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MPLX LP (MPLX)

Stock Price: $25.78 USD 0.30 (1.18%)
Updated Mar 5, 2021 4:00 PM EST - Market closed
After-hours: $25.87 +0.09 (0.35%) Mar 5, 7:57 PM
Market Cap 26.74B
Revenue (ttm) 7.57B
Net Income (ttm) -842.00M
Shares Out 1.05B
EPS (ttm) -0.80
PE Ratio n/a
Forward PE 9.87
Dividend $2.75
Dividend Yield 10.67%
Trading Day March 5
Last Price $25.78
Previous Close $25.48
Change ($) 0.30
Change (%) 1.18%
Day's Open 25.91
Day's Range 25.00 - 26.15
Day's Volume 1,780,926
52-Week Range 5.95 - 26.15

News

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Zacks Investment Research - 3 days ago

MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?

PRNewsWire - 1 week ago

FINDLAY, Ohio, Feb. 26, 2021 /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, 2020. ...

The Motley Fool - 1 week ago

Income investors should consider these three high-yield dividend stocks that the market is overlooking right now.

Other stocks mentioned: ABBV, CTRE
The Motley Fool - 3 weeks ago

These dividend-paying stocks are trading at enticing values.

Other stocks mentioned: BIP, MMM
The Motley Fool - 1 month ago

These stocks stand out as bargains in a red-hot market.

Other stocks mentioned: KMI, SLG
The Motley Fool - 1 month ago

MPLX is generating more than enough cash to cover its big-time payout and expansion program.

Zacks Investment Research - 1 month ago

Lower terminal throughput volumes hurt MPLX LP's (MPLX) Q4 earnings, partially offset by favorable average tariff rates.

Seeking Alpha - 1 month ago

MPLX LP (MPLX) CEO Mike Hennigan on Q4 2020 Results - Earnings Call Transcript

PRNewsWire - 1 month ago

FINDLAY, Ohio, Feb. 2, 2021 /PRNewswire/ -- Reported fourth quarter net income attributable to MPLX of $691 million and full-year net loss of $720 million (includes non-cash impairment charges...

PRNewsWire - 1 month ago

FINDLAY, Ohio, Jan. 28, 2021 /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...

PRNewsWire - 1 month ago

FINDLAY, Ohio, Jan. 26, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) has adjusted the time of its conference call with analysts on Tuesday, Feb. 2, 2021, to begin at 9:30 a.m. EST. During the cal...

24/7 Wall Street - 1 month ago

If any sector took a beating in 2020, it is energy, and the energy master limited partnerships (MLPs) in particular really have been the whipping boy.

Other stocks mentioned: EPD, ET, PAA
Seeking Alpha - 1 month ago

How we took advantage of MPLX's March's sell-off and how to mitigate your risk if you did as well. MPLX remains a lovely pick for income-oriented investors. Its distributions are well-covered ...

Zacks Investment Research - 1 month ago

MPLX LP (MPLX) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Seeking Alpha - 1 month ago

Previously unlikely, Democrat control of Congress assuredly means higher taxes are coming. Corporate tax rates are going up as well as taxes on dividends for high income individuals under the ...

Other stocks mentioned: AM, BIP, CQP, DCP, ENB, EPD, ET, MMP, PAA, PSXP, SHLX, TRP, WES, WMB
The Motley Fool - 2 months ago

Not every income investor has the same needs, but there's are companies on this list to fit the preferences of most dividend lovers' portfolios.

Other stocks mentioned: MPC, ORAN, SUN, VZ, VZA
Invezz - 2 months ago

MPLX (NYSE: MPLX) shares have advanced from $6.87 above $23 since the middle of March, and the current price stands around $21.65. The dividend yield is 12.7% at the current share price, and M...

Seeking Alpha - 2 months ago

2021 could be a year in which value stocks outperform. Income potential remains a key theme for 2021 and beyond, as interest rates remain at record lows.

Other stocks mentioned: ABBV, BMY, C, EPD, INTC, PRU, SPG, SPY, T, WPC
Zacks Investment Research - 2 months ago

MPLX unit MarkWest Energy inks a deal to divest its Javelina Facility to Howard Energy Partners.

PRNewsWire - 2 months ago

FINDLAY, Ohio, Dec. 29, 2020 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced the redemption of all of the $750 million outstanding aggregate principal amount of MPLX's 5.250% senior notes...

The Motley Fool - 2 months ago

These 10 stocks could be great buys if the real estate and energy sectors recover next year.

Other stocks mentioned: AM, CIM, ET, IEP, LUMN, PSXP, SHLX, STWD, SUN
PRNewsWire - 2 months ago

FINDLAY, Ohio, Dec. 18, 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 T...

Other stocks mentioned: MPC
Seeking Alpha - 2 months ago

Last month there was speculation that MPLX may be getting acquired by their parent company, Marathon Petroleum. The lack of following news seems to indicate that this will not be forthcoming, ...

Seeking Alpha - 3 months ago

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...

Other stocks mentioned: DVN, ENB, EOG, EPD, ET, ETRN, MUR, OXY, PXD, TRP
Seeking Alpha - 3 months ago

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...

Zacks Investment Research - 3 months ago

MPLX is on track to lower the capital budget for 2020 by more than $700 million.

Business Wire - 3 months ago

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...

Seeking Alpha - 4 months ago

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 ...

Seeking Alpha - 4 months ago

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 Motley Fool - 4 months ago

The energy midstream company plans to buy back $1 billion of its equity.

Seeking Alpha - 4 months ago

MPLX LP (MPLX) CEO Mike Hennigan on Q3 2020 Results - Earnings Call Transcript

PRNewsWire - 4 months ago

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...

Zacks Investment Research - 4 months ago

Higher contributions from Logistics and Storage business are likely to have aided MPLX LP's (MPLX) Q3 earnings.

Zacks Investment Research - 4 months ago

MPLX is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Seeking Alpha - 4 months ago

This is the second in a series of articles discussing 3rd Quarter performance of my Regional Bank Portfolio.

Other stocks mentioned: ENB, ET, KMI, MMP, OKE, PAA, TRP, WMB
Zacks Investment Research - 4 months ago

MPLX's (MPLX) open season expansion will provide additional time to shippers to finalize commitments.

PRNewsWire - 4 months ago

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...

PRNewsWire - 4 months ago

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...

Seeking Alpha - 4 months ago

How A Federal Drilling Permit Ban Could Impact The Williams Companies And MPLX LP

Other stocks mentioned: WMB
The Motley Fool - 4 months ago

Even these top yielders couldn't escape an industry downturn.

Other stocks mentioned: MMP, PAA
PRNewsWire - 5 months ago

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 ...

PRNewsWire - 5 months ago

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...

Other stocks mentioned: MPC
The Motley Fool - 5 months ago

Top energy stocks are trading at much lower levels compared to the start of the year, presenting attractive buying opportunities.

Other stocks mentioned: EPD, MMP
Zacks Investment Research - 5 months ago

The in-service date of the new takeaway capacity in MPLX's SLC Core Pipeline System is expected in first-quarter 2022.

PRNewsWire - 5 months ago

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...

Seeking Alpha - 6 months ago

The company is well on the path to FCF positivity. So far, it has remained committed to paying its dividends.

Zacks Investment Research - 6 months ago

MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 6 months ago

While the market has questions about the payout's durability, this MLP firmly believes it's on solid ground.

PRNewsWire - 6 months ago

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...

Zacks Investment Research - 6 months ago

Contributions from gathering and processing business aid MPLX's Q2 earnings.

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
Country
United States
Stock Exchange
NYSE
Ticker Symbol
MPLX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 18 analysts, the average rating for MPLX LP stock is "Buy." The 12-month stock price forecast is 27.25, which is an increase of 5.70% from the latest price.

Price Target
$27.25
(5.70% upside)
Analyst Consensus: Buy