NYSE:MPLX - Mplx Stock Price, Price Target & More

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$34.56 -0.65 (-1.85 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$34.56
Today's Range$34.52 - $35.55
52-Week Range$31.60 - $39.38
Volume1.30 million shs
Average Volume1.21 million shs
Market Capitalization$27.44 billion
P/E Ratio23.51
Dividend Yield7.15%
Beta1.28
Mplx logoMPLX LP owns, operates, develops, and acquires midstream energy infrastructure assets. It operates in two segments, Logistics and Storage, and Gathering and Processing segments. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids (NGLs); and gathering, transportation, and storage of crude oil and refined petroleum products. MPLX LP also engages in inland marine business, which transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Midwest and U.S. Gulf Coast regions through inland marine vessels. As of December 31, 2017, its assets included 1,613 miles and 2,360 miles of owned or leased and operated crude oil and product pipelines; partial ownership in 2,194 miles and 1,917 miles of crude oil and products pipelines; and a barge dock facility with approximately 78 thousand barrels per day (mbpd) of crude oil throughput capacity; crude oil and product storage facilities with approximately 18,642 thousands of barrels (mbbls) of available storage capacity. The company's assets also comprised 9 butane and propane storage caverns with approximately 2,755 mbbls of NGL storage capacity; 59 light products terminal facilities, 1 leased terminal, and partial ownership in 2 terminals, with a combined total shell capacity of approximately 23.8 million barrels; 18 tow boats and 232 barges; and gathering and processing infrastructure, with approximately 5.9 one billion cubic feet of natural gas per day (bcf/d) of gathering capacity, 8.0 bcf/d of natural gas processing capacity, and approximately 610 mbpd of fractionation capacity. MPLX GP LLC acts as the general partner of MPLX LP. MPLX LP was founded in 2012 and is based in Findlay, Ohio.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:MPLX
CUSIPN/A
Phone419-421-2414

Debt

Debt-to-Equity Ratio1.70
Current Ratio0.83
Quick Ratio0.76

Price-To-Earnings

Trailing P/E Ratio23.51
Forward P/E Ratio14.58
P/E Growth2.43

Sales & Book Value

Annual Sales$3.87 billion
Price / Sales7.10
Cash Flow$3.6884 per share
Price / Cash9.37
Book Value$24.03 per share
Price / Book1.44

Profitability

EPS (Most Recent Fiscal Year)$1.06
Net Income$794 million
Net Margins21.88%
Return on Equity10.43%
Return on Assets4.92%

Miscellaneous

Employees4,300
Outstanding Shares793,970,000
Market Cap$27,439.71

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 Thursday, April 26th. Investors of record on Monday, May 7th will be given a dividend of $0.6175 per share on Tuesday, May 15th. This represents a $2.47 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date of this dividend is Friday, May 4th. This is a positive change from Mplx's previous quarterly dividend of $0.61. View Mplx's Dividend History.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) announced its quarterly earnings data on Monday, April, 30th. The pipeline company reported $0.61 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.19. The pipeline company earned $1.42 billion during the quarter, compared to analyst estimates of $1.10 billion. Mplx had a return on equity of 10.43% and a net margin of 21.88%. The firm's revenue for the quarter was up 60.3% on a year-over-year basis. During the same quarter last year, the business posted $0.19 EPS. View Mplx's Earnings History.

When is Mplx's next earnings date?

Mplx is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Mplx.

What price target have analysts set for MPLX?

12 analysts have issued 1-year price objectives for Mplx's stock. Their forecasts range from $37.00 to $44.00. On average, they anticipate Mplx's share price to reach $41.3333 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Ratings 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 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Mplx's key competitors?

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 65)
  • Mr. Michael J. Hennigan, Pres & Director of MPLX GP LLC (Age 59)
  • Ms. Pamela K. M. Beall, Exec. VP, CFO & Director of MPLX GP LLC (Age 62)
  • Mr. Gregory Scott Floerke, Exec. VP of Gathering & Processing - MPLX GP LLC (Age 55)
  • Mr. Timothy J. Aydt, VP of Operations - MPLX GP LLC (Age 54)

Has Mplx been receiving favorable news coverage?

Media stories about MPLX stock have been trending somewhat negative recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Mplx earned a media sentiment score of -0.02 on Accern's scale. They also gave headlines about the pipeline company an impact score of 46.89 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Mplx's major shareholders?

Mplx's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.72%), Miller Howard Investments Inc. NY (0.46%), Spirit of America Management Corp NY (0.09%), Private Capital Advisors Inc. (0.02%), ELCO Management Co. LLC (0.01%) and Port Capital LLC (0.01%). Company insiders that own Mplx stock include C Corwin Bromley, Frank M Semple, Gary R Heminger, Gregory Scott Floerke, Nancy Buese and Randy S Nickerson. 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 Miller Howard Investments Inc. NY, Port Capital LLC and Catawba Capital Management VA. Company insiders that have sold Mplx company stock in the last year include C Corwin Bromley and Gregory Scott Floerke. 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 Bank of Montreal Can, Lucas Capital Management, Chicago Capital LLC, Spirit of America Management Corp NY, Steward Partners Investment Advisory LLC, Searle & CO., Cerebellum GP LLC and Northwest Wealth Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Mplx's stock price today?

One share of MPLX stock can currently be purchased for approximately $34.56.

How big of a company is Mplx?

Mplx has a market capitalization of $27.44 billion and generates $3.87 billion in revenue each year. The pipeline company earns $794 million in net income (profit) each year or $1.06 on an earnings per share basis. Mplx employs 4,300 workers across the globe.

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:  2.7 out of 5 (star star)
Outperform Votes:  321 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  596
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 7/22/2018 by MarketBeat.com Staff

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