US Capital Advisors Has Pessimistic View of Mplx Q1 Earnings

Mplx Lp (NYSE:MPLX - Free Report) - US Capital Advisors decreased their Q1 2025 earnings per share (EPS) estimates for shares of Mplx in a report released on Monday, March 24th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will post earnings per share of $0.97 for the quarter, down from their previous forecast of $1.04. 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 2025 earnings at $1.01 EPS, Q3 2025 earnings at $1.06 EPS, Q4 2025 earnings at $1.07 EPS, FY2025 earnings at $4.10 EPS, Q1 2026 earnings at $1.01 EPS, Q2 2026 earnings at $1.06 EPS, Q3 2026 earnings at $1.09 EPS, FY2026 earnings at $4.26 EPS and FY2027 earnings at $4.39 EPS.

Mplx (NYSE:MPLX - Get Free Report) last posted its earnings results on Tuesday, February 4th. The pipeline company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.03. The business had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.07 billion. Mplx had a net margin of 36.18% and a return on equity of 31.94%. Mplx's revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.10 EPS.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley raised their target price on shares of Mplx from $56.00 to $62.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 11th. StockNews.com lowered Mplx from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 2nd. Wells Fargo & Company raised their price objective on Mplx from $54.00 to $59.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Raymond James upped their target price on Mplx from $55.00 to $60.00 and gave the stock an "outperform" rating in a research note on Thursday, February 6th. Finally, Royal Bank of Canada boosted their price objective on shares of Mplx from $55.00 to $58.00 and gave the stock an "outperform" rating in a report on Monday, March 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Mplx has an average rating of "Moderate Buy" and an average target price of $54.00.

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Mplx Price Performance

Mplx stock traded up $0.34 during midday trading on Wednesday, hitting $54.02. 1,177,742 shares of the company's stock were exchanged, compared to its average volume of 1,785,474. The stock has a 50-day moving average price of $53.07 and a two-hundred day moving average price of $48.85. Mplx has a 52-week low of $39.56 and a 52-week high of $54.87. The company has a market cap of $55.23 billion, a P/E ratio of 12.83, a PEG ratio of 1.69 and a beta of 1.40. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.95 and a current ratio of 0.99.

Mplx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were paid a $0.9565 dividend. This represents a $3.83 dividend on an annualized basis and a yield of 7.08%. The ex-dividend date of this dividend was Monday, February 3rd. Mplx's payout ratio is 90.74%.

Insider Activity at Mplx

In other news, VP Shawn M. Lyon bought 4,000 shares of the firm's stock in a transaction dated Friday, March 7th. The stock was purchased at an average price of $52.75 per share, with a total value of $211,000.00. Following the transaction, the vice president now owns 25,299 shares of the company's stock, valued at approximately $1,334,522.25. The trade was a 18.78 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Institutional Investors Weigh In On Mplx

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new position in Mplx during the 4th quarter valued at approximately $31,000. Geneos Wealth Management Inc. increased its holdings in shares of Mplx by 56.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,135 shares of the pipeline company's stock valued at $54,000 after acquiring an additional 409 shares in the last quarter. Generali Asset Management SPA SGR purchased a new position in shares of Mplx in the 4th quarter worth about $56,000. Russell Investments Group Ltd. boosted its stake in Mplx by 139.6% in the 4th quarter. Russell Investments Group Ltd. now owns 1,785 shares of the pipeline company's stock worth $85,000 after purchasing an additional 1,040 shares in the last quarter. Finally, RE Dickinson Investment Advisors LLC grew its position in Mplx by 11.5% during the 4th quarter. RE Dickinson Investment Advisors LLC now owns 2,017 shares of the pipeline company's stock valued at $96,000 after purchasing an additional 208 shares during the last quarter. 24.25% of the stock is owned by hedge funds and other institutional investors.

About Mplx

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water.