MPLX
MPLX LP [MPLX] Stock Forecast
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MPLX
In the News
MPLX LP to Report Third-Quarter Financial Results on October 31, 2023
FINDLAY, Ohio , Sept. 12, 2023 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, October 31, 2023, at 9:30 a.m.
3 Midstream Stocks to Gain Amid Energy Market Volatility
Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like Kinder Morgan (KMI), The Williams Companies (WMB) and MPLX.
50 Large-Cap High-Yield Stocks For September
Dogsofthedow.com recently published this list of 50 large-cap high-dividend stocks as of 8/31/23 per data from YCharts. The list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation went belly-up." Investors reduce volatility/risk by limiting high-dividend search to large-well-established companies.
Want More Income? You Won't Want to Miss These Ultra-High-Yielding Investments.
Enterprise Products Partners pays a 7.5%-yielding distribution it has increased for 25 straight years. Delek Logistics Partners has increased its high-yielding payout for 42 straight quarters.
Love Dividends? Here Are 3 Great Income Stocks From the Energy Patch.
Exxon has an incredible streak of dividend growth despite oil being an inherently volatile sector. MPLX has steadily increased its monster payout.
MPLX: Strong Performance Should Lead To A Hefty Distribution Increase
MPLX continues to put up steady results, with another strong showing in Q2. MPLX has attractive growth projects in both segments and trades at a reasonable valuation with a high yield. Expect the company to meaningfully increase its distribution next quarter.
Merger Mania Hits the Energy Sector. Will This 8.9%-Yielding Dividend Stock Get Caught Up in the Current M&A Wave?
A consolidation wave has hit the energy sector. Midstream companies are a big part of the wave, with MLPs as the prime acquisition target.
3 Midstream Stocks to Gain Amid Energy Market Volatility
Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like Kinder Morgan (KMI), The Williams Companies (WMB) and MPLX.
A Warm November Rain (Increased Distributions) Awaits MPLX Investors
MPLX reported strong second quarter financials, in line with expectations and similar to the first quarter. The excess cash flow was higher in the second quarter compared to the first quarter. Management plans to prioritize distribution as the primary return of capital tool and may consider opportunistic repurchases.
4 Oil Pipeline Stocks to Gain Despite Industry Challenges
Conservative capital spending by upstream players and possibilities of soft fuel demand could hurt demand for midstream players' assets. Kinder Morgan (KMI), Williams Companies (WMB), MPLX and Plains (PAGP) are surviving the industry challenges.
MPLX Financial details
MPLX Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
| Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 7.99 | 9.52 | 7.85 | 9.32 | 10.44 | |
| Net income per share | 2.39 | 1.14 | -0.65 | 3 | 3.9 | |
| Operating cash flow per share | 3.71 | 4.51 | 4.3 | 4.78 | 4.97 | |
| Free cash flow per share | 1.19 | 1.85 | 3.18 | 4.27 | 4.17 | |
| Cash per share | 0.09 | 0.02 | 0.01 | 0.01 | 0.24 | |
| Book value per share | 9.02 | 18.34 | 12.39 | 11.74 | 12.42 | |
| Tangible book value per share | 5.06 | 6.41 | 4.19 | 3.47 | 4.15 | |
| Share holders equity per share | 9.02 | 18.34 | 12.39 | 11.74 | 12.42 | |
| Interest debt per share | 19.64 | 23.42 | 20.53 | 19.42 | 21.02 | |
| Market cap | 23.06B | 23.07B | 22.75B | 30.39B | 33.17B | |
| Enterprise value | 36.38B | 43.35B | 43.42B | 49.44B | 53.23B | |
| P/E ratio | 12.68 | 22.33 | -33.12 | 9.88 | 8.41 | |
| Price to sales ratio | 3.79 | 2.67 | 2.76 | 3.17 | 3.15 | |
| POCF ratio | 8.16 | 5.65 | 5.03 | 6.19 | 6.61 | |
| PFCF ratio | 25.42 | 13.78 | 6.82 | 6.93 | 7.87 | |
| P/B Ratio | 3.36 | 1.39 | 1.75 | 2.52 | 2.64 | |
| PTB ratio | 3.36 | 1.39 | 1.75 | 2.52 | 2.64 | |
| EV to sales | 5.98 | 5.03 | 5.26 | 5.16 | 5.05 | |
| Enterprise value over EBITDA | 14.54 | 12.13 | 17.99 | 12.26 | 10.84 | |
| EV to operating cash flow | 12.87 | 10.62 | 9.6 | 10.07 | 10.61 | |
| EV to free cash flow | 40.11 | 25.9 | 13.01 | 11.28 | 12.64 | |
| Earnings yield | 0.08 | 0.04 | -0.03 | 0.1 | 0.12 | |
| Free cash flow yield | 0.04 | 0.07 | 0.15 | 0.14 | 0.13 | |
| Debt to equity | 2.08 | 1.22 | 1.59 | 1.58 | 1.62 | |
| Debt to assets | 0.63 | 0.5 | 0.57 | 0.54 | 0.57 | |
| Net debt to EBITDA | 5.32 | 5.68 | 8.56 | 4.72 | 4.09 | |
| Current ratio | 0.76 | 0.7 | 0.73 | 0.45 | 0.79 | |
| Interest coverage | 3.79 | 2.6 | 1.16 | 3.13 | 3.98 | |
| Income quality | 1.54 | 2.79 | -6.58 | 1.58 | 1.26 | |
| Dividend Yield | 0.26 | 0.13 | 0.13 | 0.12 | 0.09 | |
| Payout ratio | 3.3 | 2.94 | -4.38 | 1.16 | 0.77 | |
| Sales general and administrative to revenue | 0.05 | 0.04 | 0.05 | 0.04 | 0.03 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.13 | 0.27 | 0.24 | 0.24 | 0.23 | |
| Capex to operating cash flow | -0.68 | -0.59 | -0.26 | -0.11 | -0.16 | |
| Capex to revenue | -0.32 | -0.28 | -0.14 | -0.06 | -0.08 | |
| Capex to depreciation | -2.51 | -1.92 | -0.86 | -0.41 | -0.66 | |
| Stock based compensation to revenue | 0.03 | 0.17 | 0.43 | 0.02 | 0 | |
| Graham number | 22.02 | 21.69 | 13.5 | 28.13 | 33.04 | |
| ROIC | 0.12 | 0.05 | 0.03 | 0.09 | 0.11 | |
| Return on tangible assets | 0.09 | 0.03 | -0.02 | 0.11 | 0.14 | |
| Graham Net | -20.08 | -25.18 | -21.39 | -21.81 | -21.5 | |
| Working capital | -289M | -648M | -571M | -1.84B | -496M | |
| Tangible asset value | 3.85B | 5.81B | 4.4B | 3.56B | 4.2B | |
| Net current asset value | -15.02B | -22.33B | -21.88B | -21.95B | -21.21B | |
| Invested capital | 2.08 | 1.22 | 1.59 | 1.58 | 1.62 | |
| Average receivables | 579M | 973M | 1.18B | 1.21B | 1.38B | |
| Average payables | 156.5M | 202M | 197M | 162M | 198M | |
| Average inventory | 71M | 93.5M | 114M | 130M | 145M | |
| Days sales outstanding | 42.39 | 52.48 | 49.8 | 49.33 | 50.59 | |
| Days payables outstanding | 16.61 | 17.79 | 11.92 | 11.37 | 13.08 | |
| Days of inventory on hand | 7.9 | 8.08 | 9.26 | 9.39 | 8.64 | |
| Receivables turnover | 8.61 | 6.96 | 7.33 | 7.4 | 7.21 | |
| Payables turnover | 21.97 | 20.52 | 30.61 | 32.09 | 27.91 | |
| Inventory turnover | 46.22 | 45.15 | 39.43 | 38.87 | 42.24 | |
| ROE | 0.26 | 0.06 | -0.05 | 0.26 | 0.31 | |
| Capex per share | -2.52 | -2.66 | -1.13 | -0.52 | -0.8 |
Quarterly Fundamentals Overview
Last date of statement is 2023-06-30 for Q2
| Metric | History | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 |
|---|---|---|---|---|---|---|
| Revenue per share | 2.76 | 2.72 | 2.49 | 2.55 | 2.49 | |
| Net income per share | 0.86 | 1.4 | 0.81 | 0.94 | 0.93 | |
| Operating cash flow per share | 1.47 | 1.03 | 1.36 | 1.23 | 1.44 | |
| Free cash flow per share | 1.35 | 0.79 | 1.09 | 1.06 | 1.44 | |
| Cash per share | 0.29 | 0.12 | 0.24 | 0.39 | 0.75 | |
| Book value per share | 12 | 12.55 | 12.51 | 12.07 | 12.21 | |
| Tangible book value per share | 4.64 | 5.21 | 4.18 | 3.76 | 35.84 | |
| Share holders equity per share | 12 | 12.55 | 12.51 | 12.07 | 12.21 | |
| Interest debt per share | 20.59 | 20.59 | 20.47 | 20.66 | 0.23 | |
| Market cap | 29.5B | 30.31B | 32.94B | 34.48B | 33.97B | |
| Enterprise value | 49.83B | 50.77B | 53B | 54.49B | 33.22B | |
| P/E ratio | 8.47 | 5.37 | 10.09 | 9.14 | 9.1 | |
| Price to sales ratio | 10.55 | 11.05 | 13.17 | 13.53 | 13.61 | |
| POCF ratio | 19.84 | 29.17 | 24.08 | 28.1 | 23.64 | |
| PFCF ratio | 21.66 | 37.98 | 30.03 | 32.59 | 23.64 | |
| P/B Ratio | 2.43 | 2.39 | 2.63 | 2.85 | 2.78 | |
| PTB ratio | 2.43 | 2.39 | 2.63 | 2.85 | 2.78 | |
| EV to sales | 17.82 | 18.51 | 21.19 | 21.38 | 13.31 | |
| Enterprise value over EBITDA | 35.42 | 25.94 | 50 | 45.56 | 28.27 | |
| EV to operating cash flow | 33.51 | 48.87 | 38.74 | 44.41 | 23.12 | |
| EV to free cash flow | 36.59 | 63.62 | 48.31 | 51.5 | 23.12 | |
| Earnings yield | 0.03 | 0.05 | 0.02 | 0.03 | 0.03 | |
| Free cash flow yield | 0.05 | 0.03 | 0.03 | 0.03 | 0.04 | |
| Debt to equity | 1.7 | 1.62 | 1.62 | 1.69 | 0 | |
| Debt to assets | 0.58 | 0.57 | 0.57 | 0.57 | 0 | |
| Net debt to EBITDA | 14.45 | 10.46 | 18.93 | 16.72 | -0.64 | |
| Current ratio | 0.74 | 0.78 | 0.79 | 0.3 | 0 | |
| Interest coverage | 5.24 | 7.71 | 3.23 | 3.7 | 5.04 | |
| Income quality | 1.68 | 0.72 | 1.66 | 1.29 | 0 | |
| Dividend Yield | 0.02 | 0.02 | 0.02 | 0.02 | 0 | |
| Payout ratio | 0.84 | 0.54 | 0.98 | 0.87 | 0 | |
| Sales general and administrative to revenue | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.24 | 0.23 | 0.23 | 0.23 | 0 | |
| Capex to operating cash flow | -0.08 | -0.23 | -0.2 | -0.14 | 0 | |
| Capex to revenue | -0.04 | -0.09 | -0.11 | -0.07 | 0 | |
| Capex to depreciation | -0.4 | -0.8 | -0.89 | -9.94 | 0 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
| Graham number | 15.24 | 19.86 | 15.13 | 15.99 | 16 | |
| ROIC | 0.03 | 0.05 | 0.02 | 0.03 | 0.1 | |
| Return on tangible assets | 0.03 | 0.05 | 0.03 | 0.03 | 0.03 | |
| Graham Net | -20.92 | -20.55 | -21.65 | -22.57 | 0.75 | |
| Working capital | -723M | -548M | -496M | -919M | 755M | |
| Tangible asset value | 4.7B | 5.26B | 4.2B | 3.76B | 35.87B | |
| Net current asset value | -20.66B | -20.22B | -21.21B | -23.2B | 755M | |
| Invested capital | 1.7 | 1.62 | 1.62 | 1.69 | 0 | |
| Average receivables | 1.52B | 1.57B | 1.54B | 1.09B | 357M | |
| Average payables | 283M | 320.5M | 256.5M | 181.5M | 69.5M | |
| Average inventory | 153M | 154M | 149.5M | 144.5M | 70.5M | |
| Days sales outstanding | 48.61 | 53.38 | 52.57 | 25.21 | 0 | |
| Days payables outstanding | 18.55 | 16.17 | 13.47 | 8.95 | 0 | |
| Days of inventory on hand | 8.27 | 8.45 | 8.9 | 9.08 | 0 | |
| Receivables turnover | 1.85 | 1.69 | 1.71 | 3.57 | 0 | |
| Payables turnover | 4.85 | 5.57 | 6.68 | 10.06 | 0 | |
| Inventory turnover | 10.88 | 10.66 | 10.11 | 9.91 | 0 | |
| ROE | 0.07 | 0.11 | 0.07 | 0.08 | 0.08 | |
| Capex per share | -0.12 | -0.24 | -0.27 | -0.17 | 0 |
MPLX Frequently Asked Questions
What is MPLX LP stock symbol ?
MPLX LP is a US stock , located in Findlay of Oh and trading under the symbol MPLX
Is MPLX LP buy or a sell ?
14 stock analysts have 14 predictions with a medium analyst target price of $37.32. The lowest prediction is $33.5 and the highest is $41
What is MPLX stock prediction ?
What is MPLX LP stock quote today ?
MPLX LP stock price is $35.269 today.
Is MPLX LP stock public?
Yes, MPLX LP is a publicly traded company.
Company Profile
- Volume Average 1.78M
- Market Capitalization 35.07B
- Employee 6.2K
- CEO Mr. Michael J. Hennigan
- Headquarters Findlay,OH,US
- IPO Date 2012-10-26
-
Website
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. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.
