Q4 Earnings Estimate for Mplx Issued By US Capital Advisors

Mplx Lp (NYSE:MPLX) – Equities research analysts at US Capital Advisors issued their Q4 2026 earnings per share (EPS) estimates for Mplx in a report released on Monday, March 24th. US Capital Advisors analyst J. Carreker forecasts that the pipeline company will post earnings of $1.11 per share for the quarter. The consensus estimate for Mplx’s current full-year earnings is $4.41 per share.

Mplx (NYSE:MPLX) last posted its earnings results on Tuesday, February 4th. The pipeline company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. Mplx had a return on equity of 31.94% and a net margin of 36.18%. The business had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same period in the previous year, the firm earned $1.10 EPS. The firm’s revenue was up 3.3% compared to the same quarter last year.

Other equities research analysts have also recently issued research reports about the company. Wells Fargo & Company boosted their price objective on Mplx from $54.00 to $59.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Royal Bank of Canada lifted their price objective on shares of Mplx from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Monday, March 17th. Morgan Stanley raised their target price on shares of Mplx from $56.00 to $62.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 11th. Raymond James increased their price target on Mplx from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Finally, StockNews.com lowered shares of Mplx from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 2nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $54.00.

Mplx Price Performance

Shares of MPLX opened at $53.88 on Tuesday. The company’s 50-day moving average is $52.81 and its 200-day moving average is $48.58. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.95. The firm has a market capitalization of $55.09 billion, a PE ratio of 12.80, a PEG ratio of 1.69 and a beta of 1.40. Mplx has a fifty-two week low of $39.56 and a fifty-two week high of $54.87.

Hedge Funds Weigh In On Mplx

Hedge funds have recently modified their holdings of the business. VSM Wealth Advisory LLC acquired a new position in Mplx during the 4th quarter worth about $31,000. Geneos Wealth Management Inc. lifted its stake in shares of Mplx by 56.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,135 shares of the pipeline company’s stock worth $54,000 after acquiring an additional 409 shares during the period. Generali Asset Management SPA SGR bought a new stake in Mplx in the fourth quarter valued at approximately $56,000. Russell Investments Group Ltd. increased its position in Mplx by 139.6% during the 4th quarter. Russell Investments Group Ltd. now owns 1,785 shares of the pipeline company’s stock valued at $85,000 after purchasing an additional 1,040 shares during the period. Finally, RE Dickinson Investment Advisors LLC raised its holdings in Mplx by 11.5% during the 4th quarter. RE Dickinson Investment Advisors LLC now owns 2,017 shares of the pipeline company’s stock worth $96,000 after purchasing an additional 208 shares during the last quarter. Institutional investors and hedge funds own 24.25% of the company’s stock.

Insider Activity

In other Mplx news, VP Shawn M. Lyon bought 4,000 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The shares were acquired at an average cost of $52.75 per share, for a total transaction of $211,000.00. Following the transaction, the vice president now directly owns 25,299 shares in the company, valued at approximately $1,334,522.25. This represents a 18.78 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mplx Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a $0.9565 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $3.83 annualized dividend and a yield of 7.10%. Mplx’s dividend payout ratio is presently 90.74%.

About Mplx

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water.