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MPLX LP (MPLX)

Stock Price: $22.12 USD 0.32 (1.47%)
Updated December 3, 4:00 PM EST - Market closed
Pre-market: $22.50 +0.38 (1.72%) Dec 4, 8:42 AM

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

Seeking Alpha - 3 days 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 - 5 days 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 weeks ago

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

Business Wire - 3 weeks 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 weeks 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 - 1 month 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 - 1 month ago

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

Seeking Alpha - 1 month ago

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

PRNewsWire - 1 month 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 - 1 month ago

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

Zacks Investment Research - 1 month ago

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

Seeking Alpha - 1 month 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 - 1 month ago

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

PRNewsWire - 1 month 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 - 1 month 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 - 1 month ago

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

Other stocks mentioned: WMB
The Motley Fool - 1 month ago

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

Other stocks mentioned: MMP, PAA
PRNewsWire - 2 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 - 2 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 - 2 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 - 2 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 - 2 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 - 3 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 - 3 months ago

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

The Motley Fool - 3 months ago

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

PRNewsWire - 3 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 - 3 months ago

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

Seeking Alpha - 3 months ago

MPLX LP: Cash Flow Important To The Parent Company

Business Wire - 3 months ago

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 ...

Seeking Alpha - 3 months ago

MPLX's Growth Is Muted But The Distribution Is Secure

The Motley Fool - 4 months ago

After delivering a solid quarter amid the storm, this MLP has continued confidence in its big-time dividend, given what it sees ahead.

Seeking Alpha - 4 months ago

MPLX LP (MPLX) CEO Mike Hennigan on Q2 2020 Results - Earnings Call Transcript

Benzinga - 4 months ago

Shares of MPLX (NYSE:MPLX) rose 1.1% in pre-market trading after the company reported Q2 results.

PRNewsWire - 4 months ago

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 Motley Fool - 4 months ago

The battle around the shutdown of the Dakota Access Pipeline is the second this month in an important production region.

Other stocks mentioned: ET, MPC
Seeking Alpha - 5 months ago

MPLX: Offering A 20% CAGR Even If Distributions Are Slashed

Forbes - 5 months ago

Midstream fundamentals deteriorated in response to the COVID-19 pandemic, but the sector has taken steps to adapt.

Other stocks mentioned: EPD, ET, MMP
Seeking Alpha - 5 months ago

Natural Gas Provides A Place To Ride Out The Storm: Williams And MPLX

The Motley Fool - 5 months ago

The stock's risks don't seem to justify its high yield.

Zacks Investment Research - 5 months ago

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

The Motley Fool - 6 months ago

Income investors aren't completely out of luck right now in this low-rate environment.

Other stocks mentioned: IP, T, WPC
The Motley Fool - 6 months ago

Investors have bailed on these dividend stocks this year, pushing their yields up to eye-popping levels.

Other stocks mentioned: EPD, MMP
Zacks Investment Research - 6 months ago

Higher pipeline and gathering throughput aid MPLX's Q1 earnings.

The Motley Fool - 6 months ago

The midstream energy partnership's units recovered from a massive downdraft in March, but there are still issues to deal with

Seeking Alpha - 6 months ago

MPLX LP (MPLX) CEO Mike Hennigan on Q1 2020 Results - Earnings Call Transcript

The Motley Fool - 6 months ago

MPLX is generating plenty of cash to maintain its high-yielding payout while executing its expansion plan.

The Motley Fool - 7 months ago

One of the two MLPs looks better-positioned to handle the current crisis.

Other stocks mentioned: MMP
Seeking Alpha - 7 months ago

MPLX Today Represents An Attractive, Though Speculative, Long-Term Income Opportunity

Seeking Alpha - 7 months ago

MPLX: Short-Term Headwinds, Long-Term Value

Seeking Alpha - 7 months ago

Upside In A Down Market: Northeast Gas Dynamics To Advantage Regional Midstream Companies

Other stocks mentioned: CLR, WMB

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$24.18
(9.31% upside)
Analyst Consensus: Buy