×
S&P 500   4,158.24 (+2.47%)
DOW   33,212.96 (+1.76%)
QQQ   309.10 (+3.26%)
AAPL   149.64 (+4.08%)
MSFT   273.24 (+2.76%)
FB   195.13 (+1.83%)
GOOGL   2,246.33 (+4.20%)
AMZN   2,302.93 (+3.66%)
TSLA   759.63 (+7.33%)
NVDA   188.11 (+5.38%)
BABA   93.41 (-1.13%)
NIO   16.57 (+3.37%)
AMD   102.26 (+3.55%)
CGC   4.88 (-12.07%)
MU   73.32 (+3.85%)
T   21.29 (-0.14%)
GE   78.76 (+2.27%)
F   13.63 (+3.89%)
DIS   109.32 (+3.51%)
AMC   14.43 (+17.99%)
PFE   53.91 (-0.15%)
PYPL   85.21 (+5.96%)
NFLX   195.19 (+1.98%)
S&P 500   4,158.24 (+2.47%)
DOW   33,212.96 (+1.76%)
QQQ   309.10 (+3.26%)
AAPL   149.64 (+4.08%)
MSFT   273.24 (+2.76%)
FB   195.13 (+1.83%)
GOOGL   2,246.33 (+4.20%)
AMZN   2,302.93 (+3.66%)
TSLA   759.63 (+7.33%)
NVDA   188.11 (+5.38%)
BABA   93.41 (-1.13%)
NIO   16.57 (+3.37%)
AMD   102.26 (+3.55%)
CGC   4.88 (-12.07%)
MU   73.32 (+3.85%)
T   21.29 (-0.14%)
GE   78.76 (+2.27%)
F   13.63 (+3.89%)
DIS   109.32 (+3.51%)
AMC   14.43 (+17.99%)
PFE   53.91 (-0.15%)
PYPL   85.21 (+5.96%)
NFLX   195.19 (+1.98%)
S&P 500   4,158.24 (+2.47%)
DOW   33,212.96 (+1.76%)
QQQ   309.10 (+3.26%)
AAPL   149.64 (+4.08%)
MSFT   273.24 (+2.76%)
FB   195.13 (+1.83%)
GOOGL   2,246.33 (+4.20%)
AMZN   2,302.93 (+3.66%)
TSLA   759.63 (+7.33%)
NVDA   188.11 (+5.38%)
BABA   93.41 (-1.13%)
NIO   16.57 (+3.37%)
AMD   102.26 (+3.55%)
CGC   4.88 (-12.07%)
MU   73.32 (+3.85%)
T   21.29 (-0.14%)
GE   78.76 (+2.27%)
F   13.63 (+3.89%)
DIS   109.32 (+3.51%)
AMC   14.43 (+17.99%)
PFE   53.91 (-0.15%)
PYPL   85.21 (+5.96%)
NFLX   195.19 (+1.98%)
S&P 500   4,158.24 (+2.47%)
DOW   33,212.96 (+1.76%)
QQQ   309.10 (+3.26%)
AAPL   149.64 (+4.08%)
MSFT   273.24 (+2.76%)
FB   195.13 (+1.83%)
GOOGL   2,246.33 (+4.20%)
AMZN   2,302.93 (+3.66%)
TSLA   759.63 (+7.33%)
NVDA   188.11 (+5.38%)
BABA   93.41 (-1.13%)
NIO   16.57 (+3.37%)
AMD   102.26 (+3.55%)
CGC   4.88 (-12.07%)
MU   73.32 (+3.85%)
T   21.29 (-0.14%)
GE   78.76 (+2.27%)
F   13.63 (+3.89%)
DIS   109.32 (+3.51%)
AMC   14.43 (+17.99%)
PFE   53.91 (-0.15%)
PYPL   85.21 (+5.96%)
NFLX   195.19 (+1.98%)

Mplx (MPLX) Stock Forecast, Price & News

$32.53
+0.53 (+1.66%)
(As of 05/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$31.98
$32.64
50-Day Range
$29.92
$35.04
52-Week Range
$26.01
$35.49
Volume
1.65 million shs
Average Volume
2.26 million shs
Market Capitalization
$32.93 billion
P/E Ratio
10.99
Dividend Yield
8.81%
Beta
1.58
30 days | 90 days | 365 days | Advanced Chart
Receive MPLX News and Ratings via Email

Sign-up to receive the latest news and ratings for Mplx and its competitors with MarketBeat's FREE daily newsletter.

Mplx logo

About Mplx

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; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Fax
N/A
Employees
5,836
Year Founded
2012

Sales & Book Value

Annual Sales
$10.03 billion
Cash Flow
$4.73 per share
Book Value
$11.30 per share

Profitability

Net Income
$3.08 billion
Pretax Margin
31.09%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,012,304,000
Free Float
N/A
Market Cap
$32.93 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 5/13 Dividend
5/05/2022
Dividend Payable
5/13/2022
Today
5/27/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.35 out of 5 stars

Oils/Energy Sector

81st out of 386 stocks

Pipelines, Except Natural Gas Industry

5th out of 21 stocks

Analyst Opinion: 2.4Community Rank: 4.8Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -













Mplx (NYSE:MPLX) Frequently Asked Questions

Is Mplx a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Mplx stock.
View analyst ratings for Mplx
or view top-rated stocks.

Are investors shorting Mplx?

Mplx saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 14,730,000 shares, a drop of 23.2% from the April 15th total of 19,190,000 shares. Based on an average daily volume of 2,250,000 shares, the short-interest ratio is presently 6.5 days. Approximately 4.5% of the shares of the stock are short sold.
View Mplx's Short Interest
.

When is Mplx's next earnings date?

Mplx is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Mplx
.

How were Mplx's earnings last quarter?

Mplx Lp (NYSE:MPLX) announced its quarterly earnings data on Tuesday, May, 3rd. The pipeline company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.01. The pipeline company earned $2.61 billion during the quarter, compared to the consensus estimate of $2.45 billion. Mplx had a net margin of 30.72% and a trailing twelve-month return on equity of 26.83%. The company's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 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 Wednesday, April 27th. Investors of record on Friday, May 6th will be given a dividend of $0.705 per share on Friday, May 13th. This represents a $2.82 annualized dividend and a yield of 8.67%. The ex-dividend date is Thursday, May 5th.
View Mplx's dividend history
.

Is Mplx a good dividend stock?

Mplx pays an annual dividend of $2.82 per share and currently has a dividend yield of 8.81%. MPLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Mplx has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Mplx is 95.27%. 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 84.18% 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?

8 brokers have issued twelve-month target prices for Mplx's shares. Their forecasts range from $30.00 to $43.00. On average, they expect Mplx's stock price to reach $36.71 in the next year. This suggests a possible upside of 12.9% from the stock's current price.
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, Pres & CEO of MPLX GP LLC (Age 63, Pay $6.55M)
  • Mr. John J. Quaid, Exec. VP, CFO & Director of MPLX GP LLC (Age 50, Pay $1.33M)
  • Mr. Gregory Scott Floerke, Exec. VP & COO of MPLX GP LLC (Age 59, Pay $1.34M) (LinkedIn Profile)
  • Ms. Suzanne Gagle, Gen. Counsel of MPLX GP LLC (Age 56, Pay $1.8M)
  • Mr. Timothy J. Aydt, Exec. VP & Chief Commercial Officer of MPLX GP LLC (Age 58, Pay $1.28M)
  • Mr. Shawn M. Lyon, VP of Operations - MPLX GP LLC (Age 54)
  • Ms. Kelly D. Wright, VP, Controller & Principal Accounting Officer of MPLX GP LLC (Age 39)
  • Ms. Kristina Anna Kazarian, VP of Investor Relations - MPLX GP LLC (Age 39)
  • Ms. Molly R. Benson, VP, Chief Securities, Governance & Compliance Officer and Corp. Sec. of MPLX GP LLC (Age 55)
  • Mr. Raymond L. Brooks, Exec. VP of MPLX GP LLC (Age 61)
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 number of institutional and retail investors. Top institutional shareholders include Blackstone Inc. (5.74%), Goldman Sachs Group Inc. (1.41%), Kayne Anderson Capital Advisors LP (0.76%), Chickasaw Capital Management LLC (0.71%), UBS Group AG (0.52%) and Clearbridge Investments LLC (0.52%). Company insiders that own Mplx stock include Frank M Semple 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 Blackstone Inc., JPMorgan Chase & Co., Salient Capital Advisors LLC, Allianz Asset Management GmbH, Bank of Montreal Can, Chickasaw Capital Management LLC, Miller Howard Investments Inc. NY, and Jennison Associates LLC. Company insiders that have sold Mplx company stock in the last year include Frank M Semple, and Gregory Scott Floerke.
View insider buying and selling activity for Mplx
or view top insider-selling stocks.

Which institutional investors are buying Mplx stock?

MPLX stock was bought by a variety of institutional investors in the last quarter, including ING Groep NV, BNP Paribas Arbitrage SA, Beach Investment Counsel Inc. PA, Citigroup Inc., UBS Group AG, Progeny 3 Inc., RR Advisors LLC, and Clearbridge Investments LLC.
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 $32.53.

How much money does Mplx make?

Mplx has a market capitalization of $32.93 billion and generates $10.03 billion in revenue each year. The pipeline company earns $3.08 billion in net income (profit) each year or $2.96 on an earnings per share basis.

How many employees does Mplx have?

Mplx employs 5,836 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.

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 5/27/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.