NYSE:MPLX - Mplx Stock Price, News & Analysis

$27.64
+0.54 (+1.99 %)
(As of 08/19/2019 10:37 AM ET)
Today's Range
$27.31
Now: $27.6350
$27.90
50-Day Range
$26.1650
MA: $30.29
$32.51
52-Week Range
$25.85
Now: $27.6350
$37.73
Volume962,167 shs
Average Volume3.83 million shs
Market Capitalization$29.22 billion
P/E Ratio12.07
Dividend Yield10.06%
Beta1.13
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$3.4630 per share
Book Value$6.50 per share

Profitability

Net Income$1.82 billion

Miscellaneous

Employees4,500
Outstanding Shares1,057,190,000
Market Cap$29.22 billion
Next Earnings Date11/7/2019 (Estimated)
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. Stockholders 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 dividend yield of 9.76%. The ex-dividend date of this dividend 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) announced its earnings results on Thursday, August, 1st. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.05. The pipeline company earned $1.63 billion during the quarter, compared to analysts' expectations of $1.66 billion. Mplx had a return on equity of 27.94% and a net margin of 28.78%. The company's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the company posted $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, November 7th 2019. View Earnings Estimates for Mplx.

What price target have analysts set for MPLX?

10 Wall Street analysts have issued 1-year price targets for Mplx's shares. Their forecasts range from $33.00 to $41.00. On average, they anticipate Mplx's share price to reach $36.4444 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price. View Analyst Price Targets for Mplx.

What is the consensus analysts' recommendation for Mplx?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mplx.

Has Mplx been receiving favorable news coverage?

News stories about MPLX stock have been trending negative on Monday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Mplx earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned media coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Mplx.

Are investors shorting Mplx?

Mplx saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 17,890,100 shares, an increase of 51.2% from the June 30th total of 11,830,200 shares. Based on an average daily volume of 2,450,000 shares, the days-to-cover ratio is currently 7.3 days. Currently, 6.4% of the shares of the stock 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 many different of retail and institutional investors. Top institutional investors 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 C Corwin Bromley, 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, Bank of America Corp DE and Eagle Global Advisors LLC. View Insider Buying and Selling for Mplx.

Which institutional investors are buying Mplx stock?

MPLX stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Alps Advisors Inc., Brookfield Asset Management Inc., Zimmer Partners LP, Wells Fargo & Company MN, Uniplan Investment Counsel Inc., Nuveen Asset Management LLC and Russell Investments Group Ltd.. 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, Scottrade, Fidelity and Charles Schwab.

What is Mplx's stock price today?

One share of MPLX stock can currently be purchased for approximately $27.3901.

How big of a company is Mplx?

Mplx has a market capitalization of $28.96 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:  2.7 out of 5 (star star)
Outperform Votes:  420 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  765
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 8/19/2019 by MarketBeat.com Staff

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