NYSE:MPLX Mplx - MPLX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Mplx Lp Please log in to your account or sign up in order to add this asset to your watchlist. $34.00 +0.40 (+1.19%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$33.07▼$34.1650-Day Range$33.59▼$35.1252-Week Range$27.47▼$35.49Volume1.31 million shsAverage Volume1.92 million shsMarket Capitalization$34.04 billionP/E Ratio9.07Dividend Yield9.12%Price Target$38.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Mplx MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside13.2% Upside$38.50 Price TargetShort InterestBearish3.97% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.88Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth4.61%From $3.47 to $3.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.27 out of 5 starsOils/Energy Sector133rd out of 248 stocksPipelines, Except Natural Gas Industry6th out of 11 stocks 3.2 Analyst's Opinion Consensus RatingMplx has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 5 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.50, Mplx has a forecasted upside of 13.2% from its current price of $34.00.Amount of Analyst CoverageMplx has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.97% of the float of Mplx has been sold short.Short Interest Ratio / Days to CoverMplx has a short interest ratio ("days to cover") of 7.6.Change versus previous monthShort interest in Mplx has recently increased by 10.41%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipMplx is a leading dividend payer. It pays a dividend yield of 9.17%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMplx has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Mplx is 82.67%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Mplx will have a dividend payout ratio of 85.40% in the coming year. This indicates that Mplx may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MPLX. Previous Next 2.7 News and Social Media Coverage News SentimentMplx has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Mplx this week, compared to 5 articles on an average week.Search InterestOnly 78 people have searched for MPLX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 26 people have added Mplx to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mplx insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 23.62% of the stock of Mplx is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Mplx are expected to grow by 4.61% in the coming year, from $3.47 to $3.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mplx is 9.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Mplx is 9.07, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 64.63.Price to Book Value per Share RatioMplx has a P/B Ratio of 2.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Mplx (NYSE:MPLX) StockMPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water. The Gathering and Processing segment gathers, processes, and transports natural gas, and gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs). The company was founded on March 27, 2012 and is headquartered in Findlay, OH.Read More Receive MPLX Stock 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. Email Address MPLX Stock News HeadlinesMarch 25, 2023 | americanbankingnews.comEquities Analysts Issue Forecasts for Mplx Lp's Q1 2023 Earnings (NYSE:MPLX)March 22, 2023 | americanbankingnews.comFY2023 EPS Estimates for Mplx Lp Increased by Zacks Research (NYSE:MPLX)March 26, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 17, 2023 | finance.yahoo.comMPLX LP (MPLX) Stock Moves -0.36%: What You Should KnowMarch 17, 2023 | americanbankingnews.comMplx (NYSE:MPLX) Upgraded at JPMorgan Chase & Co.March 16, 2023 | finance.yahoo.comHere is What to Know Beyond Why MPLX LP (MPLX) is a Trending StockMarch 16, 2023 | finance.yahoo.comMPLX LP 2022 K-1 tax packages now available on company websiteMarch 16, 2023 | finance.yahoo.com3 Midstream Energy Stocks to Gain Despite Prevailing UncertaintyMarch 26, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 9, 2023 | finance.yahoo.comMPLX LP (MPLX) Stock Moves -0.54%: What You Should KnowMarch 9, 2023 | finance.yahoo.comMPLX LP to Report First-Quarter Financial Results on May 2, 2023March 2, 2023 | finance.yahoo.comWhy Is MPLX LP (MPLX) Down 0.9% Since Last Earnings Report?February 23, 2023 | finance.yahoo.comMPLX LP files 2022 Form 10-KFebruary 2, 2023 | finance.yahoo.comMPLX LP prices $1.6 billion senior notes offeringFebruary 2, 2023 | finance.yahoo.comMPLX LP (NYSE:MPLX) Q4 2022 Earnings Call TranscriptJanuary 31, 2023 | finance.yahoo.comMPLX LP Reports Fourth-Quarter and Full-Year 2022 Financial ResultsJanuary 31, 2023 | finance.yahoo.comMPLX net income rises in fourth qtr, pipeline throughputs flatJanuary 31, 2023 | finance.yahoo.comUPDATE 1-MPLX net income rises in fourth qtr, pipeline throughputs flatJanuary 27, 2023 | finance.yahoo.comFactors to Pay Attention to Ahead of MPLX Q4 Earnings ReleaseJanuary 18, 2023 | finance.yahoo.comMPLX LP (MPLX) Stock Moves -0.85%: What You Should KnowJanuary 18, 2023 | finance.yahoo.comSupercharge Your Passive Income in 2023 With These Exceptional Dividend StocksDecember 28, 2022 | finance.yahoo.comTop Dividend Stock: MPLX Steals The Show With Jaw-Dropping 9.47% YieldDecember 21, 2022 | finance.yahoo.comImplied Volatility Surging for MPLX (MPLX) Stock OptionsDecember 21, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights DCP Midstream, MPLX and The Williams CompaniesDecember 20, 2022 | finance.yahoo.comMPLX LP (MPLX) Flat As Market Gains: What You Should KnowDecember 20, 2022 | finance.yahoo.com3 Midstream Stocks to Gain Despite Energy Market VolatilityDecember 19, 2022 | finance.yahoo.comMPLX LP (MPLX) is Attracting Investor Attention: Here is What You Should KnowSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MPLX Stock 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. Email Address MPLX Company Calendar Last Earnings1/31/2023Ex-Dividend for 2/14 Dividend2/03/2023Dividend Payable2/14/2023Today3/26/2023Next Earnings (Confirmed)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:MPLX CUSIPN/A CIK1552000 Webwww.mplx.com Phone(419) 421-2414FaxN/AEmployees5,811Year Founded2012Price Target and Rating Average Stock Price Forecast$38.50 High Stock Price Forecast$41.00 Low Stock Price Forecast$34.00 Forecasted Upside/Downside+13.2%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.75 Trailing P/E Ratio9.07 Forward P/E Ratio9.80 P/E GrowthN/ANet Income$3.94 billion Net Margins33.96% Pretax Margin34.32% Return on Equity30.16% Return on Assets9.91% Debt Debt-to-Equity Ratio1.58 Current Ratio0.79 Quick Ratio0.73 Sales & Book Value Annual Sales$11.61 billion Price / Sales2.93 Cash Flow$5.27 per share Price / Cash Flow6.45 Book Value$11.92 per share Price / Book2.85Miscellaneous Outstanding Shares1,001,040,000Free FloatN/AMarket Cap$34.04 billion OptionableOptionable Beta1.44 Social Links Key ExecutivesMichael J. HenniganChairman, President & Chief Executive OfficerGregory Scott FloerkeChief Operating Officer & Executive Vice PresidentJohn J. QuaidChief Financial Officer, Director & Executive VPMolly R. BensonSecretary, Chief Securities & Governance OfficerDavid R. HeppnerSenior Vice PresidentKey CompetitorsMagellan Midstream PartnersNYSE:MMPHF SinclairNYSE:DINOEnbridgeNYSE:ENBWilliams CompaniesNYSE:WMBCheniere EnergyNYSE:LNGView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 2,291 shares on 3/15/2023Ownership: 0.011%Mather Group LLC.Bought 7,131 shares on 3/10/2023Ownership: 0.001%Rockefeller Capital Management L.P.Bought 8,527 shares on 3/6/2023Ownership: 0.013%Parallax Volatility Advisers L.P.Sold 37,200 shares on 2/27/2023Ownership: 0.000%NatixisBought 1,174,790 shares on 2/24/2023Ownership: 0.222%View All Insider TransactionsView All Institutional Transactions MPLX Stock - Frequently Asked Questions Should I buy or sell Mplx stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 2 sell ratings, 3 hold ratings and 5 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 2023? 10 brokers have issued twelve-month price targets for Mplx's shares. Their MPLX share price forecasts range from $34.00 to $41.00. On average, they anticipate the company's share price to reach $38.50 in the next twelve months. This suggests a possible upside of 13.2% 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 2023? Mplx's stock was trading at $32.84 at the beginning of the year. Since then, MPLX stock has increased by 3.5% and is now trading at $34.00. View the best growth stocks for 2023 here. When is Mplx's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our MPLX earnings forecast. How can I listen to Mplx's earnings call? Mplx will be holding an earnings conference call on Tuesday, May 2nd 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) released its earnings results on Tuesday, January, 31st. The pipeline company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.84 by $0.06. The pipeline company had revenue of $2.66 billion for the quarter, compared to analysts' expectations of $2.62 billion. Mplx had a trailing twelve-month return on equity of 30.16% and a net margin of 33.96%. The firm's quarterly revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.78 earnings per share. How often does Mplx pay dividends? What is the dividend yield for Mplx? Mplx announced a quarterly dividend on Wednesday, January 11th. Stockholders of record on Monday, February 6th will be given a dividend of $0.775 per share on Tuesday, February 14th. This represents a $3.10 dividend on an annualized basis and a dividend yield of 9.12%. The ex-dividend date of this dividend is Friday, February 3rd. Read our dividend analysis for MPLX. What ETFs hold Mplx's stock? ETFs with the largest weight of Mplx (NYSE:MPLX) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), Global X MLP & Energy Infrastructure ETF (MLPX), VanEck Energy Income ETF (EINC), USCF Midstream Energy Income Fund (UMI), Alerian Energy Infrastructure ETF (ENFR) and FT Energy Income Partners Strategy ETF (EIPX). Is Mplx a good dividend stock? Mplx (NYSE:MPLX) pays an annual dividend of $3.10 per share and currently has a dividend yield of 9.17%. 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 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 82.67%. 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 85.40% 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 Moneta Group Investment Advisors LLC (6.95%), Alps Advisors Inc. (2.06%), Tortoise Capital Advisors L.L.C. (1.17%), Bank of America Corp DE (1.10%), Kayne Anderson Capital Advisors LP (0.65%) and Chickasaw Capital Management LLC (0.62%). 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 $34.00. How much money does Mplx make? Mplx (NYSE:MPLX) has a market capitalization of $34.04 billion and generates $11.61 billion in revenue each year. The pipeline company earns $3.94 billion in net income (profit) each year or $3.75 on an earnings per share basis. How many employees does Mplx have? The company employs 5,811 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 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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