MPLXMPLX LP presents a compelling investment case driven by strong fundamentals, a substantial dividend yield, and a favorable position in the midstream energy sector. While technical indicators show some short-term caution, the long-term outlook remains positive.
MPLX LP is well-positioned within the critical midstream energy infrastructure sector, benefiting from stable demand for energy transportation and storage. The growing emphasis on energy transition and renewables offers diversification opportunities.
MPLX LP demonstrates robust financial health, strong profitability, and a very attractive dividend yield. Its operational scale and strategic assets contribute to its fundamental strength.
The stock is trading near its 52-week high and shows mixed signals across different timeframes, indicating a period of consolidation or potential for a minor correction before continuing its trend.
| Factor | Score |
|---|---|
| Energy Infrastructure Demand | 85 |
| Energy Transition & Renewables | 65 |
| Regulatory Environment (Midstream) | 60 |
| Economic Sensitivity | 70 |
| Factor | Score |
|---|---|
| Valuation | 80 |
| Profitability | 90 |
| Growth | 65 |
| Balance Sheet Health | 70 |
| Cash Flow | 85 |
| Dividend Yield | 95 |
| Factor | Score |
|---|---|
| Trend Analysis | 70 |
| Momentum | 60 |
| Volume | 75 |
| Support & Resistance | 60 |
| Short-term Indicators | 55 |
Positive Earnings Surprises
MPLX LP has demonstrated a positive trend in earnings per share (EPS) surprises, with 5 out of the last 8 quarters exceeding analyst estimates. Notably, Q3 2024 showed a significant positive surprise of 17.36%.
Attractive Trailing P/E Ratio
The trailing P/E ratio of 16.1 is competitive within the midstream energy infrastructure sector, suggesting potential for valuation expansion if growth continues.
High Quarterly P/E Ratios
Recent quarterly P/E ratios have been exceptionally high, with Q1 2025 at 47.6 and Q4 2024 at 42.8. This suggests the market may be expecting very high future growth that could be difficult to achieve.
Significant Debt Load
MPLX LP carries a substantial debt of $21.436 billion as of Q4 2024. While covered by free cash flow, a high debt burden can increase financial risk, especially in a rising interest rate environment.
May 2025
9
Ex-Dividend Date
May 2025
16
Next Dividend Date
August 2025
5
Next Earnings Date
H: $1.11
A: $1.09
L: $1.06
H: 3.22B
A: 3.16B
L: 3.12B
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.
56.03 USD
The 39 analysts offering 1 year price forecasts for MPLX have a max estimate of 64.00 and a min estimate of 50.43.