S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13

Mplx Stock Forecast, Price & News

$29.13
-0.16 (-0.55%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$29.03
$30.06
50-Day Range
$28.47
$31.96
52-Week Range
$21.03
$32.26
Volume
1.76 million shs
Average Volume
2.11 million shs
Market Capitalization
$29.71 billion
P/E Ratio
10.75
Dividend Yield
9.63%
Beta
1.85
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Mplx logo

About Mplx

MPLX 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; gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs). The company was founded on March 27, 2012 and is headquartered in Findlay, OH.

Headlines

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Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Fax
N/A
Employees
5,700
Year Founded
2012

Sales & Book Value

Annual Sales
$7.57 billion
Cash Flow
$3.95 per share
Book Value
$11.85 per share

Profitability

Net Income
$-720 million
Pretax Margin
31.19%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,019,860,000
Free Float
N/A
Market Cap
$29.71 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/02/2021
Ex-Dividend
11/10/2021
Dividend Payable
11/19/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/01/2022

Social Links


MarketRank

Overall MarketRank

2.61 out of 5 stars

Oils/Energy Sector

57th out of 356 stocks

Pipelines, Except Natural Gas Industry

4th out of 21 stocks

Analyst Opinion: 1.4Community Rank: 4.8Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Mplx (NYSE:MPLX) Frequently Asked Questions

Is Mplx a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Mplx stock.
View analyst ratings for Mplx
or view top-rated stocks.

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

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. Since then, MPLX shares have increased by 89.0% and is now trading at $29.13.
View which stocks have been most impacted by COVID-19
.

When is Mplx's next earnings date?

Mplx is scheduled to release its next quarterly earnings announcement on Tuesday, February 1st 2022.
View our earnings forecast for Mplx
.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) issued its quarterly earnings data on Tuesday, November, 2nd. The pipeline company reported $0.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.03. The pipeline company had revenue of $2.56 billion for the quarter, compared to analysts' expectations of $2.23 billion. Mplx had a net margin of 30.79% and a trailing twelve-month return on equity of 24.02%. During the same quarter in the previous year, the company earned $0.61 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 Wednesday, November 3rd. Stockholders of record on Friday, November 12th will be paid a dividend of $0.705 per share on Friday, November 19th. This represents a $2.82 annualized dividend and a yield of 9.68%. The ex-dividend date of this dividend is Wednesday, November 10th. This is a positive change from Mplx's previous quarterly dividend of $0.69.
View Mplx's dividend history
.

Is Mplx a good dividend stock?

Mplx pays an annual dividend of $2.82 per share and currently has a dividend yield of 9.63%. MPLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Mplx 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 of Mplx is 104.06%. 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 91.26% in the coming year. This indicates that Mplx may not be able to sustain their current dividend.
View Mplx's dividend history.

What price target have analysts set for MPLX?

10 analysts have issued twelve-month target prices for Mplx's shares. Their forecasts range from $27.96 to $37.00. On average, they anticipate Mplx's stock price to reach $31.85 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts' price targets for Mplx
or view top-rated stocks among Wall Street analysts.

Who are Mplx's key executives?

Mplx's management team includes the following people:
  • Michael J. Hennigan, Chairman, President & Chief Executive Officer
  • Gregory Scott Floerke, Chief Operating Officer & Executive Vice President (LinkedIn Profile)
  • John J. Quaid, Chief Financial Officer & Executive Vice President
  • Molly R. Benson, Secretary, Chief Securities & Governance Officer
  • Pamela K. M. Beall, Director & Executive Vice President

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 many different institutional and retail investors. Top institutional investors include Invesco Ltd. (2.03%), Tortoise Capital Advisors L.L.C. (1.58%), Goldman Sachs Group Inc. (1.39%), Brookfield Asset Management Inc. (0.78%), Chickasaw Capital Management LLC (0.75%) and Kayne Anderson Capital Advisors LP (0.74%). Company insiders that own Mplx stock include Frank M Semple and Gregory Scott Floerke.
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 Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Tortoise Capital Advisors L.L.C., Goldman Sachs Group Inc., Invesco Ltd., Deutsche Bank AG, Cohen & Steers Inc., Citigroup Inc., and Chickasaw Capital Management LLC. Company insiders that have sold Mplx company stock in the last year include Frank M Semple, and Gregory Scott Floerke.
View insider buying and selling activity for Mplx
or view top insider-selling stocks.

Which institutional investors are buying Mplx stock?

MPLX stock was purchased by a variety of institutional investors in the last quarter, including Natixis, RR Advisors LLC, Chiron Investment Management LLC, ING Groep NV, CastleArk Alternatives LLC, Credit Suisse AG, Jump Financial LLC, and PPM America Inc. IL.
View insider buying and selling activity for Mplx
or or view top insider-buying stocks.

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 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 $29.13.

How much money does Mplx make?

Mplx has a market capitalization of $29.71 billion and generates $7.57 billion in revenue each year. The pipeline company earns $-720 million in net income (profit) each year or $2.71 on an earnings per share basis.

How many employees does Mplx have?

Mplx employs 5,700 workers across the globe.

When was Mplx founded?

Mplx was founded in 2012.

What is Mplx's official website?

The official website for Mplx is www.mplx.com.

Where are Mplx's headquarters?

Mplx is headquartered at 200 EAST HARDIN STREET, FINDLAY OH, 45840.

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].


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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