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MPLX LP (MPLX)

Stock Price: $30.68 USD 0.49 (1.62%)
Updated Jun 11, 2021 4:00 PM EDT - Market closed
After-hours: $30.73 +0.05 (0.16%) Jun 11, 7:59 PM
Market Cap 31.59B
Revenue (ttm) 8.92B
Net Income (ttm) 2.62B
Shares Out 1.04B
EPS (ttm) 2.50
PE Ratio 12.27
Forward PE 12.95
Dividend $2.75
Dividend Yield 8.96%
Trading Day June 11
Last Price $30.68
Previous Close $30.19
Change ($) 0.49
Change (%) 1.62%
Day's Open 30.34
Day's Range 30.30 - 30.85
Day's Volume 1,756,441
52-Week Range 13.74 - 30.85

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MPLX (NYSE: MPLX) shares have been moving in an uptrend last several months, and the technical picture implies that the price could stabilize above $30 resistance this June. The oil price also remains s...

4 days ago - Invezz

Oil has been somewhat range-bound as we head into summer in a few weeks, but the good thing for most oil producers is that over $60 a barrel, and closing in on $70, most are able to wring out very solid...

Other stocks mentioned: AM, NRP, SUN
5 days ago - 24/7 Wall Street

Final Trades: MPLX, Uber, Biotech & more

YouTube video

The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: UBER
6 days ago - CNBC Television

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

1 week ago - Zacks Investment Research

There has been a tsunami of Wall Street chatter recently about interest rates going higher.

Other stocks mentioned: CVX, EPD, ET, XOM
1 week ago - 24/7 Wall Street

Does MPLX LP (MPLX) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 weeks ago - Zacks Investment Research

MPLX LP (MPLX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

2 weeks ago - Zacks Investment Research

Favorable average tariff rates aid MPLX LP's (MPLX) Q1 earnings.

1 month ago - Zacks Investment Research

Retirees should consider these stable dividend stocks to provide reliable income in their investment portfolio.

Other stocks mentioned: ITW, SNA
1 month ago - The Motley Fool

FINDLAY, Ohio, May 4, 2021 /PRNewswire/ -- Reported net income attributable to MPLX of $739 million and adjusted EBITDA attributable to MPLX of $1.4 billion Generated $1.1 billion in net cash provided b...

1 month ago - PRNewsWire

FINDLAY, Ohio, April 27, 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 first qu...

1 month ago - PRNewsWire

The trio offer double-digit yields. But are those yields sustainable?

Other stocks mentioned: AM, SUN
1 month ago - The Motley Fool

It you're looking for a reliable dividend-paying name in the energy sector, you could do worse than checking out MPLX stock. The post MPLX LP: A Top-Notch MLP With a Secure 11% Yield appeared first on I...

2 months ago - InvestorPlace

What is a dividend and which companies have the best-yielding dividends? Read on for a primer on how best to approach this method of investing.

Other stocks mentioned: CVX, EPD, ETFC, IRM, MO, WMB
2 months ago - Investors Business Daily

MPLX (NYSE: MPLX) shares have been moving in an uptrend last several months, and according to technical analysis, a positive trend remains intact. The dividend yield is 10.7% at the current share price,...

2 months ago - Invezz

FINDLAY, Ohio, March 22, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2020 investor tax packages are now available on its website, https://www.mplx.com. Investors may sel...

2 months ago - PRNewsWire

FINDLAY, Ohio, March 18, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Tuesday, M...

2 months ago - PRNewsWire

Let's see if MPLX (MPLX) stock is a good choice for value-oriented investors right now from multiple angles.

2 months ago - Zacks Investment Research

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

3 months ago - Zacks Investment Research

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 filing...

3 months ago - PRNewsWire

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

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

These dividend-paying stocks are trading at enticing values.

Other stocks mentioned: BIP, MMM
3 months ago - The Motley Fool

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

Other stocks mentioned: KMI, SLG
4 months ago - The Motley Fool

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

4 months ago - The Motley Fool

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

4 months ago - Zacks Investment Research

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

4 months ago - Seeking Alpha

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 of $3.4 b...

4 months ago - PRNewsWire

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 fourth qu...

4 months ago - PRNewsWire

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 call, MPLX ex...

4 months ago - PRNewsWire

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
4 months ago - 24/7 Wall Street

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 by resilie...

4 months ago - Seeking Alpha

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

5 months ago - Zacks Investment Research

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 prospectiv...

Other stocks mentioned: AM, BIP, CQP, DCP, ENB, EPD, ET ...
5 months ago - Seeking Alpha

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
5 months ago - The Motley Fool

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 MPLX is the...

5 months ago - Invezz

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 ...
5 months ago - Seeking Alpha

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

5 months ago - Zacks Investment Research

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 due Jan. ...

5 months ago - PRNewsWire

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 ...
5 months ago - The Motley Fool

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 Tuesday, Fe...

Other stocks mentioned: MPC
5 months ago - PRNewsWire

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, but thankf...

6 months ago - Seeking Alpha

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 Supreme Court ...

Other stocks mentioned: DVN, ENB, EOG, EPD, ET, ETRN, MUR ...
6 months ago - Seeking Alpha

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 positive....

6 months ago - Seeking Alpha

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

7 months ago - Zacks Investment Research

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 joint ventur...

7 months ago - Business Wire

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 previous y...

7 months ago - Seeking Alpha

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 its new sh...

7 months ago - Seeking Alpha

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

7 months ago - The Motley Fool

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

7 months ago - Seeking Alpha

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 billion Generate...

7 months ago - PRNewsWire

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; and sale of residue gas an... [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 17 analysts, the average rating for MPLX LP stock is "Buy." The 12-month stock price forecast is 31.07, which is an increase of 1.27% from the latest price.

Price Target
$31.07
(1.27% upside)
Analyst Consensus: Buy