MPLX LP (MPLX)

Last Closing Price: 40.68 (2024-04-19)

Company Description

MPLX LP is a master limited partnership engaged in providing a wide range of midstream energy services, including fuel distribution solutions. The large-cap partnership owns, operate and develop midstream energy infrastructures and logistics assets, mostly for its parent company Marathon Petroleum Corporation. Apart from oil and natural gas gathering systems, the partnership's midstream assets comprise transportation pipelines for crude, natural gas and refined petroleum products. MPLX also has processing and fractionation facilities for natural gas and natural gas liquids. MPLX divides its operations into two segments - Logistics and Storage and Gathering and Processing. L&S:?The partnership's logistics and storage properties, which were primarily dropped down from Marathon Petroleum. G&P:?MPLX's gathering and processing properties are located in regions of the United States.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $11.28B
Net Income (Most Recent Fiscal Year) $3.93B
PE Ratio (Current Year Earnings Estimate) 9.80
PE Ratio (Trailing 12 Months) 10.55
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 3.60
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 3.18
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 7.76
Pre-Tax Margin (Trailing 12 Months) 35.25%
Net Margin (Trailing 12 Months) 34.82%
Return on Equity (Trailing 12 Months) 31.85%
Return on Assets (Trailing 12 Months) 10.90%
Current Ratio (Most Recent Fiscal Quarter) 1.07
Quick Ratio (Most Recent Fiscal Quarter) 1.01
Debt to Common Equity (Most Recent Fiscal Quarter) 1.52
Inventory Turnover (Trailing 12 Months) 31.05
Book Value per Share (Most Recent Fiscal Quarter) $12.65
Earnings per Share (Most Recent Fiscal Quarter) $1.10
Earnings per Share (Most Recent Fiscal Year) $3.80
Diluted Earnings per Share (Trailing 12 Months) $3.81
Stock
Exchange NYSE
Sector Energy
Industry Oil & Gas Midstream
Common Shares Outstanding 1.01B
Free Float --
Market Capitalization $40.64B
Average Volume (Last 20 Days) 2.01M
Beta (Past 60 Months) 1.35
Percentage Held By Insiders (Latest Annual Proxy Report) --
Percentage Held By Institutions (Latest 13F Reports) 24.25%
Annual Dividend (Based on Last Quarter) $3.40
Dividend Yield (Based on Last Quarter) 8.46%