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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
pixel
S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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NYSE:MPLX

Mplx Stock Forecast, Price & News

$24.99
+1.18 (+4.96 %)
(As of 03/1/2021 12:00 AM ET)
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Today's Range
$24.17
Now: $24.99
$25.00
50-Day Range
$21.97
MA: $23.99
$25.20
52-Week Range
$6.87
Now: $24.99
$25.29
Volume4.21 million shs
Average Volume2.60 million shs
Market Capitalization$25.99 billion
P/E RatioN/A
Dividend Yield11.55%
Beta2.01
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. 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, exchange, storage, and marketing of natural gas liquids; transportation, storage, distribution, and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products, such as asphalt; and sale of residue gas and condensate. Its pipeline network includes 13,000 miles of pipeline throughout the United States; storage caverns consist of butane, propane, and liquefied petroleum gas storage with a combined capacity of 4.7 million barrels located in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico, as well as marine business owns and operates 23 boats, 286 barges, and third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. Further, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Additionally, the company operates 62 terminal facilities for refined petroleum products with a combined total shell capacity of approximately 23.6 million barrels primarily located in the Midwest, Gulf Coast, and Southeast regions. MPLX GP LLC acts as the general partner of MPLX LP. The company was founded in 2012 and is headquartered in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.
Mplx logo

Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
CUSIPN/A
Phone419-421-2414
Employees6,200
Year Founded2012

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.04 billion
Cash Flow$3.35 per share
Book Value$15.13 per share

Profitability

Net Income$1.03 billion

Miscellaneous

Outstanding Shares1,040,169,000
Market Cap$25.99 billion
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.37 out of 5 stars

Oils/Energy Sector

154th out of 668 stocks

Pipelines, Except Natural Gas Industry

16th out of 19 stocks

Analyst Opinion: 2.5Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
$24.99
+1.18 (+4.96 %)
(As of 03/1/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mplx (NYSE:MPLX) Frequently Asked Questions

Is Mplx a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Mplx stock.
View analyst ratings for Mplx
or view top-rated stocks.

What stocks does MarketBeat like better than Mplx?

Wall Street analysts have given Mplx a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Mplx wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Mplx's next earnings date?

Mplx is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Mplx
.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) announced its quarterly earnings results on Tuesday, February, 2nd. The pipeline company reported $0.63 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.63. The pipeline company earned $2.25 billion during the quarter, compared to analysts' expectations of $2.14 billion. Mplx had a negative net margin of 26.09% and a positive trailing twelve-month return on equity of 19.33%. Mplx's quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.58) earnings per share.
View Mplx's earnings history
.

How has Mplx's stock price been impacted by Coronavirus?

Mplx's stock was trading at $15.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MPLX shares have increased by 62.2% and is now trading at $24.99.
View which stocks have been most impacted by COVID-19
.

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

Mplx announced a quarterly dividend on Friday, January 29th. Investors of record on Monday, February 8th will be paid a dividend of $0.6875 per share on Friday, February 12th. This represents a $2.75 annualized dividend and a yield of 11.00%. The ex-dividend date of this dividend is Friday, February 5th. This is a positive change from Mplx's previous quarterly dividend of $0.44.
View Mplx's dividend history
.

Is Mplx a good dividend stock?

Mplx pays an annual dividend of $2.75 per share and currently has a dividend yield of 11.55%. MPLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Mplx does not yet have a strock track record of dividend growth. The dividend payout ratio of Mplx is 118.53%. 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 115.55% in the coming year. This indicates that Mplx may not be able to sustain their current dividend.
View Mplx's dividend history.

What price target have analysts set for MPLX?

14 Wall Street analysts have issued 12-month price targets for Mplx's stock. Their forecasts range from $19.00 to $28.00. On average, they expect Mplx's share price to reach $23.83 in the next year. This suggests that the stock has a possible downside of 4.6%.
View analysts' price targets for Mplx
or view top-rated stocks among Wall Street analysts.

Who are Mplx's key executives?

Mplx's management team includes the following people:
  • Mr. Michael J. Hennigan, Chairman, CEO & Pres of MPLX GP LLC (Age 62, Pay $4.31M)
  • Ms. Pamela K. M. Beall, Exec. VP, CFO & Director of MPLX GP LLC (Age 65, Pay $1.66M) (LinkedIn Profile)
  • Mr. Gregory Scott Floerke, Exec. VP of Gathering, Processing, Trucks & Rail and COO - MPLX GP LLC (Age 58, Pay $1.58M) (LinkedIn Profile)
  • Ms. Suzanne Gagle, Gen. Counsel of MPLX GP LLC (Age 55, Pay $1.01M)
  • Mr. Shawn M. Lyon, VP of Operations - MPLX GP LLC (Age 53)
  • Ms. Kristina Anna Kazarian, VP of Investor Relations - MPLX GP LLC (Age 38)
  • Ms. Molly R. Benson, VP, Chief Securities, Governance & Compliance Officer and Corp. Sec. of MPLX GP LLC (Age 54)
  • Mr. Timothy J. Aydt, Exec. VP of Pipelines, Terminals & Marine and Chief Commercial Officer (Age 57) (LinkedIn Profile)
  • Mr. Raymond L. Brooks, Sr. VP of MPLX GP LLC (Age 60)
  • Mr. Phillip M. Anderson Jr., Sr. VP of Bus. Devel. of MPLX GP LLC (Age 55)

Who are some of Mplx's key competitors?

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 many different retail and institutional investors. Top institutional investors include Brookfield Asset Management Inc. (0.93%), Chickasaw Capital Management LLC (0.88%), JPMorgan Chase & Co. (0.86%), Morgan Stanley (0.73%), Kayne Anderson Capital Advisors LP (0.65%) and Clearbridge Investments LLC (0.46%). Company insiders that own Mplx stock include Garry L Peiffer, Gary R Heminger and Gregory Scott Floerke.
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 Morgan Stanley, TPG Group Holdings SBS Advisors Inc., Kayne Anderson Capital Advisors LP, ING Groep NV, Credit Suisse AG, Eagle Global Advisors LLC, Miller Howard Investments Inc. NY, and Wells Fargo & Company MN.
View insider buying and selling activity for Mplx
or view top insider-selling stocks.

Which major investors are buying Mplx stock?

MPLX stock was acquired by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Chickasaw Capital Management LLC, Salient Capital Advisors LLC, JPMorgan Chase & Co., Delphi Financial Group Inc., Lido Advisors LLC, Infrastructure Capital Advisors LLC, and HighTower Advisors 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 activity for Mplx
or or view top insider-buying stocks.

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 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 $24.99.

How much money does Mplx make?

Mplx has a market capitalization of $25.99 billion and generates $9.04 billion in revenue each year. The pipeline company earns $1.03 billion in net income (profit) each year or $2.32 on an earnings per share basis.

How many employees does Mplx have?

Mplx employs 6,200 workers across the globe.

When was Mplx founded?

Mplx was founded in 2012.

What is Mplx's official website?

The official website for Mplx is www.mplx.com.

Where are Mplx's headquarters?

Mplx is headquartered at 200 EAST HARDIN STREET, FINDLAY OH, 45840.

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]


This page was last updated on 3/2/2021 by MarketBeat.com Staff

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