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MPLX LP (MPLX)

Stock Price: $19.33 USD -0.05 (-0.26%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 20.47B
Revenue (ttm) 8.63B
Net Income (ttm) -2.03B
Shares Out 1.04B
EPS (ttm) -2.08
PE Ratio n/a
Forward PE 8.27
Dividend $2.75
Dividend Yield 14.23%

Stock Quote

Trading Day Aug 11, 2020
Last Price $19.33
Previous Close $19.38
Change ($) -0.05
Change (%) -0.26%
Day's Open 19.50
Day's Range 19.16 - 19.88
Day's Volume 2,550,789
52-Week Range 6.87 - 30.53

More Stats

Market Cap 20.47B
Enterprise Value 41.30B
Earnings Date (est) n/a
Ex-Dividend Date Aug 6, 2020
Shares Outstanding 1.04B
Float 822.78M
EPS (basic) -2.19
EPS (diluted) -2.08
FCF / Share 2.43
Dividend $2.75
Dividend Yield 14.23%
Earnings Yield n/a
FCF Yield 12.59%
Payout Ratio n/a
Shares Short 16.30M
Short Ratio 4.82
Short % of Float 4.17%
Beta 1.99
PE Ratio n/a
Forward PE 8.27
P/FCF Ratio 7.94
PS Ratio 2.37
PB Ratio 1.38
Revenue 8.63B
Operating Income -1.03B
Net Income -2.03B
Free Cash Flow 2.58B
Net Cash -20.83B
Net Cash / Share -19.68
Gross Margin 58.33%
Operating Margin -11.91%
Profit Margin -28.00%
FCF Margin 29.87%
ROA 6.79%
ROE -17.60%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (17)

Buy 11
Overweight 0
Hold 6
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$23.53*
(21.73% upside)
Low
20.0
Current: $19.33
High
29.0
Target: 23.53
*Average 12-month price target from 15 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue9,0417,0053,8673,0291,101793486462411404
Revenue Growth29.06%81.15%27.67%175.11%38.84%63.17%5.22%12.49%1.56%-
Gross Profit5,3293,9942,1691,681650411255244219197
Operating Income2,3772,7281,191683381245147143132103
Net Income1,0331,81879423315612178.00131134103
Shares Outstanding90676138533197.0074.0074.0074.00--
Earnings Per Share1.002.291.06-1.221.551.050.18--
EPS Growth-56.33%116.04%---21.29%47.62%483.33%---
Dividend Per Share2.652.492.212.031.701.341.03---
Dividend Growth6.47%12.67%8.87%19.27%27.01%29.84%----
Operating Cash Flow4,0823,0711,9071,491427334212191182117
Capital Expenditures-2,378-2,103-1,404-1,312-334-141-107-134-49.80-13.50
Free Cash Flow1,70496850317993.0019310556.30132104
Cash & Equivalents15.0077.005.0023443.0027.0054.102172210.00
Total Debt20,07217,9226,9454,4225,25564410.5011.3011.90-
Net Cash / Debt-20,057-17,845-6,940-4,188-5,212-61743.602052090.00
Assets40,43039,32519,50017,50916,1041,2141,2091,3011,303-
Liabilities22,84920,5908,5275,3996,43775194.4074.5063.90-
Book Value16,36417,5759,82711,0929,654457646691--
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name MPLX LP
Country United States
CEO Michael J. Hennigan

Stock Information

Ticker Symbol MPLX
Stock Exchange New York Stock Exchange
Sector Basic Materials
Industry Oil & Gas Pipelines
Unique Identifier NYSE: MPLX
IPO Date October 26, 2012

Description

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 of residue gas and condensate. Its pipeline network includes 13,000 miles of pipeline throughout the United States; storage caverns consist of butane, propane, and liquefied petroleum gas storage with a combined capacity of 4.7 million barrels located in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico, as well as marine business owns and operates 23 boats, 286 barges, and third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. Further, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Additionally, the company operates 62 terminal facilities for refined petroleum products with a combined total shell capacity of approximately 23.6 million barrels primarily located in the Midwest, Gulf Coast, and Southeast regions. MPLX GP LLC acts as the general partner of MPLX LP. The company was founded in 2012 and is headquartered in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.