07Last Year’s EPS
0.98Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: 4.73%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call had a positive tone, highlighting strong financial performance, robust growth in natural gas and NGL services, strategic partnerships, and significant capital returns to unit holders. While there were increased maintenance costs and some uncertainties around M&A and asset drops, the positive aspects significantly outweighed the lowlights.Company Guidance
During the MPLX Fourth Quarter 2024 Earnings Call, the company reported a robust financial year with an adjusted EBITDA of $6.8 billion, marking an 8% year-over-year increase. MPLX highlighted its investment efforts, totaling $1.7 billion in organic growth projects and strategic acquisitions, which are expected to yield mid-teens returns. The company achieved a significant milestone by handling over 10% of U.S. natural gas production and increased its quarterly distribution by 12.5%. Looking ahead, MPLX outlined a capital expenditure outlook of $2 billion for 2025, with 85% earmarked for Natural Gas and NGL Services projects, including a new Gulf Coast Fractionation Complex. The firm anticipates maintaining its mid-single-digit EBITDA growth, supported by strategic partnerships and expansion projects, while continuing to return substantial capital to unitholders.Record Adjusted EBITDA Growth
Full year adjusted EBITDA was $6.8 billion, an 8% increase year-over-year, marking the fourth consecutive year of mid-single digit adjusted EBITDA growth.
Expansion in Natural Gas and NGL Services
Two processing plants were placed into service, achieving record throughput. MPLX now handles over 10% of all natural gas produced in the U.S. Significant investments are planned in this segment.
Significant Capital Returns and Distribution Increase
Increased quarterly distribution by 12.5%, marking the third consecutive year of a 10% or more increase. Nearly $4 billion was returned to unit holders in 2024.
Strategic Partnership and New Project Announcement
Announced the construction of a Gulf Coast Fractionation Complex and export terminal in partnership with ONEOK to enhance the NGL value chain, with a $2.5 billion investment.
Strong Financial Performance
Fourth quarter adjusted EBITDA was $1.8 billion, a 9% increase from the prior year. Ended the quarter with $1.5 billion in cash and maintained strong financial flexibility.
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MPLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MPLX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $51.41 | $52.63 | +2.37% |
| Nov 05, 2024 | $42.62 | $43.64 | +2.39% |
| Aug 06, 2024 | $38.75 | $39.22 | +1.21% |
| Apr 30, 2024 | $38.73 | $38.58 | -0.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does MPLX LP (MPLX) report earnings?
MPLX LP (MPLX) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is MPLX LP (MPLX) earnings time?
MPLX LP (MPLX) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MPLX EPS forecast?
MPLX EPS forecast for the fiscal quarter 2025 (Q1) is 1.07.
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