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MPLX LP (MPLX)
NYSE:MPLX
Holding MPLX?
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MPLX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$36.76 - $51.94
Previous CloseN/A
Volume391.36K
Average Volume (3M)1.78M
Market Cap
$50.70B
Enterprise Value$65.94B
Total Cash (Recent Filing)$234.00M
Total Debt (Recent Filing)$4.42B
Price to Earnings (P/E)11.8
Beta0.30
Next Earnings
Feb 04, 2025EPS Estimate
1.03Last Dividend Ex-Date
Nov 08, 2024Dividend Yield7.05%
Share Statistics
EPS (TTM)4.25
Shares Outstanding1,018,812,100
10 Day Avg. Volume1,557,612
30 Day Avg. Volume1,776,261
Standard Deviation0.11
R-Squared0.45
Alpha0.00932
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.68
Price to Cash Flow (P/CF)9.00
P/FCF Ratio7.60
Enterprise Value/Market Cap1.30
Enterprise Value/Revenue5.71
Enterprise Value/Gross Profit14.45
Enterprise Value/Ebitda25.82
Forecast
1Y Price Target
$52.50Price Target Upside3.33% 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.
Expansion PlansNew Marcellus processing and frac plants have been announced, indicating expansion plans.
Financial PerformanceAdjusted EBITDA exceeded consensus expectations by 3%.
Bears Say
Cash FlowFree Cash Flow before dividend was significantly lower than expected.
Cash Flow PerformanceFree cash flow per unit was down approximately 2% year-over-year.
Financial LeverageNet Debt to EBITDA ratio was higher than what was anticipated.
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Ownership Overview
0.15% Insiders
4.93% Mutual Funds
0.61% Other Institutional Investors
90.24% 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 $36.76 and its highest was $51.94 in the past 12 months.
What is MPLX LP’s market cap?
MPLX LP’s market cap is $50.70B.
When is MPLX LP’s upcoming earnings report date?
MPLX LP’s upcoming earnings report date is Feb 04, 2025 which is in 17 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 $3.506 which represents an annual dividend yield of 7.05%. 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:
$52.50 (3.33% Upside)
$52.50 (3.33% Upside)
Blogger Sentiment
Bullish
MPLX Sentiment 95%
Sector Average 72%
Sector Average 72%
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
Neutral
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.71%
12-Months-Change
Fundamentals
Return on Equity
31.58%
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
$52.50
▲(3.33% Upside)
Technical Analysis
Enterprise Products Partners
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Enbridge
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Plains All American
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Western Midstream Partners
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Energy Transfer
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Best Analysts Covering MPLX
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+27.43%
assigned a buy rating last month
Copying Michael Blum's trades and holding each position for 1 Year would result in 94.12% of your transactions generating a profit, with an average return of +27.43% per trade.
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