MPLX - MPLX LP

NYSE - Nasdaq Real Time Price. Currency in USD
31.47
-0.07 (-0.21%)
As of 1:02PM EDT. Market open.
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Previous Close31.54
Open31.60
Bid31.49 x 1300
Ask31.50 x 1100
Day's Range31.45 - 31.77
52 Week Range28.32 - 39.01
Volume811,478
Avg. Volume1,890,814
Market Cap25.001B
Beta (3Y Monthly)0.85
PE Ratio (TTM)13.73
EPS (TTM)2.29
Earnings DateAug 1, 2019
Forward Dividend & Yield2.67 (8.47%)
Ex-Dividend Date2019-08-02
1y Target Est38.75
Trade prices are not sourced from all markets
  • 3 Reasons Why MPLX LP (MPLX) Is a Great Growth Stock
    Zacks4 hours ago

    3 Reasons Why MPLX LP (MPLX) Is a Great Growth Stock

    MPLX LP (MPLX) is well positioned to outperform the market, as it exhibits above-average growth in financials.

  • PR Newswireyesterday

    MPLX LP Increases Quarterly Distribution

    FINDLAY, Ohio, July 22, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (MPLX) has declared a quarterly cash distribution of $0.6675 per common unit for the second quarter of 2019, or $2.67 on an annualized basis. As previously announced, MPLX expects to close the acquisition of Andeavor Logistics LP (ANDX) on July 30, 2019, subject to the satisfaction or waiver of the remaining customary closing conditions. Given the anticipated timing of the closing of the transaction, the parties expect that ANDX common unitholders will not receive any future distributions from ANDX, but instead will receive the second quarter 2019 distribution with respect to the MPLX common units expected to be issued in connection with the merger.

  • PR Newswireyesterday

    Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index

    DALLAS , July 22, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing ®  30 MLP Index (the "Index"). ...

  • PR Newswireyesterday

    Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP High Income Index

    DALLAS , July 22, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing ® MLP High Income Index (the "Index"). ...

  • PR Newswireyesterday

    Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap Index

    DALLAS , July 22, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, and announce an upcoming interim change to the constituents of The Cushing ® MLP Market Cap Index (the "Index"). ...

  • Is Flaring Limiting Shale Drillers' Production Capacity?
    Zacks5 days ago

    Is Flaring Limiting Shale Drillers' Production Capacity?

    With oil production projected to grow rapidly in the coming days, flaring is bound to surge. It remains to be seen whether it affects oil drillers' production capacity.

  • Oil & Gas Pipeline Industry Outlook Bright on Growth Projects
    Zacks6 days ago

    Oil & Gas Pipeline Industry Outlook Bright on Growth Projects

    Oil & Gas Pipeline Industry Outlook Bright on Growth Projects

  • PR Newswire22 days ago

    MPLX LP to Announce 2019 Second-Quarter Financial Results August 1

    FINDLAY, Ohio , July 1, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Thursday, ...

  • Andeavor Logistics sale expected to close without issue
    American City Business Journals22 days ago

    Andeavor Logistics sale expected to close without issue

    The sale that will complete the union of defunct San Antonio company Andeavor and Ohio-based Marathon Petroleum Corp. is expected to close July 30 with little to no opposition. Marathon [NYSE: MPC] already has the votes it needs to complete the sale between its pipeline and terminal company, MPLX LP (NYSE: MPLX), and Andeavor Logistics LP [NYSE: ANDX], the companies said in a statement last week.

  • Here’s What Hedge Funds Think About MPLX LP (MPLX)
    Insider Monkey25 days ago

    Here’s What Hedge Funds Think About MPLX LP (MPLX)

    "Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]

  • PR Newswire25 days ago

    MPLX LP Announces Unitholder Consent Deadline and Anticipated Closing Date of the Andeavor Logistics Acquisition

    FINDLAY, Ohio, June 28, 2019 /PRNewswire/ -- MPLX LP (MPLX) and Andeavor Logistics LP (ANDX) today announced that the Board of Directors of the general partner of ANDX has set June 28, 2019 as the record date for determining holders of ANDX common units entitled to execute and deliver written consents with respect to the proposed acquisition. ANDX's general partner and a subsidiary of Marathon Petroleum Corporation (MPC), which together own approximately 64% of ANDX's common units, have delivered written consents adopting and approving in all respects the Agreement and Plan of Merger, dated as of May 7, 2019 (the "Merger Agreement") and the transactions contemplated thereby. The delivery of these consents is sufficient to adopt the Merger Agreement and approve the acquisition of ANDX by MPLX, without the receipt of written consent from any other holder of ANDX units.

  • Motley Foollast month

    3 Stocks to Buy With Dividends Yielding More Than 6%

    These MLPs offer income-seeking investors some big-time yields.

  • Ohio-based midstream MLP considers $460M project near Houston
    American City Business Journalslast month

    Ohio-based midstream MLP considers $460M project near Houston

    The project is the latest in a string of tax incentive application for new fractionators worth hundreds of millions of dollars.

  • Why Is MPLX LP (MPLX) Up 1.1% Since Last Earnings Report?
    Zacks2 months ago

    Why Is MPLX LP (MPLX) Up 1.1% Since Last Earnings Report?

    MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • MPLX Makes Final Investment Decision on Whistler Pipeline
    Zacks2 months ago

    MPLX Makes Final Investment Decision on Whistler Pipeline

    To capitalize on the pipeline bottleneck in the Permian, MPLX has various pipeline projects underway, which are likely to poise the firm well for strong distributable cash flows in the future.

  • PR Newswire2 months ago

    MPLX, WhiteWater Midstream and Stonepeak/WTG Proceeding with Whistler Pipeline Project

    FINDLAY, Ohio, June 5, 2019 /PRNewswire/ -- MPLX LP (MPLX), WhiteWater Midstream (WhiteWater) backed by First Infrastructure Capital, and a joint venture between Stonepeak Infrastructure Partners (Stonepeak) and West Texas Gas, Inc. (WTG) have reached a final investment decision to move forward with the design and construction of the Whistler Pipeline after having secured sufficient firm transportation agreements with shippers. The majority of available capacity on the planned pipeline has been subscribed and committed by long-term transportation agreements.

  • Reuters2 months ago

    MPLX expects to restart Ozark crude pipeline on Thursday -traders

    MPLX LP said on Wednesday that the issue that forced the shutdown of its 360,000 barrels per day (bpd) Ozark crude pipeline from Cushing Oklahoma to Wood River, Illinois has been resolved, traders told Reuters, citing a shipper notice. U.S. cash crude markets at Cushing, the delivery point for U.S. crude futures had weakened significantly on Tuesday after the outage.

  • 3 Top Oil Stocks to Buy in May
    Motley Fool2 months ago

    3 Top Oil Stocks to Buy in May

    These top oil industry stocks are ripe to outperform.

  • 3 Top Energy Stocks to Buy Right Now
    Motley Fool2 months ago

    3 Top Energy Stocks to Buy Right Now

    A high-yield value stock, a technology leader in solar, and the biggest supplier of renewable natural gas.

  • This High-Yield Merger Makes So Much Sense
    Motley Fool2 months ago

    This High-Yield Merger Makes So Much Sense

    Siblings MPLX and Andeavor Logistics are combining to form an even larger-scale MLP.

  • GlobeNewswire2 months ago

    ANDEAVOR LOGISTICS LP UNITHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger

    WILMINGTON, Del., May 10, 2019 -- Rigrodsky & Long, P.A.: Do you own units of Andeavor Logistics LP (NYSE: ANDX)? Did you purchase any of your units prior to May 8,.

  • MPLX Surpasses Earnings Estimates in Q1, Misses Revenues
    Zacks2 months ago

    MPLX Surpasses Earnings Estimates in Q1, Misses Revenues

    MPLX's first-quarter earnings are supported by contribution from dropdown transactions related to the Logistics and Supply segment's pipelines and refining logistics assets.

  • Marathon company to acquire Andeavor Logistics in $9B deal
    American City Business Journals2 months ago

    Marathon company to acquire Andeavor Logistics in $9B deal

    The parent company of Dayton's largest company, Speedway LLC, has finalized its merger of two additional companies.

  • Moody's2 months ago

    Andeavor Logistics LP -- Moody's upgrades MPLX to Baa2, Andeavor Logistics to Baa3

    Moody's Investors Service ("Moody's") upgraded MPLX LP's (MPLX) senior unsecured debt rating to Baa2 from Baa3. At the same time, Moody's upgraded the ratings of Andeavor Logistics LP (ANDX) including its senior unsecured debt to Baa3 from Ba1, and its preferred equity to Ba2 from Ba3.