Log in

NYSE:MPLX - Mplx Stock Price, Forecast & News

$24.19
+0.38 (+1.60 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$23.82
Now: $24.19
$24.23
50-Day Range
$22.76
MA: $24.92
$27.32
52-Week Range
$22.60
Now: $24.19
$35.85
Volume3.82 million shs
Average Volume2.25 million shs
Market Capitalization$25.60 billion
P/E Ratio10.56
Dividend Yield11.38%
Beta1.03
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. The company also provides fuels distribution services. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and transportation, storage, and distribution of crude oil and refined petroleum products. Read More…

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$3.41 per share
Book Value$8.64 per share

Profitability

Net Income$1.82 billion

Miscellaneous

Employees4,500
Outstanding Shares1,058,355,000
Market Cap$25.60 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

Receive MPLX News and Ratings via Email

Sign-up to receive the latest news and ratings for MPLX and its competitors with MarketBeat's FREE daily newsletter.


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 Friday, October 25th. Shareholders of record on Monday, November 4th will be paid a dividend of $0.6775 per share on Thursday, November 14th. This represents a $2.71 dividend on an annualized basis and a yield of 11.20%. The ex-dividend date of this dividend is Friday, November 1st. This is a positive change from Mplx's previous quarterly dividend of $0.44. View Mplx's Dividend History.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) issued its quarterly earnings results on Thursday, October, 31st. The pipeline company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.02. The pipeline company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.05 billion. Mplx had a return on equity of 21.25% and a net margin of 28.17%. The company's revenue was up 33.2% compared to the same quarter last year. During the same period last year, the firm earned $0.62 EPS. View Mplx's Earnings History.

When is Mplx's next earnings date?

Mplx is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Mplx.

What price target have analysts set for MPLX?

12 brokerages have issued 1 year target prices for Mplx's stock. Their forecasts range from $27.00 to $41.00. On average, they expect Mplx's share price to reach $34.27 in the next twelve months. This suggests a possible upside of 41.7% 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 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mplx.

Has Mplx been receiving favorable news coverage?

Headlines about MPLX stock have trended extremely negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mplx earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Mplx.

Are investors shorting Mplx?

Mplx saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 22,230,000 shares, an increase of 7.3% from the October 31st total of 20,720,000 shares. Based on an average daily trading volume, of 2,470,000 shares, the short-interest ratio is presently 9.0 days. Currently, 5.8% of the shares of the company are short sold. View Mplx's Current Options Chain.

Who are some of Mplx's key competitors?

What other stocks do shareholders of Mplx own?

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 number of of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (2.77%), Kayne Anderson Capital Advisors LP (1.07%), CIBC Private Wealth Group LLC (0.90%), Chickasaw Capital Management LLC (0.79%), Zimmer Partners LP (0.39%) and Northwestern Mutual Investment Management Company LLC (0.24%). Company insiders that own Mplx stock include Garry L Peiffer, Gary R Heminger and Gregory Scott Floerke. View Institutional Ownership Trends for Mplx.

Which institutional investors are selling Mplx stock?

MPLX stock was sold by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Miller Howard Investments Inc. NY, Castleark Management LLC, Conning Inc., Tiedemann Advisors LLC, Shikiar Asset Management Inc., BB&T Securities LLC and Cincinnati Insurance Co.. View Insider Buying and Selling for Mplx.

Which institutional investors are buying Mplx stock?

MPLX stock was bought by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Kayne Anderson Capital Advisors LP, Chickasaw Capital Management LLC, Alps Advisors Inc., Delphi Financial Group Inc., TPG Group Holdings SBS Advisors Inc., California Public Employees Retirement System and Northwestern Mutual Investment Management Company LLC. Company insiders that have bought Mplx stock in the last two years include Garry L Peiffer and Gary R Heminger. 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, Robinhood, Fidelity and Charles Schwab.

What is Mplx's stock price today?

One share of MPLX stock can currently be purchased for approximately $24.19.

How big of a company is Mplx?

Mplx has a market capitalization of $25.60 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.View Additional Information About Mplx.

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:  447 (Vote Outperform)
Underperform Votes:  369 (Vote Underperform)
Total Votes:  816
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 12/7/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel