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S&P 500   3,852.36
DOW   32,920.46
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Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
NYSE:MPLX

Mplx - MPLX Stock Forecast, Price & News

$34.09
0.00 (0.00%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$34.02
$34.63
50-Day Range
$31.37
$34.95
52-Week Range
$27.47
$35.49
Volume
2.40 million shs
Average Volume
1.66 million shs
Market Capitalization
$34.20 billion
P/E Ratio
9.09
Dividend Yield
9.09%
Price Target
$37.93

Mplx MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
11.3% Upside
$37.93 Price Target
Short Interest
Bearish
4.78% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Mplx in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.90%
From $3.47 to $3.64 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Oils/Energy Sector

118th out of 237 stocks

Pipelines, Except Natural Gas Industry

6th out of 11 stocks

MPLX stock logo

About Mplx (NYSE:MPLX) Stock

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, 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.

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MPLX Stock News Headlines

Raymond James Boosts Mplx (NYSE:MPLX) Price Target to $41.00
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
MPLX LP prices $1.6 billion senior notes offering
MPLX LP (NYSE:MPLX) Q4 2022 Earnings Call Transcript
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Mplx (MPLX) Scheduled to Post Quarterly Earnings on Tuesday
MPLX LP (MPLX) Stock Moves -0.85%: What You Should Know
Implied Volatility Surging for MPLX (MPLX) Stock Options
MPLX LP (MPLX) Flat As Market Gains: What You Should Know
MPLX's Return On Capital Employed Insights
MPLX LP Reports Third-Quarter 2022 Financial Results
MPLX reports higher pipeline throughput for Q3 2022
See More Headlines
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MPLX Company Calendar

Ex-Dividend for 11/22 Dividend
11/14/2022
Dividend Payable
11/22/2022
Last Earnings
1/31/2023
Ex-Dividend for 2/14 Dividend
2/03/2023
Today
2/05/2023
Dividend Payable
2/14/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Fax
N/A
Employees
5,836
Year Founded
2012

Price Target and Rating

Average Stock Price Forecast
$37.93
High Stock Price Forecast
$41.00
Low Stock Price Forecast
$33.50
Forecasted Upside/Downside
+11.3%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$3.08 billion
Pretax Margin
34.22%

Debt

Sales & Book Value

Annual Sales
$11.61 billion
Cash Flow
$4.35 per share
Book Value
$11.22 per share

Miscellaneous

Outstanding Shares
1,003,240,000
Free Float
N/A
Market Cap
$34.20 billion
Optionable
Optionable
Beta
1.45

Social Links


Key Executives

  • Michael J. Hennigan
    Chairman, President & Chief Executive Officer
  • Gregory Scott FloerkeGregory Scott Floerke
    Chief Operating Officer & Executive Vice President
  • John J. Quaid
    Chief Financial Officer, Director & Executive VP
  • Molly R. Benson
    Secretary, Chief Securities & Governance Officer
  • David R. Heppner
    Senior Vice President













MPLX Stock - Frequently Asked Questions

Should I buy or sell Mplx stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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?

9 Wall Street research analysts have issued twelve-month price objectives for Mplx's shares. Their MPLX share price forecasts range from $33.50 to $41.00. On average, they expect the company's share price to reach $37.93 in the next year. This suggests a possible upside of 11.3% 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 3.8% and is now trading at $34.09.
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 were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) announced 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 30.32% and a net margin of 33.96%. Mplx's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period last year, the business earned $0.78 EPS.

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

Mplx declared 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 yield of 9.09%. The ex-dividend date of this dividend is Friday, February 3rd.
Read our dividend analysis for MPLX
.

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 9.09%. 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 85.16% 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 many different retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (0.62%), Miller Howard Investments Inc. NY (0.21%), Spirit of America Management Corp NY (0.04%), Americana Partners LLC (0.04%), Deroy & Devereaux Private Investment Counsel Inc. (0.02%) and U.S. Capital Wealth Advisors LLC (0.02%). 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 $34.09.

How much money does Mplx make?

Mplx (NYSE:MPLX) has a market capitalization of $34.20 billion and generates $11.61 billion in revenue each year. The pipeline company earns $3.08 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 5,836 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 2/5/2023 by MarketBeat.com Staff