MPLX LP (MPLX)
| Market Cap | 54.76B |
| Revenue (ttm) | 11.13B |
| Net Income (ttm) | 4.29B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.21 |
| PE Ratio | 12.79 |
| Forward PE | 11.81 |
| Dividend | $3.83 (7.11%) |
| Ex-Dividend Date | Feb 3, 2025 |
| Volume | 2,841 |
| Open | 53.84 |
| Previous Close | 53.84 |
| Day's Range | 53.75 - 53.84 |
| 52-Week Range | 38.44 - 54.74 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 50.91 (-5.44%) |
| Earnings Date | Feb 4, 2025 |
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 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 $4.29 billion, an increase of 12.66%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price forecast is $50.91, which is a decrease of -5.44% from the latest price.
News
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.
6-12% Blue-Chip Yields: The Simple Path To Retiring With Dividends
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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...
ONEOK and MPLX to build LPG export terminal, pipeline in Texas
Pipeline operator ONEOK and midstream company MPLX LP entered into a joint venture on Tuesday to construct a 400,000-barrel per day (bpd) liquefied petroleum gas (LPG) export terminal in Texas at a to...
ONEOK Announces Joint Ventures with MPLX to Build LPG Export Terminal at Premier Location on U.S. Gulf Coast
Expands and Extends Integrated NGL Value Chain TULSA, Okla. , Feb. 4, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) and MPLX LP (NYSE: MPLX) have entered into definitive agreements to form joint ventur...
Passive Income For Life: 3 Dividend Stocks To Retire On Forever
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Forget The Fed: A 3-Fund Portfolio That Likely Wins No Matter What
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MPLX Has An In-Basin AI Opportunity For Gas Supply
MPLX is well-positioned for growth as natural gas demand improves with new capacity needs driven by AI data centers. MPLX is investing $1b annually in growth capital to support mid-single-digit adjust...
My Near-Perfect Retirement Dividend Portfolio
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MPLX LP Announces Quarterly Distribution
FINDLAY, Ohio , Jan. 22, 2025 /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 fourth...
MPLX Should Benefit From Deregulation And Increased Drilling, Yielding Over 7%
MPLX LP is poised to benefit from increased drilling and deregulation under Former President Trump's administration, enhancing its growth initiatives and takeaway capacity. MPLX's strong financial pos...
MPLX: The Golden Midstream Energy Era Is Just Getting Started
MPLX is entering a golden era where midstream energy plays have reasserted their sector leadership. MPLX is well-positioned with its strategic partnership with MPC, and diversification across to the e...
MPLX Is Arguably The Best High-Yield High-Growth Investment There Is
MPLX has arguably the most complete package of all income investments. We discuss why MPLX is such a great high-yield, high-growth investment. We also discuss the risks facing MPLX right now.
Here's My Single Favorite Place To Buy Income
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How To Invest $1 Million For Sustainable Retirement Passive Income
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2 High-Yielding Cash Cows For A Comfortable Retirement
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