MPLX

MPLX LP

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Advanced Chart

49.250

-0.540(-1.080%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

50.470

Open

50.470

VWAP

49.35

Vol

2.10M

Mkt Cap

43.29B

Low

48.810

Amount

103.61M

EV/EBITDA(TTM)

12.51

Total Shares

1.02B

72.18B

EV/OCF(TTM)

12.14

P/S(TTM)

4.68

MPLX LP is a diversified master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuel distribution services. The Company’s segments include Logistics and Storage (L&S) and Gathering and Processing (G&P). The L&S segment primarily engages in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. The L&S segment also includes the operation of its refining logistics, fuel distribution and inland marine businesses, terminals, rail facilities and storage caverns. The G&P segment provides gathering, processing and transportation of natural gas, as well as the transportation, fractionation, storage and marketing of natural gas liquids (NGLs). Its assets include a network of crude oil and refined product pipelines; an inland marine business; light-product, asphalt, heavy oil and marine terminals; storage caverns, and others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q1

FY2025Q2

FY2025Q3

3.15B

+10.84%

1.170

+19.39%

3.16B

+3.61%

1.144

-0.55%

3.23B

+8.59%

1.192

+18.06%

Estimates Revision

The market is revising Upward the revenue expectations for MPLX LP (MPLX) for FY2025, with the revenue forecasts being adjusted by 0.91% over the past three months. During the same period, the stock price has changed by -7.39%.

Revenue Estimates for FY2025

Revise Upward

+0.91%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+1.99%

In Past 3 Month

Stock Price

Go Down

-7.39%

In Past 3 Month

10 Analyst Rating

19.39% Upside

Wall Street analysts forecast MPLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MPLX is 58.80 USD with a low forecast of 54.00 USD and a high forecast of 64.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

8 Buy

1 Hold

1 Sell

Moderate Buy

19.39% Upside

Current: 49.250

Low

54.00

Averages

58.80

High

64.00

19.39% Upside

Current: 49.250

Low

54.00

Averages

58.80

High

64.00

RBC Capital

Elvira Scotto

Buy

Maintains

$55 → $58

2025-03-17

Reason

RBC Capital

Elvira Scotto

Price Target

$55 → $58

2025-03-17

Maintains

Buy

Reason

RBC Capital analyst Elvira Scotto raised the firm's price target on MPLX to $58 from $55 and keeps an Outperform rating on the shares after its recent Q4 results. The firm continues to see the company as one of the most attractive income plays among large-cap MLPs with an attractive current yield of over 7%, and it also believes that MPLX can continue to meaningfully grow its distribution supported by its elevated growth capex plans focused on enhancing its NGL value chain, the analyst tells investors in a research note.

Barclays

Theresa Chen

Buy

Maintains

$52 → $55

2025-03-14

Reason

Barclays

Theresa Chen

Price Target

$52 → $55

2025-03-14

Maintains

Buy

Reason

Barclays analyst Theresa Chen raised the firm's price target on MPLX to $55 from $52 and keeps an Overweight rating on the shares. The firm says competition is "heating up" for the midstream refiners amid the macro uncertainty.

Morgan Stanley

Robert Kad

Hold

Maintains

$56 → $62

2025-03-11

Reason

Morgan Stanley

Robert Kad

Price Target

$56 → $62

2025-03-11

Maintains

Hold

Reason

Wells Fargo

Michael Blum

Buy

Maintains

$54 → $59

2025-02-06

Reason

Wells Fargo

Michael Blum

Price Target

$54 → $59

2025-02-06

Maintains

Buy

Reason

Raymond James

Justin Jenkins

Buy

Maintains

$55 → $60

2025-02-06

Reason

Raymond James

Justin Jenkins

Price Target

$55 → $60

2025-02-06

Maintains

Buy

Reason

Raymond James raised the firm's price target on MPLX to $60 from $55 and keeps an Outperform rating on the shares. Both of MPLX's segments present tailwinds in the current environment that don't seem to be well reflected in valuation, even with strong recent performance, the analyst tells investors in a research note. The firm is more optimistic on MPLX's multiyear earnings trajectory relative to consensus, especially in light of recent natural gas liquids logistics projects, as well as inflation escalators on the core business.

Barclays

Theresa Chen

Buy

Maintains

$49 → $52

2025-01-13

Reason

Barclays

Theresa Chen

Price Target

$49 → $52

2025-01-13

Maintains

Buy

Reason

Barclays raised the firm's price target on MPLX to $52 from $49 and keeps an Overweight rating on the shares. The firm sees stable midstream earnings but says the company's refining remains challenged.

See All Ratings

Valuation Metrics

The current forward P/E ratio for MPLX LP (MPLX.N) is 11.13, compared to its 5-year average forward P/E of 9.54. For a more detailed relative valuation and DCF analysis to assess MPLX LP 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

9.54

Current PE

11.13

Overvalued PE

10.60

Undervalued PE

8.49

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

9.28

Current EV/EBITDA

10.10

Overvalued EV/EBITDA

9.81

Undervalued EV/EBITDA

8.75

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

3.12

Current PS

4.06

Overvalued PS

3.61

Undervalued PS

2.63