
Mplx Lp (NYSE:MPLX – Free Report) – Stock analysts at US Capital Advisors increased their FY2026 earnings per share estimates for shares of Mplx in a research note issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $4.06 per share for the year, up from their previous estimate of $3.98. The consensus estimate for Mplx’s current full-year earnings is $4.26 per share. US Capital Advisors also issued estimates for Mplx’s Q1 2027 earnings at $1.00 EPS and Q2 2027 earnings at $1.04 EPS.
A number of other research firms have also recently commented on MPLX. Weiss Ratings reissued a “buy (a-)” rating on shares of Mplx in a report on Thursday, August 13th. Wells Fargo & Company boosted their price target on shares of Mplx from $61.00 to $63.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Zacks Research upgraded Mplx from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Wolfe Research downgraded shares of Mplx from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 29th. Finally, Barclays lifted their price target on Mplx from $59.00 to $63.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Mplx presently has an average rating of “Moderate Buy” and an average target price of $62.80.
Mplx Price Performance
NYSE MPLX opened at $58.71 on Friday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.83 and a current ratio of 0.89. The business’s fifty day moving average is $57.66 and its 200 day moving average is $56.94. The company has a market capitalization of $59.52 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 5.57 and a beta of 0.48. Mplx has a fifty-two week low of $47.80 and a fifty-two week high of $60.95.
Mplx (NYSE:MPLX – Get Free Report) last posted its earnings results on Tuesday, August 4th. The pipeline company reported $1.06 EPS for the quarter, hitting analysts’ consensus estimates of $1.06. Mplx had a net margin of 35.75% and a return on equity of 32.83%. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the previous year, the firm posted $1.03 EPS. The firm’s revenue was up 10.3% on a year-over-year basis.
Mplx Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 7th were given a dividend of $1.0765 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $4.31 dividend on an annualized basis and a dividend yield of 7.3%. Mplx’s dividend payout ratio is presently 92.69%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. Trust Co. of Vermont bought a new position in shares of Mplx during the second quarter valued at approximately $28,000. EQ Wealth Advisors LLC purchased a new position in Mplx in the fourth quarter valued at about $32,000. Assetmark Inc. boosted its holdings in shares of Mplx by 81.5% in the 1st quarter. Assetmark Inc. now owns 559 shares of the pipeline company’s stock valued at $32,000 after buying an additional 251 shares in the last quarter. Wiser Advisor Group LLC purchased a new position in shares of Mplx in the 3rd quarter worth approximately $38,000. Finally, Prosperity Bancshares Inc bought a new position in shares of Mplx during the 4th quarter worth approximately $43,000. Hedge funds and other institutional investors own 24.25% of the company’s stock.
About Mplx
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.
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