MPLX LP (MPLX)
MPLX Stock Price Chart
Key Info
| Market Cap | 23.01B |
| Revenue (ttm) | 7.64B |
| Net Income (ttm) | -2.11B |
| Shares Out | 1.05B |
| EPS (ttm) | -2.01 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $2.75 |
| Dividend Yield | 12.43% |
Stock Quote
| Trading Day | December 3 |
| Last Price | $22.12 |
| Previous Close | $21.80 |
| Change ($) | 0.32 |
| Change (%) | 1.47% |
| Day's Open | 22.00 |
| Day's Range | 21.80 - 22.49 |
| Day's Volume | 2,565,529 |
| 52-Week Range | 7.47 - 23.47 |
MPLX Stock News
Some energy investors feared a Biden Presidency; they were wrong. Long energy into the election has been one of the best trades of 2020. With the (likely) odds of Republican senate and US Supr...
MPLX investors should ignore the acquisition news and pay attention to the company's long-term potential and payout ratio. The company is rapidly cutting growth capital and moving to being FCF...
MPLX is on track to lower the capital budget for 2020 by more than $700 million.
AUSTIN, Texas--(BUSINESS WIRE)--WhiteWater Midstream (WWM) and MPLX LP (NYSE: MPLX) today announced the substantial completion of a 1.8 billion cubic-feet-per-day (Bcf/d) expansion of their jo...
MPLX's stock is down a lot this year - the market doesn't like anything energy-related right now. MPLX's underlying performance is attractive, results during Q3 were better than that from the ...
MPLX has recently started up a new major pipeline, as it continues to cut capital spending and maintain cash flow. We expect the company to continue paying its near 15% dividend, supported by ...
The energy midstream company plans to buy back $1 billion of its equity.
MPLX LP (MPLX) CEO Mike Hennigan on Q3 2020 Results - Earnings Call Transcript
FINDLAY, Ohio, Nov. 2, 2020 /PRNewswire/ -- Reported net income attributable to MPLX of $665 million, including a charge of $36 million, and adjusted EBITDA attributable to MPLX of $1.3 billio...
Higher contributions from Logistics and Storage business are likely to have aided MPLX LP's (MPLX) Q3 earnings.
MPLX is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
This is the second in a series of articles discussing 3rd Quarter performance of my Regional Bank Portfolio.
MPLX's (MPLX) open season expansion will provide additional time to shippers to finalize commitments.
FINDLAY, Ohio, Oct. 27, 2020 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6875 per common unit for the...
FINDLAY, Ohio, Oct. 23, 2020 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it will extend its binding open season for the expansion of the SLC Core Pipeline System by two weeks. In...
How A Federal Drilling Permit Ban Could Impact The Williams Companies And MPLX LP
Even these top yielders couldn't escape an industry downturn.
FINDLAY, Ohio, Sept. 25, 2020 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on ...
FINDLAY, Ohio, Sept. 25, 2020 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) and MPLX LP (NYSE: MPLX) today announced the redemption of (i) all of the $650 million outstanding aggr...
Top energy stocks are trading at much lower levels compared to the start of the year, presenting attractive buying opportunities.
The in-service date of the new takeaway capacity in MPLX's SLC Core Pipeline System is expected in first-quarter 2022.
FINDLAY, Ohio, Sept. 21, 2020 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today launched a binding open season to assess shipper interest in firm priority capacity on the SLC Core Pipeline System, lo...
The company is well on the path to FCF positivity. So far, it has remained committed to paying its dividends.
MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?
While the market has questions about the payout's durability, this MLP firmly believes it's on solid ground.
FINDLAY, Ohio, Aug. 11, 2020 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $3,000,000,000 in aggregate principal amount of unsecured senior notes in an underwritten p...
Contributions from gathering and processing business aid MPLX's Q2 earnings.
MPLX LP: Cash Flow Important To The Parent Company
AUSTIN, Texas--(BUSINESS WIRE)--WhiteWater Midstream (WhiteWater), MPLX LP (NYSE: MPLX) and West Texas Gas, Inc. (WTG) have recently formed a Joint Venture (JV) to provide natural gas liquids ...
MPLX's Growth Is Muted But The Distribution Is Secure
After delivering a solid quarter amid the storm, this MLP has continued confidence in its big-time dividend, given what it sees ahead.
MPLX LP (MPLX) CEO Mike Hennigan on Q2 2020 Results - Earnings Call Transcript
Shares of MPLX (NYSE:MPLX) rose 1.1% in pre-market trading after the company reported Q2 results.
FINDLAY, Ohio, Aug. 3, 2020 /PRNewswire/ -- Reported net income attributable to MPLX of $648 million and adjusted EBITDA attributable to MPLX of $1.2 billion Generated $1.1 billion in net cash...
The battle around the shutdown of the Dakota Access Pipeline is the second this month in an important production region.
MPLX: Offering A 20% CAGR Even If Distributions Are Slashed
Midstream fundamentals deteriorated in response to the COVID-19 pandemic, but the sector has taken steps to adapt.
Natural Gas Provides A Place To Ride Out The Storm: Williams And MPLX
MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?
Income investors aren't completely out of luck right now in this low-rate environment.
Investors have bailed on these dividend stocks this year, pushing their yields up to eye-popping levels.
Higher pipeline and gathering throughput aid MPLX's Q1 earnings.
The midstream energy partnership's units recovered from a massive downdraft in March, but there are still issues to deal with
MPLX LP (MPLX) CEO Mike Hennigan on Q1 2020 Results - Earnings Call Transcript
MPLX is generating plenty of cash to maintain its high-yielding payout while executing its expansion plan.
One of the two MLPs looks better-positioned to handle the current crisis.
MPLX Today Represents An Attractive, Though Speculative, Long-Term Income Opportunity
Upside In A Down Market: Northeast Gas Dynamics To Advantage Regional Midstream Companies
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, exchange, storage, and marketing of natural gas liquids; transportation, storage, distribution, and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products, such as asphalt; and sale ... [Read more...]
| Industry Oil & Gas Midstream | IPO Date Oct 26, 2012 |
| CEO Michael Hennigan | Employees 0 |
| Stock Exchange NYSE | Ticker Symbol MPLX |
Financial Performance
In 2019, MPLX LP's revenue was $9.04 billion, an increase of 29.06% compared to the previous year's $7.01 billion. Earnings were $1.03 billion, a decrease of -43.18%.
Analyst Forecasts
According to 19 analysts, the average rating for MPLX LP stock is "Buy." The 12-month stock price forecast is 24.18, which is an increase of 9.31% from the latest price.