MPLX - MPLX LP

NYSE - NYSE Delayed Price. Currency in USD
35.55
-0.20 (-0.56%)
At close: 4:00PM EDT
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Previous Close35.75
Open35.38
Bid0.00 x 800
Ask36.77 x 900
Day's Range34.73 - 35.92
52 Week Range30.88 - 39.38
Volume1,660,391
Avg. Volume1,916,874
Market Cap28.226B
Beta1.52
PE Ratio (TTM)22.03
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.47 (6.84%)
Ex-Dividend Date2018-05-04
1y Target EstN/A
Trade prices are not sourced from all markets
  • Harvest Fund Advisors Added Major Positions in PAA in Q1 2018
    Market Realist4 days ago

    Harvest Fund Advisors Added Major Positions in PAA in Q1 2018

    So far in this series, we’ve looked into the institutional activity in four major MLPs: Enterprise Products Partners (EPD), MPLX LP (MPLX), Energy Transfer Partners (ETP), and Energy Transfer Equity (ETE).

  • What Did Institutional Investors Do with Their Positions in EPD?
    Market Realist4 days ago

    What Did Institutional Investors Do with Their Positions in EPD?

    The number of institutional holders in Enterprise Products Partners (EPD) fell to 1,063 by the end of the first quarter compared to 1,069 in the previous quarter.

  • Why Morgan Stanley Sold MLPs during Q1 2018
    Market Realist5 days ago

    Why Morgan Stanley Sold MLPs during Q1 2018

    MLPs have been on a recovery path due to improvements in their financial positions, prudent capital spending, and—most importantly—recovery in earnings growth resulting from strong US production growth and strong crude oil prices. 

  • Wall Street Analysts Are Largely Bullish on ETP and ETE
    Market Realist8 days ago

    Wall Street Analysts Are Largely Bullish on ETP and ETE

    According to a Reuters’ survey, 75.0% of the analysts rated Energy Transfer Partners (ETP) as a “buy” as of May 15, while the remaining 25.0% rated it as a “hold.” MPLX LP (MPLX), Enterprise Products Partners (EPD), and Williams Partners (WPZ) have “buy” ratings from 94.4%, 100.0%, and 80.9% of the analysts, respectively.

  • KMI, EPD, WPZ, MPLX: Analysts Are Bullish on Midstream Companies
    Market Realist11 days ago

    KMI, EPD, WPZ, MPLX: Analysts Are Bullish on Midstream Companies

    Of the analysts covering Kinder Morgan (KMI), 64% recommended “buy,” and 36% recommended “hold.” Their price target for Kinder Morgan is $21, implying a 28% upside to its current price of $16.45.

  • Short Interest in Enterprise Products Partners Falls
    Market Realist11 days ago

    Short Interest in Enterprise Products Partners Falls

    The number of Enterprise Products Partners (EPD) shares shorted fell ~37.5% from ~17.3 million on April 13 to ~10.8 million on April 30. According to data released on May 9, short interest in Enterprise Products Partners as a percentage of its float is ~0.8%. Enterprise Products’ short interest ratio is 2x, which shows that it would take nearly two days to cover all open short positions in EPD.

  • MLPs’ Strong Earnings Growth Continued in 1Q18
    Market Realist12 days ago

    MLPs’ Strong Earnings Growth Continued in 1Q18

    Master limited partnerships or MLPs saw continued strong earnings growth in 1Q18 after a solid fourth quarter of 2017. Of the top 15 limited partnerships by market capitalization, 14 reported YoY (year-over-year) growth in quarterly revenue and EBITDA (earnings before interest, tax, depreciation, and amortization). Seven of these limited partnerships reported QoQ (quarter-over-quarter) growth in revenue while nine reported QoQ growth in adjusted EBITDA. ...

  • Institutional Investors Seem Bullish on Kinder Morgan
    Market Realist12 days ago

    Institutional Investors Seem Bullish on Kinder Morgan

    According to recent filings, the top ten investors in Kinder Morgan (KMI) added net 20.3 million Kinder Morgan shares to their positions. According to a March 9 filing, Richard Kinder added 0.5 million KMI shares to his position. Kinder owns nearly 246 million KMI shares, which represent 11.1% of KMI’s total outstanding shares. BlackRock Institutional Trust disclosed an addition of 0.6 million KMI shares in a March 31 filing.

  • KMI, EPD, WPZ, and MPLX: A Leverage Comparison
    Market Realist12 days ago

    KMI, EPD, WPZ, and MPLX: A Leverage Comparison

    Kinder Morgan’s (KMI) net debt stood at $37.0 billion at the end of 1Q18, $331 million higher quarter-over-quarter. Of the $331 million increase, nearly $100 million was associated with increased debt at Kinder Morgan Canada (KML.TO). Notably, Kinder Morgan’s net debt has fallen ~$5.8 billion since the end of 1Q15.

  • Comparing Top Midstream Companies’ Capex
    Market Realist12 days ago

    Comparing Top Midstream Companies’ Capex

    All four companies we’re analyzing—Enterprise Products Partners (EPD), Kinder Morgan (KMI), Williams Partners (WPZ), and MPLX (MPLX)—raised their capital expenditure YoY (year-over-year) in 2017. Enterprise Products Partners’ capital spending rose 11% in 2017 while Williams Partners’ rose 24%.

  • Why Enterprise Products Partners’ Yield Is Attractive
    Market Realist15 days ago

    Why Enterprise Products Partners’ Yield Is Attractive

    All four midstream companies we’re analyzing in this series—Enterprise Products Partners (EPD), Kinder Morgan (KMI), Williams Partners (WPZ), and MPLX (MPLX)—are trading at attractive yields. Enterprise Products Partners and MPLX are trading at yields of 6.4% and 7.1%, respectively, while Williams Partners is trading at a yield of ~6.7%. Kinder Morgan’s recent 60% dividend increase has raised its yield to ~5.0%.

  • Which Midstream Company Has the Highest Earnings Growth?
    Market Realist15 days ago

    Which Midstream Company Has the Highest Earnings Growth?

    MPLX’s (MPLX) EBITDA (earnings before interest, tax, depreciation, and amortization) grew 80% YoY (year-over-year) in 1Q18, boosted by drop-down assets from parent Marathon Petroleum (MPC). MPLX’s EBITDA grew 41% YoY in fiscal 2017.

  • While This 15%-Yielder's Q1 Results Looked Solid, What's Coming Down the Pipeline Isn't Clear
    Motley Fool15 days ago

    While This 15%-Yielder's Q1 Results Looked Solid, What's Coming Down the Pipeline Isn't Clear

    Enbridge Energy Partners, L.P. is one of the MLPs deeply impacted by a recent policy change.

  • Higher Permian Volumes Drove Plains All American’s 1Q18 Results
    Market Realist17 days ago

    Higher Permian Volumes Drove Plains All American’s 1Q18 Results

    Plains All American Pipeline (PAA) reported its 1Q18 results on May 8 after the market closed. Plains All American reported 16% YoY (year-over-year) growth in its adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) for the quarter. The adjusted EBITDA excludes gains from derivative activities. Plains All American reported $285 million in gains from derivative activities in 1Q17.

  • A New Question Now Hovers Over MPLX's Earnings
    Motley Fool18 days ago

    A New Question Now Hovers Over MPLX's Earnings

    Just when investors were going to get answers about its recent drop down from Marathon Petroleum, another acquisition has people wondering what the company's future will look like.

  • With the Announced Andeavor Deal, Do Marathon's Earnings Matter That Much?
    Motley Fool23 days ago

    With the Announced Andeavor Deal, Do Marathon's Earnings Matter That Much?

    So much is expected to change because of this monumental transaction that some may simply overlook a less-than-awesome quarter.

  • ONEOK’s 1Q18 Earnings Rose 24% Due to Higher Volumes
    Market Realist24 days ago

    ONEOK’s 1Q18 Earnings Rose 24% Due to Higher Volumes

    ONEOK (OKE) reported its 1Q18 results on May 1. The company’s adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) grew 24% YoY (year-over-year) in 1Q18. ONEOK’s 1Q18 EBITDA exceeded analysts’ expectations for the quarter. The growth was driven by higher volumes in the STACK and SCOOP plays and the Williston and Permian basins. Optimization and marketing activities in ONEOK’s Natural Gas Liquids segment also contributed to the earnings growth.

  • Marathon Petroleum (MPC) Q1 Earnings Miss on Lower Margins
    Zacks25 days ago

    Marathon Petroleum (MPC) Q1 Earnings Miss on Lower Margins

    Operating loss from Marathon Petroleum's (MPC) Refining & Marketing segment was $133 million compared with $70 million in the year-ago quarter.

  • Dropdown Assets Drive MPLX’s 1Q18 Earnings Growth
    Market Realist25 days ago

    Dropdown Assets Drive MPLX’s 1Q18 Earnings Growth

    MPLX (MPLX), the MLP subsidiary of Marathon Petroleum (MPC), reported its 1Q18 results on April 30, 2018. The company’s adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) rose 80% to $760 million in 1Q18 from $423 million in 1Q17. 

  • Thomson Reuters StreetEvents25 days ago

    Edited Transcript of MPLX earnings conference call or presentation 30-Apr-18 3:00pm GMT

    Q1 2018 MPLX LP Earnings Call

  • Moody's26 days ago

    MPLX LP -- Moody's affirms Marathon Petroleum's Baa2 rating and reviews Andeavor and Andeavor Logistics for upgrade

    Moody's Investors Service, ("Moody's") affirmed Marathon Petroleum Corporation's (MPC) Baa2 senior unsecured debt rating with the outlook remaining stable, and placed Andeavor's (ANDV) Baa3 senior unsecured debt rating under review for upgrade. Moody's also placed Andeavor Logistics LP's (ANDX) Ba1 Corporate Family Rating (CFR) and Ba1 senior unsecured notes rating under review for upgrade.

  • MarkWest agrees to $610K civil penalty for alleged VOC violations in Ohio, Pennsylvania
    American City Business Journalslast month

    MarkWest agrees to $610K civil penalty for alleged VOC violations in Ohio, Pennsylvania

    Consent decree also includes $2.6 million in improvements that will be made.

  • Deutsche Bank Started Coverage on 18 MLPs
    Market Realistlast month

    Deutsche Bank Started Coverage on 18 MLPs

    So far in this series, we have discussed the performance of the broader MLP sector, top MLP gainers, and top MLP losses in the week ending April 20. In this part, we’ll discuss last week’s MLP rating updates.

  • Genesis Energy Is Trading at a Discount despite Strong Earnings
    Market Realistlast month

    Genesis Energy Is Trading at a Discount despite Strong Earnings

    So far in this series, we’ve looked at the earnings growth expectations for six midstream companies, including Noble Midstream Partners (NBLX), MPLX (MPLX), Phillips 66 Partners (PSXP), Antero Midstream Partners (AM), Andeavor Logistics (ANDX), and Energy Transfer Partners (ETP). In this part, we’ll look at the earnings expectations for Genesis Energy (GEL).