MPLXMPLX
MPLX
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
177% more call options, than puts
Call options by funds: $162M | Put options by funds: $58.3M
101% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 99
26% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 38
2% more funds holding
Funds holding: 486 [Q2] → 496 (+10) [Q3]
1% less capital invested
Capital invested by funds: $10.4B [Q2] → $10.3B (-$133M) [Q3]
1.49% less ownership
Funds ownership: 24.22% [Q2] → 22.73% (-1.49%) [Q3]
4% less funds holding in top 10
Funds holding in top 10: 26 [Q2] → 25 (-1) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$43
9%
downside
Avg. target
$51
9%
upside
High target
$55
16%
upside
6 analyst ratings
5 positive
83%
0 neutral
0%
1 negative
17%
Wells Fargo Michael Blum 75% 1-year accuracy 24 / 32 met price target | 14%upside $54 | Overweight Maintained | 18 Dec 2024 |
Truist Securities Neal Dingmann 33% 1-year accuracy 47 / 141 met price target | 16%upside $55 | Buy Maintained | 19 Nov 2024 |
RBC Capital Elvira Scotto 81% 1-year accuracy 26 / 32 met price target | 10%upside $52 | Outperform Maintained | 18 Nov 2024 |
UBS Brian Reynolds 78% 1-year accuracy 7 / 9 met price target | 16%upside $55 | Buy Maintained | 15 Nov 2024 |
B of A Securities Jean Ann Salisbury 64% 1-year accuracy 9 / 14 met price target | 9%downside $43 | Underperform Reinstated | 17 Oct 2024 |
Financial journalist opinion
Based on 19 articles about MPLX published over the past 30 days
Positive
Seeking Alpha
2 days ago
Retirement-Ready Income: 5 Dividend Gems I'd Buy If I Were 65
Dividend investing can provide reliable income and peace of mind in retirement. I share five standout picks perfect for a retirement-ready portfolio. These stocks offer strong yields, consistent growth, and robust fundamentals, making them ideal for retirees seeking steady cash flow and stability. Whether you're planning for retirement or already there, these dividend gems combine reliability and long-term potential to help secure your financial future.
Negative
Seeking Alpha
2 days ago
MPLX's Excess Cash Dynamic Slows, Lower Prices Might Be Coming
MPLX's excess net cash growth has slowed. Market dynamics can lead to overvaluation despite strong business fundamentals. Investors should be cautious of price movements and consider valuation when making decisions.
Negative
Zacks Investment Research
3 days ago
MPLX LP (MPLX) Flat As Market Sinks: What You Should Know
MPLX LP (MPLX) concluded the recent trading session at $47.70, signifying no movement from its prior day's close.
Positive
Seeking Alpha
3 days ago
MPLX Continues To Be A Worthwhile Investment
MPLX LP boasts a nearly $50 billion market cap, an 8% dividend yield, and strong growth opportunities, making it a valuable long-term investment. The company has achieved robust EBITDA and DCF growth, supported by strategic natural gas projects and a manageable 3.4x leverage ratio. MPLX's consistent business growth and intelligent scaling, particularly in the Marcellus shale basin, ensure continued shareholder returns without increasing debt.
Positive
The Motley Fool
4 days ago
3 Top Midstream Stocks to Buy as 2024 Draws to a Close
Midstream companies are vital to the energy sector. They gather, process, transport, store, and export crude oil, natural gas, and related products.
Positive
Seeking Alpha
5 days ago
Golden Buying Opportunity: 7-8% Yields Growing 10%+ Per Year
Dividend growth stocks typically offer high yields and low growth, low yields and high growth, or moderate yields with moderate growth. However, once in a great while, a high-quality business can be bought at a high yield and high expected growth rate. I discuss several that currently yield 7-8% and have expected growth rates of 10%+ per year.
Positive
Zacks Investment Research
1 week ago
MPLX LP (MPLX) Beats Stock Market Upswing: What Investors Need to Know
MPLX LP (MPLX) reachead $48.24 at the closing of the latest trading day, reflecting a +1.03% change compared to its last close.
Neutral
PRNewsWire
1 week ago
MPLX LP to Report Fourth-Quarter and Full-Year Financial Results on February 4, 2025
FINDLAY, Ohio , Dec. 11, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, February 4, 2025, at 9:30 a.m. EST to discuss 2024 fourth-quarter and full-year financial results.
Neutral
Seeking Alpha
1 week ago
How Donald Trump's Tariffs Could Impact High-Yield Stocks
President-elect Donald Trump's proposed tariffs have ignited significant uncertainty for the economy and markets. We take a look at how they will likely impact various high-yield sectors. We also share some of our top picks of the moment.
Positive
24/7 Wall Street
1 week ago
Why 5 Ultra-High-Yield Dividend Energy MLPs Could Be Biggest Trump Trade Winners
Over the years, some have considered the energy trade an old-school relic.
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