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:
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 Flow
Return Relative to Current Share Price
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.
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 […]
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...
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...
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.