MPLX Future Growth
Future criteria checks 2/6
MPLX is forecast to grow earnings and revenue by 3.7% and 2.5% per annum respectively. EPS is expected to grow by 3.4% per annum. Return on equity is forecast to be 28.9% in 3 years.
Key information
3.7%
Earnings growth rate
3.4%
EPS growth rate
Oil and Gas earnings growth | 8.2% |
Revenue growth rate | 2.5% |
Future return on equity | 28.9% |
Analyst coverage | Good |
Last updated | 20 Nov 2024 |
Recent future growth updates
Recent updates
MPLX Vs. Western Midstream: Two Highest Yielding MLPs, One Is Superior
Nov 18MPLX: I Am Bullish Heading Into Earnings And The Next Distribution Increase
Oct 28MPLX: Strong Momentum, But Units Near Fair Value (Rating Downgrade)
Oct 21Like A Hungry Tiger, MPLX's Growth Roars On
Sep 20MPLX: The 8% Yield You Shouldn't Ignore
Aug 16MPLX: Back On The Bullish Train Yielding Over 8%
Jul 16MPLX: One Of The Most Attractive Dividend Picks In The MLP Space
Jun 11MPLX Still Financially Growing And Growing And Growing
May 10MPLX LP: This 8%-Yielding MLP Is Still A Buy Now
May 01Upside Isn't Over For MPLX LP Yet
Apr 08MPLX: Upside Getting Squeezed But Still A Strong Income Play Yielding 8.32%
Mar 27MPLX: Expect Another Large Distribution Increase In 2024
Feb 23MPLX: 9% Yield, More Strong Earnings
Jan 19MPLX Is Positioned For Continued Dividend Growth
Dec 17MPLX: 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 04Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 12,422 | 4,719 | 4,981 | 6,322 | 6 |
12/31/2025 | 12,490 | 4,450 | 4,774 | 6,223 | 9 |
12/31/2024 | 11,897 | 4,253 | 4,086 | 5,609 | 9 |
9/30/2024 | 11,043 | 4,294 | 4,737 | 5,760 | N/A |
6/30/2024 | 10,973 | 4,155 | 4,616 | 5,589 | N/A |
3/31/2024 | 10,791 | 3,889 | 4,438 | 5,461 | N/A |
12/31/2023 | 10,681 | 3,808 | 4,460 | 5,397 | N/A |
9/30/2023 | 10,398 | 3,487 | 4,343 | 5,276 | N/A |
6/30/2023 | 10,921 | 3,972 | 4,127 | 5,071 | N/A |
3/31/2023 | 11,205 | 3,906 | 4,315 | 5,121 | N/A |
12/31/2022 | 11,137 | 3,791 | 4,213 | 5,019 | N/A |
9/30/2022 | 11,257 | 3,807 | 4,201 | 4,891 | N/A |
6/30/2022 | 10,448 | 3,184 | 4,446 | 5,034 | N/A |
3/31/2022 | 9,948 | 3,019 | 4,340 | 4,912 | N/A |
12/31/2021 | 9,706 | 2,936 | 4,382 | 4,911 | N/A |
9/30/2021 | 9,238 | 2,798 | 4,281 | 4,856 | N/A |
6/30/2021 | 8,935 | 2,679 | 4,186 | 4,896 | N/A |
3/31/2021 | 8,598 | 2,621 | 3,706 | 4,636 | N/A |
12/31/2020 | 8,505 | -842 | 3,338 | 4,521 | N/A |
9/30/2020 | 8,613 | -2,115 | 2,758 | 4,428 | N/A |
6/30/2020 | 8,634 | -2,151 | 2,262 | 4,242 | N/A |
3/31/2020 | 8,769 | -2,328 | 2,026 | 4,238 | N/A |
12/31/2019 | 8,751 | 910 | 1,674 | 4,082 | N/A |
9/30/2019 | 8,696 | 1,936 | 1,586 | 4,034 | N/A |
6/30/2019 | 8,159 | 1,828 | 1,350 | 3,735 | N/A |
3/31/2019 | 7,560 | 1,821 | 1,243 | 3,474 | N/A |
12/31/2018 | 6,758 | 1,743 | 960 | 3,071 | N/A |
9/30/2018 | 5,571 | 1,455 | 806 | 2,596 | N/A |
6/30/2018 | 4,880 | 1,078 | N/A | 2,353 | N/A |
3/31/2018 | 4,267 | 744 | N/A | 1,980 | N/A |
12/31/2017 | 3,789 | 411 | N/A | 1,907 | N/A |
9/30/2017 | 3,603 | 347 | N/A | 1,854 | N/A |
6/30/2017 | 3,477 | 307 | N/A | 1,665 | N/A |
3/31/2017 | 3,343 | 172 | N/A | 1,547 | N/A |
12/31/2016 | 3,103 | 1 | N/A | 1,491 | N/A |
9/30/2016 | 2,582 | -81 | N/A | 1,057 | N/A |
6/30/2016 | 1,965 | -122 | N/A | 837 | N/A |
3/31/2016 | 1,397 | -38 | N/A | 589 | N/A |
12/31/2015 | 1,098 | 99 | N/A | 427 | N/A |
9/30/2015 | 767 | 146 | N/A | 315 | N/A |
6/30/2015 | 691 | 140 | N/A | 292 | N/A |
3/31/2015 | 612 | 120 | N/A | 247 | N/A |
12/31/2014 | 793 | 115 | N/A | 334 | N/A |
9/30/2014 | 535 | 108 | N/A | 235 | N/A |
6/30/2014 | 521 | 102 | N/A | 232 | N/A |
3/31/2014 | 509 | 92 | N/A | 237 | N/A |
12/31/2013 | 486 | 76 | N/A | 212 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MPLX's forecast earnings growth (3.7% per year) is above the savings rate (2.6%).
Earnings vs Market: MPLX's earnings (3.7% per year) are forecast to grow slower than the US market (15.4% per year).
High Growth Earnings: MPLX's earnings are forecast to grow, but not significantly.
Revenue vs Market: MPLX's revenue (2.5% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: MPLX's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MPLX's Return on Equity is forecast to be high in 3 years time (28.9%)