Q4 Earnings Estimate for Mplx Issued By US Capital Advisors

Mplx Lp (NYSE:MPLX - Free Report) - Analysts at US Capital Advisors issued their Q4 2026 earnings estimates for Mplx in a note issued to investors on Monday, March 24th. US Capital Advisors analyst J. Carreker expects that the pipeline company will post earnings of $1.11 per share for the quarter. The consensus estimate for Mplx's current full-year earnings is $4.41 per share.

Several other research analysts have also recently commented on MPLX. StockNews.com cut shares of Mplx from a "strong-buy" rating to a "buy" rating in a report on Sunday, March 2nd. Raymond James boosted their target price on shares of Mplx from $55.00 to $60.00 and gave the stock an "outperform" rating in a research note on Thursday, February 6th. Morgan Stanley raised their price target on Mplx from $56.00 to $62.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 11th. Wells Fargo & Company upped their target price on shares of Mplx from $54.00 to $59.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Finally, Royal Bank of Canada upped their target price on Mplx from $55.00 to $58.00 and gave the company an "outperform" rating in a research 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 given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $54.00.

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Mplx Stock Up 0.6 %

Shares of Mplx stock traded up $0.34 on Tuesday, reaching $54.02. 1,177,742 shares of the company were exchanged, compared to its average volume of 1,785,474. The stock's 50 day moving average price is $53.07 and its 200-day moving average price is $48.85. The company has a market cap of $55.23 billion, a P/E ratio of 12.83, a price-to-earnings-growth ratio of 1.69 and a beta of 1.40. Mplx has a 1-year low of $39.56 and a 1-year high of $54.87. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.95.

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

Hedge Funds Weigh In On Mplx

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its holdings in Mplx by 9.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 93,181 shares of the pipeline company's stock valued at $4,460,000 after purchasing an additional 7,792 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its stake in Mplx by 1.1% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 21,520 shares of the pipeline company's stock valued at $1,030,000 after acquiring an additional 231 shares during the last quarter. Alpine Global Management LLC purchased a new position in Mplx during the 4th quarter valued at about $292,000. Novem Group acquired a new position in Mplx during the fourth quarter worth about $814,000. Finally, First Heartland Consultants Inc. lifted its holdings in shares of Mplx by 4.3% in the fourth quarter. First Heartland Consultants Inc. now owns 9,857 shares of the pipeline company's stock valued at $472,000 after purchasing an additional 408 shares in the last quarter. 24.25% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Mplx

In other news, VP Shawn M. Lyon purchased 4,000 shares of the firm's stock in a transaction dated Friday, March 7th. The shares were acquired at an average price of $52.75 per share, with a total value of $211,000.00. Following the purchase, the vice president now directly owns 25,299 shares of the company's stock, valued at $1,334,522.25. The trade was a 18.78 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Mplx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a dividend of $0.9565 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $3.83 annualized dividend and a yield of 7.08%. Mplx's payout ratio is currently 90.74%.

Mplx Company Profile

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.