Overall, MPLX’s impressive return ratios demonstrate its capability to generate cash and reduce dependency on debt financing . Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. In this comprehensive analysis, I thoroughly examined MPLX’s financial health by analyzing its profitability and leverage conditions. After careful consideration, I found that the company’s income from operations in 2022, combined with a substantial amount of capital expenditure, resulted in a satisfactory level of free cash flow. Furthermore, MPLX’s plan to increase its capital expenditures by focusing on growth strategies presents opportunities for more distributions and deleveraging.
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. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Represents the company’s profit divided by the outstanding shares of its common stock.
The company aims to expand its current Logistics and Storage segment assets and increase the capacity of its Gathering and Processing segment to boost operating cash flow during the year. This strategy is expected to result in a healthy amount of free cash flow for the following year. A strong free cash flow position reduces the risk of future defaults for MPLX. 11 Wall Street analysts have issued 1 year price targets for Mplx’s stock. Their MPLX share price forecasts range from $34.00 to $42.00. On average, they expect the company’s stock price to reach $38.44 in the next year.
Historical Prices for MPLX LP. Partnership Units
Mplx saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 12,680,000 shares, an increase of 9.1% from the March 31st total of 11,620,000 shares. Based on an average trading volume of 1,820,000 shares, the short-interest ratio is currently 7.0 days.
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- This is consistent with the company’s net debt levels in 2020 and 2019.
- MPC said profit more than doubled amid growth in its refining and marketing and midstream segments.
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MPLX LP. Partnership Units News
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Verify your identity, personalize the content you receive, or create and administer your account. Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. Operational results will worsen, but most companies should muddle through. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.
Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Marathon Petroeleum Corp. said Friday it is contributing its joint-interest ownership in certain pipelines and storage facilities to MPLX for a total consideration of $1.05 billion.
MPLX’s EBITDA margin decreased slightly to just over 50% by the end of 2022. While this ratio reflects MPLX’s profitability before non-operating items, it may differ from the net profit margin, which is a better indicator of overall performance. Thanks to a 28% increase in profit generation, MPLX’s net profit margin rose by 371 bps to 35.4% in 2022 compared to 31.7% at the end of 2021. This ratio represents the company’s profitability after all expenses have been accounted for.
About Mplx (NYSE:MPLX) Stock
Real-how to invest in bonds for beginners last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. MPLX LP will announce its quarterly financial results in 3 days. Traders should take this into account as the share price often fluctuates around this time period. As a fundamental stock market analyst, I mostly use real-market data to estimate stocks’ intrinsic value.
Real-time analyst ratings, insider transactions, earnings data, and more. Since then, MPLX shares have increased by 6.5% and is now trading at $34.99. According to analysts’ consensus price target of $38.44, Mplx has a forecasted upside of 9.9% from its current price of $34.99. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.
Per-Share Earnings, Actuals and Estimates
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. MPLX LP share price live 34.99, this page displays NYSE MPLX stock exchange data. View the MPLX premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the MPLX LP real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the MPLX quote. Despite improvements in EBITDA and cash flow, the company’s revenue growth was more and thus led to a slight decline in some margin ratios.
23 people have added Mplx to their MarketBeat watchlist in the last 30 days. Payout ratios above 75% are not desirable because they may not be sustainable. Mplx has only been the subject of 4 research reports in the past 90 days. MPLX LP has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising e… Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like Enterprise Products Partners , Kinder Morgan, Inc. and MPLX .
- Overall, MPLX’s impressive return ratios demonstrate its capability to generate cash and reduce dependency on debt financing .
- In 2022, MPLX LP’s revenue was $11.61 billion, an increase of 15.82% compared to the previous year’s $10.03 billion.
- We expect MPLX to generate over $500 million in excess cash flow after capital spending and distributions in 2023.
- This represents a $3.10 dividend on an annualized basis and a dividend yield of 8.86%.
Furthermore, MPLX’s financial strength is evident in its improved profitability and leverage metrics. The company has demonstrated its ability to generate profits and effectively utilize its assets, reassuring unitholders of its financial health. Notably, MPLX’s revenue has increased from $9.7 billion at the end of 2021 to over $11 billion in 2022. Additionally, the company’s strategic plans, such as expanding the Whistler pipeline from 2.0 bcf/d to 2.5 bcf/d in the next few years, are expected to further support revenue growth.
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Upgrade to MarketBeat All Access to add more stocks to your watchlist. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. MarketBeat has tracked 21 news articles for Mplx this week, compared to 5 articles on an average week. Short interest in Mplx has recently increased by 9.12%, indicating that investor sentiment is decreasing significantly. In the latest trading session, MPLX LP closed at $31.96, marking no change from the previous day.
This suggests a possible upside of 9.9% from the https://1investing.in/‘s current price. View analysts price targets for MPLX or view top-rated stocks among Wall Street analysts. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
This is a lower news sentiment than the 0.45 average news sentiment score of Oils/Energy companies. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. MPLX generated over $5 billion in operating cash flow while maintaining a level of capital spending at $806 million. Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of MPLX’s competitive advantage. But recovery is inevitable, and stocks look very cheap–just watch out for bankruptcy risk.
This indicates that growth strategies and capital expenditures during the year have set a foundation for further growth and cash generation in the following year. As a result of these positive developments, unitholders can expect continued deleveraging and modest growth in the coming year, leading to lower financing risks and higher distributions. This should also translate into a higher market unit price for MPLX .
MPLX LP reported Q3 EPS of $1.36, $0.53 better than the analyst estimate of $0.83. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $2.73… MPLX LP reported Q4 EPS of $0.78, $0.06 worse than the analyst estimate of $0.84. Revenue for the quarter came in at $2.66 billion versus the consensus estimate of $2.58…
I evaluate dividend stocks using Comparative Company Analysis and Dividend Discount Model methods. I also use statistical analysis to make projections on variables related to the market to turn my observations into numbers. Shareholders of record on Friday, May 5th will be given a dividend of $0.775 per share on Monday, May 15th. This represents a $3.10 dividend on an annualized basis and a dividend yield of 8.86%.
Net money flow is the value of uptick trades minus the value of downtick trades. Marathon Petroleum Corp.’s fourth-quarter earnings and revenue surged past expectations, the latest indication that the energy sector could be recovering. Shares of the company climbed 2% in premarket trading to $49. Rallied 5.7% in premarket trade Wednesday, after the energy midstream logistics master limited partnership agreed to be acquired by MPLX L.P.