MPLX LP Common Limited Partner Interests (MPLX): Price and Financial Metrics


MPLX LP Common Limited Partner Interests (MPLX)

Today's Latest Price: $17.19 USD

0.14 (-0.81%)

Updated Jul 6 1:47pm

Add MPLX to Watchlist
Sign Up

Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 56 in MLPs - Oil & Gas

See all "A" rated Strong Buy stocks

MPLX Stock Summary

  • MPLX has a market capitalization of $18,292,670,070 -- more than approximately 90.52% of US stocks.
  • Of note is the ratio of Mplx Lp's sales and general administrative expense to its total operating expenses; just 3.91% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, Mplx Lp is reporting a growth rate of -156.49%; that's higher than only 11.03% of US stocks.
  • If you're looking for stocks that are quantitatively similar to Mplx Lp, a group of peers worth examining would be OXY, HAL, RCI, HES, and CNQ.
  • MPLX's SEC filings can be seen here. And to visit Mplx Lp's official web site, go to www.mplx.com.
MPLX Daily Price Range
MPLX 52-Week Price Range

MPLX Stock Price Chart Technical Analysis Charts


MPLX Price/Volume Stats

Current price $17.19 52-week high $32.65
Prev. close $17.57 52-week low $6.87
Day low $16.85 Volume 4,359,612
Day high $18.11 Avg. volume 4,700,966
50-day MA $18.35 Dividend yield 15.65%
200-day MA $21.31 Market Cap 18.20B

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

Current PriceDCF Fair Value Target:Forecasted Gain:
$17.19$81.18362%

We started the process of determining a valid price forecast for Mplx Lp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Mplx Lp ranked in the 77th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 364.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for Mplx Lp ended up being:

  • As a business, MPLX is generating more cash flow than 86.56% of positive cash flow stocks in the Energy.
  • Mplx Lp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
  • Mplx Lp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.77. This coverage rate is greater than that of only 17.1% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%353%
1%358%
2%362%
3%367%
4%371%
5%376%

VTNR, ENLC, FRO, SMLP, and NINE can be thought of as valuation peers to MPLX, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.


MPLX Latest News Stream


Event/TimeNews Detail
Loading, please wait...

MPLX Latest Social Stream


Loading social stream, please wait...

View Full MPLX Social Stream

Latest MPLX News From Around the Web

Below are the latest news stories about Mplx Lp that investors may wish to consider to help them evaluate MPLX as an investment opportunity.

MPLX LP (MPLX): Are Hedge Funds Right About This Stock?

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

Yahoo | July 5, 2020

MPLX: Offering A 20% CAGR Even If Distributions Are Slashed

Introduction If there is one aspect that every investment opportunity with a very high yield has in common, it is the constant fears that it will be reduced imminently, with MPLX (MPLX) being no different. Even if the company ultimately takes this undesirable decision, the unit price is currently so...

Daniel Thurecht on Seeking Alpha | July 3, 2020

MPLX Will Face Most Of Its Problems In The Long Run As Oil Output Declines

Something peculiar is going on with MPLX (MPLX), the listed midstream subsidiary of Marathon Petroleum (MPC). During the sell-off in March, the stock hit a low of $6.87, over 70% below its February high of about $24. After the dust settled in April, several articles started appearing on Seeking Alpha...

Robbert Manders on Seeking Alpha | June 26, 2020

MPLX LP to Announce 2020 Second-Quarter Financial Results Aug. 3

MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Monday, Aug. 3, 2020, at 11 a.m. EDT to discuss 2020 second-quarter financial results, which will be released earlier that day, and to provide an update on company operations.

Yahoo | June 12, 2020

Alerian Index Series June 2020 Index Review

Alerian announced the results of the June quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, June 19, 2020.

Yahoo | June 12, 2020

Read More 'MPLX' Stories Here

MPLX Price Returns

1-mo -17.95%
3-mo 43.16%
6-mo -31.36%
1-year -40.44%
3-year -33.69%
5-year -62.89%
YTD -27.59%
2019 -8.25%
2018 -8.43%
2017 9.00%
2016 -6.25%
2015 -44.81%

MPLX Dividends

Ex-Dividend DateTypePayout AmountChange
Loading, please wait...
View Full MPLX Dividend History

Continue Researching MPLX

Want to see what other sources are saying about Mplx Lp's financials and stock price? Try the links below:

Mplx Lp (MPLX) Stock Price | Nasdaq
Mplx Lp (MPLX) Stock Quote, History and News - Yahoo Finance
Mplx Lp (MPLX) Stock Price and Basic Information | MarketWatch


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!



Page generated in 0.9678 seconds.