MPLX - MPLX LP

NYSE - Nasdaq Real Time Price. Currency in USD
37.38
+0.06 (+0.16%)
As of 10:49AM EDT. Market open.
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Previous Close37.32
Open37.30
Bid37.37 x 900
Ask37.39 x 2900
Day's Range37.25 - 37.52
52 Week Range31.60 - 39.38
Volume132,486
Avg. Volume1,521,720
Market Cap29.681B
Beta1.68
PE Ratio (TTM)19.62
EPS (TTM)1.90
Earnings DateOct 24, 2018 - Oct 29, 2018
Forward Dividend & Yield2.51 (6.73%)
Ex-Dividend Date2018-08-03
1y Target Est41.94
Trade prices are not sourced from all markets
  • Enterprise Products Partners and MPLX: Analysts’ Ratings
    Market Realist20 minutes ago

    Enterprise Products Partners and MPLX: Analysts’ Ratings

    All of the analysts surveyed by Reuters covering Enterprise Products Partners (EPD) and MPLX (MPLX) are bullish on the stocks. All of the surveyed analysts have rated both of the stocks as a “buy.” In comparison, 79% of the analysts rated Williams Companies (WMB) as a “buy,” while 71% rated Kinder Morgan (KMI) as a “buy.”

  • Kinder Morgan and Williams Companies: Are Investors Bearish?
    Market Realist2 hours ago

    Kinder Morgan and Williams Companies: Are Investors Bearish?

    Together, the top ten institutional investors in Kinder Morgan (KMI) sold net 23.5 million shares of the company in the second quarter. The sale of 30.1 million shares by Wellington Management Company was the largest position change. Fidelity Management & Research Company, not among the top ten investors, sold 19.1 million shares of Kinder Morgan. Together, the top ten investors hold 34.4% of Kinder Morgan’s outstanding shares.

  • KMI and WMB Saw a Rise in the Short Interest
    Market Realist3 hours ago

    KMI and WMB Saw a Rise in the Short Interest

    The short interest in Enterprise Products Partners (EPD) fell 9.4% from 8.5 million shares on July 13 to 7.7 million shares on July 31. The short interest in Enterprise Products Partners as a percentage of its float is 0.5%. Enterprise Products Partners’ short interest ratio is ~2.0x, which shows that it might take roughly two days to cover all of the open short positions in the stock.

  • EPD, KMI, WMB, and MPLX: Comparing the Leverage
    Market Realist3 days ago

    EPD, KMI, WMB, and MPLX: Comparing the Leverage

    The net debt-to-EBITDA is a popular metric used to analyze MLPs’ leverage position. Using analyst-adjusted numbers, Kinder Morgan (KMI) has the highest net debt-to-EBITDA ratio among the four midstream companies that we’re comparing in this series—Kinder Morgan, Enterprise Products Partners (EPD), Williams Companies (WMB), and MPLX (MPLX).

  • EPD, MPLX, and WMB Expect Higher Capital Spending in 2018
    Market Realist3 days ago

    EPD, MPLX, and WMB Expect Higher Capital Spending in 2018

    Enterprise Products Partners (EPD) plans to spend $3.9 billion on capital projects in 2018, which is ~15% higher than its 2017 capital expenditure. The company’s expected spending in 2018 is the highest among the four midstream companies that we’re comparing in this series—Enterprise Products Partners, Kinder Morgan (KMI), Williams Companies (WMB), and MPLX (MPLX).

  • EPD and MPLX Have High Earnings Growth
    Market Realist3 days ago

    EPD and MPLX Have High Earnings Growth

    MPLX’s (MPLX) adjusted EBITDA grew 83% YoY (year-over-year) in the second quarter. The massive growth was mainly driven by earnings from assets acquired from Marathon Petroleum (MPC). Higher pipeline volumes and higher gathering, processing, and fractionation volumes also contributed to the company’s earnings during the quarter.

  • Analyzing Kinder Morgan’s Discounted Valuation
    Market Realist4 days ago

    Analyzing Kinder Morgan’s Discounted Valuation

    All of the four companies—Enterprise Products Partners (EPD), Kinder Morgan (KMI), Williams Companies (WMB), and MPLX (MPLX)—are trading at lower forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiples than their respective five-year average multiples. Kinder Morgan’s forward EV-to-EBITDA multiple is the lowest among the four peers.

  • Why MPLX’s 6.6% Yield Is Attractive
    Market Realist4 days ago

    Why MPLX’s 6.6% Yield Is Attractive

    MPLX (MPLX) has shown consistent distribution growth over the last several years. Since its IPO in 2012, MPLX has increased distributions for 22 consecutive quarters. MPLX’s coverage ratio has remained well above one over the last several years. The company intends to maintain a coverage ratio of 1.2x or higher while growing distributions 10% for 2018. Currently, MPLX is trading at an attractive yield of 6.6%.

  • Enterprise Products Has Outperformed Its Peers in 2018
    Market Realist4 days ago

    Enterprise Products Has Outperformed Its Peers in 2018

    So far, Enterprise Products Partners (EPD) has risen ~9% in 2018. The company has outperformed its peers in the midstream sector. Other top midstream players by market capitalization, Kinder Morgan (KMI) and Williams Companies (WMB) have fallen ~5% and ~1%, respectively, during the same period. MPLX (MPLX) has risen ~4% YTD (year-to-date). The Alerian MLP ETF (AMLP) is relatively flat, while the Energy Select Sector SPDR ETF (XLE) has risen ~3%.

  • MLPs’ Strong Earnings Growth Continued in Q2 2018
    Market Realist6 days ago

    MLPs’ Strong Earnings Growth Continued in Q2 2018

    MLPs’ strong earnings growth continued in the second quarter after a solid first quarter. Of the top 15 limited partnerships by market cap, 13 reported YoY (year-over-year) rises in their quarterly revenues and earnings. Cheniere Energy Partners (CQP) reported the highest YoY EBITDA growth among the MLPs under review. Fourteen of the top 15 MLPs are constituents of the Alerian MLP ETF (AMLP).

  • Marathon releases leadership roster for post-Andeavor acquisition
    American City Business Journals10 days ago

    Marathon releases leadership roster for post-Andeavor acquisition

    The assignments were listed in a company email sent to employees Friday and obtained by the Business Journal.

  • AMZ Rose 4.0% Last Week: Highest Weekly Gain in Seven Months
    Market Realist13 days ago

    AMZ Rose 4.0% Last Week: Highest Weekly Gain in Seven Months

    MLPs’ strong positive momentum continued. The Alerian MLP Index (^AMZ), which includes 44 energy MLPs, ended in the green for five consecutive weeks. AMZ rose 4.0% last week and ended at 285.5—the highest weekly gains in the last seven months. Out of the total 93 MLPs, 55 ended in the green, seven remained unchanged, and 31 ended in the red last week.

  • 5 things to know in Texas energy this week
    American City Business Journals14 days ago

    5 things to know in Texas energy this week

    The trade war between the U.S. and China has taken a turn against LNG exporters, many of which are based in Texas.

  • Enterprise Products Partners Saw Higher Target Prices
    Market Realist17 days ago

    Enterprise Products Partners Saw Higher Target Prices

    Enterprise Products Partners (EPD) saw a string of target price increases after its strong second-quarter results. UBS raised its target price from $36 to $39. Barclays and Stifel both raised their target prices for the stock to $34. SunTrust Robinson raised its target price for Enterprise Products Partners from $33 to $34. RBC raised its target price from $34 to $37.

  • Analyzing Enterprise Products Partners’ Capital Projects
    Market Realist17 days ago

    Analyzing Enterprise Products Partners’ Capital Projects

    Enterprise Products Partners’ (EPD) total capital spending in the second quarter was $983 million. The company spent $2.1 billion on capital projects in the first half of 2018. Enterprise Products Partners expects to invest ~$3.8 billion–$4.0 billion on growth projects in 2018. Enterprise Products Partners’ propane dehydrogenation plant, which was completed in 2017, was put in service in April.

  • GlobeNewswire17 days ago

    Targa Resources, NextEra Energy Resources, WhiteWater Midstream and MPLX LP Execute Agreements to Jointly Develop the Whistler Pipeline Project

    HOUSTON, Aug. 03, 2018-- Targa Resources Corp.; NextEra Energy Pipeline Holdings, LLC, an indirect, wholly-owned subsidiary of NextEra Energy Resources, LLC; WhiteWater Midstream, LLC, a portfolio company ...

  • GlobeNewswire19 days ago

    Market Trends Toward New Normal in US Foods Holding, Limelight Networks, Ladenburg Thalmann Financial Services, MPLX LP, Cytokinetics, and FuelCell Energy — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, Aug. 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of US ...

  • Hi-Crush Partners’ Sand Volumes Rose 16% in Q2 2018
    Market Realist19 days ago

    Hi-Crush Partners’ Sand Volumes Rose 16% in Q2 2018

    What Drove Hi-Crush Partners' Strong Q2 2018 Earnings?Hi-Crush Partners’ second-quarter results

  • Higher Volumes Drove ONEOK’s Second-Quarter Results
    Market Realist19 days ago

    Higher Volumes Drove ONEOK’s Second-Quarter Results

    ONEOK (OKE) reported its second-quarter results on July 31 after the markets closed. The company reported an adjusted EBITDA of $601.8 million for the quarter—30% higher compared to the second quarter of 2017. The growth in ONEOK’s earnings was driven by growth in natural gas and natural gas liquids volumes in the STACK and SCOOP areas, the Williston Basin, and the Permian Basin. Higher optimization and marketing activities in ONEOK’s Natural Gas Liquids segment also drove its earnings growth.

  • Half of Analysts Rate PAA as a ‘Buy’ ahead of Q2 Results
    Market Realist19 days ago

    Half of Analysts Rate PAA as a ‘Buy’ ahead of Q2 Results

    Plains All American Pipeline (PAA) has announced a distribution of $0.3 per unit for Q2 2018, which is flat compared to its first-quarter distribution. Plains All American Pipelines is trading at a yield of ~4.8% currently, which is lower than the yields of 5.8%, 5.4%, and 7.0% for Enterprise Products Partners (EPD), Magellan Midstream Partners (MMP), and MPLX (MPLX), respectively. The Alerian MLP Index currently has a yield of ~7.8%.

  • Plains All American Pipeline Expects Flat Earnings for Q2
    Market Realist20 days ago

    Plains All American Pipeline Expects Flat Earnings for Q2

    Plains All American Pipeline (PAA) will release its Q2 results on August 7 after the markets close. Analysts expect the company’s EBITDA (earnings before interest, tax, depreciation, and amortization) for the quarter to be $477 million, 6% higher than its Q2 2017 EBITDA. At the same time, Plains All American Pipeline expects its Q2 adjusted EBITDA to remain flat compared to the year-ago quarter.

  • MLP Top Gainers: Hi-Crush Partners Led the Rally Last Week
    Market Realist20 days ago

    MLP Top Gainers: Hi-Crush Partners Led the Rally Last Week

    Hi-Crush Partners (HCLP), a frac sand producer, was the top MLP gainer last week, which ended on July 27. It saw a massive 40.6% rally, driven by some positive announcements, including the acquisition of FB Industries, a new agreement with an E&P (exploration and production) customer, and a distribution increase. H-Crush announced the acquisition of FB Industries, a company involved in frac sand storage and handling.

  • MLP Rally Continues: Alerian MLP Index in Green for Fourth Week
    Market Realist20 days ago

    MLP Rally Continues: Alerian MLP Index in Green for Fourth Week

    The strong positive momentum for MLPs continues. The Alerian MLP Index (or AMZ), which includes 44 energy MLPs, ended in the green last week for the fourth consecutive week. It rose 1.5% to end at 274.9.

  • 3 Top Oil Stocks to Buy Right Now
    Motley Fool20 days ago

    3 Top Oil Stocks to Buy Right Now

    The industry seems to be taking off...so don't get left in the dust.

  • A Sneak Peek at Williams Partners’ Q2 2018 Gathering Volumes
    Market Realist21 days ago

    A Sneak Peek at Williams Partners’ Q2 2018 Gathering Volumes

    In this article, we’ll look at production activity in the regions where Williams Partners (WPZ) has major exposure. Let’s start with the US Appalachia region, which includes the prolific Marcellus and Utica plays. Its natural gas production continued to grow in the second quarter of 2018, by 19.6% YoY (year-over-year). However, drilling activity in the Utica region has remained weak in recent months, which could be a slight concern for the company.