MPLX LP (MPLX)
| Market Cap | 48.56B |
| Revenue (ttm) | 11.04B |
| Net Income (ttm) | 4.29B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.24 |
| PE Ratio | 11.22 |
| Forward PE | 11.05 |
| Dividend | $3.83 (8.05%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 1,327,118 |
| Open | 47.79 |
| Previous Close | 47.67 |
| Day's Range | 47.29 - 47.79 |
| 52-Week Range | 35.51 - 47.79 |
| Beta | 1.34 |
| Analysts | Buy |
| Price Target | 48.73 (+2.42%) |
| Earnings Date | Nov 5, 2024 |
About MPLX
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. 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; and sale of residue gas and con... [Read more]
Financial Performance
In 2023, MPLX LP's revenue was $10.68 billion, a decrease of -4.09% compared to the previous year's $11.14 billion. Earnings were $3.81 billion, an increase of 0.45%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price forecast is $48.73, which is an increase of 2.42% from the latest price.
News
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MPLX LP Common Units (MPLX) Q3 2024 Earnings Call Transcript
MPLX LP Common Units (NYSE:MPLX) Q3 2024 Earnings Conference Call November 5, 2024 9:30 AM ET Company Participants Kristina Kazarian - Vice President Finance and Investor Relations Maryann T. Mannen ...
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MPLX LP Reports Third-Quarter 2024 Financial Results
FINDLAY, Ohio , Nov. 5, 2024 /PRNewswire/ -- Third -quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.4 billion $1.7 billion of adjusted EBITD...
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MPLX LP Increases Quarterly Distribution
FINDLAY, Ohio , Oct. 29, 2024 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the third ...
MPLX: I Am Bullish Heading Into Earnings And The Next Distribution Increase
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