MPLX LP

Company Profile

MPLX LP had its IPO on 2012-10-26 under the ticker symbol MPLX.

The company operates in the Energy sector and Oil & Gas Midstream industry. MPLX LP has a staff strength of 0 employees.

Stock update

Shares of MPLX LP opened at $34.79 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $34.74 - $35.04, and closed at $34.86.

This is a +0.49% increase from the previous day's closing price.

A total volume of 1,891,582 shares were traded at the close of the day’s session.

In the last one week, shares of MPLX LP have slipped by -0.4%.

MPLX LP's Key Ratios

MPLX LP has a market cap of $34.73 billion, indicating a price to book ratio of 2.4204 and a price to sales ratio of 2.8407.

In the last 12-months MPLX LP’s revenue was $10.92 billion with a gross profit of $6.12 billion and an EBITDA of $5.77 billion. The EBITDA ratio measures MPLX LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MPLX LP’s operating margin was 41.75% while its return on assets stood at 7.95% with a return of equity of 31.6%.

In Q2, MPLX LP’s quarterly earnings growth was a positive 9% while revenue growth was a negative 10%.

MPLX LP’s PE and PEG Ratio

Forward PE

10.4603

Trailing PE

8.7823

PEG

1.1253

Its diluted EPS in the last 12-months stands at $3.95 per share while it has a forward price to earnings multiple of 10.4603 and a PEG multiple of 1.1253. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MPLX LP’s profitability.

MPLX LP stock is trading at a EV to sales ratio of 4.9753 and a EV to EBITDA ratio of 8.7161. Its price to sales ratio in the trailing 12-months stood at 2.8407.

MPLX LP stock pays annual dividends of $3.1 per share, indicating a yield of 8.94% and a payout ratio of 78.28%.

Balance sheet and cash flow metrics

Total Assets

$35.87 billion

Total Liabilities

$1.32 billion

Operating Cash Flow

$-271000000.00

Capital Expenditure

$263 million

Dividend Payout Ratio

78.28%

MPLX LP ended 2024 with $35.87 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $35.87 billion while shareholder equity stood at $12.22 billion.

MPLX LP ended 2024 with $394.00 million in deferred long-term liabilities, $1.32 billion in other current liabilities, in common stock, $0 in retained earnings and $7.65 billion in goodwill. Its cash balance stood at $755.00 million and cash and short-term investments were $755.00 million. The company’s total short-term debt was $50,000,000 while long-term debt stood at $20.41 billion.

MPLX LP’s total current assets stands at $755.00 million while long-term investments were $4.12 billion and short-term investments were $0. Its net receivables were $717.00 million compared to accounts payable of $128.00 million and inventory worth $146.00 million.

In 2024, MPLX LP's operating cash flow was $-271000000.00 while its capital expenditure stood at $263 million.

Comparatively, MPLX LP paid $0.78 in dividends in 2024.

Other key metrics

Current Trading Price

$34.86

52-Week High

$35.22

52-Week Low

$26.0984

Analyst Target Price

$40.33

MPLX LP stock is currently trading at $34.86 per share. It touched a 52-week high of $35.22 and a 52-week low of $35.22. Analysts tracking the stock have a 12-month average target price of $40.33.

Its 50-day moving average was $34.51 and 200-day moving average was $32.97 The short ratio stood at 8.59 indicating a short percent outstanding of 0%.

Around 6484.8% of the company’s stock are held by insiders while 2303.6% are held by institutions.