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MPLX LPNYSE: MPLX

Profile

Sector:

Energy

Country:

United States

IPO:

26 October 2012

Next earnings report:

30 January 2025

Last dividends:

08 November 2024

Next dividends:

N/A
$48.55 B
0%vs. 3y high
91%vs. sector
-5%vs. 3y high
42%vs. sector
0%vs. 3y high
86%vs. sector
0%vs. 3y high
87%vs. sector

Price

pre-market | 26 min ago
$47.65$0.00(0.00%)
$2.78 B$3.05 B
$2.78 B$1.04 B

Analysts recommendations

Institutional Ownership

MPLX Latest News

Up To 8% Yield: Three Of My Favorite High-Yield Picks
seekingalpha.com19 November 2024 Sentiment: POSITIVE

In a market filled with uncertainty and high valuations, finding reliable dividend stocks is key to securing steady income and long-term growth. Despite the elevated valuations, there are still high-yield dividend opportunities that can provide stability, even in turbulent times. These three picks offer not just strong yields but also the safety and consistency I'm confident will stand up to any market challenges.

MPLX Vs. Western Midstream: Two Highest Yielding MLPs, One Is Superior
seekingalpha.com18 November 2024 Sentiment: POSITIVE

MPLX LP and Western Midstream are top MLPs in the Alerian MLP ETF, accounting for over 25% of AMLP's assets under management. Both MPLX and WES offer the highest distribution yields in the MLP sector, with MPLX at 8.14% and WES at 9.16%. I am bullish on both due to their high yields, strong balance sheets, and low valuations, making them ideal for income-seeking portfolios.

MPLX LP Q3 Earnings and Revenues Lag Estimates on Higher Costs
zacks.com07 November 2024 Sentiment: POSITIVE

MPLX Q3 earnings and revenues rise year over year on increased gathered and processed volumes and higher contributions from its Logistics and Storage segment.

This Nearly 8.5%-Yielding Dividend Stock Has Plenty of Fuel to Grow Through at Least 2026
fool.com07 November 2024 Sentiment: POSITIVE

MPLX continues to add new expansion projects to its backlog.

MPLX LP Reports Third-Quarter 2024 Financial Results
prnewswire.com05 November 2024 Sentiment: POSITIVE

FINDLAY, Ohio , Nov. 5, 2024 /PRNewswire/ -- Third -quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.4 billion $1.7 billion of adjusted EBITDA attributable to MPLX and $1.4 billion of distributable cash flow $949 million of capital returned to unitholders Increased quarterly distribution by 12.5% to $3.83 per unit annualized Executing growth strategy in the Northeast with additional processing plant; expected to bring total processing and fractionation capacity to 8.1 bcf/d and 800 mbpd, respectively, in the second half of 2026 MPLX LP (NYSE: MPLX) today reported third-quarter 2024 net income attributable to MPLX of $1,037 million, compared with $918 million for the third quarter of 2023. For the first nine months of the year, net income attributable to MPLX was $3,218 million, compared with $2,794 million in the first nine months of 2023.

MPLX LP (MPLX) Registers a Bigger Fall Than the Market: Important Facts to Note
zacks.com30 October 2024 Sentiment: NEGATIVE

The latest trading day saw MPLX LP (MPLX) settling at $44.37, representing a -0.83% change from its previous close.

MPLX LP (MPLX) Stock Falls Amid Market Uptick: What Investors Need to Know
zacks.com28 October 2024 Sentiment: NEUTRAL

In the most recent trading session, MPLX LP (MPLX) closed at $43.77, indicating a -0.36% shift from the previous trading day.

MPLX: I Am Bullish Heading Into Earnings And The Next Distribution Increase
seekingalpha.com28 October 2024 Sentiment: POSITIVE

I am bullish on MPLX stock due to its strong financial performance, pipeline expansions, and the favorable macroeconomic environment supporting increased energy demand. MPLX's efficient operations and high profit margins position it well to benefit from ongoing U.S. oil production and economic growth. Risks include potential political shifts towards renewable energy and economic downturns, but MPLX's current growth trajectory remains strong.

MPLX LP (MPLX) Registers a Bigger Fall Than the Market: Important Facts to Note
zacks.com21 October 2024 Sentiment: NEGATIVE

In the latest trading session, MPLX LP (MPLX) closed at $43.97, marking a -0.83% move from the previous day.

MPLX: Strong Momentum, But Units Near Fair Value (Rating Downgrade)
seekingalpha.com21 October 2024 Sentiment: POSITIVE

MPLX LP units are rated a hold due to fair valuation despite strong technicals and a high 7.7% distribution yield. MPLX has shown robust financial performance with consecutive earnings beats, solid EBITDA growth, and disciplined management. Key risks include higher interest rates, Appalachian production uncertainty, and broader economic and Energy sector weaknesses.

What type of business is MPLX LP?

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, 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 renewables; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising fleet of boats and barges transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as 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 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.

What sector is MPLX LP in?

MPLX LP is in the Energy sector

What industry is MPLX LP in?

MPLX LP is in the Oil & Gas Midstream industry

What country is MPLX LP from?

MPLX LP is headquartered in United States

When did MPLX LP go public?

MPLX LP initial public offering (IPO) was on 26 October 2012

What is MPLX LP website?

https://www.mplx.com

Is MPLX LP in the S&P 500?

No, MPLX LP is not included in the S&P 500 index

Is MPLX LP in the NASDAQ 100?

No, MPLX LP is not included in the NASDAQ 100 index

Is MPLX LP in the Dow Jones?

No, MPLX LP is not included in the Dow Jones index

When was MPLX LP the previous earnings report?

No data

When does MPLX LP earnings report?

The next expected earnings date for MPLX LP is 30 January 2025