Earning Analysis
Welcome to our in-depth analysis of MPLX LP(MPLX) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of MPLX LP earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-11-04 | Pre-Market | 1.07 | 1.52 | +42.06 | 3.16B | 3.62B | +14.57 | +0.69 | +0.83 |
| FY2025Q2 | 2025-08-05 | Pre-Market | 1.07 | 1.03 | -3.74 | 3.14B | 3.00B | -4.33 | -3.51 | -4.36 |
| - | 2025-05-06 | Pre-Market | 1.06 | 1.10 | +3.77 | 3.16B | 3.12B | -1.14 | -1.66 | -2.98 |
| FY2024Q4 | 2025-02-04 | Pre-Market | 1.04 | 1.07 | +2.88 | 3.07B | 3.06B | -0.33 | +2.37 | +4.20 |
| FY2024Q3 | 2024-11-05 | Pre-Market | 1.06 | 1.01 | -4.72 | 3.02B | 2.97B | -1.44 | +2.39 | +6.61 |
| FY2024Q2 | 2024-08-06 | - | 0.98 | 1.15 | +17.35 | 2.96B | 3.05B | +3.19 | +1.19 | +0.35 |
| FY2024Q1 | 2024-04-30 | - | 0.99 | 0.98 | -1.01 | 2.90B | 2.85B | -1.77 | -0.38 | +0.41 |
| FY2023Q4 | 2024-01-30 | - | 0.95 | 1.10 | +15.79 | 2.85B | 2.97B | +4.21 | +1.21 | +0.84 |
| FY2023Q3 | 2023-10-31 | - | 0.91 | 0.89 | -2.20 | 2.71B | 2.91B | +7.62 | +0.28 | +1.96 |
| FY2023Q2 | 2023-08-01 | - | 0.86 | 0.91 | +5.81 | 2.71B | 2.69B | -0.69 | +0.06 | +0.63 |
MPLX Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, MPLX LP reported performance for FY2025Q3, announced on 2025-11-04. The company achieved an EPS of 1.52, compared to analyst estimates of 1.07 by 42.06% . Revenue for the quarter reached 3.62B compared to expectations of 3.16B by 14.57% .
The stock price reacted with a 0.69% one-day change and a 0.83% five-day change following the earnings release. These movements reflect market reaction in MPLX LP growth trajectory and strategic initiatives.
MPLX Earnings Forecast
Looking ahead, MPLX LP(MPLX) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 3.23B and an EPS of 1.05.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 2.49%, while EPS estimates have been Revise Upward by 5.39%. For the upcoming Q4 2025, revenue estimates have been adjusted No Change by -0% . These revisions correlate with a 10.63% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in MPLX LP long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between MPLX's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward
+2.49%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
+5.39%
In Past 3 Month
Revenue Estimates for Q4 2025
No Change
0.00%
In Past 3 Month
Stock Price
Go Up
+10.63%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:12.82B
--
EPS Estimate-Annual FY 2025:4.62
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Stock Price55.88
MPLX Revenue and EPS Performance: A Historical Perspective
MPLX LP revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-11-04,Pre-Market):
EPS: 1.52 (Actual) vs.1.07 (Estimate) (42.06%)
Revenue: 3.62B (Actual) vs. 3.16B (Estimate) (14.57%)
Price Reaction: 0.69%(1-Day), 0.83%(5-Day)
FY2025Q2 (2025-08-05,Pre-Market):
EPS: 1.03 (Actual) vs.1.07 (Estimate) (-3.74%)
Revenue: 3.00B (Actual) vs. 3.14B (Estimate) (-4.33%)
Price Reaction: -3.51%(1-Day), -4.36%(5-Day)
(2025-05-06,Pre-Market):
EPS: 1.10 (Actual) vs.1.06 (Estimate) (3.77%)
Revenue: 3.12B (Actual) vs. 3.16B (Estimate) (-1.14%)
Price Reaction: -1.66%(1-Day), -2.98%(5-Day)
Earnings Reaction
The chart below shows how MPLX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MPLX sees a -1.42% change in stock price 10 days leading up to the earnings, and a +0.24% change 10 days following the report. On the earnings day itself, the stock moves by +0.26%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed 0.74% on the day following the earnings release and then changed by 3.26% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
MPLX LP (MPLX) Q3 2025 Earnings Call Summary
Positive
2025-11-04
MPLX demonstrates strong performance with a 7% increase in adjusted EBITDA and robust growth projections. The strategic expansions, such as the BANGL pipeline and sour gas treating capacity, along with a solid cash position, contribute to optimism. Despite flat pipeline volumes and a slight terminal volume decrease, the market strategy and shareholder return plan are favorable. The Q&A reveals confidence in filling pipeline capacity and achieving EBITDA growth, although some details remain unclear. Overall, the sentiment leans positive due to strategic growth plans and financial health.
MPLX LP (MPLX) Q2 2025 Earnings Call Summary
Positive
2025-08-05
The earnings call summary reveals a stable financial performance with a slight increase in distributable cash flow and a strong cash balance, despite some project-related expense increases. The strategic plan highlights significant growth projects and acquisitions, along with a durable distribution growth strategy. The Q&A section reflects confidence in future growth, supported by strategic acquisitions and long-term contracts. However, management's lack of clarity on some future strategies slightly tempers the overall sentiment. Overall, the positive aspects outweigh the negatives, suggesting a positive stock price movement in the short term.
MPLX LP (MPLX) Q1 2025 Earnings Call Summary
Positive
2025-05-07
MPLX's earnings call highlights strong financial performance with a 7% increase in adjusted EBITDA and an 8% increase in distributable cash flow. The company is increasing distributions and repurchasing units, indicating confidence in financial health. Despite market volatility and regulatory risks, MPLX's strategic investments and project expansions suggest optimism. The Q&A section reveals durable strategies and accretive acquisitions, supporting a positive outlook. Overall, the financial metrics and strategic plans suggest a positive sentiment, likely leading to a stock price increase in the short term.
MPLX LP (MPLX) Q1 2025 Earnings Call Summary
Positive
2025-05-06
MPLX's earnings call showcases strong financial performance, strategic investments, and shareholder returns. The company maintains a solid financial position with a 7% increase in adjusted EBITDA and an 8% rise in distributable cash flow. The 12.5% distribution increase and $100 million in unit repurchases further enhance investor sentiment. Despite risks like market volatility and regulatory challenges, MPLX's strategic projects and acquisitions are expected to be accretive. The Q&A section reveals analyst concerns about capital spending flexibility, but overall sentiment remains positive due to strong financials and strategic growth initiatives.
MPLX LP (MPLX) Q4 2024 Earnings Call Summary
Positive
2025-02-05
The earnings call reflects strong financial performance with an 8% YoY increase in adjusted EBITDA and a 12.5% distribution increase, indicating robust financial health. The strategic focus on NGL value chain expansion and partnerships like ONEOK suggests growth potential. Despite some concerns in the Q&A about specifics of contracts, the overall sentiment remains positive due to continued distribution growth expectations and strong liquidity. The absence of market cap data suggests a moderate positive impact, resulting in a stock price prediction of 2% to 8% increase.
MPLX LP Common Units (MPLX) Q3 2024 Earnings Call Summary
Positive
2024-11-05
The earnings call shows strong financial performance, with increased EBITDA and cash flow, as well as strategic growth initiatives like the Whistler Transaction and new gas processing plants. The Q&A highlights confidence in distribution growth and opportunities in the Marcellus region. However, concerns about operational risks and vague guidance on distribution sustainability slightly temper the outlook. Overall, the company's financial health, growth prospects, and shareholder returns suggest a positive stock price movement, despite some uncertainties.
MPLX LP (MPLX) Q2 2024 Earnings Call Summary
Positive
2024-08-06
The earnings call reveals strong financial metrics, including an 8% increase in adjusted EBITDA and a 10% increase in fractionation volumes, along with strategic growth initiatives in the Marcellus and Permian basins. Despite competitive pressures and supply chain challenges, MPLX's financial flexibility and commitment to shareholder returns, including a 10% distribution growth, are positive indicators. The Q&A section suggests confidence in growth opportunities, although some details remain vague. Overall, the combination of optimistic guidance, strategic transactions, and strong financial performance points to a positive stock price movement.
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FAQ
What were the key highlights of MPLX’s latest earnings report for FY2025Q3?
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How does MPLX’s stock price correlate with earnings forecast revisions?
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