Mplx (MPLX) Projected to Post Quarterly Earnings on Tuesday

Mplx (NYSE:MPLX - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Mplx to post earnings of $1.07 per share and revenue of $3.15 billion for the quarter.

Mplx (NYSE:MPLX - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The pipeline company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.07 by $0.03. The firm had revenue of $2.89 billion during the quarter, compared to analysts' expectations of $3.15 billion. Mplx had a return on equity of 31.94% and a net margin of 36.18%. The company's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.98 EPS. On average, analysts expect Mplx to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Mplx Trading Down 1.5 %

Shares of MPLX traded down $0.78 during mid-day trading on Tuesday, reaching $49.85. The company's stock had a trading volume of 2,242,299 shares, compared to its average volume of 1,760,148. The company's fifty day moving average price is $51.71 and its two-hundred day moving average price is $50.05. The company has a current ratio of 0.99, a quick ratio of 0.95 and a debt-to-equity ratio of 1.40. Mplx has a 52 week low of $39.84 and a 52 week high of $54.87. The stock has a market cap of $50.97 billion, a PE ratio of 11.84, a P/E/G ratio of 1.69 and a beta of 0.76.

Mplx Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Friday, May 9th will be given a dividend of $0.9565 per share. The ex-dividend date is Friday, May 9th. This represents a $3.83 annualized dividend and a yield of 7.68%. Mplx's payout ratio is 90.74%.

Insider Activity

In other news, VP Shawn M. Lyon acquired 4,000 shares of Mplx stock in a transaction 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 purchase, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Wall Street Analyst Weigh In

MPLX has been the topic of several analyst reports. Wells Fargo & Company lifted their target price on shares of Mplx from $54.00 to $59.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Barclays raised their target price on Mplx from $52.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, March 14th. Raymond James increased their price objective on Mplx from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Thursday, February 6th. Morgan Stanley upped their target price on Mplx from $56.00 to $62.00 and gave the company an "equal weight" rating in a report on Tuesday, March 11th. Finally, StockNews.com cut shares of Mplx from a "strong-buy" rating to a "buy" rating in a report on Sunday, March 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $55.88.

About Mplx

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water.