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MPLX

MPLX - MPLX LP Stock Price, Fair Value and News

41.80USD+0.32 (+0.77%)Delayed as of 24 Apr 2024, 03:51 pm ET

Market Summary

MPLX
USD41.80+0.32
Delayedas of 24 Apr 2024, 03:51 pm
0.77%

MPLX Stock Price

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MPLX RSI Chart

MPLX Valuation

Market Cap

41.9B

Price/Earnings (Trailing)

10.68

Price/Sales (Trailing)

3.72

EV/EBITDA

15.13

Price/Free Cashflow

9.4

MPLX Price/Sales (Trailing)

MPLX Profitability

EBT Margin

35.25%

Return on Equity

40.63%

Return on Assets

10.75%

Free Cashflow Yield

10.64%

MPLX Fundamentals

MPLX Revenue

Revenue (TTM)

11.3B

Rev. Growth (Yr)

11.42%

Rev. Growth (Qtr)

1.85%

MPLX Earnings

Earnings (TTM)

3.9B

Earnings Growth (Yr)

38.97%

Earnings Growth (Qtr)

23.53%

Breaking Down MPLX Revenue

52 Week Range

33.1241.86
(Low)(High)

Last 7 days

4.6%

Last 30 days

2.3%

Last 90 days

11.0%

Trailing 12 Months

18.8%

How does MPLX drawdown profile look like?

MPLX Financial Health

Current Ratio

1.07

Debt/Equity

2

Debt/Cashflow

0.28

MPLX Investor Care

Shares Dilution (1Y)

0.97%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202311.7B11.5B11.0B11.3B
202210.3B10.8B11.7B11.6B
20218.9B9.2B9.5B10.0B
20207.8B7.7B7.6B7.6B
20197.8B8.5B9.0B9.0B
20184.4B5.1B5.8B7.0B
20173.3B3.5B3.6B3.9B
20161.5B2.0B2.5B3.0B
2015798.0M858.0M922.0M1.1B
2014548.9M612.7M675.9M747.0M
2013130.4M246.8M363.2M479.6M
201200014.0M
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Very Expensive Stocks: $8,224


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Tracking the Latest Insider Buys and Sells of MPLX LP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
peiffer garry l.
acquired
-
-
756
-
Apr 01, 2024
semple frank m
acquired
-
-
862
-
Apr 01, 2024
surma john p
acquired
-
-
862
-
Apr 01, 2024
breves christine s
acquired
-
-
756
-
Apr 01, 2024
helms christopher a
acquired
-
-
756
-
Apr 01, 2024
stice j michael
acquired
-
-
862
-
Mar 01, 2024
quaid john j
sold (taxes)
-137,056
38.87
-3,526
-
Mar 01, 2024
quaid john j
acquired
-
-
16,087
-
Mar 01, 2024
floerke gregory scott
acquired
-
-
8,303
exec. vp and coo
Mar 01, 2024
hagedorn carl kristopher
acquired
-
-
6,227
exec vp & chief fin ofc

1–10 of 50

Which funds bought or sold MPLX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 22, 2024
Strategic Financial Concepts, LLC
new
-
770,904
770,904
0.19%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
added
2.12
2,864,210
21,243,900
0.03%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
added
1.97
2,080,360
15,578,100
0.01%
Apr 22, 2024
PARSONS CAPITAL MANAGEMENT INC/RI
new
-
221,391
221,391
0.01%
Apr 22, 2024
GraniteShares Advisors LLC
added
14.6
440,360
1,922,860
1.02%
Apr 19, 2024
NORDEN GROUP LLC
new
-
356,463
356,463
-%
Apr 19, 2024
Cutler Group LLC / CA
reduced
-60.93
-89,000
71,000
0.02%
Apr 19, 2024
Wealthstar Advisors, LLC
reduced
-4.57
42,590
574,826
0.20%
Apr 19, 2024
Maryland State Retirement & Pension System
added
1.61
1,130,600
11,950,600
0.24%
Apr 19, 2024
Veracity Capital LLC
unchanged
-
124,089
1,065,530
0.41%

1–10 of 50

Are Funds Buying or Selling MPLX?

Are funds buying MPLX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MPLX
No. of Funds

Unveiling MPLX LP's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2024
blackstone group management l.l.c.
2.3%
23,413,432
SC 13G/A
Feb 09, 2023
blackstone group management l.l.c.
5.0%
50,516,528
SC 13G/A
Oct 04, 2022
marathon petroleum corp
64.3%
647,415,452
SC 13D/A
Feb 11, 2022
blackstone group management l.l.c.
6.5%
66,127,749
SC 13G/A
Sep 22, 2021
marathon petroleum corp
63.3%
647,415,452
SC 13D/A
Feb 16, 2021
blackstone group management l.l.c.
6.5%
67,919,543
SC 13G/A
Jan 05, 2021
marathon petroleum corp
62.3%
647,415,452
SC 13D/A
Aug 04, 2020
marathon petroleum corp
62.2%
647,415,452
SC 13D/A
Jul 16, 2020
blackstone group management l.l.c.
5.0%
53,430,949
SC 13G

Recent SEC filings of MPLX LP

View All Filings
Date Filed Form Type Document
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to MPLX LP)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
75.3B
43.6B
-0.06% -10.12%
12.16
1.73
-18.12% 106.16%
62.7B
49.7B
0.17% 7.79%
11.34
1.26
-14.56% 0.77%
53.5B
78.6B
2.06% 25.14%
13.59
0.68
-12.56% -17.26%
41.8B
15.3B
3.82% 6.41%
17.01
2.74
-18.66% -3.98%
37.3B
20.3B
-0.51% 4.00%
3.77
1.84
-39.46% 591.95%
12.7B
48.7B
5.49% 35.92%
10.29
0.26
-15.05% 18.61%
MID-CAP
6.7B
1.0B
0.07% 36.13%
17.99
6.42
13.24% 13.96%
6.2B
6.9B
3.03% 33.30%
29.91
0.89
-27.69% -42.93%
5.6B
1.4B
11.31% 170.63%
12.56
4.01
2.66% 265.30%
2.8B
1.3B
-1.12% 23.68%
11.72
2.09
5.76% 9.36%
2.6B
1.1B
2.06% 26.90%
4.74
2.46
23.95% 43.45%
SMALL-CAP
1.6B
16.5B
1.78% 51.65%
10.47
0.1
-12.64% -57.90%
1.5B
3.2B
13.34% 13.34%
12.81
0.47
13.91% 56.01%
286.4M
82.4M
-4.55% -4.48%
7.48
3.48
5.74% -6.51%
105.7M
734.3M
1.56% 2.77%
27.74
0.14
-25.40% 114.16%

MPLX LP News

Latest updates
Yahoo Finance Australia • 22 hours ago
Yahoo Finance • 28 hours ago
Yahoo Movies UK • 22 Apr 2024 • 02:33 pm
Yahoo Finance • 18 Apr 2024 • 10:00 pm
Yahoo Finance • 17 Apr 2024 • 01:00 pm
Yahoo Finance • 15 Apr 2024 • 07:00 am
Yahoo Finance • 12 Apr 2024 • 07:00 am
Yahoo Finance • 10 Apr 2024 • 07:00 am
Yahoo Finance • 10 Apr 2024 • 07:00 am

MPLX LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.9%2,9662,9122,6902,7132,6623,4012,9402,6102,7342,5592,3952,3392,2492,2472,0819922,3162,2802,2102,2352,295
Costs and Expenses-9.5%1,5911,7581,5151,5171,6021,7271,8231,5501,6781,5281,4641,3651,3291,3481,2033,4782,6621,3541,3251,3231,404
  S&GA Expenses-2.9%99.0010289.0089.0087.0088.0082.0078.0086.0094.0087.0086.0089.0096.0096.0097.0095.0010290.0010199.00
EBITDA Margin6.0%0.35*0.33*0.48*0.47*0.46*0.46*0.44*0.44*0.45*0.45*0.46*0.47*---------
Income Taxes800.0%9.001.00-1.002.001.00-5.00---1.001.001.00---2.004.00-1.00-1.00-
Earnings Before Taxes24.1%1,1539299429538261,438884838838811715749701675655-2,716-575693656688611
EBT Margin6.0%0.35*0.33*0.36*0.35*0.34*0.34*0.31*0.31*0.31*0.31*0.31*0.31*---------
Net Income23.5%1,1349189339438161,428875825830802706739691665648-2,724-581629482503434
Net Income Margin5.9%0.35*0.33*0.36*0.35*0.34*0.34*0.31*0.31*0.31*0.31*0.30*0.31*---------
Free Cashflow19.7%1,2141,0141,1741,0581,0977981,3629561,0851,0431,256998---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.1%36,52936,12035,87335,67235,66535,81235,78835,72735,50735,69935,77336,03036,41436,66237,02237,00640,43041,28123,74623,58439,325
  Current Assets2.6%2,8082,7362,3212,0121,9051,9512,0181,7981,5071,5161,3321,3741,5151,2721,3861,3291,4841,4407869521,440
    Cash Equivalents9.2%1,04896075539323812129842.0013.0039.008.0024.0015.0028.0067.0057.0015.0041.0032.0012285.00
  Net PPE--------19,91220,04220,15820,35220,99621,21821,61521,75821,82922,14521,89215,02114,81621,525
  Goodwill0%7,6457,6457,6457,6457,6457,6457,6457,6577,6577,6577,6577,6577,6577,6577,7227,7009,53610,7352,58112110,016
Liabilities0.6%22,94522,80422,68422,62422,15122,16922,67922,72622,49022,02322,01022,21222,42922,59922,79222,68222,84922,42115,87215,65120,590
  Current Liabilities87.6%2,6241,3991,3161,3122,4012,4992,7412,8583,3482,7211,7271,1962,0861,5311,2281,2142,1322,2321,0481,0292,268
  Long Term Debt-5.5%19,29620,41720,40520,39318,80818,79718,77518,75718,07218,25319,23420,05219,37520,04220,55620,46719,70419,19014,03013,83217,922
Float---12,000---10,600---11,200---6,800---9,300--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations19.7%1,4891,2441,4371,2271,3681,0391,4871,1251,2401,1821,3651,1241,1851,2221,1051,0091,0921,0361,1018531,044
Cashflow From Investing-122.5%-525-236-271-220-280-265-135-276-141-132-155-90.00-202-283-415-362-874-750-739-700-851
Cashflow From Financing-9.1%-876-803-804-852-971-951-1,096-820-1,125-1,019-1,226-1,025-996-978-680-605-244-277-452-116-147
  Buy Backs-----16819635.0010016515515515533.00--------

MPLX Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues and other income:   
Sales-type Lease, Revenue$ 136$ 62$ 0
Sales-type lease revenue, related parties500465435
Income from equity method investments600476321
Total revenues and other income11,28111,61310,027
Costs and expenses:   
Purchases - related parties1,5441,4131,219
Depreciation and amortization1,2131,2301,287
Impairment expense0042
General and administrative expenses379335353
Other taxes131115120
Total costs and expenses6,3816,7026,035
Income from operations4,9004,9113,992
Interest expense, net of amounts capitalized897843785
Interest Expense, Other267786
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total3,9773,9863,113
Income Tax Expense (Benefit)1181
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total3,9663,9783,112
Net Income (Loss) Attributable to Noncontrolling Interest383435
Net Income (Loss) Attributable to Parent, Total3,9283,944[1]3,077
Net Income (Loss) Allocated to Limited Partners$ 3,829$ 3,815$ 2,936
Net Income Attributable To Parent Company Per Limited Partner Unit Basic And Diluted [Abstract]   
Common - basic (in USD per unit)$ 3.80$ 3.75$ 2.86
Common - diluted (in USD per unit)$ 3.80$ 3.75$ 2.86
Limited Partners' Capital Account [Abstract]   
Common - basic (in units)1,0011,0101,027
Common - diluted (in units)1,0021,0101,027
Nonrelated Party   
Revenues and other income:   
Rental Income$ 243$ 327$ 376
Sales-type Lease, Revenue136620
Other Income12648521
Costs and expenses:   
Rental cost of sales82123136
Related Party   
Revenues and other income:   
Rental Income822763743
Sales-type lease revenue, related parties500465435
Other Income121111110
Costs and expenses:   
Rental cost of sales3354109
Related-party interest and other financial costs058
Service [Member]   
Revenues and other income:   
Revenue from Contract with Customer, Excluding Assessed Tax, Related Parties3,9853,7543,628
Revenue from Contract with Customer, Excluding Assessed Tax, Third parties2,5392,3592,313
Product [Member]   
Revenues and other income:   
Revenue from Contract with Customer, Excluding Assessed Tax, Related Parties250198145
Revenue from Contract with Customer, Excluding Assessed Tax, Third parties1,6652,2191,590
Oil and Gas, Refining and Marketing [Member]   
Costs and expenses:   
Cost of Goods and Services Sold1,4011,3691,184
Natural Gas, Midstream [Member]   
Costs and expenses:   
Cost of Goods and Services Sold1,5982,0631,585
Service, Other [Member]   
Revenues and other income:   
Revenue from Contract with Customer, Excluding Assessed Tax, Third parties294394345
Series A Preferred Stock [Member]   
Costs and expenses:   
Net Income (Loss) Attributable to Parent, Total110112[1]100
Preferred Stock Dividends, Income Statement Impact9488100
Series B Preferred Stock [Member]   
Costs and expenses:   
Net Income (Loss) Attributable to Parent, Total541[1]41
Preferred Stock Dividends, Income Statement Impact$ 5$ 41$ 41
[1]The year ended December 31, 2022 includes a $509 million gain on a lease reclassification. See Note 20 for additional information.

MPLX Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets, Current [Abstract]  
Cash and cash equivalents$ 1,048$ 238
Receivables, net823737
Inventories159148
Other current assets3053
Total current assets2,8081,905
Equity method investments3,7434,095
Property, plant and equipment, net19,26418,848
Intangibles, net654705
Goodwill7,6457,645
Right of use assets, net264283
Other noncurrent assets990959
Total assets36,52935,665
Liabilities, Current [Abstract]  
Accounts payable153224
Accrued liabilities300269
Accrued property, plant and equipment216128
Long-term debt due within one year1,135988
Accrued interest payable242237
Total current liabilities2,6242,401
Long-term deferred revenue347219
Long-term debt19,29618,808
Deferred income taxes1613
Long-term operating lease liabilities211230
Other long-term liabilities126142
Total liabilities22,94522,151
Commitments and contingencies (see Note 21)
Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests895968
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Preferred Units, Preferred Partners' Capital Accounts0611
Accumulated other comprehensive loss(4)(8)
Total MPLX LP partners’ capital12,45412,309
Noncontrolling interests235237
Total equity12,68912,546
Total liabilities, preferred units and equity36,52935,665
Related Party  
Assets, Current [Abstract]  
Receivables, net587610
Due from Related Parties, Current748729
Other current assets73
Right of use assets, net227228
Noncurrent assets - related parties1,1611,225
Liabilities, Current [Abstract]  
Operating lease liabilities11
Other Liabilities, Current360343
Long-term deferred revenue99110
Long-term liabilities - related parties325338
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Limited Partners' Capital Account3,7583,293
Nonrelated Party  
Assets, Current [Abstract]  
Right of use assets, net264283
Liabilities, Current [Abstract]  
Operating lease liabilities4546
Other Liabilities, Current173166
Long-term deferred revenue344216
Long-term operating lease liabilities211230
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Limited Partners' Capital Account$ 8,700$ 8,413
MPLX
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 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.
0
 CEO
 WEBSITEmplx.com
 INDUSTRYOil - Midstream

MPLX LP Frequently Asked Questions


What is the ticker symbol for MPLX LP? What does MPLX stand for in stocks?

MPLX is the stock ticker symbol of MPLX LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MPLX LP (MPLX)?

As of Tue Apr 23 2024, market cap of MPLX LP is 41.93 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MPLX stock?

You can check MPLX's fair value in chart for subscribers.

What is the fair value of MPLX stock?

You can check MPLX's fair value in chart for subscribers. The fair value of MPLX LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MPLX LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MPLX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MPLX LP a good stock to buy?

The fair value guage provides a quick view whether MPLX is over valued or under valued. Whether MPLX LP is cheap or expensive depends on the assumptions which impact MPLX LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MPLX.

What is MPLX LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, MPLX's PE ratio (Price to Earnings) is 10.68 and Price to Sales (PS) ratio is 3.72. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MPLX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on MPLX LP's stock?

In the past 10 years, MPLX LP has provided 0.041 (multiply by 100 for percentage) rate of return.