Mplx Lp (NYSE:MPLX) Receives Average Rating of “Moderate Buy” from Brokerages

Mplx Lp (NYSE:MPLX) has earned a consensus rating of “Moderate Buy” from the thirteen analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $61.60.

A number of equities research analysts have recently weighed in on MPLX shares. Truist Financial cut their target price on shares of Mplx from $67.00 to $66.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Wells Fargo & Company cut their target price on shares of Mplx from $63.00 to $61.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Citigroup boosted their price objective on shares of Mplx from $54.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. boosted their price objective on shares of Mplx from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 10th. Finally, UBS Group boosted their price objective on shares of Mplx from $64.00 to $73.00 and gave the stock a “buy” rating in a research note on Monday, March 16th.

Institutional Investors Weigh In On Mplx

Several hedge funds have recently bought and sold shares of MPLX. Solstein Capital LLC bought a new stake in Mplx during the third quarter worth about $25,000. EQ Wealth Advisors LLC bought a new stake in Mplx during the fourth quarter worth about $32,000. Assetmark Inc. boosted its stake in Mplx by 81.5% during the first quarter. Assetmark Inc. now owns 559 shares of the pipeline company’s stock worth $32,000 after acquiring an additional 251 shares in the last quarter. Wiser Advisor Group LLC bought a new stake in Mplx during the third quarter worth about $38,000. Finally, Prosperity Bancshares Inc bought a new stake in Mplx during the fourth quarter worth about $43,000. Institutional investors own 24.25% of the company’s stock.

Key Stories Impacting Mplx

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: US Capital Advisors raised several of its earnings estimates for MPLX, including Q2 2026 EPS to $1.01, Q4 2026 EPS to $1.04, Q3 2027 EPS to $1.10, and Q4 2027 EPS to $1.09, which could support investor confidence in the partnership’s earnings outlook.
• Neutral Sentiment: The broader energy-infrastructure backdrop remains constructive, with rising natural gas demand tied to LNG exports and power needs, which may support midstream volume growth over time.
• Negative Sentiment: US Capital Advisors trimmed some longer-term estimates, including FY2026 EPS to $3.97, FY2027 EPS to $4.26, and FY2028 EPS to $4.52, signaling that the upside remains modest and not all forecasts moved higher.

Mplx Trading Down 0.7%

Shares of MPLX opened at $55.30 on Friday. The firm’s 50-day moving average price is $55.84 and its 200-day moving average price is $55.68. The firm has a market capitalization of $56.11 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 5.34 and a beta of 0.48. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 1.71. Mplx has a 1-year low of $47.80 and a 1-year high of $59.98.

Mplx (NYSE:MPLX) last announced its earnings results on Tuesday, May 5th. The pipeline company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.15). The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $3.09 billion. Mplx had a net margin of 36.38% and a return on equity of 32.74%. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.10 EPS. Sell-side analysts anticipate that Mplx will post 4.22 EPS for the current year.

Mplx Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 8th were paid a dividend of $1.0765 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $4.31 annualized dividend and a yield of 7.8%. Mplx’s payout ratio is presently 93.29%.

About Mplx

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.