Mplx Lp Company Profile (NYSE:MPLX)

About Mplx Lp (NYSE:MPLX)

Mplx Lp logoMPLX LP is a master limited partnership (MLP) formed by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy infrastructure assets. The Company is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids (NGLs), and the gathering, transportation and storage of crude oil and refined petroleum products. Its segments are Logistics and Storage (L&S), and Gathering and Processing (G&P). The L&S segment includes transportation and storage of crude oil, refined products and other hydrocarbon-based products. As of December 31, 2016, the G&P segment operated various natural gas gathering systems that had a combined 5,439 million cubic feet per day (mmcf/d) throughput capacity. As of December 31, 2016, its assets included infrastructure to support MPC, including approximately 2,900 miles of crude oil and refined product pipelines across nine states.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Symbol: NYSE:MPLX
  • CUSIP: N/A
  • Web:
  • Market Cap: $12.76 billion
  • Outstanding Shares: 374,754,000
Average Prices:
  • 50 Day Moving Avg: $35.67
  • 200 Day Moving Avg: $35.42
  • 52 Week Range: $30.09 - $39.43
  • Trailing P/E Ratio: 70.21
  • Foreward P/E Ratio: 22.85
  • P/E Growth: 2.06
Sales & Book Value:
  • Annual Revenue: $2.9 billion
  • Price / Sales: 4.40
  • Book Value: $26.21 per share
  • Price / Book: 1.30
  • Annual Dividend: $2.08
  • Dividend Yield: 6.2%
  • EBIDTA: $1.39 billion
  • Net Margins: 7.22%
  • Return on Equity: 3.24%
  • Return on Assets: 1.96%
  • Debt-to-Equity Ratio: 0.43%
  • Current Ratio: 1.02%
  • Quick Ratio: 0.95%
  • Average Volume: 1.19 million shs.
  • Beta: 1.37
  • Short Ratio: 13.17

Frequently Asked Questions for Mplx Lp (NYSE:MPLX)

What is Mplx Lp's stock symbol?

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

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

Mplx Lp declared a quarterly dividend on Wednesday, April 26th. Shareholders of record on Monday, May 8th will be paid a dividend of $0.54 per share on Monday, May 15th. This represents a $2.16 annualized dividend and a yield of 6.34%. The ex-dividend date is Thursday, May 4th. This is an increase from Mplx Lp's previous quarterly dividend of $0.52. View Mplx Lp's Dividend History.

How were Mplx Lp's earnings last quarter?

Mplx Lp (NYSE:MPLX) announced its quarterly earnings results on Thursday, April, 27th. The company reported $0.19 EPS for the quarter, hitting analysts' consensus estimates of $0.19. The firm earned $886 million during the quarter, compared to analysts' expectations of $691.38 million. Mplx Lp had a return on equity of 3.24% and a net margin of 7.22%. The company's revenue for the quarter was up 37.4% compared to the same quarter last year. During the same quarter last year, the company earned ($0.33) earnings per share. View Mplx Lp's Earnings History.

Where is Mplx Lp's stock going? Where will Mplx Lp's stock price be in 2017?

10 equities research analysts have issued twelve-month price targets for Mplx Lp's shares. Their forecasts range from $38.00 to $47.00. On average, they anticipate Mplx Lp's share price to reach $42.67 in the next year. View Analyst Ratings for Mplx Lp.

Who are some of Mplx Lp's key competitors?

Who owns Mplx Lp stock?

Mplx Lp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Kayne Anderson Capital Advisors LP (3.53%), Morgan Stanley (3.51%), OppenheimerFunds Inc. (3.40%), Center Coast Capital Advisors LP (2.51%), Atlantic Trust Group LLC (1.84%) and Bank of America Corp DE (1.65%). Company insiders that own Mplx Lp stock include C Corwin Bromley, C Richard Wilson, Donald C Templin, Frank M Semple, Gary R Heminger, Gregory Scott Floerke, Nancy Buese, Paula L Rosson, Randy S Nickerson and Timothy T Griffith. View Institutional Ownership Trends for Mplx Lp.

Who sold Mplx Lp stock? Who is selling Mplx Lp stock?

Mplx Lp's stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Morgan Stanley, Bank of Montreal Can, NGP MR Management LLC, M&R Follow On Fund Management LP, Renaissance Technologies LLC, FMR LLC and OppenheimerFunds Inc.. Company insiders that have sold Mplx Lp stock in the last year include C Corwin Bromley, Frank M Semple, Gregory Scott Floerke, Nancy Buese, Paula L Rosson and Randy S Nickerson. View Insider Buying and Selling for Mplx Lp.

Who bought Mplx Lp stock? Who is buying Mplx Lp stock?

Mplx Lp's stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Neuberger Berman Group LLC, Eagle Global Advisors LLC, American International Group Inc., Kayne Anderson Capital Advisors LP, Global X Management Co. LLC, JPMorgan Chase & Co. and Atlantic Trust Group LLC. Company insiders that have bought Mplx Lp stock in the last two years include C Richard Wilson, Donald C Templin, Gary R Heminger and Timothy T Griffith. View Insider Buying and Selling for Mplx Lp.

How do I buy Mplx Lp stock?

Shares of Mplx Lp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Mplx Lp stock cost?

One share of Mplx Lp stock can currently be purchased for approximately $34.05.

Analyst Ratings

Consensus Ratings for Mplx Lp (NYSE:MPLX) (?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $42.67 (25.31% upside)

Analysts' Ratings History for Mplx Lp (NYSE:MPLX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/19/2017Jefferies Group LLCReiterated RatingBuy$44.00LowView Rating Details
4/3/2017Citigroup IncBoost Price TargetBuy$44.00 -> $45.00LowView Rating Details
3/17/2017Royal Bank of CanadaReiterated RatingBuy$47.00LowView Rating Details
3/2/2017FBR & CoReiterated RatingHoldN/AView Rating Details
3/1/2017Mitsubishi UFJ Financial GroupUpgradeNeutral -> Overweight$43.00N/AView Rating Details
2/2/2017Barclays PLCBoost Price TargetOverweight$42.00 -> $44.00N/AView Rating Details
1/10/2017Wells Fargo & CoUpgradeMarket Perform -> OutperformN/AView Rating Details
1/4/2017MizuhoUpgradeNeutral -> Buy$37.00 -> $42.00N/AView Rating Details
12/8/2016Evercore ISIUpgradeHold -> Buy$27.00 -> $39.00N/AView Rating Details
10/31/2016Raymond James Financial, Inc.UpgradeMkt Perform -> Strong-Buy$42.00N/AView Rating Details
5/3/2016Ladenburg Thalmann Financial ServicesLower Price TargetBuy$50.00 -> $46.00N/AView Rating Details
4/29/2016Credit Suisse Group AGUpgradeNeutral -> Outperform$35.00 -> $40.00N/AView Rating Details
4/29/2016Stifel NicolausUpgradeHold -> Buy$36.00N/AView Rating Details
3/23/2016Goldman Sachs Group IncBoost Price TargetBuy$30.00 -> $34.00N/AView Rating Details
3/15/2016Deutsche Bank AGReiterated RatingBuy$27.00 -> $34.00N/AView Rating Details
2/6/2016Bank of America CorpReiterated RatingNeutral$38.00 -> $26.00N/AView Rating Details
2/5/2016ScotiabankReiterated RatingSector Outperform$51.00 -> $29.00N/AView Rating Details
2/4/2016Howard WeilLower Price TargetSector Outperform$51.00 -> $29.00N/AView Rating Details
12/4/2015JPMorgan Chase & Co.Lower Price Target$56.00 -> $49.00N/AView Rating Details
7/16/2015Evercore Partners Inc.Reiterated RatingHold -> Sell$80.00 -> $55.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Mplx Lp (NYSE:MPLX)
Earnings by Quarter for Mplx Lp (NYSE:MPLX)
Earnings History by Quarter for Mplx Lp (NYSE:MPLX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$0.19$0.19$691.38 million$886.00 millionViewN/AView Earnings Details
2/1/2017Q416$0.23$0.17$687.77 million$714.00 millionViewListenView Earnings Details
10/27/2016Q316$0.17$0.21$654.87 million$703.00 millionViewListenView Earnings Details
7/28/2016Q216$0.28($0.11)$657.88 million$564.00 millionViewListenView Earnings Details
4/28/2016Q116$0.19($0.33)$613.90 million$609.00 millionViewListenView Earnings Details
2/3/2016Q415$0.32($0.14)$147.27 million$269.00 millionViewListenView Earnings Details
10/29/2015Q3$0.57$0.41$158.80 million$148.60 millionViewListenView Earnings Details
7/30/2015Q215$0.50$0.50$138.85 million$147.60 millionViewListenView Earnings Details
4/30/2015Q1$0.53$0.46$139.90 million$137.50 millionViewListenView Earnings Details
2/4/2015Q414$0.47$0.38$137.33 million$139.10 millionViewListenView Earnings Details
10/30/2014Q314$0.39$0.37$135.88 million$138.00 millionViewListenView Earnings Details
7/31/2014Q214$0.43$0.37$127.70 million$133.90 millionViewListenView Earnings Details
5/1/2014Q1$0.33$0.41$130.82 million$137.30 millionViewListenView Earnings Details
1/29/2014Q413$0.27$0.27$123.77 million$125.60 millionViewListenView Earnings Details
10/31/2013Q313$0.31$0.29$128.59 million$123.80 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.28$0.26$124.19 million$122.20 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.26$0.26$124.02 million$114.70 millionViewListenView Earnings Details
1/30/2013Q4 2012$0.24$0.18$115.32 million$128.30 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Mplx Lp (NYSE:MPLX)
Current Year EPS Consensus Estimate: $0.94 EPS
Next Year EPS Consensus Estimate: $1.49 EPS


Current Dividend Information for Mplx Lp (NYSE:MPLX)
Most Recent Dividend:5/15/2017
Annual Dividend:$2.08
Dividend Yield:6.11%
Dividend Growth:25.30% (3 Year Average)
Payout Ratio:-3,466.09% (Trailing 12 Months of Earnings)
221.28% (Based on This Year's Estimates)
139.60% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Mplx Lp (NYSE:MPLX)

Dividend History by Quarter for Mplx Lp (NYSE:MPLX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Mplx Lp (NYSE:MPLX)
Institutional Ownership Percentage: 67.94%
Insider Trades by Quarter for Mplx Lp (NYSE:MPLX)
Institutional Ownership by Quarter for Mplx Lp (NYSE:MPLX)
Insider Trades by Quarter for Mplx Lp (NYSE:MPLX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/15/2017Randy S NickersonVPSell15,000$36.20$543,000.00View SEC Filing  
2/15/2017Randy S NickersonVPSell15,000$38.61$579,150.00View SEC Filing  
1/24/2017Gregory Scott FloerkeCOOSell1,000$37.00$37,000.00View SEC Filing  
1/17/2017Randy S NickersonVPSell15,000$36.08$541,200.00View SEC Filing  
1/4/2017C Corwin BromleyVPSell2,500$36.00$90,000.00View SEC Filing  
1/4/2017Gregory Scott FloerkeCOOSell1,000$36.00$36,000.00View SEC Filing  
1/3/2017Gregory Scott FloerkeCOOSell1,000$35.00$35,000.00View SEC Filing  
12/27/2016Frank M SempleDirectorSell45,000$34.00$1,530,000.00View SEC Filing  
12/21/2016Randy S NickersonVPSell7,855$33.01$259,293.55View SEC Filing  
12/20/2016Randy S NickersonVPSell7,145$33.01$235,856.45View SEC Filing  
11/15/2016Randy S NickersonVPSell15,000$33.07$496,050.00View SEC Filing  
11/1/2016C Corwin BromleyVPSell10,000$34.52$345,200.00View SEC Filing  
10/31/2016Randy S NickersonVPSell15,000$34.03$510,450.00View SEC Filing  
10/27/2016Frank M SempleDirectorSell45,000$34.00$1,530,000.00View SEC Filing  
10/24/2016C Corwin BromleyVPSell5,000$32.02$160,100.00View SEC Filing  
10/12/2016Gregory Scott FloerkeCOOSell1,000$31.00$31,000.00View SEC Filing  
9/23/2016Nancy BueseCFOSell15,000$32.81$492,150.00View SEC Filing  
7/1/2016Paula L RossonCAOSell12,267$33.38$409,472.46View SEC Filing  
5/23/2016C Corwin BromleyVPSell2,500$34.00$85,000.00View SEC Filing  
5/23/2016Nancy BueseCFOSell5,000$34.00$170,000.00View SEC Filing  
4/11/2016C Corwin BromleyVPSell5,000$29.58$147,900.00View SEC Filing  
9/10/2015C. Richard WilsonDirectorBuy4,000$45.67$182,680.00View SEC Filing  
8/28/2015Timothy T GriffithCFOBuy1,000$50.26$50,260.00View SEC Filing  
8/27/2015Gary R HemingerCEOBuy17,450$48.72$850,164.00View SEC Filing  
8/20/2015Donald C TemplinVPBuy3,000$51.12$153,360.00View SEC Filing  
8/20/2015Timothy T GriffithCFOBuy1,000$51.34$51,340.00View SEC Filing  
12/12/2014Gary R HemingerCEOBuy9,300$61.40$571,020.00View SEC Filing  
3/11/2014C. Richard WilsonDirectorBuy3,000$49.42$148,260.00View SEC Filing  
5/21/2013C. Richard WilsonDirectorBuy3,000$38.46$115,380.00View SEC Filing  
10/31/2012David A DaberkoDirectorBuy10,000$22.00$220,000.00View SEC Filing  
10/31/2012Donald C TemplinCFOBuy15,000$22.00$330,000.00View SEC Filing  
10/31/2012Garry L PeifferPresidentBuy26,500$22.00$583,000.00View SEC Filing  
10/31/2012Gary R HemingerCEOBuy60,000$22.00$1,320,000.00View SEC Filing  
10/31/2012George P ShaffnerCOOBuy4,000$22.00$88,000.00View SEC Filing  
10/31/2012Timothy T GriffithVPBuy5,000$22.00$110,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Mplx Lp (NYSE:MPLX)
Latest Headlines for Mplx Lp (NYSE:MPLX)
DateHeadline logoZacks Investment Research Upgrades Mplx Lp (MPLX) to Hold - May 18 at 2:50 PM logoETFs with exposure to MPLX LP : May 16, 2017 - May 16 at 6:24 PM logoMplx Lp (MPLX) Downgraded by Zacks Investment Research to Sell - May 13 at 2:44 PM logoMplx Lp (MPLX) Receives Average Recommendation of "Buy" from Analysts - May 12 at 8:48 AM logoSohn Investment Conference 2017: Live Blog - May 8 at 12:29 PM logo15 Straight Dividend Hikes, Raised Guidance Again, Major Earnings Growth, 12% Upside - May 7 at 9:21 AM logoETFs with exposure to MPLX LP : May 5, 2017 - May 5 at 6:56 PM logoMPLX Shares Cross Below 200 DMA - May 4 at 6:43 PM logoMPLX LP : MPLX-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017 - May 4 at 6:43 PM logoMPLX LP :MPLX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 4, 2017 - May 4 at 11:33 AM logoEdited Transcript of MPLX earnings conference call or presentation 27-Apr-17 3:00pm GMT - May 3 at 10:43 PM logoMPLX LP (MPLX) Ex-Dividend Date Scheduled for May 04, 2017 - Nasdaq - May 3 at 5:40 PM logoMplx Lp (MPLX) Stock Rating Upgraded by TheStreet - May 3 at 4:48 PM logoMplx Lp (MPLX) Earns Media Impact Score of 0.16 - May 2 at 5:04 PM logoEx-Dividend Reminder: Holly Energy Partners, MPLX and Crestwood Equity Partners - May 2 at 1:00 PM logoMplx Lp (MPLX) Announces Quarterly Earnings Results, Meets Expectations - May 1 at 9:54 PM logo10-Q: MARATHON PETROLEUM CORP - May 1 at 12:29 PM logoZacks: Analysts Anticipate Mplx Lp (MPLX) Will Post Quarterly Sales of $745.83 Million - April 30 at 7:54 AM logoMplx Lp (MPLX) Expected to Announce Earnings of $0.22 Per Share - April 29 at 1:18 AM logoMplx Lp (MPLX) Getting Positive Press Coverage, AlphaOne Reports - April 28 at 4:30 PM logoMPLX LP Reports First-Quarter 2017 Financial Results - Yahoo Finance - April 28 at 9:11 AM logoBRIEF-MPLX LP INCREASES QUARTERLY DISTRIBUTION - Reuters - April 28 at 9:11 AM logoBRIEF-MPLX qtrly total revenues and other income $886 mln Vs. $645 mln - April 27 at 7:09 PM logoMplx Lp (mplx) to Issue Dividend Increase - $0.54 Per Share - April 27 at 1:18 PM logoMarathon Petroleum Corporation: Marathon Petroleum Corporation Reports First-Quarter 2017 Results - April 27 at 9:40 AM logoMarathon Petroleum Corporation Reports First-Quarter 2017 Results - April 27 at 9:40 AM logoMPLX LP Reports First-Quarter 2017 Financial Results - April 27 at 9:40 AM logoMarathon Petroleum posts surprise profit as pipeline unit delivers - April 27 at 9:40 AM logoMPLX LP increases quarterly distribution - April 26 at 6:41 PM logoMplx Lp (MPLX) Receiving Favorable News Coverage, Analysis Finds - April 25 at 11:11 AM logoMplx Lp's (MPLX) "Buy" Rating Reaffirmed at Jefferies Group LLC - April 23 at 5:02 PM logoMplx Lp (MPLX) Earning Favorable News Coverage, Study Finds - April 22 at 12:53 PM logoImplied Volatility Surging for MPLX LP (MPLX) Stock Options - Nasdaq - April 21 at 9:50 AM logoImplied Volatility Surging for MPLX LP (MPLX) Stock Options - April 20 at 9:57 AM logoMplx Lp (MPLX) Receiving Positive Press Coverage, Analysis Finds - April 19 at 8:03 AM logoAntero Midstream Announces Appointment of John C. Mollenkopf to the Board of Directors of the General Partner - April 18 at 6:01 PM logoMplx Lp (MPLX) Given Average Rating of "Buy" by Analysts - April 17 at 12:40 PM logoMplx Lp (MPLX) Receiving Positive News Coverage, Report Finds - April 16 at 11:24 AM logoHigh-Dividend Stock Yields 10%, Strong Coverage, Earnings Growth, And Cash Flow Growth - April 15 at 9:14 AM logoAntero Midstream Partners Will Continue to Excel - April 11 at 6:34 PM logoZacks: Brokerages Anticipate Mplx Lp (MPLX) Will Announce Quarterly Sales of $762.03 Million - April 9 at 8:14 AM logo Analysts Anticipate Mplx Lp (MPLX) Will Post Earnings of $0.20 Per Share - April 7 at 6:32 PM logoMPLX LP breached its 50 day moving average in a Bullish Manner : MPLX-US : April 5, 2017 - April 7 at 11:16 AM logoMPLX LP Files SEC form 8-K, Unregistered Sale of Equity Securities - April 3 at 5:54 PM logoCitigroup Inc Reiterates Buy Rating for Mplx Lp (MPLX) - April 3 at 3:13 PM logoMplx Lp (MPLX) Receives Average Rating of "Buy" from Brokerages - March 21 at 12:01 PM logoMLP Monthly: March 2017 - March 20 at 4:48 PM logoMarathon Petroleum Corp. and MPLX LP announce executive retirement - March 15 at 6:50 PM logoMPLX LP: Marathon Petroleum Corp. drops down terminal, pipeline and storage assets to MPLX for $2 billion - March 2 at 11:52 PM logoMPLX LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of A - March 2 at 6:49 PM



Mplx Lp (MPLX) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff