Log in

NYSE:MPLX - Mplx Stock Price, Forecast & News

$10.85
-0.70 (-6.06 %)
(As of 03/29/2020 05:59 AM ET)
Today's Range
$10.38
Now: $10.85
$11.24
50-Day Range
$8.38
MA: $18.40
$24.02
52-Week Range
$6.87
Now: $10.85
$33.65
Volume4.37 million shs
Average Volume7.72 million shs
Market Capitalization$11.48 billion
P/E Ratio9.12
Dividend Yield23.81%
Beta1.18
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. MPLX LP also engages in the inland marine business, which transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Midwest and Gulf Coast regions through inland marine vessels. The company's assets include approximately 8,000 miles of crude oil and refined product pipelines across 17 states; terminal facilities for refined petroleum products with a combined total shell capacity of approximately 23.7 million barrels primarily located in the Midwest, Gulf Coast, and Southeast regions; tank farm assets with a storage capacity of approximately 56 million barrels; and 48 rail and truck racks, 21 docks, and gasoline blenders. Its storage caverns consist of butane, propane, and liquefied petroleum gas storage with a combined capacity of 4,175 million barrels located in Neal, West Virginia; Woodhaven, Michigan; and Robinson, Illinois. The company's marine business owns and operates 23 boats, 256 barges, and third-party chartered equipment, as well as a marine repair facility located on the Ohio River. 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 is a subsidiary of Marathon Petroleum Corporation.
Read More
Mplx logo

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$9.04 billion
Cash Flow$3.13 per share
Book Value$15.13 per share

Profitability

Net Income$1.03 billion

Miscellaneous

Employees6,200
Outstanding Shares1,058,420,000
Market Cap$11.48 billion
Next Earnings Date4/30/2020 (Confirmed)
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

How has Mplx's stock been impacted by COVID-19 (Coronavirus)?

Mplx's stock was trading at $15.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MPLX stock has decreased by 29.6% and is now trading at $10.85. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mplx?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mplx.

When is Mplx's next earnings date?

Mplx is scheduled to release its next quarterly earnings announcement on Thursday, April 30th 2020. View our earnings forecast for Mplx.

How can I listen to Mplx's earnings call?

Mplx will be holding an earnings conference call on Thursday, April 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) announced its quarterly earnings results on Wednesday, January, 29th. The pipeline company reported $0.55 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.61 by $0.06. The pipeline company earned $2.32 billion during the quarter, compared to the consensus estimate of $2.25 billion. Mplx had a net margin of 13.12% and a return on equity of 18.70%. The company's revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.52 earnings per share. View Mplx's earnings history.

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

Mplx declared a quarterly dividend on Thursday, January 23rd. Shareholders of record on Tuesday, February 4th will be paid a dividend of $0.688 per share on Friday, February 14th. This represents a $2.75 annualized dividend and a yield of 25.36%. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from Mplx's previous quarterly dividend of $0.68. View Mplx's dividend history.

What price target have analysts set for MPLX?

15 Wall Street analysts have issued 1 year target prices for Mplx's stock. Their forecasts range from $20.00 to $36.00. On average, they anticipate Mplx's share price to reach $28.67 in the next twelve months. This suggests a possible upside of 164.2% from the stock's current price. View analysts' price targets for Mplx.

Has Mplx been receiving favorable news coverage?

Press coverage about MPLX stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of 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 negative five to five, with scores nearest to five being the most favorable. Mplx earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutMplx.

Are investors shorting Mplx?

Mplx saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 23,632,500 shares, an increase of 16.1% from the February 27th total of 20,350,000 shares. Based on an average trading volume of 4,120,000 shares, the short-interest ratio is presently 5.7 days. Currently, 6.1% of the company's shares 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 following 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)

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 many different institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (3.97%), Alps Advisors Inc. (2.94%), Goldman Sachs Group Inc. (2.48%), Kayne Anderson Capital Advisors LP (1.01%), Brookfield Public Securities Group LLC (0.99%) and CIBC Private Wealth Group LLC (0.90%). Company insiders that own Mplx stock include Garry L Peiffer and Gary R Heminger. 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 Goldman Sachs Group Inc., Tortoise Capital Advisors L.L.C., Salient Capital Advisors LLC, Eagle Global Advisors LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Bank of Montreal Can, Chickasaw Capital Management LLC, and Kayne Anderson Capital Advisors LP. View insider buying and selling activity for Mplx.

Which institutional investors are buying Mplx stock?

MPLX stock was purchased by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Magnetar Financial LLC, Americana Partners LLC, California Public Employees Retirement System, Amundi Pioneer Asset Management Inc., Delphi Financial Group Inc., Castleark Management LLC, and Adams Asset Advisors 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 activity 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 $10.85.

How big of a company is Mplx?

Mplx has a market capitalization of $11.48 billion and generates $9.04 billion in revenue each year. The pipeline company earns $1.03 billion in net income (profit) each year or $2.32 on an earnings per share basis. Mplx employs 6,200 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:  505 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  922
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 3/29/2020 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