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DIS   107.59 (-1.78%)
AMC   5.01 (-9.07%)
PFE   43.55 (-0.55%)
PYPL   79.64 (-2.68%)
NFLX   353.11 (-2.12%)
QQQ   290.27 (-2.02%)
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MSFT   242.71 (-2.20%)
META   147.06 (-3.08%)
GOOGL   96.94 (-2.45%)
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NVDA   191.62 (-5.91%)
NIO   12.02 (-5.43%)
BABA   111.20 (-6.07%)
AMD   72.45 (-3.91%)
T   20.16 (+1.05%)
MU   61.71 (-3.38%)
F   12.89 (-2.86%)
CGC   2.84 (-3.07%)
GE   80.83 (-2.88%)
DIS   107.59 (-1.78%)
AMC   5.01 (-9.07%)
PFE   43.55 (-0.55%)
PYPL   79.64 (-2.68%)
NFLX   353.11 (-2.12%)
QQQ   290.27 (-2.02%)
AAPL   143.00 (-2.01%)
MSFT   242.71 (-2.20%)
META   147.06 (-3.08%)
GOOGL   96.94 (-2.45%)
AMZN   100.55 (-1.65%)
TSLA   166.66 (-6.32%)
NVDA   191.62 (-5.91%)
NIO   12.02 (-5.43%)
BABA   111.20 (-6.07%)
AMD   72.45 (-3.91%)
T   20.16 (+1.05%)
MU   61.71 (-3.38%)
F   12.89 (-2.86%)
CGC   2.84 (-3.07%)
GE   80.83 (-2.88%)
DIS   107.59 (-1.78%)
AMC   5.01 (-9.07%)
PFE   43.55 (-0.55%)
PYPL   79.64 (-2.68%)
NFLX   353.11 (-2.12%)
NYSE:MPLX

Mplx - MPLX Stock Forecast, Price & News

$34.67
-0.18 (-0.52%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$34.44
$35.08
50-Day Range
$31.37
$34.95
52-Week Range
$27.47
$35.49
Volume
5.88 million shs
Average Volume
1.69 million shs
Market Capitalization
$34.78 billion
P/E Ratio
9.25
Dividend Yield
8.87%
Price Target
$37.64

Mplx MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
8.6% Upside
$37.64 Price Target
Short Interest
Bearish
4.78% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of Mplx in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-10.16%
From $3.84 to $3.45 Per Share

Overall MarketRank

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

1.35 out of 5 stars

Oils/Energy Sector

229th out of 241 stocks

Pipelines, Except Natural Gas Industry

11th 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

Mplx (MPLX) Scheduled to Post Quarterly Earnings on Tuesday
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
MPLX LP (MPLX) Stock Moves -0.85%: What You Should Know
Implied Volatility Surging for MPLX (MPLX) Stock Options
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
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
MPLX LP (MPLX) Stock Moves -1.14%: What You Should Know
See More Headlines
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MPLX Company Calendar

Last Earnings
11/01/2022
Ex-Dividend for 11/22 Dividend
11/14/2022
Dividend Payable
11/22/2022
Today
1/30/2023
Next Earnings (Confirmed)
1/31/2023
Ex-Dividend for 2/14 Dividend
2/03/2023
Dividend Payable
2/14/2023
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
$37.64
High Stock Price Forecast
$41.00
Low Stock Price Forecast
$33.50
Forecasted Upside/Downside
+8.6%
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
$10.63 billion
Cash Flow
$4.32 per share
Book Value
$11.22 per share

Miscellaneous

Outstanding Shares
1,003,243,000
Free Float
N/A
Market Cap
$34.78 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 brokerages have issued twelve-month target prices for Mplx's shares. Their MPLX share price forecasts range from $33.50 to $41.00. On average, they expect the company's stock price to reach $37.64 in the next year. This suggests a possible upside of 8.6% 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 2023. Since then, MPLX stock has increased by 5.6% and is now trading at $34.67.
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, January 31st 2023.
View our MPLX earnings forecast
.

How can I listen to Mplx's earnings call?

Mplx will be holding an earnings conference call on Tuesday, January 31st at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) released its quarterly earnings results on Tuesday, November, 1st. The pipeline company reported $0.96 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.15. The pipeline company had revenue of $3.40 billion for the quarter, compared to analyst estimates of $2.76 billion. Mplx had a trailing twelve-month return on equity of 30.60% and a net margin of 33.87%.

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

Mplx announced a quarterly dividend on Wednesday, January 11th. Investors of record on Monday, February 6th will be paid a dividend of $0.775 per share on Tuesday, February 14th. This represents a $3.10 annualized dividend and a dividend yield of 8.94%. The ex-dividend date 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 8.87%. 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 89.86% 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 a variety of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (0.62%), Spirit of America Management Corp NY (0.04%), Americana Partners LLC (0.04%), Deroy & Devereaux Private Investment Counsel Inc. (0.02%), Hennessy Advisors Inc. (0.01%) and Maryland State Retirement & Pension System (0.01%). 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 $34.67.

How much money does Mplx make?

Mplx (NYSE:MPLX) has a market capitalization of $34.78 billion and generates $10.63 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 1/30/2023 by MarketBeat.com Staff