US Capital Advisors Decreases Earnings Estimates for Mplx

Key Points

• US Capital Advisors slightly lowered MPLX’s FY2026 EPS forecast to $4.05 from $4.06, below the broader consensus estimate of $4.25.
• MPLX’s latest quarterly results met expectations, with EPS of $1.06 and revenue of $3.13 billion, up 10.3% year over year.
• MPLX raised its quarterly dividend to $1.2111 per share, equivalent to $4.84 annually and an approximate 8.2% yield; analysts maintain a “Moderate Buy” consensus with a $63.80 average target price.

Mplx Lp (NYSE:MPLX - Free Report) - Stock analysts at US Capital Advisors reduced their FY2026 earnings per share estimates for shares of Mplx in a research report issued on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $4.05 per share for the year, down from their prior estimate of $4.06. The consensus estimate for Mplx's current full-year earnings is $4.25 per share.

Mplx (NYSE:MPLX - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share for the quarter, hitting the consensus estimate of $1.06. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.14 billion. Mplx had a return on equity of 32.83% and a net margin of 35.75%. The company's revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company posted $1.03 EPS.

A number of other equities analysts have also weighed in on MPLX. Weiss Ratings reiterated a "buy (a-)" rating on shares of Mplx in a research report on Thursday, August 13th. Barclays lifted their price target on Mplx from $59.00 to $63.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their price objective on Mplx from $60.00 to $64.00 and gave the stock an "outperform" rating in a report on Friday, August 21st. Wells Fargo & Company upped their price objective on shares of Mplx from $61.00 to $63.00 and gave the company an "overweight" rating in a research note on Wednesday, August 5th. Finally, Stifel Nicolaus began coverage on shares of Mplx in a research note on Thursday, September 10th. They set a "hold" rating and a $65.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Mplx has an average rating of "Moderate Buy" and an average target price of $63.80.

Mplx Stock Up 1.3%

Shares of Mplx stock opened at $58.84 on Thursday. The stock's fifty day moving average is $58.33 and its 200-day moving average is $57.16. The firm has a market capitalization of $59.65 billion, a PE ratio of 12.65, a price-to-earnings-growth ratio of 5.63 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 1.71. Mplx has a 12-month low of $50.22 and a 12-month high of $60.95.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Energy Income Partners LLC bought a new position in Mplx during the second quarter valued at approximately $303,072,000. Bank of New York Mellon Corp bought a new position in shares of Mplx in the 2nd quarter valued at approximately $1,094,000. Attessa Capital LLC acquired a new stake in Mplx in the 2nd quarter worth approximately $1,042,000. NEOS Investment Management LLC lifted its holdings in Mplx by 45.5% in the 2nd quarter. NEOS Investment Management LLC now owns 486,025 shares of the pipeline company's stock worth $27,378,000 after purchasing an additional 152,041 shares during the last quarter. Finally, Militia Capital Management LLC bought a new stake in Mplx during the first quarter worth approximately $3,824,000. Institutional investors and hedge funds own 24.25% of the company's stock.

Mplx Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, November 6th will be issued a dividend of $1.2111 per share. This is a positive change from Mplx's previous quarterly dividend of $1.0765. This represents a $4.84 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Friday, November 6th. Mplx's dividend payout ratio is presently 92.47%.

Key Mplx News

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: Dividend increased 12.5%: MPLX declared a quarterly distribution of $1.2111 per common unit, up $0.1346 from the prior quarter. The payment equates to $4.84 annually and an indicated yield of approximately 8.3%, reinforcing the partnership’s income appeal. The distribution is payable November 13 to unitholders of record November 6. MPLX LP Increases Quarterly Distribution
• Neutral Sentiment: Valuation remains supported by analyst targets: Brokerages reportedly have a consensus price target of $63.80, above recent trading levels. However, the target is based on aggregated analyst expectations and does not guarantee future performance. MPLX Consensus Target Price
• Negative Sentiment: US Capital Advisors lowered earnings estimates: The firm reduced its forecast for third-quarter 2026 EPS to $1.02 from $1.03 and third-quarter 2027 EPS to $1.09 from $1.10. It also cut full-year 2027 EPS to $4.22 from $4.24 and 2028 EPS to $4.45 from $4.56. These small downward revisions suggest somewhat softer expected earnings growth, though the firm’s 2027 estimate remains close to the broader $4.25 current-year consensus.

About Mplx

MPLX LP NYSE: MPLX is a master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides services for the gathering, processing, transportation, storage and marketing of crude oil, natural gas and natural gas liquids (NGLs).

MPLX's assets include crude oil and refined-products pipelines, natural gas gathering and processing systems, NGL fractionation facilities, storage terminals and marine transportation infrastructure. Through its logistics and storage operations, the company supports the movement of hydrocarbons from producing regions to refineries, export facilities and other domestic markets.

The company serves several major U.S.

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