Mplx (MPLX) to Release Quarterly Earnings on Tuesday

Mplx (NYSE:MPLX - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce 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, February 4th. The pipeline company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.03. The business had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.07 billion. Mplx had a net margin of 36.18% and a return on equity of 31.94%. The company's revenue was up 3.3% compared to the same quarter last year. During the same period last year, the firm posted $1.10 earnings per share. On average, analysts expect Mplx to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Mplx Stock Up 0.2 %

MPLX stock opened at $52.52 on Tuesday. Mplx has a 52 week low of $39.84 and a 52 week high of $54.87. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. The firm has a 50-day simple moving average of $51.91 and a 200-day simple moving average of $49.80. The stock has a market capitalization of $53.70 billion, a P/E ratio of 12.47, a P/E/G ratio of 1.69 and a beta of 1.11.

Insider Buying and Selling at Mplx

In other Mplx news, VP Shawn M. Lyon purchased 4,000 shares of Mplx stock in a transaction dated Friday, March 7th. The shares were acquired at an average price of $52.75 per share, with a total value of $211,000.00. Following the completion of the transaction, the vice president now owns 25,299 shares of the company's stock, valued at $1,334,522.25. This trade represents a 18.78 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Wall Street Analysts Forecast Growth

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

Mplx Company Profile

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.

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