Q4 Earnings Estimate for Mplx Issued By US Capital Advisors

Mplx Lp (NYSE:MPLX) – Investment analysts at US Capital Advisors issued their Q4 2026 EPS estimates for Mplx in a research note issued on Monday, March 24th. US Capital Advisors analyst J. Carreker forecasts that the pipeline company will post earnings per share of $1.11 for the quarter. The consensus estimate for Mplx’s current full-year earnings is $4.41 per share.

A number of other research analysts also recently issued reports on the stock. StockNews.com downgraded shares of Mplx from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 2nd. Raymond James upped their price objective on shares of Mplx from $55.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, February 6th. Barclays raised their target price on Mplx from $52.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, March 14th. Wells Fargo & Company upped their price target on Mplx from $54.00 to $59.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Royal Bank of Canada raised their price objective on Mplx from $55.00 to $58.00 and gave the company an “outperform” rating in a research note on Monday, March 17th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $54.00.

Mplx Trading Up 0.6 %

Shares of MPLX stock opened at $53.70 on Tuesday. The company has a market cap of $54.91 billion, a P/E ratio of 12.76, a PEG ratio of 1.69 and a beta of 1.40. Mplx has a fifty-two week low of $39.56 and a fifty-two week high of $54.87. The stock has a 50 day simple moving average of $52.95 and a two-hundred day simple moving average of $48.69. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.95 and a current ratio of 0.99.

Mplx (NYSE:MPLX) last posted its quarterly earnings data on Tuesday, February 4th. The pipeline company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.03. Mplx had a return on equity of 31.94% and a net margin of 36.18%. The firm had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same period last year, the company posted $1.10 EPS. The business’s quarterly revenue was up 3.3% on a year-over-year basis.

Hedge Funds Weigh In On Mplx

Hedge funds have recently modified their holdings of the company. Mutual of America Capital Management LLC increased its position in shares of Mplx by 13.5% during the third quarter. Mutual of America Capital Management LLC now owns 48,333 shares of the pipeline company’s stock valued at $2,149,000 after acquiring an additional 5,766 shares during the last quarter. Cerity Partners LLC grew its stake in Mplx by 42.5% in the 3rd quarter. Cerity Partners LLC now owns 41,028 shares of the pipeline company’s stock valued at $1,824,000 after purchasing an additional 12,236 shares during the period. Pekin Hardy Strauss Inc. purchased a new stake in shares of Mplx during the 3rd quarter valued at $1,106,000. Independent Advisor Alliance raised its stake in shares of Mplx by 0.6% during the 3rd quarter. Independent Advisor Alliance now owns 69,485 shares of the pipeline company’s stock worth $3,089,000 after purchasing an additional 408 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of Mplx by 130.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 17,260 shares of the pipeline company’s stock worth $767,000 after buying an additional 9,755 shares during the last quarter. Institutional investors own 24.25% of the company’s stock.

Insider Activity at Mplx

In other news, VP Shawn M. Lyon acquired 4,000 shares of Mplx stock in a transaction on Friday, March 7th. The stock was acquired at an average cost of $52.75 per share, with a total value of $211,000.00. Following the transaction, the vice president now owns 25,299 shares of the company’s stock, valued at approximately $1,334,522.25. This trade represents a 18.78 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mplx Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were issued a dividend of $0.9565 per share. The ex-dividend date was Monday, February 3rd. This represents a $3.83 annualized dividend and a yield of 7.12%. Mplx’s dividend payout ratio (DPR) is currently 90.74%.

Mplx Company Profile

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water.