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

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$34.80 -0.28 (-0.80 %)
(As of 10/16/2018 01:44 AM ET)
Previous Close$35.08
Today's Range$34.64 - $35.33
52-Week Range$31.60 - $39.38
Volume1.32 million shs
Average Volume1.67 million shs
Market Capitalization$27.54 billion
P/E Ratio33.20
Dividend Yield7.23%
Beta1.39
MPLX LP is a fee-based, growth-oriented limited partnership company. It is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids; and the gathering, transportation and storage of crude oil and refined petroleum products. The company operates through two segments: Logistics & Storage and Gathering & Processing. The Logistics and Storage segment includes transportation and storage of crude oil, refined products and other hydrocarbon-based products. The Gathering and Processing segment engages in gathering and processing of natural gas. MPLX was founded in March 27, 2012 and is headquartered in Findlay, OH.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:MPLX
CUSIPN/A
Phone(419) 421-2414

Debt

Debt-to-Equity Ratio1.71
Current Ratio0.61
Quick Ratio0.55

Price-To-Earnings

Trailing P/E Ratio33.20
Forward P/E Ratio15.06
P/E Growth2.5

Sales & Book Value

Annual Sales$3.87 billion
Price / Sales7.15
Cash Flow$3.6982 per share
Price / Cash9.41
Book Value$24.03 per share
Price / Book1.45

Profitability

EPS (Most Recent Fiscal Year)$1.06
Net Income$794 million
Net Margins24.22%
Return on Equity14.43%
Return on Assets6.04%

Miscellaneous

Employees4,300
Outstanding Shares794,030,000
Market Cap$27.54 billion

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 declared a quarterly dividend on Wednesday, July 25th. Shareholders of record on Monday, August 6th will be paid a dividend of $0.627 per share on Tuesday, August 14th. This represents a $2.51 dividend on an annualized basis and a yield of 7.21%. The ex-dividend date of this dividend is Friday, August 3rd. 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) released its quarterly earnings data on Thursday, July, 26th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by $0.02. The pipeline company had revenue of $1.58 billion for the quarter, compared to analysts' expectations of $1.31 billion. Mplx had a return on equity of 14.43% and a net margin of 24.22%. The company's revenue was up 72.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 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, October 25th 2018. View Earnings Estimates for Mplx.

What price target have analysts set for MPLX?

12 Wall Street analysts have issued 12 month target prices for Mplx's stock. Their forecasts range from $35.00 to $45.00. On average, they expect Mplx's share price to reach $40.9167 in the next year. This suggests a possible upside of 17.6% 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.

Are investors shorting Mplx?

Mplx saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 4,836,792 shares, a drop of 32.6% from the August 15th total of 7,181,364 shares. Based on an average daily trading volume, of 1,301,600 shares, the short-interest ratio is currently 3.7 days. Approximately 1.7% of the company's shares are short sold. View Mplx's Current Options Chain.

Who are some of Mplx's key competitors?

Who are Mplx's key executives?

Mplx's management team includes the folowing people:
  • Gary R. Heminger, Chairman & Chief Executive Officer
  • Michael J. Hennigan, President & Director
  • Timothy J. Aydt, Vice President-Operations
  • Pamela K. M. Beall, Chief Financial Officer, Director & Executive VP
  • Molly R. Benson, Secretary, Chief Compliance Officer& VP

Who are Mplx's major shareholders?

Mplx's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.64%), Spirit of America Management Corp NY (0.09%), Private Capital Advisors Inc. (0.02%), MAI Capital Management (0.01%), Walnut Private Equity Partners LLC (0.01%) and Parkside Financial Bank & Trust (0.01%). 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 Bank of Montreal Can, Private Capital Advisors Inc., Spirit of America Management Corp NY, Parkside Financial Bank & Trust and MAI Capital Management. 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 Walnut Private Equity Partners LLC and SL 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 $34.80.

How big of a company is Mplx?

Mplx has a market capitalization of $27.54 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:  349 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  648
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 10/16/2018 by MarketBeat.com Staff

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