MPLX Stock Overview
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
MPLX LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.61 |
| 52 Week High | US$36.80 |
| 52 Week Low | US$31.34 |
| Beta | 1.39 |
| 1 Month Change | 1.55% |
| 3 Month Change | 4.60% |
| 1 Year Change | 8.25% |
| 3 Year Change | 59.10% |
| 5 Year Change | 7.36% |
| Change since IPO | 34.60% |
Recent News & Updates
MPLX: A 10% Yielding Rich Retirement Dream Machine
Nov 16'Buy Income' - MPLX's 9.4% Yield Is A Good Place To Start
Nov 06MPLX Continues Higher As Other High-Yielding Investments Decline
Oct 05MPLX LP: High And Sustainable Dividend Yield
Sep 26Recent updates
MPLX: A 10% Yielding Rich Retirement Dream Machine
Nov 16'Buy Income' - MPLX's 9.4% Yield Is A Good Place To Start
Nov 06MPLX Continues Higher As Other High-Yielding Investments Decline
Oct 05MPLX LP: High And Sustainable Dividend Yield
Sep 26MPLX: Strong Performance Should Lead To A Hefty Distribution Increase
Aug 25A Warm November Rain (Increased Distributions) Awaits MPLX Investors
Aug 11MPLX: 9% Yield, Record Earnings
Jul 21MPLX: The Ultimate Buffett-Style 9.2% Yielding Retirement Dream Blue-Chip
Jun 15MPLX: A Hefty 9% Yield And Growth On Top Of That
Feb 15MPLX prices two-part notes offering totaling $1.6B
Feb 02MPLX declares $0.775 dividend
Jan 27MPLX: Both Roads Lead To Higher Distributions
Jan 1310%-Yielding MPLX: Now Is The Time To Buy
Dec 11MPLX Q3 2022 Earnings Preview
Oct 31Magnifying MPLX's Finances And Possible Growth
Oct 19MPLX: An Energy Play For The Looming Recession Supported By A 10% Yield
Sep 25MPLX: Higher Distributions Should Only Be Months Away
Aug 25MPLX to redeem $1B senior notes
Aug 15MPLX LP raises $1B debt capital
Aug 09MPLX Q2 2022 Earnings Preview
Aug 01MPLX: Midstream Risks Grow With Energy Demand Destruction
Jul 22MPLX: Buy This 10% Yield At A Steep Discount To Value
Jun 27MPLX: Buy The Dip On This 10% Yield
Jun 20MPLX Is A Very Safe 8.5% Yielding Retirement Dream Stock
Jun 03MPLX: A Special Investment - Part 3
May 14MPLX: 8% Yield, Strong Q1 2022 Earnings, 6.5% Dividend Growth
May 06MPLX: Boost Your Income With This 8% Yield
Apr 11MPLX: 9% Yield, 5% Dividend Growth In 2022, Undervalued
Mar 11MPLX: A Special Investment - Part 2
Feb 17MPLX: Expect 12% To 18%+ Of Your Capital Returned During 2022
Feb 07MPLX: A 9% Distribution For Yield Starved Investors
Jan 27MPLX: A Special Investment
Dec 21MPLX: 9.4% Yield, Are You Swimming In Cash?
Nov 18MPLX: Even More Distribution Growth Is Coming For This 9% Yield
Nov 04MPLX LP: 9% Yield, Strong Dividend Coverage, Price Targets Rising
Sep 26MPLX: All The Ingredients Needed For Higher Distributions
Aug 23MPLX: The 10% Yield Has Become Even More Attractive
Jul 21MPLX LP: 9% Yield, Outperforming, High Options Yields
May 30MPLX Q1 2021 Earnings Preview
May 03MPLX declares $0.6875 dividend
Apr 27MPLX CEO sees excess cash for 2021 with stock buybacks likely
Feb 02MPLX Q4 2020 Earnings Preview
Feb 01Howard Energy executes pact with MPLX unit to purchase the Javelina
Dec 29MPLX: No Takeover, No Distribution Growth, No Worries As They're Still 40% Undervalued
Dec 09MPLX: Ignore The Acquisition News, Just Invest For The Long Run
Nov 29MPLX LP active on buyout chatter
Nov 12MPLX Starts Up A New Major Pipeline
Nov 04Shareholder Returns
| MPLX | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 1.9% | 0.1% | 1.1% |
| 1Y | 8.2% | -4.6% | 11.7% |
Return vs Industry: MPLX exceeded the US Oil and Gas industry which returned -4.6% over the past year.
Return vs Market: MPLX underperformed the US Market which returned 11.7% over the past year.
Price Volatility
| MPLX volatility | |
|---|---|
| MPLX Average Weekly Movement | 1.3% |
| Oil and Gas Industry Average Movement | 5.2% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: MPLX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: MPLX's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Mike Hennigan | https://www.mplx.com |
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.
MPLX LP Fundamentals Summary
| MPLX fundamental statistics | |
|---|---|
| Market Cap | US$36.65b |
| Earnings (TTM) | US$3.49b |
| Revenue (TTM) | US$10.40b |
10.5x
P/E Ratio3.5x
P/S RatioIs MPLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MPLX income statement (TTM) | |
|---|---|
| Revenue | US$10.40b |
| Cost of Revenue | US$4.69b |
| Gross Profit | US$5.71b |
| Other Expenses | US$2.21b |
| Earnings | US$3.49b |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.49 |
| Gross Margin | 54.87% |
| Net Profit Margin | 33.58% |
| Debt/Equity Ratio | 153.3% |
How did MPLX perform over the long term?
See historical performance and comparison