MPLXMPLX
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
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
152% more call options, than puts
Call options by funds: $283M | Put options by funds: $112M
142% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 24
59% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 123
12% more funds holding in top 10
Funds holding in top 10: 25 [Q3] → 28 (+3) [Q4]
3% more funds holding
Funds holding: 497 [Q3] → 511 (+14) [Q4]
2% less capital invested
Capital invested by funds: $10.6B [Q3] → $10.4B (-$213M) [Q4]
2.06% less ownership
Funds ownership: 23.29% [Q3] → 21.23% (-2.06%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Raymond James Justin Jenkins 42% 1-year accuracy 8 / 19 met price target | 12%upside $60 | Outperform Maintained | 6 Feb 2025 |
Wells Fargo Michael Blum 75% 1-year accuracy 27 / 36 met price target | 11%upside $59 | Overweight Maintained | 6 Feb 2025 |
Barclays Theresa Chen 46% 1-year accuracy 12 / 26 met price target | 3%downside $52 | Overweight Maintained | 13 Jan 2025 |
Financial journalist opinion
Based on 28 articles about MPLX published over the past 30 days
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