MPLX LP (MPLX)

Market Cap	35.07B
Revenue (ttm)	11.47B
Net Income (ttm)	4.00B
Shares Out	1.00B
EPS (ttm)	3.96
PE Ratio	8.85
Forward PE	9.22
Dividend	$3.10 (8.85%)
Ex-Dividend Date	Aug 3, 2023

Volume	10,758,143
Open	35.03
Previous Close	34.92
Day's Range	35.00 - 35.43
52-Week Range	28.56 - 35.85
Beta	1.40
Analysts	Buy
Price Target	39.88 (+13.85%)
Earnings Date	Oct 31, 2023

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; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensa...

• Industry: Oil & Gas Midstream
• Sector: Energy
• IPO Date: Oct 26, 2012
• Employees: 5,811
• Stock Exchange: NYSE
• Ticker Symbol: MPLX

Financial Performance

In 2022, MPLX LP's revenue was $11.61 billion, an increase of 15.82% compared to the previous year's $10.03 billion. Earnings were $3.82 billion, an increase of 29.94%.

Analyst Forecast

According to 8 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price forecast is $39.88, which is an increase of 13.85% from the latest price.

Price Target

$39.88

(13.85% upside)

Analyst Consensus: Buy