MPLX LP (MPLX)

NYSE: MPLX · IEX Real-Time Price · USD
31.51
0.13 (0.41%)
At close: Jan 14, 2022 4:00 PM
31.69
0.18 (0.57%)
After-hours:Jan 14, 2022 7:52 PM EST
Market Cap32.14B
Revenue (ttm)9.54B
Net Income (ttm)2.80B
Shares Out1.02B
EPS (ttm)2.71
PE Ratio11.63
Forward PE9.49
Dividend$3.34 (10.61%)
Ex-Dividend DateNov 10, 2021
Volume1,444,158
Open31.30
Previous Close31.38
Day's Range31.09 - 31.74
52-Week Range21.66 - 32.26
Beta1.81
AnalystsBuy
Price Target34.76 (+10.3%)
Earnings DateNov 2, 2021

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...

IndustryOil, Gas & Consumable Fuels
IPO DateOct 26, 2012
CEOMichael Hennigan
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolMPLX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for MPLX LP stock is "Buy." The 12-month stock price forecast is 34.76, which is an increase of 10.31% from the latest price.

Price Target
$34.76
(10.31% upside)
Analyst Consensus: Buy

News

MPLX LP (MPLX) Outpaces Stock Market Gains: What You Should Know

MPLX LP (MPLX) closed at $31.51 in the latest trading session, marking a +0.41% move from the prior day.

2 days ago - Zacks Investment Research

3 Cheap Energy Stocks to Buy Right Now

The market has pretty low expectations for these stocks right now, and investors can benefit from that pessimism.

Other symbols:CSIQRIG
2 days ago - The Motley Fool

3 Reasons Growth Investors Will Love MPLX LP (MPLX)

MPLX LP (MPLX) could produce exceptional returns because of its solid growth attributes.

6 days ago - Zacks Investment Research

3 Oil Pipeline Stocks to Gain on the Prospering Industry

Despite Omicron spreading rapidly worldwide, the outlook for the Zacks Oil and Gas - Production & Pipelines industry is bullish. Kinder Morgan (KMI), Williams Companies (WMB) and MPLX LP (MPLX) are the ...

Other symbols:KMIWMB
1 week ago - Zacks Investment Research

5 High-Yield Dividend Stocks That Outperformed S&P 500 in 2021

High-yielding dividend stocks will help you guard your investments against rising inflation and stock market volatility. The five stocks - PTR, PRU, IRM, OKE & MPLX - outperform the S&P 500 Index this y...

Other symbols:IRMOKEPRUPTR
3 weeks ago - Zacks Investment Research

Has MPLX LP (MPLX) Outpaced Other Oils-Energy Stocks This Year?

Here is how MPLX LP (MPLX) and PDC Energy (PDCE) have performed compared to their sector so far this year.

3 weeks ago - Zacks Investment Research

MPLX LP to Report Fourth-Quarter and Full-Year Financial Results on Feb. 2, 2022

FINDLAY, Ohio, Dec. 17, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Wednesday, Feb. 2, 2022, at 9:30 a.m. EST to discuss 2021 fourth-quarter and full-year financial results.

4 weeks ago - PRNewsWire

Midstream Energy Firms Plow Soaring Cash Flows Into Buybacks

Higher commodity prices have made midstream energy operators financially stronger and healthier. This has allowed the likes of EPD, MPLX, MMP, PAA and WES to increase stockholder returns through buybacks.

Other symbols:EPDMMPPAAWES
1 month ago - Zacks Investment Research

MPLX LP (MPLX) Down 7.1% Since Last Earnings Report: Can It Rebound?

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

1 month ago - Zacks Investment Research

MPLX Jumps 4.4% Since Q3 Earnings & Sales Beat Estimates

MPLX's fourth-quarter growth capital is likely to be in the range of $200-$210 million.

2 months ago - Zacks Investment Research

MPLX LP Reports Third-Quarter 2021 Financial Results

FINDLAY, Ohio, Nov. 2, 2021 /PRNewswire/ -- Reported net income attributable to MPLX of $802 million and adjusted EBITDA attributable to MPLX of $1.4 billion Generated $1.2 billion in net cash provided ...

2 months ago - PRNewsWire

MPLX LP Announces Quarterly Distribution for Third Quarter of $1.28 per Common Unit, Including an Increase to the Bas...

FINDLAY, Ohio, Nov. 2, 2021 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $1.28 per common unit for the third quarte...

2 months ago - PRNewsWire

Is a Surprise Coming for MPLX This Earnings Season?

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

2 months ago - Zacks Investment Research

MPLX LP to Report Third-Quarter Financial Results November 2, 2021

FINDLAY, Ohio, Sept. 22, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX), a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call on Tuesday, November 2, 20...

3 months ago - PRNewsWire

Midstream Buybacks Gain Traction on Free Cash Flow Recovery

The favorable macro environment has helped midstream energy operators like MPLX, PAA, and MMP to generate significant "excess cash", which they have been using to increase stockholder returns through bu...

Other symbols:ENLCMMPPAARTLRWMB
4 months ago - Zacks Investment Research

MPLX LP (MPLX) Up 5.8% Since Last Earnings Report: Can It Continue?

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

4 months ago - Zacks Investment Research

Head to the Midstream for Inflation Protection

Inflation-fighting assets are getting ample attention this year as the Consumer Price Index (CPI) is in the midst of a multi-month rise. Hard assets possess an enviable track record of thriving during i...

Other symbols:AMLPET
4 months ago - ETF Trends

MPLX Stock Rises 1.5% Since Reporting In-Line Q2 Earnings

Increased segmental income from operations aids MPLX's Q2 earnings.

4 months ago - Zacks Investment Research

MPLX LP Announces Retirement of Pamela K.M. Beall; John J.

FINDLAY, Ohio, Aug. 4, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that Pamela K.M. Beall, Executive Vice President and Chief Financial Officer of MPLX GP LLC, will retire later this year ...

5 months ago - PRNewsWire

MPLX LP Reports Second-Quarter 2021 Financial Results

FINDLAY, Ohio, Aug. 4, 2021 /PRNewswire/ --  Reported net income attributable to MPLX of $706 million and adjusted EBITDA attributable to MPLX of $1.4 billion Generated $1.4 billion in net cash provided...

5 months ago - PRNewsWire

Why MPLX LP (MPLX) Might Surprise This Earnings Season

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

5 months ago - Zacks Investment Research

Whistler Pipeline Placed in Service

AUSTIN, Texas--(BUSINESS WIRE)--The Whistler Pipeline began full commercial service on July 1st, 2021 providing approximately 2.0 billion cubic feet per day (Bcf/d) of incremental natural gas transport ...

5 months ago - Business Wire

MPLX LP Announces Quarterly Distribution

FINDLAY, Ohio, July 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 second qu...

5 months ago - PRNewsWire

Can MPLX Support Its Dividend?

The MLP currently yields almost 10%.

5 months ago - The Motley Fool

5 Stocks to Buy With Dividends Yielding More than 6%

These energy stocks can grow your dividend income exponentially.

Other symbols:ENBEPDOKEWMB
6 months ago - The Motley Fool