Q3 Earnings Forecast for Mplx Issued By US Capital Advisors

Mplx Lp (NYSE:MPLX) – Analysts at US Capital Advisors decreased their Q3 2026 EPS estimates for Mplx in a research note issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings per share of $1.03 for the quarter, down from their prior estimate of $1.04. The consensus estimate for Mplx’s current full-year earnings is $4.28 per share. US Capital Advisors also issued estimates for Mplx’s Q4 2026 earnings at $1.07 EPS, Q3 2027 earnings at $1.10 EPS, Q4 2027 earnings at $1.09 EPS, FY2027 earnings at $4.24 EPS and FY2028 earnings at $4.56 EPS.

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

Other research analysts also recently issued reports about the company. Morgan Stanley upped their price target on Mplx from $60.00 to $66.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 12th. Wells Fargo & Company raised 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. Wolfe Research downgraded Mplx from an “outperform” rating to a “peer perform” rating in a report on Wednesday, July 29th. Barclays upped their target price on Mplx from $59.00 to $63.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “buy (a-)” rating on shares of Mplx in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $63.20.

Mplx Stock Performance

Shares of MPLX opened at $58.38 on Monday. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.89 and a quick ratio of 0.83. The stock has a 50-day moving average of $57.79 and a 200-day moving average of $57.00. The company has a market cap of $59.19 billion, a PE ratio of 12.55, a P/E/G ratio of 5.53 and a beta of 0.48. Mplx has a one year low of $47.80 and a one year high of $60.95.

Mplx Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 7th were issued a $1.0765 dividend. This represents a $4.31 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date was Friday, August 7th. Mplx’s dividend payout ratio is currently 92.69%.

Hedge Funds Weigh In On Mplx

Several large investors have recently added to or reduced their stakes in the business. Trust Co. of Vermont bought a new stake in Mplx during the 2nd quarter worth approximately $28,000. EQ Wealth Advisors LLC bought a new position in shares of Mplx in the fourth quarter valued at approximately $32,000. Assetmark Inc. lifted its holdings in shares of Mplx by 81.5% in the first quarter. Assetmark Inc. now owns 559 shares of the pipeline company’s stock valued at $32,000 after purchasing an additional 251 shares in the last quarter. Wiser Advisor Group LLC bought a new position in shares of Mplx in the third quarter valued at approximately $38,000. Finally, Prosperity Bancshares Inc purchased a new position in shares of Mplx during the fourth quarter valued at approximately $43,000. Institutional investors own 24.25% of the company’s stock.

Mplx Company Profile

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.