MPLX LP (MPLX)
| 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 |
MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?
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. ...
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MPLX is generating more than enough cash to cover its big-time payout and expansion program.
Lower terminal throughput volumes hurt MPLX LP's (MPLX) Q4 earnings, partially offset by favorable average tariff rates.
MPLX LP (MPLX) CEO Mike Hennigan on Q4 2020 Results - Earnings Call Transcript
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...
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...
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...
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.
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 ...
MPLX LP (MPLX) is well positioned to outperform the market, as it exhibits above-average growth in financials.
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 ...
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.
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...
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.
MPLX unit MarkWest Energy inks a deal to divest its Javelina Facility to Howard Energy Partners.
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...
These 10 stocks could be great buys if the real estate and energy sectors recover next year.
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...
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, ...
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.
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 |
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.