MPLX LP (MPLX)
| 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 |
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...
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...
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MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?
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Does MPLX LP (MPLX) have what it takes to be a top stock pick for momentum investors? Let's find out.
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.
Favorable average tariff rates aid MPLX LP's (MPLX) Q1 earnings.
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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...
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...
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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...
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,...
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...
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...
Let's see if MPLX (MPLX) stock is a good choice for value-oriented investors right now from multiple angles.
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. The filing...
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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 of $3.4 b...
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...
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...
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 by resilie...
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 prospectiv...
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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...
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 due Jan. ...
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...
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...
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 ...
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....
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 joint ventur...
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...
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...
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 billion Generate...
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 |
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.