Mplx FY2026 EPS Estimate Boosted by US Capital Advisors

Mplx Lp (NYSE:MPLX) – Research analysts at US Capital Advisors lifted their FY2026 earnings per share (EPS) estimates for Mplx in a report released on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $4.29 per share for the year, up from their previous estimate of $4.26. The consensus estimate for Mplx’s current full-year earnings is $4.41 per share.

Other analysts have also issued research reports about the company. Raymond James upped their price objective on Mplx from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Thursday, February 6th. Wall Street Zen lowered Mplx from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 2nd. Wells Fargo & Company upped their price objective on Mplx from $54.00 to $59.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Royal Bank of Canada increased their target price on Mplx from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Monday, March 17th. Finally, Morgan Stanley increased their target price on Mplx from $56.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 11th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $55.50.

Mplx Stock Performance

MPLX opened at $50.26 on Thursday. Mplx has a 52-week low of $39.95 and a 52-week high of $54.87. The firm has a market capitalization of $51.31 billion, a PE ratio of 11.94, a PEG ratio of 1.69 and a beta of 0.76. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.95 and a current ratio of 0.99. The business’s 50-day simple moving average is $51.02 and its 200 day simple moving average is $50.53.

Mplx (NYSE:MPLX) last released its earnings results on Tuesday, May 6th. The pipeline company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.03. Mplx had a return on equity of 31.94% and a net margin of 36.18%. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same quarter in the prior year, the company posted $0.98 earnings per share. Mplx’s revenue was up 9.8% on a year-over-year basis.

Hedge Funds Weigh In On Mplx

A number of hedge funds have recently added to or reduced their stakes in the stock. VSM Wealth Advisory LLC acquired a new stake in Mplx in the fourth quarter valued at about $31,000. Rossby Financial LCC acquired a new position in Mplx during the first quarter worth about $33,000. JFS Wealth Advisors LLC acquired a new position in Mplx during the first quarter worth about $37,000. Wealth Preservation Advisors LLC acquired a new position in Mplx during the first quarter worth about $44,000. Finally, MorganRosel Wealth Management LLC acquired a new position in Mplx during the first quarter worth about $48,000. Institutional investors own 24.25% of the company’s stock.

Insiders Place Their Bets

In related news, VP Shawn M. Lyon acquired 4,000 shares of the stock in a transaction on Friday, March 7th. The shares were purchased at an average price of $52.75 per share, for a total transaction of $211,000.00. Following the purchase, the vice president now directly owns 25,299 shares in the company, valued at approximately $1,334,522.25. The trade was a 18.78% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Mplx Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were paid a dividend of $0.9565 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $3.83 dividend on an annualized basis and a yield of 7.61%. Mplx’s dividend payout ratio (DPR) is presently 88.22%.

About Mplx

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Crude Oil and Products Logistics and Natural Gas and NGL Services segments. The Crude Oil and Products Logistics segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water.