Mplx (NYSE:MPLX – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Tuesday, August 6th. Analysts expect Mplx to post earnings of $1.00 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Mplx Stock Down 1.1 %
Shares of NYSE MPLX opened at $42.12 on Monday. The company’s fifty day simple moving average is $41.88 and its 200 day simple moving average is $40.69. Mplx has a 12-month low of $34.32 and a 12-month high of $43.42. The company has a quick ratio of 0.67, a current ratio of 0.72 and a debt-to-equity ratio of 1.44. The firm has a market cap of $42.80 billion, a PE ratio of 10.86, a P/E/G ratio of 2.13 and a beta of 1.37.
Mplx Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 16th. Shareholders of record on Friday, August 9th will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 8.07%. The ex-dividend date of this dividend is Friday, August 9th. Mplx’s dividend payout ratio is 87.63%.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Mplx
About Mplx
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate.
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