The latest trading day saw MPLX LP (MPLX) settling at $51.84, representing a +1.39% change from its previous close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
MPLX remains a top midstream pick, due to strong distribution growth, robust coverage, and strategic expansion in the Permian Basin. The full acquisition and planned expansion of the BANGL pipeline are key catalysts for future EBITDA and distributable cash flow growth. The BANGL expansion indicates potential for organic growth and investors should expect more pipeline projects in MPLX's core markets in order for the company to accelerate its NGL growth strategy.
The energy sector can be a great place for income investors to find higher-yielding options. The average energy stock in the S&P 500 has a yield of around 3% at its current share price, which is more than double the 1.3% yield of the broad market index.
MPLX LP (MPLX) closed the most recent trading day at $51.65, moving +1.41% from the previous trading session.
MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?
MPLX's new CEO shifted messaging: distribution growth now tied to long-term EBITDA growth, not excess cash flows, making payout growth less transparent. Management is aggressively pursuing M&A and organic projects, focusing on NGL and natural gas, with targeted mid-single-digit growth and mid-teens returns. Despite commodity volatility, MPLX benefits from robust production in low-cost U.S. basins, supporting a positive long-term outlook for hydrocarbon demand.
MPLX remains a compelling buy due to strong revenue growth, high yield, low leverage, and attractive valuation versus peers. Recent quarterly results show robust expansion in both crude/products logistics and natural gas/NGL services, driving higher profitability and distributable cash flow. Strategic acquisitions and ongoing growth investments position MPLX for continued organic and inorganic expansion through 2025 and beyond.
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MPLX Q1 earnings gain on higher pipeline throughputs and a rise in gathered and processed volumes from the Utica and Permian Basins.
MPLX LP (NYSE:MPLX ) Q1 2025 Earnings Conference Call May 6, 2025 9:30 AM ET Company Participants Kristina Kazarian - Vice President Finance and IR Maryann Mannen - President and CEO Kris Hagedorn - Chief Financial Officer Gregory Floerke - Executive Vice President and COO David Heppner - Senior Vice President Shawn Lyon - Senior Vice President, Logistics and Storage Conference Call Participants John Mackay - Goldman Sachs Manav Gupta - UBS Burke Sansiviero - Wolfe Research Michael Bloom - Wells Fargo Operator Welcome to the MPLX First Quarter Earnings Call. My name is Amanda, and I will be your operator for today's call.
MPLX is likely to have generated stable Q1 earnings, backed by its network of crude oil and refined product pipelines.