MPLX LP (MPLX)

Market Cap	41.63B
Revenue (ttm)	11.28B
Net Income (ttm)	3.83B
Shares Out	1.01B
EPS (ttm)	3.80
PE Ratio	10.84
Forward PE	9.91
Dividend	$3.40 (8.25%)
Ex-Dividend Date	Feb 2, 2024

Volume	1,825,261
Open	40.74
Previous Close	40.68
Day's Range	40.65 - 41.36
52-Week Range	33.12 - 42.89
Beta	1.35
Analysts	Strong Buy
Price Target	43.22 (+4.93%)
Earnings Date	Apr 30, 2024

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, 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 renewables; and sale of residue gas and con...

• Industry: Oil & Gas Midstream
• Sector: Energy
• IPO Date: Oct 26, 2012
• Employees: 5,810
• Stock Exchange: NYSE
• Ticker Symbol: MPLX

Financial Performance

In 2023, MPLX LP's revenue was $11.28 billion, a decrease of -2.86% compared to the previous year's $11.61 billion. Earnings were $3.83 billion, an increase of 0.37%.

Analyst Forecast

According to 9 analysts, the average rating for MPLX stock is "Strong Buy." The 12-month stock price forecast is $43.22, which is an increase of 4.93% from the latest price.

Price Target

$43.22

(4.93% upside)

Analyst Consensus: Strong Buy