Headlines about Mplx (NYSE:MPLX) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Mplx earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the pipeline company an impact score of 44.9299524670409 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern’s rankings:
- Analysts See $1.54 EPS for Chipotle Mexican Grill, Inc. (CMG); Cushing Asset Management LP Has Lowered Mplx LP … (mtastar.com)
- Take a snapshot of Stock: MPLX LP (MPLX) (mostvolatilestocks.com)
- Stock’s Price to Earnings Ratio (P/E) – Brief Analysis – MPLX LP (NYSE: MPLX) (stocksmarketcap.com)
- Samson Capital Management Cut Mplx LP (MPLX) Position By $340830; Baupost Group Has Lowered Express Scripts … (mtastar.com)
- Moving Average Convergence Divergence Analysis of MPLX LP (NYSE:MPLX) (oracleexaminer.com)
A number of research firms have weighed in on MPLX. Zacks Investment Research downgraded Mplx from a “buy” rating to a “hold” rating in a report on Friday. Jefferies Group downgraded Mplx from a “buy” rating to a “hold” rating and set a $38.00 target price on the stock. in a report on Monday, February 5th. Morgan Stanley upgraded Mplx from an “equal” rating to a “weight” rating and set a $40.00 target price on the stock in a report on Friday, March 23rd. Credit Suisse Group began coverage on Mplx in a report on Thursday, January 4th. They set an “outperform” rating and a $43.00 target price on the stock. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $45.00 target price on shares of Mplx in a report on Thursday, February 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $41.33.
Mplx (NYSE:MPLX) last posted its quarterly earnings results on Thursday, February 1st. The pipeline company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.03). Mplx had a return on equity of 6.98% and a net margin of 17.90%. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $937.04 million. During the same quarter in the previous year, the company earned $0.17 EPS. The business’s quarterly revenue was up 27.9% on a year-over-year basis. analysts expect that Mplx will post 1.93 EPS for the current fiscal year.
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MPLX LP owns, operates, develops, and acquires midstream energy infrastructure assets. It operates in two segments, Logistics and Storage, and Gathering and Processing segments. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids (NGLs); and gathering, transportation, and storage of crude oil and refined petroleum products.
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