
Mplx Lp (NYSE:MPLX – Free Report) – Analysts at US Capital Advisors reduced their Q1 2026 earnings per share estimates for Mplx in a research report issued to clients and investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings of $0.99 per share for the quarter, down from their prior estimate of $1.01. The consensus estimate for Mplx’s current full-year earnings is $4.41 per share. US Capital Advisors also issued estimates for Mplx’s Q2 2026 earnings at $1.00 EPS, Q3 2026 earnings at $1.03 EPS, Q4 2026 earnings at $1.03 EPS, FY2026 earnings at $4.05 EPS, Q1 2027 earnings at $1.04 EPS, Q2 2027 earnings at $1.06 EPS, Q3 2027 earnings at $1.09 EPS, Q4 2027 earnings at $1.08 EPS, FY2027 earnings at $4.27 EPS and FY2028 earnings at $4.54 EPS.
Several other brokerages have also weighed in on MPLX. Truist Financial began coverage on shares of Mplx in a research report on Tuesday. They set a “buy” rating and a $67.00 target price on the stock. Raymond James Financial lowered shares of Mplx from an “outperform” rating to a “market perform” rating in a research report on Monday, January 5th. Wells Fargo & Company raised their price target on shares of Mplx from $59.00 to $63.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Citigroup upped their price objective on Mplx from $54.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Finally, Stifel Nicolaus increased their target price on Mplx from $57.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.56.
Mplx Trading Up 0.9%
Shares of Mplx stock opened at $59.19 on Wednesday. Mplx has a 52-week low of $44.60 and a 52-week high of $59.98. The firm has a market capitalization of $60.08 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 5.35 and a beta of 0.56. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.23 and a quick ratio of 1.18. The company’s fifty day moving average price is $57.12 and its two-hundred day moving average price is $53.80.
Mplx (NYSE:MPLX – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The pipeline company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.10 by $0.07. Mplx had a return on equity of 34.37% and a net margin of 37.79%.The firm had revenue of $5.99 billion during the quarter, compared to analysts’ expectations of $3.23 billion. During the same period last year, the business earned $1.07 earnings per share. Mplx’s quarterly revenue was up 6.2% compared to the same quarter last year.
Mplx Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a dividend of $1.0765 per share. This represents a $4.31 annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend was Monday, February 9th. Mplx’s dividend payout ratio is 89.42%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of MPLX. Solstein Capital LLC acquired a new position in Mplx during the 3rd quarter worth $25,000. Elevation Point Wealth Partners LLC bought a new position in Mplx in the 2nd quarter valued at $26,000. FSC Wealth Advisors LLC acquired a new stake in shares of Mplx in the 2nd quarter valued at $29,000. Operose Advisors LLC increased its stake in shares of Mplx by 216.2% in the 2nd quarter. Operose Advisors LLC now owns 585 shares of the pipeline company’s stock valued at $30,000 after buying an additional 400 shares during the period. Finally, EQ Wealth Advisors LLC bought a new stake in shares of Mplx during the fourth quarter worth $32,000. Institutional investors own 24.25% of the company’s stock.
Mplx Company Profile
MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.
The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.
Read More
Receive News & Ratings for Mplx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mplx and related companies with MarketBeat.com's FREE daily email newsletter.
