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NYSE:MPLX

Mplx Stock Forecast, Price & News

$16.75
-0.31 (-1.82 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$16.55
Now: $16.75
$17.03
50-Day Range
$15.51
MA: $16.90
$17.98
52-Week Range
$6.87
Now: $16.75
$27.36
Volume2.67 million shs
Average Volume3.92 million shs
Market Capitalization$17.73 billion
P/E RatioN/A
Dividend Yield16.12%
Beta1.93
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.55 out of 5 stars

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.04 billion
Cash Flow$3.33 per share
Book Value$15.13 per share

Profitability

Net Income$1.03 billion

Miscellaneous

Outstanding Shares1,058,750,000
Market Cap$17.73 billion
Next Earnings Date11/2/2020 (Confirmed)
OptionableOptionable
$16.75
-0.31 (-1.82 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mplx (NYSE:MPLX) Frequently Asked Questions

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 (WHO). Since then, MPLX shares have increased by 8.7% and is now trading at $16.75.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Mplx?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Mplx
.

When is Mplx's next earnings date?

Mplx is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Mplx
.

How can I listen to Mplx's earnings call?

Mplx will be holding an earnings conference call on Monday, November 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) announced its earnings results on Monday, August, 3rd. The pipeline company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.48 by $0.10. The pipeline company had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $1.95 billion. Mplx had a negative net margin of 26.44% and a positive return on equity of 17.33%. The business's revenue was up 27.7% on a year-over-year basis. During the same period last year, the business earned $0.55 earnings per share.
View Mplx's earnings history
.

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

Mplx declared a quarterly dividend on Tuesday, July 28th. Investors of record on Friday, August 7th will be paid a dividend of $0.688 per share on Friday, August 14th. This represents a $2.75 annualized dividend and a dividend yield of 16.43%. The ex-dividend date of this dividend is Thursday, August 6th.
View Mplx's dividend history
.

What price target have analysts set for MPLX?

15 brokerages have issued 12-month price targets for Mplx's stock. Their forecasts range from $18.00 to $33.00. On average, they anticipate Mplx's share price to reach $23.62 in the next year. This suggests a possible upside of 41.0% from the stock's current price.
View analysts' price targets for Mplx
.

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).

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 61, Pay $4.31M)
  • Ms. Pamela K. M. Beall, Exec. VP, CFO & Director of MPLX GP LLC (Age 64, Pay $1.66M)
  • Mr. Gregory Scott Floerke, Exec. VP of Gathering, Processing, Trucks & Rail and COO - MPLX GP LLC (Age 57, Pay $1.58M)
  • Ms. Suzanne Gagle, Gen. Counsel of MPLX GP LLC (Age 54, Pay $1.01M)
  • Mr. Shawn M. Lyon, VP of Operations - MPLX GP LLC (Age 52)

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 number of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (0.75%), Eagle Global Advisors LLC (0.19%), Cadence Capital Management LLC (0.11%), Spirit of America Management Corp NY (0.06%), Americana Partners LLC (0.01%) and Dividend Assets Capital LLC (0.01%). Company insiders that own Mplx stock include Garry L Peiffer and Gary R Heminger.
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 Dividend Assets Capital LLC, Chickasaw Capital Management LLC, Americana Partners LLC, Spirit of America Management Corp NY, Obermeyer Wood Investment Counsel Lllp, Diversified Trust Co, MAI Capital Management, and Conning Inc..
View insider buying and selling activity for Mplx
.

Which institutional investors are buying Mplx stock?

MPLX stock was purchased by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, Cadence Capital Management LLC, Oliver Luxxe Assets LLC, Deroy & Devereaux Private Investment Counsel Inc., Arrow Investment Advisors LLC, Envestnet Asset Management Inc., Cullinan Associates Inc., and Cerebellum GP 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
.

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, Robinhood, Fidelity, and Charles Schwab.

What is Mplx's stock price today?

One share of MPLX stock can currently be purchased for approximately $16.75.

How big of a company is Mplx?

Mplx has a market capitalization of $17.73 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. Mplx employs 6,200 workers across the globe.

What is Mplx's official website?

The official website for Mplx is 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]

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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