What MPLX LP Investors Should Keep in Mind

By Kim Brooks • Saturday, December 16 16:51 • Permanent Link

More and more people are talking about MPLX LP over the last few weeks. Is it worth buying the Oil & Gas Transportation and Processing stock at a price of $36.01? Only time will tell. The information below will give you a basic idea of what this investment may entail:

MPLX LP has moved 12.7% over the last year, and the S&P 500 logged a change of 23.6%
MPLX has an average analyst rating of buy and is -12.02% away from its mean target price of $40.93 per share
Its trailing earnings per share (EPS) is $3.48
MPLX LP has a trailing 12 month Price to Earnings (P/E) ratio of 10.3 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $3.91 and its forward P/E ratio is 9.2
The company has a Price to Book (P/B) ratio of 2.98 in contrast to the S&P 500's average ratio of 2.95
MPLX LP is part of the Energy sector, which has an average P/E ratio of 8.53 and an average P/B of 1.78
MPLX has reported YOY quarterly earnings growth of -34.6% and gross profit margins of 0.5%
The company has a free cash flow of $2.22 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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, exchange, 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 sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.