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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$35.06 - $45.24
Previous Close$44.34
Volume1.08M
Average Volume (3M)1.46M
Market Cap
$45.25B
Enterprise Value$65.33B
Total Cash (Recent Filing)$2.50B
Total Debt (Recent Filing)$22.35B
Price to Earnings (P/E)10.7
Beta0.30
Next Earnings
Nov 05, 2024EPS Estimate
$1.05Last Dividend Ex-Date
Aug 09, 2024Dividend Yield7.67%
Share Statistics
EPS (TTM)4.13
Shares Outstanding1,020,584,538
10 Day Avg. Volume1,232,072
30 Day Avg. Volume1,457,124
Standard Deviation0.11
R-Squared0.41
Alpha0.00569
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)4.24
Price to Cash Flow (P/CF)7.20
P/FCF Ratio7.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.69
Enterprise Value/Gross Profit14.32
Enterprise Value/Ebitda31.39
Forecast
1Y Price Target
$48.13Price Target Upside8.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
MPLX News
Bulls Say, Bears Say
Bulls Say
Capital ReturnsMPLX is expected to announce its annual distribution increase, highlighting its focus on capital returns and maintaining a peer-leading profile.
Financial Performance3Q EBITDA is expected to increase with positive factors such as new processing capacity and contributions from additional interests and pipeline volume ramps.
Growth StrategyThe management's commitment to mid-single-digit annual EBITDA growth and strategic reinvestment opportunities contributes to a robust growth outlook.
Bears Say
Asset ManagementA reduced Whistler stake could partially offset potential gains.
Market ExpectationsForward consensus estimates have been consistently more conservative, showing limited growth expectations.
Operational PerformanceLower guided MPC utilization could partially offset potential gains.
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Ownership Overview
0.16% Insiders
4.67% Mutual Funds
0.76% Other Institutional Investors
90.45% 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 $35.06 and its highest was $45.24 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 Nov 05, 2024 which is in 14 days.
How were MPLX LP’s earnings last quarter?
MPLX LP released its earnings results on Aug 06, 2024. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.979 by $0.171.
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 $0.85 which represents an annual dividend yield of 7.67%. See more information on MPLX LP dividends here
What is MPLX LP’s EPS estimate?
MPLX LP’s EPS estimate is $1.05.
How many shares outstanding does MPLX LP have?
MPLX LP has 1,020,584,530 shares outstanding.
What happened to MPLX LP’s price movement after its last earnings report?
MPLX LP reported an EPS of $1.15 in its last earnings report, beating expectations of $0.979. Following the earnings report the stock price went up 1.191%.
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 986M.
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MPLX Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$48.13 (8.55% Upside)
$48.13 (8.55% Upside)
Blogger Sentiment
Bullish
MPLX Sentiment 95%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.63%
12-Months-Change
Fundamentals
Return on Equity
31.77%
Trailing 12-Months
Asset Growth
7.05%
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
Q2 2024
0:00 / 0:00
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MPLX Stock 12 Month Forecast
Average Price Target
$48.13
▲(8.55% Upside)
Technical Analysis
Enterprise Products Partners
―
Enbridge
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Plains All American
―
Western Midstream Partners
―
Best Analysts Covering MPLX
1 Year
1 Year Success Rate
14/15 ratings generated profit
1 Year Average Return
+25.77%
assigned a buy rating 3 months ago
Copying Michael Blum's trades and holding each position for 1 Year would result in 93.33% of your transactions generating a profit, with an average return of +25.77% per trade.
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