MPLX
MPLX

$43.09

1.6%

Market Cap: 44B

About: MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in 2019.

Employees: 5,810

Energy Pipe Lines, Except Natural Gas

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 9 analysts

0

News positive %

of 19 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

108% more call options, than puts

Call options by funds: $158M | Put options by funds: $76M

61% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 44

19% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 126

14% more capital invested

Capital invested by funds: $8.15B [Q4 2023] → $9.32B (+$1.17B) [Q1 2024]

9% more funds holding in top 10

Funds holding in top 10: 23 [Q4 2023] → 25 (+2) [Q1 2024]

6% more funds holding

Funds holding: 435 [Q4 2023] → 462 (+27) [Q1 2024]

0.15% more ownership

Funds ownership: 22.15% [Q4 2023] → 22.31% (+0.15%) [Q1 2024]

See Fund Rankings

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$43

0%

upside

Avg. target

$46

7%

upside

High target

$49

14%

upside

9 analyst ratings

9 positive

100%

0 neutral

0%

0 negative

0%

Barclays Christine Cho	4%upside $45	Overweight Maintained	12 Jul 2024
JP Morgan Jeremy Tonet	7%upside $46	Overweight Maintained	3 May 2024
Truist Securities Neal Dingmann	11%upside $48	Buy Maintained	2 May 2024
Stifel Selman Akyol	9%upside $47	Buy Maintained	1 May 2024
UBS Brian Reynolds	14%upside $49	Buy Maintained	12 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 19 articles about MPLX published over the past 30 days

Zacks Investment Research

MPLX LP (MPLX) Rises Yet Lags Behind Market: Some Facts Worth Knowing

MPLX LP (MPLX) closed the most recent trading day at $43.31, moving +0.46% from the previous trading session.

MPLX LP (MPLX) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Zacks Investment Research

Why MPLX LP (MPLX) is a Top Momentum Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why MPLX LP (MPLX) is a Top Momentum Stock for the Long-Term

Zacks Investment Research

Here's Why Investors Should Consider Retaining MPLX Stock Now

MPLX's strategic acquisitions and expansion efforts significantly enhance its growth prospects.

Here's Why Investors Should Consider Retaining MPLX Stock Now

MPLX: One Of The Best 8% Yields Money Can Buy Today

With the market now rotating toward dividend stocks, investors ought to pay heed to well-heeled players like MPLX. MPLX offers a reliable 8% distribution yield supported by strong cash flow growth and a moat-worthy asset base. With a healthy balance sheet, strategic expansions, and reasonable valuation, MPLX is a compelling 'Buy' for income-focused investors.

MPLX: One Of The Best 8% Yields Money Can Buy Today

Zacks Investment Research

MPLX LP (MPLX) Stock Falls Amid Market Uptick: What Investors Need to Know

In the latest trading session, MPLX LP (MPLX) closed at $42.23, marking a -0.31% move from the previous day.

MPLX LP (MPLX) Stock Falls Amid Market Uptick: What Investors Need to Know

Retirement Passive Income: MPLX Vs. Enterprise Products Partners

EPD and MPLX are ideal retirement passive income vehicles with strong business models, balance sheets, and distribution outlooks. We compare them side-by-side. We share which one we think is more attractive at the moment.

Retirement Passive Income: MPLX Vs. Enterprise Products Partners

MPLX: Back On The Bullish Train Yielding Over 8%

MPLX LP has strong barriers to entry in the energy infrastructure sector, with a system designed to move large volumes of crude and refined products daily. Despite risks from breakthroughs in renewables and political factors, data indicates a bullish future for MPLX due to increasing energy demand. MPLX's high-margin business, profitability, and growth strategy position it well for increased distributions and buybacks, making it a strong investment opportunity.

MPLX: Back On The Bullish Train Yielding Over 8%

Zacks Investment Research

5 High ROE Stocks to Buy as Low Inflation Fuels Rate Cut Hopes

United Therapeutics (UTHR), ABB (ABBNY), Lockheed Martin (LMT), MPLX (MPLX) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as easing inflationary pressures ignite rate cut hopes.

5 High ROE Stocks to Buy as Low Inflation Fuels Rate Cut Hopes

Zacks Investment Research

MPLX vs. WMB: Which Stock Is the Better Value Option?

Investors with an interest in Oil and Gas - Production and Pipelines stocks have likely encountered both MPLX LP (MPLX) and Williams Companies, Inc. (The) (WMB). But which of these two stocks is more attractive to value investors?

MPLX vs. WMB: Which Stock Is the Better Value Option?

Zacks Investment Research

Why MPLX LP (MPLX) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why MPLX LP (MPLX) is a Top Value Stock for the Long-Term

See News Rankings