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

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$32.20 -0.70 (-2.13 %)
(As of 12/19/2018 02:05 AM ET)
Previous Close$32.90
Today's Range$31.91 - $33.04
52-Week Range$31.60 - $39.38
Volume2.50 million shs
Average Volume1.70 million shs
Market Capitalization$26.76 billion
P/E Ratio30.38
Dividend Yield7.57%
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:MPLX
Previous Symbol
CUSIPN/A
Phone419-421-2414

Debt

Debt-to-Equity Ratio1.85
Current Ratio0.77
Quick Ratio0.70

Price-To-Earnings

Trailing P/E Ratio30.38
Forward P/E Ratio13.20
P/E Growth2.3

Sales & Book Value

Annual Sales$3.87 billion
Price / Sales6.61
Cash Flow$3.5230 per share
Price / Cash Flow9.14
Book Value$24.03 per share
Price / Book1.34

Profitability

EPS (Most Recent Fiscal Year)$1.06
Net Income$794 million
Net Margins27.99%
Return on Equity21.03%
Return on Assets7.70%

Miscellaneous

Employees4,300
Outstanding Shares794,080,000
Market Cap$26.76 billion
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 Friday, October 26th. Investors of record on Monday, November 5th will be paid a dividend of $0.6375 per share on Wednesday, November 14th. This represents a $2.55 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date of this dividend is Friday, November 2nd. This is an increase 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 earnings results on Thursday, November, 1st. The pipeline company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.04. The pipeline company earned $1.71 billion during the quarter, compared to analysts' expectations of $1.62 billion. Mplx had a return on equity of 21.03% and a net margin of 27.99%. Mplx's revenue was up 74.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 earnings per share. 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 7th 2019. View Earnings Estimates for Mplx.

What price target have analysts set for MPLX?

11 brokers have issued 12-month price objectives for Mplx's stock. Their predictions range from $35.00 to $45.00. On average, they expect Mplx's share price to reach $40.5833 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for Mplx.

What is the consensus analysts' recommendation for Mplx?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mplx.

Has Mplx been receiving favorable news coverage?

Media headlines about MPLX stock have trended somewhat positive on Wednesday, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mplx earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news articles about the pipeline company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Who are some of Mplx's key competitors?

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 65)
  • Mr. Michael J. Hennigan, Pres & Director of MPLX GP LLC (Age 59)
  • Ms. Pamela K. M. Beall, Exec. VP, CFO & Director of MPLX GP LLC (Age 62)
  • Mr. Gregory Scott Floerke, Exec. VP of Gathering & Processing - MPLX GP LLC (Age 55)
  • Mr. Timothy J. Aydt, VP of Operations - MPLX GP LLC (Age 54)

Who are Mplx's major shareholders?

Mplx's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (3.55%), Alps Advisors Inc. (3.20%), OppenheimerFunds Inc. (1.44%), Kayne Anderson Capital Advisors LP (1.36%), Brookfield Asset Management Inc. (0.93%) and JPMorgan Chase & Co. (0.77%). Company insiders that own Mplx stock include C Corwin Bromley, Frank M Semple, Gary R Heminger, Gregory Scott Floerke and Randy S Nickerson. 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 JPMorgan Chase & Co., Jennison Associates LLC, Bank of Montreal Can, Perella Weinberg Partners Capital Management LP, Cohen & Steers Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Deutsche Bank AG and Kayne Anderson Capital Advisors LP. View Insider Buying and Selling for Mplx.

Which major investors are buying Mplx stock?

MPLX stock was bought by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Virtus ETF Advisers LLC, Mirae Asset Global Investments Co. Ltd., Alps Advisors Inc., Tortoise Capital Advisors L.L.C., BP Capital Fund Advisors LLC, Virtus Alternative Investment Advisers Inc. and MetLife Investment Advisors 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 $32.20.

How big of a company is Mplx?

Mplx has a market capitalization of $26.76 billion and generates $3.87 billion in revenue each year. The pipeline company earns $794 million in net income (profit) each year or $1.06 on an earnings per share basis. Mplx employs 4,300 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:  366 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  674
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 12/19/2018 by MarketBeat.com Staff

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