|Bid||0.00 x 1000|
|Ask||38.33 x 1800|
|Day's Range||32.80 - 33.89|
|52 Week Range||31.60 - 39.38|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||15.46|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||2.55 (7.67%)|
|1y Target Est||42.25|
FINDLAY, Ohio , Nov. 8, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that it has issued notices of redemption (the "Redemption Notices") to redeem all of the $750 million outstanding ...
FINDLAY, Ohio , Nov. 7, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $2,250,000,000 in aggregate principal amount of unsecured senior notes in an underwritten public offering ...
NEW YORK, Nov. 07, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Even though Marathon Petroleum slightly missed earnings this past quarter, it's still a great business poised to succeed once it completes its major acquisition.
MPLX LP and 11 subsidiaries agreed to a settlement agreement with the U.S. Environmental Protection Agency, Pennsylvania Department of Environmental Protection and others to boost air pollution controls and pay a $925,000 penalty for what the EPA said were violation of clean air laws at its gas processing plants.
So far, MPLX (MPLX) stock has fallen ~4% in 2018. In comparison, Magellan Midstream Partners (MMP) has fallen ~14%. Enterprise Products Partners (EPD) stock is roughly flat, while ONEOK (OKE) and Plains All American Pipeline (PAA) have risen 19% and 7%, respectively. MPLX’s mean target price, provided by Reuters-surveyed analysts, is $42. The target price implies an upside potential of ~22% from MPLX’s current price of $34.5.
MPLX’s (MPLX) Logistics and Storage segment’s third-quarter earnings grew ~2.5x compared to its earnings in the third quarter of 2017. The strong growth was driven by contributions from drop-down assets acquired from Marathon Petroleum (MPC). The segment’s earnings grew 24% YoY (year-over-year) excluding the impact of drop-downs. The segment’s earnings grew 4% sequentially.
FINDLAY, Ohio , Nov. 1, 2018 /PRNewswire/ -- Timothy J. Aydt, president, Marathon Pipe Line LLC, and vice president, operations of MPLX GP LLC, the general partner of MPLX LP (NYSE: MPLX), has been appointed ...
Enterprise Products Partners (EPD) is witnessing growing demand for midstream services. Commenting on the demand environment, A.J. “Jim” Teague, the CEO of Enterprise Products Partners’ general partner, said, “The current environment of strong demand for midstream energy services, coupled with productive discussions with customers to develop new infrastructure projects across all four of our business segments, is the strongest business climate we have seen in recent memory.” Enterprise Products Partners aims to benefit by catering to the rising demand.
FINDLAY, Ohio , Nov. 1, 2018 /PRNewswire/ -- Reported third quarter net income of $510 million and adjusted EBITDA of $937 million , which provided 1.47x distribution coverage and resulted in 3.8x leverage ...
FINDLAY, Ohio , Nov. 1, 2018 /PRNewswire/ -- Reported third quarter earnings of $737 million , or $1.62 per diluted share Refining and Marketing segment income from operations of $666 million as strong ...
FINDLAY, Ohio , Oct. 31, 2018 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.46 per share on common stock. The dividend is payable Dec. 10, ...
The Natural Gas Liquids segment, ONEOK’s (OKE) largest segment, drove the company’s earnings growth in the second quarter. If the optimization margins remain high, they could contribute significantly to the segment’s earnings in the third quarter. Higher expected ethane production might contribute to the segment’s earnings. Higher exports and demand from petrochemical companies are expected to drive the ethane production growth.
FINDLAY, Ohio , Oct. 26, 2018 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6375 per common unit for the third quarter ...
FINDLAY, Ohio , Oct. 26, 2018 /PRNewswire/ -- Andeavor Logistics LP (NYSE: ANDX) announced today the declaration of its quarterly cash distribution for the third quarter 2018 of $1.03 per limited partnership ...
It has slowly evolved so that it can capture a bigger piece of the growth that's up ahead.
The Swordfish Pipeline is being jointly developed by Crimson and MPLX to provide connectivity from existing terminal facilities in St. James, Louisiana, and Raceland, Louisiana, to the Louisiana Offshore Oil Port LLC (LOOP) terminal facility in Clovelly, Louisiana. The proposed pipeline would be a multi-diameter batched system with the ability to transport up to 600,000 barrels of crude oil per day and provide shippers with access to storage services, vessel loading, as well as connectivity to other carriers at the Clovelly Hub.
FINDLAY, Ohio , Oct. 15, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will release its 2018 third-quarter financial results ...
FINDLAY, Ohio , Oct. 15, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will release its 2018 third-quarter financial results before the market opens on Thursday, November 1, 2018 . MPC will ...