NYSE:MPLX - Mplx Stock Price, News, & Analysis

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$35.09 -0.35 (-0.99 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$35.44
Today's Range$34.96 - $35.53
52-Week Range$31.60 - $39.38
Volume1.51 million shs
Average Volume1.71 million shs
Market Capitalization$27.69 billion
P/E Ratio33.10
Dividend Yield7.20%
Beta1.38
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 Ratio1.71
Current Ratio0.61
Quick Ratio0.55

Price-To-Earnings

Trailing P/E Ratio33.10
Forward P/E Ratio15.13
P/E Growth2.51

Sales & Book Value

Annual Sales$3.87 billion
Price / Sales7.21
Cash Flow$3.7093 per share
Price / Cash9.46
Book Value$24.03 per share
Price / Book1.46

Profitability

EPS (Most Recent Fiscal Year)$1.06
Net Income$794 million
Net Margins24.22%
Return on Equity14.43%
Return on Assets6.04%

Miscellaneous

Employees4,300
Outstanding Shares794,030,000
Market Cap$27.69 billion

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 Wednesday, July 25th. Stockholders of record on Monday, August 6th will be paid a dividend of $0.627 per share on Tuesday, August 14th. This represents a $2.51 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date of this dividend is Friday, August 3rd. This is a boost 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 quarterly earnings results on Thursday, July, 26th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.02. The pipeline company earned $1.58 billion during the quarter, compared to analyst estimates of $1.31 billion. Mplx had a net margin of 24.22% and a return on equity of 14.43%. Mplx's revenue was up 72.3% on a year-over-year basis. During the same period last year, the firm posted $0.26 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, October, 25th 2018. View Earnings Estimates for Mplx.

What price target have analysts set for MPLX?

12 analysts have issued 12 month target prices for Mplx's shares. Their predictions range from $37.00 to $44.00. On average, they anticipate Mplx's stock price to reach $41.50 in the next year. This suggests a possible upside of 18.3% 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 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mplx.

Are investors shorting Mplx?

Mplx saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 4,836,792 shares, a decline of 32.6% from the August 15th total of 7,181,364 shares. Based on an average daily volume of 1,301,600 shares, the short-interest ratio is currently 3.7 days. Currently, 1.7% of the shares of the company are sold short. View Mplx's Current Options Chain.

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?

News coverage about MPLX stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mplx earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave headlines about the pipeline company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Mplx.

Who are Mplx's major shareholders?

Mplx's stock is owned by many different of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (3.39%), Alps Advisors Inc. (3.03%), Alps Advisors Inc. (3.02%), OppenheimerFunds Inc. (1.46%), Kayne Anderson Capital Advisors LP (1.39%) and Salient Capital Advisors LLC (0.94%). 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 major investors are selling Mplx stock?

MPLX stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Bank of America Corp DE, Wells Fargo & Company MN, Morgan Stanley, Highland Capital Management LP, Miller Howard Investments Inc. NY, Port Capital LLC and Kayne Anderson Capital Advisors LP. View Insider Buying and Selling for Mplx.

Which major investors are buying Mplx stock?

MPLX stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Salient Capital Advisors LLC, Tortoise Capital Advisors L.L.C., Alps Advisors Inc., Alps Advisors Inc., GMT Capital Corp and California Public Employees Retirement System. 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 $35.09.

How big of a company is Mplx?

Mplx has a market capitalization of $27.69 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:  346 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  639
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 9/21/2018 by MarketBeat.com Staff

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