Large-cap Energy company MPLX LP has logged a -1.2% change today on a trading volume of 2,627,263. The average volume for the stock is 1,766,270.
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. The company is now trading -12.31% away from its average analyst target price of $46.48 per share. The 14 analysts following the stock have set target prices ranging from $41.0 to $50.0, and on average give MPLX LP a rating of buy.
Over the last 52 weeks, MPLX stock has risen 16.7%, which amounts to a -2.3% difference compared to the S&P 500. The stock's 52 week high is $43.42 whereas its 52 week low is $34.47 per share. Based on MPLX LP's average net margin growth of 5.0% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 11,281,000 | 3,928,000 | 35 | 2.94 |
| 2022 | 11,613,000 | 3,944,000 | 34 | 9.68 |
| 2021 | 10,027,000 | 3,077,000 | 31 | 410.0 |
| 2020 | 7,569,000 | -720,000 | -10 | -190.91 |
| 2019 | 9,041,000 | 1,033,000 | 11 | -57.69 |
| 2018 | 7,005,000 | 1,818,000 | 26 |
