Q4 Earnings Forecast for Mplx Issued By US Capital Advisors

Mplx Lp (NYSE:MPLX) – Analysts at US Capital Advisors issued their Q4 2026 earnings per share estimates for Mplx in a report released on Monday, March 24th. US Capital Advisors analyst J. Carreker anticipates 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 have also recently commented on the company. Royal Bank of Canada raised their price target on Mplx from $55.00 to $58.00 and gave the stock an “outperform” rating in a research report on Monday, March 17th. Morgan Stanley increased their price target on shares of Mplx from $56.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 11th. Barclays lifted their price target on Mplx from $52.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, March 14th. Raymond James lifted their target price on Mplx from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. Finally, Wells Fargo & Company raised their price target on shares of Mplx from $54.00 to $59.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $54.00.

Mplx Trading Down 1.0 %

Shares of NYSE:MPLX opened at $53.34 on Tuesday. The company has a market capitalization of $54.54 billion, a P/E ratio of 12.67, a P/E/G ratio of 1.69 and a beta of 1.40. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.95. The business’s 50 day simple moving average is $52.88 and its 200 day simple moving average is $48.66. Mplx has a 1 year low of $39.56 and a 1 year high of $54.87.

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

Institutional Investors Weigh In On Mplx

Several large investors have recently modified their holdings of MPLX. Wealth Enhancement Advisory Services LLC boosted its position in Mplx by 9.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 93,181 shares of the pipeline company’s stock valued at $4,460,000 after acquiring an additional 7,792 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Mplx by 1.1% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 21,520 shares of the pipeline company’s stock worth $1,030,000 after buying an additional 231 shares in the last quarter. Alpine Global Management LLC bought a new stake in shares of Mplx in the 4th quarter valued at $292,000. Novem Group bought a new position in Mplx during the fourth quarter worth $814,000. Finally, First Heartland Consultants Inc. increased its stake in Mplx by 4.3% in the fourth quarter. First Heartland Consultants Inc. now owns 9,857 shares of the pipeline company’s stock valued at $472,000 after purchasing an additional 408 shares in the last quarter. 24.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Mplx

In other news, VP Shawn M. Lyon bought 4,000 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was acquired at an average price 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 $1,334,522.25. This trade represents a 18.78 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Mplx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders 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 dividend on an annualized basis and a dividend yield of 7.17%. Mplx’s dividend payout ratio (DPR) is presently 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.