MPLX LP (MPLX)
(Delayed Data from NYSE)
$42.43 USD
-0.21 (-0.49%)
Updated Sep 4, 2024 04:00 PM ET
After-Market: $42.43 0.00 (0.00%) 7:58 PM ET
1-Strong Buy of 5 1
B Value C Growth B Momentum B VGM
Company Summary
Findlay, OH-based MPLX LP is a master limited partnership (MLP) engaged in providing a wide range of midstream energy services, including fuel distribution solutions. The large-cap partnership was created in 2012 to own, operate and develop midstream energy infrastructures and logistics assets, mostly for its parent company Marathon Petroleum Corporation. Notably, Marathon Petroleum holds around 64% of MPLX's outstanding common units.
Apart from oil and natural gas gathering systems, the partnership's midstream assets comprise transportation pipelines for crude, natural gas and refined petroleum products. MPLX also has processing and fractionation facilities ...
Company Summary
Findlay, OH-based MPLX LP is a master limited partnership (MLP) engaged in providing a wide range of midstream energy services, including fuel distribution solutions. The large-cap partnership was created in 2012 to own, operate and develop midstream energy infrastructures and logistics assets, mostly for its parent company Marathon Petroleum Corporation. Notably, Marathon Petroleum holds around 64% of MPLX's outstanding common units.
Apart from oil and natural gas gathering systems, the partnership's midstream assets comprise transportation pipelines for crude, natural gas and refined petroleum products. MPLX also has processing and fractionation facilities for natural gas and natural gas liquids (NGLs).
MPLX divides its operations into two segments - Logistics and Storage ("L&S") and Gathering and Processing ("G&P").
L&S: The partnership's logistics and storage properties, which were primarily dropped down from Marathon Petroleum, are located in the Midwest census region and Gulf Coast areas of the United States. The assets include a huge network of crude oil and refined product pipelines, along with storage assets. It also incorporates an inland marine business, an export terminal, and a fuel distribution business.
G&P: MPLX’s gathering and processing properties are located in the Southwest and Northeast regions of the United States. Precisely, the natural gas processing complexes operated by the partnership are spread across shale plays like Marcellus & Utica and also in the areas of the Appalachia and Southwest regions.
General Information
MPLX LP
200 EAST HARDIN STREET
FINDLAY, OH 45840
Phone: 419-422-2121
Fax: NA
Web: http://www.mplx.com
Email: ir@marathonpetroleum.com
Industry | Oil and Gas - Production and Pipelines |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/29/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.06 |
Current Year EPS Consensus Estimate | 4.29 |
Estimated Long-Term EPS Growth Rate | 8.50 |
Exp Earnings Date | 10/29/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 42.64 |
52 Week High | 43.42 |
52 Week Low | 34.47 |
Beta | 1.37 |
20 Day Moving Average | 1,649,105.50 |
Target Price Consensus | 46.92 |
4 Week | 2.45 |
12 Week | 3.62 |
YTD | 16.12 |
4 Week | -2.90 |
12 Week | 0.74 |
YTD | 0.18 |
Shares Outstanding (millions) | 1,020.59 |
Market Capitalization (millions) | 43,517.72 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 7.97% |
Annual Dividend | $3.40 |
Payout Ratio | 0.83 |
Change in Payout Ratio | -0.18 |
Last Dividend Payout / Amount | 8/9/2024 / $NA |
Fundamental Ratios
P/E (F1) | 9.94 |
Trailing 12 Months | 10.35 |
PEG Ratio | 1.17 |
vs. Previous Year | 26.37% |
vs. Previous Quarter | 17.35% |
vs. Previous Year | 13.46% |
vs. Previous Quarter | 7.24% |
Price/Book | 3.18 |
Price/Cash Flow | 8.23 |
Price / Sales | 3.70 |
6/30/24 | 32.68 |
3/31/24 | 31.70 |
12/31/23 | 31.85 |
6/30/24 | 11.48 |
3/31/24 | 11.01 |
12/31/23 | 10.90 |
6/30/24 | 0.99 |
3/31/24 | 0.72 |
12/31/23 | 1.07 |
6/30/24 | 0.95 |
3/31/24 | 0.67 |
12/31/23 | 1.01 |
6/30/24 | 35.95 |
3/31/24 | 34.96 |
12/31/23 | 34.82 |
6/30/24 | 35.95 |
3/31/24 | 34.96 |
12/31/23 | 34.82 |
6/30/24 | 36.40 |
3/31/24 | 35.40 |
12/31/23 | 35.25 |
6/30/24 | 13.41 |
3/31/24 | 12.88 |
12/31/23 | 12.65 |
6/30/24 | 29.67 |
3/31/24 | 30.17 |
12/31/23 | 31.05 |
6/30/24 | 1.41 |
3/31/24 | 1.44 |
12/31/23 | 1.52 |
6/30/24 | 58.70 |
3/31/24 | 59.68 |
12/31/23 | 61.41 |