MPLX LP (MPLX)
| Market Cap | 54.56B |
| Revenue (ttm) | 11.13B |
| Net Income (ttm) | 4.28B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.21 |
| PE Ratio | 12.67 |
| Forward PE | 11.70 |
| Dividend | $3.83 (7.17%) |
| Ex-Dividend Date | Feb 3, 2025 |
| Volume | 1,055,492 |
| Open | 53.93 |
| Previous Close | 53.89 |
| Day's Range | 53.31 - 54.04 |
| 52-Week Range | 39.56 - 54.87 |
| Beta | 1.36 |
| Analysts | Buy |
| Price Target | 53.18 (-0.33%) |
| Earnings Date | May 6, 2025 |
About MPLX
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments: Crude Oil and Products Logistics segment and Natural Gas and NGL Services segment. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; a... [Read more]
Financial Performance
In 2024, MPLX LP's revenue was $11.13 billion, an increase of 4.21% compared to the previous year's $10.68 billion. Earnings were $4.28 billion, an increase of 12.42%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price forecast is $53.18, which is a decrease of -0.33% from the latest price.
News
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MPLX LP 2024 K-1 tax packages now available on company website
FINDLAY, Ohio , March 17, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2024 investor tax packages are now available on its website, www.mplx.com. Investors may select t...
MPLX Might Become The Best Compounder Among MLPs
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MPLX LP to Report First-Quarter Results on May 6, 2025
FINDLAY, Ohio , March 10, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, May 6, 2025, at 9:30 a.m. EDT to discuss 2025 first-quarter financial results.
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MPLX LP prices $2.0 billion senior notes offering
FINDLAY, Ohio , March 3, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $2.0 billion in aggregate principal amount of unsecured senior notes in an underwritten public off...
AMLP: Investors Can Feast On The Energy Revolution With A Dividend Exceeding 7%
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MPLX to buy remaining interest in BANGL natural gas pipeline for $715 million
Midstream company MPLX said on Friday it would buy the remaining 55% interest in the BANGL natural gas pipeline from affiliates of WhiteWater and Diamondback Energy for $715 million.
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MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy
FINDLAY, Ohio , Feb. 28, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55...
MPLX LP files 2024 Form 10-K
FINDLAY, Ohio , Feb. 27, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended Dec. 31, 2024. The fil...
MPLX: Attractive 7%+ Yield And Compelling Growth Prospects
The company recently delivered another stellar quarter, with the adjusted EBITDA and distributable cash flow demonstrating robust growth. From the broader perspective, MPLX is a well-rounded business ...
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MPLX's Returns: Grow And Grow And Grow
MPLX reported stellar growth in 2024, with EBITDA increasing by 8% year-over-year and a 12.5% distribution increase, signaling strong future cash flows. Management commits to mid-single-digit EBITDA g...
ONEOK and MPLX Add NGL Export Capacity With Joint Venture, Pipeline
Midstream companies are focused on natural gas liquid (NGL) growth opportunities. ONEOK (OKE) and MPLX LP (MPLX) are the latest names to tap growth opportunities around NGLs.
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MPLX LP Common Units (MPLX) Q4 2024 Earnings Call Transcript
MPLX LP Common Units (NYSE:MPLX) Q4 2024 Earnings Call Transcript February 4, 2025 9:30 AM ET Company Participants Kristina Kazarian - Vice President Finance and Investor Relations Maryann Mannen - P...