MPLX LP Common Limited Partner Interests (MPLX) Company Bio
MPLX LP develops, and acquires pipelines and other midstream assets related to the transportation and storage of crude oil, refined product, and other hydrocarbon-based products in the United States. The company was founded in 2012 and is based in Findlay, Ohio.
MPLX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Mplx Lp. To summarize, we found that Mplx Lp ranked in the 84th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 598.17% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for MPLX, they are:
The company has produced more trailing twelve month cash flow than 90.15% of its sector Energy.
53% of the company's capital comes from equity, which is greater than only 22.75% of stocks in our cash flow based forecasting set.
Mplx Lp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 22.89% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Mplx Lp? See BRY, LPG, NCSM, INT, and NBR.
For investors seeking a strong dividend player, there are some market segments that are known for their high-yield dividends, making them logical places to start looking for reliable payers. The hydrocarbon sector, oil and gas production and mainstreaming, is one of these. The sector deals in a products that’s essential – our world runs on oil and its by-products. And while overhead for energy companies is high, they still have a market for their deliverables, leading to a ready cash flow – which can be used, among other things, to pay the dividends.
MPLX LP (NYSE: MPLX) has adjusted the time of its conference call with analysts on Tuesday, Feb. 2, 2021, to begin at 9:30 a.m. EST. During the call, MPLX executives will discuss 2020 fourth-quarter and full-year financial results, which will be released earlier that day, and provide an update on company operations.
MPLX LP on Tuesday announced that it will redeem the entire $750 million outstanding principal amount of 5.25% senior notes which has a maturity date of Jan. 15 2025. The redemption amount will also include the senior notes worth $42 million issued by Andeavor Logistics and Tesoro Logistics Finance. MPLX (MPLX) will redeem the aforementioned senior notes on Jan. 15 2021, at a price equal to 102.625% of the principal amount. The company further stated that “The regular semiannual interest payment due on the 2025 senior notes on Jan. 15, 2021, will be paid in the usual manner to holders of record at the close of business on Jan.