US Capital Advisors Increases Earnings Estimates for Mplx

Mplx Lp (NYSE:MPLX) – US Capital Advisors raised their FY2026 earnings per share estimates for shares of Mplx in a research note issued to investors on Thursday, August 20th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $4.06 per share for the year, up from their previous forecast of $3.98. The consensus estimate for Mplx’s current full-year earnings is $4.26 per share. US Capital Advisors also issued estimates for Mplx’s Q1 2027 earnings at $1.00 EPS and Q2 2027 earnings at $1.04 EPS.

Mplx (NYSE:MPLX) last released its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share for the quarter, hitting the consensus estimate of $1.06. Mplx had a net margin of 35.75% and a return on equity of 32.83%. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period in the previous year, the business earned $1.03 EPS. Mplx’s revenue for the quarter was up 10.3% compared to the same quarter last year.

MPLX has been the topic of a number of other research reports. Morgan Stanley increased their target price on shares of Mplx from $60.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 12th. Weiss Ratings restated a “buy (a-)” rating on shares of Mplx in a research report on Thursday, August 13th. Zacks Research raised Mplx from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Wells Fargo & Company upped their price objective on Mplx from $61.00 to $63.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $60.00 price objective on shares of Mplx in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $62.80.

Mplx Price Performance

Mplx stock opened at $58.71 on Friday. The company has a market capitalization of $59.52 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 5.57 and a beta of 0.48. The stock’s 50 day moving average is $57.66 and its 200-day moving average is $56.94. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 1.71. Mplx has a 12 month low of $47.80 and a 12 month high of $60.95.

Institutional Investors Weigh In On Mplx

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Belfer Management LLC boosted its position in shares of Mplx by 2.4% during the fourth quarter. Belfer Management LLC now owns 7,849 shares of the pipeline company’s stock valued at $419,000 after purchasing an additional 181 shares in the last quarter. Wealthstar Advisors LLC lifted its position in Mplx by 1.5% during the 4th quarter. Wealthstar Advisors LLC now owns 12,598 shares of the pipeline company’s stock valued at $672,000 after acquiring an additional 190 shares during the period. Sei Investments Co. lifted its position in Mplx by 0.9% during the 1st quarter. Sei Investments Co. now owns 22,175 shares of the pipeline company’s stock valued at $1,266,000 after acquiring an additional 201 shares during the period. Federation des caisses Desjardins du Quebec boosted its stake in Mplx by 3.8% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,658 shares of the pipeline company’s stock worth $302,000 after acquiring an additional 208 shares in the last quarter. Finally, Burford Brothers Inc. boosted its stake in Mplx by 1.2% during the fourth quarter. Burford Brothers Inc. now owns 17,449 shares of the pipeline company’s stock worth $931,000 after acquiring an additional 209 shares in the last quarter. 24.25% of the stock is owned by institutional investors.

Mplx Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 7th were paid a $1.0765 dividend. The ex-dividend date was Friday, August 7th. This represents a $4.31 annualized dividend and a dividend yield of 7.3%. Mplx’s payout ratio is currently 92.69%.

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.