Mplx Lp Company Profile (NYSE:MPLX)

About Mplx Lp (NYSE:MPLX)

Mplx Lp logoMPLX LP is a master limited partnership (MLP) formed by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy infrastructure assets. The Company is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids (NGLs), and the gathering, transportation and storage of crude oil and refined petroleum products. Its segments are Logistics and Storage (L&S), and Gathering and Processing (G&P). The L&S segment includes transportation and storage of crude oil, refined products and other hydrocarbon-based products. As of December 31, 2016, the G&P segment operated various natural gas gathering systems that had a combined 5,439 million cubic feet per day (mmcf/d) throughput capacity. As of December 31, 2016, its assets included infrastructure to support MPC, including approximately 2,900 miles of crude oil and refined product pipelines across nine states.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Transportation Services
  • Sub-Industry: N/A
  • Symbol: NYSE:MPLX
  • CUSIP: N/A
  • Web: www.mplx.com
Capitalization:
  • Market Cap: $12.99 billion
  • Outstanding Shares: 407,045,000
Average Prices:
  • 50 Day Moving Avg: $34.73
  • 200 Day Moving Avg: $34.60
  • 52 Week Range: $30.67 - $39.43
P/E:
  • Trailing P/E Ratio: 40.74
  • Foreward P/E Ratio: 19.56
  • P/E Growth: 4.39
Sales & Book Value:
  • Annual Revenue: $3.04 billion
  • Price / Sales: 4.48
  • Book Value: $26.12 per share
  • Price / Book: 1.28
Dividend:
  • Annual Dividend: $2.25
  • Dividend Yield: 6.6%
Profitability:
  • EBITDA: $1.47 billion
  • Net Margins: 19.07%
  • Return on Equity: 6.13%
  • Return on Assets: 3.51%
Debt:
  • Debt-to-Equity Ratio: 0.67%
  • Current Ratio: 1.07%
  • Quick Ratio: 0.99%
Misc:
  • Average Volume: 1.35 million shs.
  • Beta: 1.36
  • Short Ratio: 6.66
 

Frequently Asked Questions for Mplx Lp (NYSE:MPLX)

What is Mplx Lp's stock symbol?

Mplx Lp trades on the New York Stock Exchange (NYSE) under the ticker symbol "MPLX."

How often does Mplx Lp pay dividends? What is the dividend yield for Mplx Lp?

Mplx Lp declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.5625 per share on Monday, August 14th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 6.73%. The ex-dividend date of this dividend is Thursday, August 3rd. This is a positive change from Mplx Lp's previous quarterly dividend of $0.44. View Mplx Lp's Dividend History.

How were Mplx Lp's earnings last quarter?

Mplx Lp (NYSE:MPLX) posted its quarterly earnings data on Thursday, July, 27th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.09. The company had revenue of $916 million for the quarter, compared to the consensus estimate of $884.70 million. Mplx Lp had a net margin of 19.07% and a return on equity of 6.13%. The firm's revenue for the quarter was up 31.2% compared to the same quarter last year. During the same quarter last year, the business earned ($0.11) EPS. View Mplx Lp's Earnings History.

When will Mplx Lp make its next earnings announcement?

Mplx Lp is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Mplx Lp.

Where is Mplx Lp's stock going? Where will Mplx Lp's stock price be in 2017?

13 analysts have issued twelve-month price targets for Mplx Lp's shares. Their forecasts range from $38.00 to $47.00. On average, they anticipate Mplx Lp's stock price to reach $41.67 in the next year. View Analyst Ratings for Mplx Lp.

Who are some of Mplx Lp's key competitors?

Who are Mplx Lp's key executives?

Mplx Lp's management team includes the folowing people:

  • Gary R. Heminger, Chairman of the Board, Chief Executive Officer of MPLX GP LLC
  • Michael J. Hennigan, President, Director of MPLX GP LLC
  • Pamela K. M. Beall, Chief Financial Officer, Executive Vice President, Director of MPLX GP LLC
  • John S. Swearingen, Vice President, Crude Oil and Refined Products Pipelines
  • Gregory S. Floerke, Executive Vice President and Chief Operating Officer - MarkWest Operations of MPLX GP LLC
  • Randy S. Nickerson, Executive Vice President and Chief Commercial Officer, MarkWest Assets
  • Paula L. Rosson, Senior Vice President, Principal Accounting Officer, Chief Accounting Officer of MPLX GP LLC
  • Molly R. Benson, Chief Compliance Officer, Vice President, Secretary of MPLX GP LLC
  • Peter Gilgen, Vice President, Treasurer of MPLX GP LLC
  • Timothy J. Aydt, Vice President, Operations of MPLX GP LLC

Who owns Mplx Lp stock?

Mplx Lp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Spirit of America Management Corp NY (0.19%), Private Capital Advisors Inc. (0.04%), Shikiar Asset Management Inc. (0.03%), Winslow Evans & Crocker Inc. (0.00%) and Schmidt P J Investment Management Inc. (0.00%). Company insiders that own Mplx Lp stock include C Corwin Bromley, Frank M Semple, Gary R Heminger, Gregory Scott Floerke, Nancy Buese, Paula L Rosson and Randy S Nickerson. View Institutional Ownership Trends for Mplx Lp.

Who sold Mplx Lp stock? Who is selling Mplx Lp stock?

Mplx Lp's stock was sold by a variety of institutional investors in the last quarter, including Private Capital Advisors Inc. and Winslow Evans & Crocker Inc.. Company insiders that have sold Mplx Lp stock in the last year include C Corwin Bromley, Frank M Semple, Gregory Scott Floerke and Randy S Nickerson. View Insider Buying and Selling for Mplx Lp.

Who bought Mplx Lp stock? Who is buying Mplx Lp stock?

Mplx Lp's stock was acquired by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, Shikiar Asset Management Inc. and Schmidt P J Investment Management Inc.. View Insider Buying and Selling for Mplx Lp.

How do I buy Mplx Lp stock?

Shares of Mplx Lp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mplx Lp's stock price today?

One share of Mplx Lp stock can currently be purchased for approximately $33.44.


MarketBeat Community Rating for Mplx Lp (NYSE MPLX)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  235 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  435
MarketBeat's community ratings are surveys of what our community members think about Mplx Lp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Mplx Lp (NYSE:MPLX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 11 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $41.67 (24.60% upside)
Consensus Price Target History for Mplx Lp (NYSE:MPLX)
Price Target History for Mplx Lp (NYSE:MPLX)
Analysts' Ratings History for Mplx Lp (NYSE:MPLX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017MizuhoReiterated RatingBuy$40.00N/AView Rating Details
10/19/2017Barclays PLCReiterated RatingBuy$39.00N/AView Rating Details
10/4/2017ScotiabankReiterated RatingBuy$44.00N/AView Rating Details
9/5/2017Stifel NicolausReiterated RatingBuy$43.00 -> $42.00MediumView Rating Details
8/28/2017Jefferies Group LLCLower Price TargetBuy$42.00 -> $41.00LowView Rating Details
7/28/2017Royal Bank Of CanadaReiterated RatingBuyLowView Rating Details
7/20/2017GuggenheimInitiated CoverageBuy -> Buy$40.00HighView Rating Details
4/3/2017Citigroup Inc.Boost Price TargetBuy$44.00 -> $45.00LowView Rating Details
3/2/2017FBR & CoReiterated RatingHoldN/AView Rating Details
3/1/2017Mitsubishi UFJ Financial GroupUpgradeNeutral -> Overweight$43.00N/AView Rating Details
1/10/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformN/AView Rating Details
12/8/2016Evercore ISIUpgradeHold -> Buy$27.00 -> $39.00N/AView Rating Details
10/31/2016Raymond James Financial, Inc.UpgradeMkt Perform -> Strong-Buy$42.00N/AView Rating Details
5/3/2016Ladenburg Thalmann Financial ServicesLower Price TargetBuy$50.00 -> $46.00N/AView Rating Details
4/29/2016Credit Suisse GroupUpgradeNeutral -> Outperform$35.00 -> $40.00N/AView Rating Details
3/23/2016Goldman Sachs Group, Inc. (The)Boost Price TargetBuy$30.00 -> $34.00N/AView Rating Details
3/15/2016Deutsche Bank AGReiterated RatingBuy$27.00 -> $34.00N/AView Rating Details
2/6/2016Bank of America CorporationReiterated RatingNeutral$38.00 -> $26.00N/AView Rating Details
2/4/2016Howard WeilLower Price TargetSector Outperform$51.00 -> $29.00N/AView Rating Details
12/4/2015J P Morgan Chase & CoLower Price Target$56.00 -> $49.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Mplx Lp (NYSE:MPLX)
Earnings by Quarter for Mplx Lp (NYSE:MPLX)
Earnings History by Quarter for Mplx Lp (NYSE MPLX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.26N/AView Earnings Details
7/27/2017Q2 2017$0.16$0.26$884.70 million$916.00 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.19$0.19$691.38 million$886.00 millionViewN/AView Earnings Details
2/1/2017Q416$0.23$0.17$687.77 million$714.00 millionViewListenView Earnings Details
10/27/2016Q316$0.17$0.21$654.87 million$703.00 millionViewListenView Earnings Details
7/28/2016Q216$0.28($0.11)$657.88 million$564.00 millionViewListenView Earnings Details
4/28/2016Q116$0.19($0.33)$613.90 million$609.00 millionViewListenView Earnings Details
2/3/2016Q415$0.32($0.14)$147.27 million$269.00 millionViewListenView Earnings Details
10/29/2015Q3$0.57$0.41$158.80 million$148.60 millionViewListenView Earnings Details
7/30/2015Q215$0.50$0.50$138.85 million$147.60 millionViewListenView Earnings Details
4/30/2015Q1$0.53$0.46$139.90 million$137.50 millionViewListenView Earnings Details
2/4/2015Q414$0.47$0.38$137.33 million$139.10 millionViewListenView Earnings Details
10/30/2014Q314$0.39$0.37$135.88 million$138.00 millionViewListenView Earnings Details
7/31/2014Q214$0.43$0.37$127.70 million$133.90 millionViewListenView Earnings Details
5/1/2014Q1$0.33$0.41$130.82 million$137.30 millionViewListenView Earnings Details
1/29/2014Q413$0.27$0.27$123.77 million$125.60 millionViewListenView Earnings Details
10/31/2013Q313$0.31$0.29$128.59 million$123.80 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.28$0.26$124.19 million$122.20 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.26$0.26$124.02 million$114.70 millionViewListenView Earnings Details
1/30/2013Q4 2012$0.24$0.18$115.32 million$128.30 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mplx Lp (NYSE:MPLX)
Current Year EPS Consensus Estimate: $1.03 EPS
Next Year EPS Consensus Estimate: $1.71 EPS

Dividends

Current Dividend Information for Mplx Lp (NYSE:MPLX)
Most Recent Dividend:8/14/2017
Annual Dividend:$2.25
Dividend Yield:6.73%
Dividend Growth:25.30% (3 Year Average)
Payout Ratio:271.09% (Trailing 12 Months of Earnings)
218.45% (Based on This Year's Estimates)
131.58% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Mplx Lp (NYSE:MPLX)

Dividend History by Quarter for Mplx Lp (NYSE MPLX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017Quarterly$0.566.26%8/3/20178/7/20178/14/2017
4/26/2017Quarterly$0.546.08%5/4/20175/8/20175/15/2017
1/26/2017quarterly$0.525.44%2/2/20172/6/20172/14/2017
10/25/2016Quarterly$0.526.45%11/2/201611/4/201611/14/2016
7/22/2016quarterly$0.515.99%7/29/20168/2/20168/12/2016
4/20/2016quarterly$0.516.28%4/29/20165/3/20165/13/2016
1/26/2016quarterly$0.506.48%2/2/20162/4/20162/12/2016
10/20/2015Quarterly$0.4710/30/201511/3/201511/13/2015
7/21/2015$0.447/31/20158/4/20158/14/2015
4/21/2015quarterly$0.412.18%5/1/20155/5/20155/15/2015
1/21/2015quarterly$0.382.09%1/30/20152/3/20152/13/2015
10/21/2014quarterly$0.362.49%10/31/201411/4/201411/14/2014
7/22/2014quarterly$0.342.28%7/31/20148/4/20148/14/2014
4/22/2014quarterly$0.332.32%5/1/20145/5/20145/15/2014
1/24/2014quarterly$0.311/31/20142/4/20142/14/2014
10/22/2013quarterly$0.303.16%10/31/201311/4/201311/14/2013
7/23/2013quarterly$0.293.14%7/31/20138/2/20138/14/2013
5/2/2013quarterly$0.272.97%5/8/20135/10/20135/17/2013
1/28/2013quarterly$0.181/31/20132/4/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Mplx Lp (NYSE:MPLX)
Institutional Ownership Percentage: 63.16%
Insider Trades by Quarter for Mplx Lp (NYSE:MPLX)
Institutional Ownership by Quarter for Mplx Lp (NYSE:MPLX)
Insider Trades by Quarter for Mplx Lp (NYSE:MPLX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2017C Corwin BromleyVPSell5,000$34.65$173,250.00View SEC Filing  
9/14/2017C Corwin BromleyVPSell500$34.82$17,410.00View SEC Filing  
9/13/2017C Corwin BromleyVPSell2,500$34.50$86,250.00View SEC Filing  
6/12/2017Gary R HemingerCEOBuy9,000$33.26$299,340.00View SEC Filing  
3/15/2017Randy S NickersonVPSell15,000$36.20$543,000.00View SEC Filing  
2/15/2017Randy S NickersonVPSell15,000$38.61$579,150.00View SEC Filing  
1/24/2017Gregory Scott FloerkeCOOSell1,000$37.00$37,000.00View SEC Filing  
1/17/2017Randy S NickersonVPSell15,000$36.08$541,200.00View SEC Filing  
1/4/2017C Corwin BromleyVPSell2,500$36.00$90,000.00View SEC Filing  
1/4/2017Gregory Scott FloerkeCOOSell1,000$36.00$36,000.00View SEC Filing  
1/3/2017Gregory Scott FloerkeCOOSell1,000$35.00$35,000.00View SEC Filing  
12/27/2016Frank M SempleDirectorSell45,000$34.00$1,530,000.00View SEC Filing  
12/21/2016Randy S NickersonVPSell7,855$33.01$259,293.55View SEC Filing  
12/20/2016Randy S NickersonVPSell7,145$33.01$235,856.45View SEC Filing  
11/15/2016Randy S NickersonVPSell15,000$33.07$496,050.00View SEC Filing  
11/1/2016C Corwin BromleyVPSell10,000$34.52$345,200.00View SEC Filing  
10/31/2016Randy S NickersonVPSell15,000$34.03$510,450.00View SEC Filing  
10/27/2016Frank M SempleDirectorSell45,000$34.00$1,530,000.00View SEC Filing  
10/24/2016C Corwin BromleyVPSell5,000$32.02$160,100.00View SEC Filing  
10/12/2016Gregory Scott FloerkeCOOSell1,000$31.00$31,000.00View SEC Filing  
9/23/2016Nancy BueseCFOSell15,000$32.81$492,150.00View SEC Filing  
7/1/2016Paula L RossonCAOSell12,267$33.38$409,472.46View SEC Filing  
5/23/2016C Corwin BromleyVPSell2,500$34.00$85,000.00View SEC Filing  
5/23/2016Nancy BueseCFOSell5,000$34.00$170,000.00View SEC Filing  
4/11/2016C Corwin BromleyVPSell5,000$29.58$147,900.00View SEC Filing  
9/10/2015C. Richard WilsonDirectorBuy4,000$45.67$182,680.00View SEC Filing  
8/28/2015Timothy T GriffithCFOBuy1,000$50.26$50,260.00View SEC Filing  
8/27/2015Gary R HemingerCEOBuy17,450$48.72$850,164.00View SEC Filing  
8/20/2015Donald C TemplinVPBuy3,000$51.12$153,360.00View SEC Filing  
8/20/2015Timothy T GriffithCFOBuy1,000$51.34$51,340.00View SEC Filing  
12/12/2014Gary R HemingerCEOBuy9,300$61.40$571,020.00View SEC Filing  
3/11/2014C. Richard WilsonDirectorBuy3,000$49.42$148,260.00View SEC Filing  
5/21/2013C. Richard WilsonDirectorBuy3,000$38.46$115,380.00View SEC Filing  
10/31/2012David A DaberkoDirectorBuy10,000$22.00$220,000.00View SEC Filing  
10/31/2012Donald C TemplinCFOBuy15,000$22.00$330,000.00View SEC Filing  
10/31/2012Garry L PeifferPresidentBuy26,500$22.00$583,000.00View SEC Filing  
10/31/2012Gary R HemingerCEOBuy60,000$22.00$1,320,000.00View SEC Filing  
10/31/2012George P ShaffnerCOOBuy4,000$22.00$88,000.00View SEC Filing  
10/31/2012Timothy T GriffithVPBuy5,000$22.00$110,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Mplx Lp (NYSE:MPLX)
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Chart

Mplx Lp (MPLX) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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