NYSE:MPLX - Mplx Stock Price, News, & Analysis

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$33.14 -0.60 (-1.78 %)
(As of 03/25/2019 03:44 PM ET)
Previous Close$33.74
Today's Range$33.02 - $33.61
52-Week Range$28.32 - $39.01
Volume80,189 shs
Average Volume1.48 million shs
Market Capitalization$26.32 billion
P/E Ratio14.47
Dividend Yield7.68%
Beta1.3
MPLX LP owns, operates, develops, and acquires midstream energy infrastructure assets. It operates in two segments, Logistics and Storage, and Gathering and Processing segments. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids (NGLs); and gathering, transportation, and storage of crude oil and refined petroleum products. MPLX LP also engages in inland marine business, which transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Midwest and U.S. Gulf Coast regions through inland marine vessels. As of December 31, 2017, its assets included 1,613 miles and 2,360 miles of owned or leased and operated crude oil and product pipelines; partial ownership in 2,194 miles and 1,917 miles of crude oil and products pipelines; and a barge dock facility with approximately 78 thousand barrels per day (mbpd) of crude oil throughput capacity; crude oil and product storage facilities with approximately 18,642 thousands of barrels (mbbls) of available storage capacity. The company's assets also comprised 9 butane and propane storage caverns with approximately 2,755 mbbls of NGL storage capacity; 59 light products terminal facilities, 1 leased terminal, and partial ownership in 2 terminals, with a combined total shell capacity of approximately 23.8 million barrels; 18 tow boats and 232 barges; and gathering and processing infrastructure, with approximately 5.9 one billion cubic feet of natural gas per day (bcf/d) of gathering capacity, 8.0 bcf/d of natural gas processing capacity, and approximately 610 mbpd of fractionation capacity. MPLX GP LLC acts as the general partner of MPLX LP. MPLX LP was founded in 2012 and is based in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation

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Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone419-421-2414

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.43 billion
Cash Flow$3.2682 per share
Book Value$8.64 per share

Profitability

Net Income$1.82 billion

Miscellaneous

Employees4,500
Market Cap$26.32 billion
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

Mplx (NYSE:MPLX) Frequently Asked Questions

What is Mplx's stock symbol?

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

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

Mplx announced a quarterly dividend on Monday, January 28th. Stockholders of record on Tuesday, February 5th will be paid a dividend of $0.6475 per share on Thursday, February 14th. This represents a $2.59 dividend on an annualized basis and a dividend yield of 7.82%. The ex-dividend date of this dividend is Monday, February 4th. This is a positive change from Mplx's previous quarterly dividend of $0.64. View Mplx's Dividend History.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) posted its quarterly earnings data on Thursday, February, 7th. The pipeline company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by $0.16. The pipeline company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.72 billion. Mplx had a return on equity of 26.21% and a net margin of 28.30%. The business's revenue for the quarter was up 58.1% compared to the same quarter last year. During the same period last year, the business posted $0.31 EPS. View Mplx's Earnings History.

When is Mplx's next earnings date?

Mplx is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Mplx.

What price target have analysts set for MPLX?

12 Wall Street analysts have issued 1-year target prices for Mplx's shares. Their predictions range from $35.00 to $44.00. On average, they expect Mplx's share price to reach $39.90 in the next year. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Price Targets for Mplx.

What is the consensus analysts' recommendation for Mplx?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mplx.

Has Mplx been receiving favorable news coverage?

News headlines about MPLX stock have been trending positive on Monday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Mplx earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned media coverage about the pipeline company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the next few days.

Who are some of Mplx's key competitors?

What other stocks do shareholders of Mplx own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mplx investors own include Energy Transfer LP Unit (ET), AT&T (T), Enterprise Products Partners (EPD), Buckeye Partners (BPL), Blackstone Group (BX), Kinder Morgan (KMI), Pfizer (PFE), Verizon Communications (VZ), Johnson & Johnson (JNJ) and BP (BP).

Who are Mplx's key executives?

Mplx's management team includes the folowing people:
  • Mr. Gary R. Heminger, Chairman & CEO of MPLX GP LLC (Age 66)
  • Mr. Michael J. Hennigan, Pres & Director of MPLX GP LLC (Age 60)
  • Ms. Pamela K. M. Beall, Exec. VP, CFO & Director of MPLX GP LLC (Age 63)
  • Mr. John S. Swearingen, Exec. VP of Logistics & Storage of MPLX GP LLC (Age 60)
  • Mr. Gregory Scott Floerke, Exec. VP of Gathering & Processing of MPLX GP LLC (Age 56)

Who are Mplx's major shareholders?

Mplx's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (3.44%), Alps Advisors Inc. (3.43%), Harvest Fund Advisors LLC (1.39%), Kayne Anderson Capital Advisors LP (1.33%), Bank of America Corp DE (1.02%) and Chickasaw Capital Management LLC (0.85%). Company insiders that own Mplx stock include C Corwin Bromley, Gary R Heminger and Gregory Scott Floerke. View Institutional Ownership Trends for Mplx.

Which major investors are selling Mplx stock?

MPLX stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Tortoise Capital Advisors L.L.C., Miller Howard Investments Inc. NY, Dividend Assets Capital LLC, Eagle Global Advisors LLC, Kayne Anderson Capital Advisors LP, Cohen & Steers Inc. and FMR LLC. View Insider Buying and Selling for Mplx.

Which major investors are buying Mplx stock?

MPLX stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Alps Advisors Inc., Bank of Montreal Can, Chickasaw Capital Management LLC, Hsbc Holdings PLC, Zimmer Partners LP, Energy Income Partners LLC and HITE Hedge Asset Management LLC. View Insider Buying and Selling for Mplx.

How do I buy shares of Mplx?

Shares of MPLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mplx's stock price today?

One share of MPLX stock can currently be purchased for approximately $33.14.

How big of a company is Mplx?

Mplx has a market capitalization of $26.32 billion and generates $6.43 billion in revenue each year. The pipeline company earns $1.82 billion in net income (profit) each year or $2.29 on an earnings per share basis. Mplx employs 4,500 workers across the globe.

What is Mplx's official website?

The official website for Mplx is http://www.mplx.com.

How can I contact Mplx?

Mplx's mailing address is 200 EAST HARDIN STREET, FINDLAY OH, 45840. The pipeline company can be reached via phone at 419-421-2414 or via email at [email protected]


MarketBeat Community Rating for Mplx (NYSE MPLX)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  388 (Vote Outperform)
Underperform Votes:  319 (Vote Underperform)
Total Votes:  707
MarketBeat's community ratings are surveys of what our community members think about Mplx and other stocks. Vote "Outperform" if you believe MPLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MPLX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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