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GE   67.44 (-0.15%)
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PYPL   93.83 (+1.12%)
PFE   44.12 (-0.76%)
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BABA   84.39 (+0.33%)
AMD   67.94 (+0.06%)
T   15.93 (-0.99%)
MU   54.73 (+1.43%)
CGC   3.07 (-2.23%)
F   12.51 (+1.21%)
GE   67.44 (-0.15%)
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NYSE:MPLX

Mplx - MPLX Stock Forecast, Price & News

$31.46
+0.02 (+0.06%)
(As of 10/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$31.00
$31.85
50-Day Range
$28.56
$33.59
52-Week Range
$27.47
$35.49
Volume
2.03 million shs
Average Volume
2.01 million shs
Market Capitalization
$31.85 billion
P/E Ratio
10.05
Dividend Yield
8.97%
Price Target
$36.86

Mplx MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
17.2% Upside
$36.86 Price Target
Short Interest
Bearish
4.93% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.45mentions of Mplx in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.13%
From $3.28 to $3.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Oils/Energy Sector

186th out of 250 stocks

Pipelines, Except Natural Gas Industry

10th out of 14 stocks

MPLX stock logo

About Mplx (NYSE:MPLX) Stock

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. 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, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

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MPLX Stock News Headlines

When Will This Pain End? - Seeking Alpha
Bank of America Lowers Mplx (NYSE:MPLX) to Underperform
Mplx (NYSE:MPLX) Cut to Underperform at Bank Of America (Bofa)
Here's Why MPLX is an Attractive Investment Bet Right Now
Bet on 3 Midstream Stocks as Energy Market Remains Volatile
See More Headlines
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MPLX Company Calendar

Last Earnings
8/02/2022
Ex-Dividend for 8/12 Dividend
8/04/2022
Dividend Payable
8/12/2022
Today
10/05/2022
Next Earnings (Confirmed)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Fax
N/A
Employees
5,836
Year Founded
2012

Price Target and Rating

Average Stock Price Forecast
$36.86
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+17.2%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$3.08 billion
Pretax Margin
31.09%

Debt

Sales & Book Value

Annual Sales
$10.03 billion
Cash Flow
$4.51 per share
Book Value
$11.22 per share

Miscellaneous

Outstanding Shares
1,012,304,000
Free Float
N/A
Market Cap
$31.85 billion
Optionable
Optionable
Beta
1.48

Social Links


Key Executives

  • Mr. Michael J. Hennigan (Age 63)
    Chairman, Pres & CEO of MPLX GP LLC
    Comp: $6.55M
  • Mr. John J. Quaid (Age 50)
    Exec. VP, CFO & Director of MPLX GP LLC
    Comp: $1.33M
  • Mr. Gregory Scott FloerkeMr. Gregory Scott Floerke (Age 59)
    Exec. VP & COO of MPLX GP LLC
    Comp: $1.34M
  • Ms. Suzanne Gagle (Age 56)
    Gen. Counsel of MPLX GP LLC
    Comp: $1.8M
  • Mr. Timothy J. Aydt (Age 58)
    Exec. VP of MPLX GP LLC
    Comp: $1.28M
  • Mr. Shawn M. Lyon (Age 54)
    VP of Operations - MPLX GP LLC
  • Ms. Kelly D. Wright (Age 39)
    VP, Controller & Principal Accounting Officer of MPLX GP LLC
  • Ms. Kristina Anna Kazarian (Age 39)
    VP of Investor Relations - MPLX GP LLC
  • Ms. Molly R. Benson (Age 55)
    VP, Chief Securities, Governance & Compliance Officer and Corp. Sec. of MPLX GP LLC
  • Mr. Phillip M. Anderson Jr. (Age 56)
    Sr. VP of Bus. Devel. of MPLX GP LLC













MPLX Stock - Frequently Asked Questions

Should I buy or sell Mplx stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MPLX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MPLX, but not buy additional shares or sell existing shares.
View MPLX analyst ratings
or view top-rated stocks.

What is Mplx's stock price forecast for 2022?

8 Wall Street research analysts have issued twelve-month price objectives for Mplx's stock. Their MPLX share price forecasts range from $34.00 to $40.00. On average, they anticipate the company's stock price to reach $36.86 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price.
View analysts price targets for MPLX
or view top-rated stocks among Wall Street analysts.

How have MPLX shares performed in 2022?

Mplx's stock was trading at $29.59 at the beginning of the year. Since then, MPLX stock has increased by 6.3% and is now trading at $31.46.
View the best growth stocks for 2022 here
.

When is Mplx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our MPLX earnings forecast
.

How can I listen to Mplx's earnings call?

Mplx will be holding an earnings conference call on Tuesday, November 1st at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) announced its quarterly earnings data on Tuesday, August, 2nd. The pipeline company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.02. The pipeline company earned $2.94 billion during the quarter, compared to the consensus estimate of $2.59 billion. Mplx had a net margin of 30.73% and a trailing twelve-month return on equity of 28.66%. The business's quarterly revenue was up 22.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.66 earnings per share.

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

Mplx declared a quarterly dividend on Tuesday, July 26th. Shareholders of record on Friday, August 5th will be paid a dividend of $0.705 per share on Friday, August 12th. This represents a $2.82 dividend on an annualized basis and a dividend yield of 8.96%. The ex-dividend date of this dividend is Thursday, August 4th.
Read our dividend analysis for MPLX
.

Is Mplx a good dividend stock?

Mplx (NYSE:MPLX) pays an annual dividend of $2.82 per share and currently has a dividend yield of 8.97%. MPLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 90.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MPLX will have a dividend payout ratio of 84.18% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MPLX.

What other stocks do shareholders of Mplx own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mplx investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), AT&T (T), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Altria Group (MO), New Residential Investment (NRZ), Kinder Morgan (KMI) and Cisco Systems (CSCO).

What is Mplx's stock symbol?

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

Who are Mplx's major shareholders?

Mplx's stock is owned by a number of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (0.68%) and AdvisorNet Financial Inc (0.00%). Insiders that own company stock include Frank M Semple and Gregory Scott Floerke.
View institutional ownership trends
.

How do I buy shares of Mplx?

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

What is Mplx's stock price today?

One share of MPLX stock can currently be purchased for approximately $31.46.

How much money does Mplx make?

Mplx (NYSE:MPLX) has a market capitalization of $31.85 billion and generates $10.03 billion in revenue each year. The pipeline company earns $3.08 billion in net income (profit) each year or $3.13 on an earnings per share basis.

How many employees does Mplx have?

The company employs 5,836 workers across the globe.

How can I contact Mplx?

Mplx's mailing address is 200 EAST HARDIN STREET, FINDLAY OH, 45840. The official website for the company is www.mplx.com. The pipeline company can be reached via phone at (419) 421-2414 or via email at lr@marathonpetroleum.com.

This page (NYSE:MPLX) was last updated on 10/5/2022 by MarketBeat.com Staff

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