US Capital Advisors Boosts Earnings Estimates for Mplx

Mplx Lp (NYSE:MPLX - Free Report) - Equities research analysts at US Capital Advisors raised their FY2025 earnings per share (EPS) estimates for shares of Mplx in a report released on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $4.23 per share for the year, up from their previous forecast of $4.10. The consensus estimate for Mplx's current full-year earnings is $4.41 per share. US Capital Advisors also issued estimates for Mplx's Q1 2026 earnings at $1.05 EPS, Q2 2026 earnings at $1.05 EPS and FY2027 earnings at $4.42 EPS.

Mplx (NYSE:MPLX - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The pipeline company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.03. Mplx had a net margin of 36.18% and a return on equity of 31.94%. The company had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $3.15 billion. During the same quarter in the prior year, the firm earned $0.98 earnings per share. The company's revenue for the quarter was up 9.8% compared to the same quarter last year.

Several other research firms have also recently issued reports on MPLX. Royal Bank of Canada raised their price objective on Mplx from $55.00 to $58.00 and gave the stock an "outperform" rating in a report on Monday, March 17th. Wall Street Zen lowered Mplx from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 2nd. Barclays dropped their price objective on shares of Mplx from $55.00 to $52.00 and set an "overweight" rating for the company in a research note on Monday, May 12th. Wells Fargo & Company increased their price objective on shares of Mplx from $54.00 to $59.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Finally, Morgan Stanley boosted their target price on shares of Mplx from $56.00 to $62.00 and gave the company an "equal weight" rating in a report on Tuesday, March 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $55.50.

Mplx Trading Up 0.4%

Shares of NYSE MPLX traded up $0.22 during midday trading on Wednesday, reaching $50.54. 1,033,226 shares of the stock were exchanged, compared to its average volume of 1,713,499. The company has a current ratio of 0.99, a quick ratio of 0.95 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $51.59 billion, a P/E ratio of 12.00, a P/E/G ratio of 1.69 and a beta of 0.76. The stock has a 50 day moving average price of $50.94 and a 200-day moving average price of $50.62. Mplx has a 52-week low of $39.95 and a 52-week high of $54.87.

Mplx Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were issued a $0.9565 dividend. This represents a $3.83 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date was Friday, May 9th. Mplx's payout ratio is 88.22%.

Insider Activity

In related news, VP Shawn M. Lyon purchased 4,000 shares of the firm's stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average cost of $52.75 per share, for a total transaction of $211,000.00. Following the completion of the acquisition, the vice president now owns 25,299 shares in the company, valued at $1,334,522.25. This trade represents a 18.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hedge Funds Weigh In On Mplx

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. VSM Wealth Advisory LLC bought a new stake in Mplx in the fourth quarter valued at about $31,000. Rossby Financial LCC bought a new position in shares of Mplx during the first quarter valued at $33,000. JFS Wealth Advisors LLC acquired a new stake in shares of Mplx in the 1st quarter valued at $37,000. Wealth Preservation Advisors LLC bought a new stake in shares of Mplx in the 1st quarter worth about $44,000. Finally, MorganRosel Wealth Management LLC acquired a new stake in shares of Mplx during the 1st quarter worth about $48,000. Institutional investors and hedge funds own 24.25% of the company's stock.

About Mplx

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Crude Oil and Products Logistics and Natural Gas and NGL Services segments. The Crude Oil and Products Logistics segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water.