Mplx Stock Price, News & Analysis (NYSE:MPLX)

$30.06
+0.17 (+0.57 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$29.65
Now: $30.06
$30.22
50-Day Range
$26.1650
MA: $28.07
$30.11
52-Week Range
$25.85
Now: $30.06
$35.90
Volume3.93 million shs
Average Volume1.95 million shs
Market Capitalization$31.78 billion
P/E Ratio13.13
Dividend Yield8.97%
Beta1.11
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. Read More…

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$6.43 billion
Cash Flow$3.3624 per share
Book Value$8.64 per share

Profitability

Net Income$1.82 billion

Miscellaneous

Employees4,500
Outstanding Shares1,057,190,000
Market Cap$31.78 billion
Next Earnings Date10/31/2019 (Confirmed)
OptionableOptionable

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Mplx (NYSE:MPLX) Frequently Asked Questions

What is Mplx's stock symbol?

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

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

Mplx declared a quarterly dividend on Monday, July 22nd. Investors of record on Monday, August 5th will be given a dividend of $0.668 per share on Wednesday, August 14th. This represents a $2.67 annualized dividend and a yield of 8.89%. The ex-dividend date is Friday, August 2nd. This is an increase from Mplx's previous quarterly dividend of $0.44. View Mplx's Dividend History.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) posted its quarterly earnings results on Thursday, August, 1st. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.05. The pipeline company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.66 billion. Mplx had a return on equity of 27.94% and a net margin of 28.78%. The business's revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 earnings per share. View Mplx's Earnings History.

When is Mplx's next earnings date?

Mplx is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for Mplx.

How can I listen to Mplx's earnings call?

Mplx will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for MPLX?

12 Wall Street analysts have issued 1 year price objectives for Mplx's stock. Their predictions range from $32.00 to $41.00. On average, they anticipate Mplx's stock price to reach $35.5455 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View Analyst Price Targets for Mplx.

What is the consensus analysts' recommendation for Mplx?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mplx.

Has Mplx been receiving favorable news coverage?

Press coverage about MPLX stock has been trending somewhat negative this week, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mplx earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Mplx.

Are investors shorting Mplx?

Mplx saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 14,263,500 shares, a decline of 20.3% from the July 31st total of 17,890,100 shares. Based on an average daily trading volume, of 2,430,000 shares, the short-interest ratio is presently 5.9 days. Currently, 5.0% of the company's shares are sold short. 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 folowing 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)

Who are Mplx's major shareholders?

Mplx's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (3.49%), Tortoise Capital Advisors L.L.C. (3.17%), Invesco Ltd. (1.36%), Kayne Anderson Capital Advisors LP (1.10%), Brookfield Asset Management Inc. (1.08%) and Bank of America Corp DE (1.02%). Company insiders that own Mplx stock include Garry L Peiffer, Gary R Heminger 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 Bank of Montreal Can, Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, Miller Howard Investments Inc. NY, Salient Capital Advisors LLC, Natixis, Natixis and Bank of America Corp DE. View Insider Buying and Selling for Mplx.

Which institutional investors are buying Mplx stock?

MPLX stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Alps Advisors Inc., Brookfield Asset Management Inc., Zimmer Partners LP, Barings LLC, Wells Fargo & Company MN, Uniplan Investment Counsel Inc. and Nuveen Asset Management 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 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 $30.06.

How big of a company is Mplx?

Mplx has a market capitalization of $31.78 billion and generates $6.43 billion in revenue each year. The pipeline company earns $1.82 billion in net income (profit) each year or $2.29 on an earnings per share basis. Mplx employs 4,500 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:  2.8 out of 5 (star star)
Outperform Votes:  428 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  777
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 9/21/2019 by MarketBeat.com Staff

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