Energy -
Oil & Gas Midstream - NYSE - US
$ 51.38
-0.0584 %
$ 52.4 B
Market Cap
11.87
P/E
1. INTRINSIC VALUE
Balance Sheet
MPLX LP
| Current Assets | 3.28 B |
| Cash & Short-Term Investments | 1.52 B |
| Receivables | 1.54 B |
| Other Current Assets | 214 M |
| Non-Current Assets | 34.2 B |
| Long-Term Investments | 4.53 B |
| PP&E | 19.4 B |
| Other Non-Current Assets | 10.3 B |
| Current Liabilities | 3.24 B |
| Accounts Payable | 147 M |
| Short-Term Debt | 1.69 B |
| Other Current Liabilities | 1.4 B |
| Non-Current Liabilities | 20.3 B |
| Long-Term Debt | 19.7 B |
| Other Non-Current Liabilities | 570 M |
EFFICIENCY
Earnings Waterfall
MPLX LP
| Revenue | 11.9 B |
| Cost Of Revenue | 1.56 B |
| Gross Profit | 10.4 B |
| Operating Expenses | 5.08 B |
| Operating Income | 5.29 B |
| Other Expenses | 931 M |
| Net Income | 4.36 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
MPLX LP
| Net Income | 4.36 B |
| Depreciation & Amortization | 1.28 B |
| Capital Expenditures | -1.06 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 246 M |
| Others | 124 M |
| Free Cash Flow | 4.89 B |
Wall Street Analysts Price Targets
MPLX LP
Wall Street analysts predict an average 1-year price target for MPLX of $49.1 , with forecasts ranging from
a
low of
$43 to a high of $62 .
MPLX Lowest Price Target
Wall Street Target
43 USD
-16.31%
MPLX Average Price Target
Wall Street Target
49.1 USD
-4.39%
MPLX Highest Price Target
Wall Street Target
62 USD
20.67%
4. DIVIDEND
ANALYSIS
1.79%
DIVIDEND YIELD
0.957 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
MPLX LP
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
189 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
211 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Dividend Bargains Too Good For Retirees To Ignore
Retirement income investments usually demand higher valuations for safety, cash flow, and inflation protection, similar to paying more for comprehensive insurance. Many retirees face a gap between income goals and available capital, making high-priced defensive assets less practical. To bridge this gap, seeking higher yields is tempting but risky; caution, diversification, and patience are essential when yields exceed 7%-8%.
seekingalpha.com
- 1 week ago
3 Big Dividend Income Machines Printing Cash For Retirement
Living on dividend income is a great way to retire. However, maintaining a proper balance between yield and growth, as well as sufficient sector diversification, is essential. I share three big dividend income machines that can help create a complete dividend income portfolio.
seekingalpha.com
- 1 week ago
What I Wish I Knew Before Buying BDCs, REITs, And MLPs
BDCs, REITs, and MLPs offer attractive, sustainable yields due to pass-through structures and stable cash flow profiles. However, each of these sectors has its own unique quirks. I discuss several of these that are often overlooked by investors.
seekingalpha.com
- 1 week ago
I'm Locking 7-8% Yields For Future Retirement Income
I prefer high-yielding dividend stocks that enable me to redeploy cash at regular intervals. I highlight 2 such undervalued names that are poised to deliver potentially strong returns. Both have strong business models that have enabled them to grow their asset base, all while supporting hefty dividends for shareholders.
seekingalpha.com
- 1 week ago
Here Are My Top 5 High-Yield Midstream Stocks to Buy Now
For investors in search of high yields and growing distributions, there is no better part of the market to look at than the midstream energy sector. While the players in the industry do face the risks associated with slumping energy volumes and aren't completely immune to energy price downturns, they are generally in great financial shape at the moment and seeing increased growth opportunities.
fool.com
- 1 week ago
MPLX: A High Quality And Cheap Distribution Growth Play
MPLX remains a top midstream pick, due to strong distribution growth, robust coverage, and strategic expansion in the Permian Basin. The full acquisition and planned expansion of the BANGL pipeline are key catalysts for future EBITDA and distributable cash flow growth. The BANGL expansion indicates potential for organic growth and investors should expect more pipeline projects in MPLX's core markets in order for the company to accelerate its NGL growth strategy.
seekingalpha.com
- 1 week ago
1 Energy Stock With a Dividend Yield Over 7% Right Now
The energy sector can be a great place for income investors to find higher-yielding options. The average energy stock in the S&P 500 has a yield of around 3% at its current share price, which is more than double the 1.3% yield of the broad market index.
fool.com
- 1 week ago
Two Alternatives For A Potential $5000 Monthly Income
Traditionally, a large portion of equity returns has come from two factors - reinvested dividends and compounding. We present two income-focused approaches: a fund-based portfolio for hands-off investors and a stock-plus-ETF portfolio for active investors. Both strategies target a 6% income yield, capital preservation, and inflation-beating growth, but differ in maintenance ask and risk profiles.
seekingalpha.com
- 1 week ago
Retirement Yield Trap Or Treasure? 1 Stock To Sell, 1 To Buy
Retirement income investing and high-yields are not mutually exclusive. In fact, I could see a case for building a prudent portfolio that consists of 7%+ yielding securities. Yet, there is a merit of including lower yielding securities as well.
seekingalpha.com
- 2 weeks ago
Why the Market Dipped But MPLX LP (MPLX) Gained Today
MPLX LP (MPLX) closed the most recent trading day at $51.65, moving +1.41% from the previous trading session.
zacks.com
- 2 weeks ago
Rapidly Growing 7%+ Yield: My Favorite High-Yield Fund Today
It is rare to find a fund that combines high yield, high growth, no leverage, and strong underlying quality. I share my favorite fund that checks all of these boxes. I also share how to position it in a portfolio.
seekingalpha.com
- 2 weeks ago
Fortress Income: 7-11% Yields To Make Money While You Sleep
Buying right and holding tight can be a winning investment strategy over in-vogue short-term strategies. EPD has strong fee-based earnings, strong balance sheet, and growth projects coming online, offering a 6.8% yield and potential for double-digit total returns. CSWC excels in the lower middle market with an internally managed structure, low expenses, and an 11% yield, supporting regular and special dividends.
seekingalpha.com
- 2 weeks ago
8. Profile
Summary
MPLX LP MPLX
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 52.4 B
Dividend Yield
1.79%
Description
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.
Contact
200 East Hardin Street, Findlay, OH, 45840-3229
https://www.mplx.com
IPO
Date
Oct. 26, 2012
Employees
6200
Officers
Mr. Michael J. Hennigan
Executive Chairman of the Board of MPLX GP LLC
Mr. Timothy J. Aydt
Executive Vice President of MPLX GP LLC
Mr. Carl Kristopher Hagedorn
Executive Vice President, Chief Financial Officer & Director of MPLX GP LLC
Ms. Maryann T. Mannen
President, Chief Executive Officer & Director of MPLX GP LLC
Mr. Gregory Scott Floerke
Executive Vice President & Chief Operating Officer of MPLX GP LLC
Ms. Molly R. Benson
Chief Legal Officer & Corporate Secretary of MPLX GP LLC
Mr. Rick D. Hessling
Senior Vice President of MPLX GP LLC
Mr. Brian K. Partee
Senior Vice President of MPLX GP LLC
Mr. Shawn M. Lyon
Senior Vice President of Logistics & Storage - MPLX GP LLC
Ms. Kristina Anna Kazarian
Vice President of Finance & Investor Relations - MPLX GP LLC