Mplx (MPLX) Projected to Post Earnings on Tuesday

Mplx (NYSE:MPLX) is projected to issue its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to announce earnings of $1.13 per share and revenue of $3.35 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, November 3, 2026 at 9:30 AM ET.

Mplx (NYSE:MPLX) last posted its earnings results on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.06. Mplx had a return on equity of 32.83% and a net margin of 35.75%. The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter last year, the firm earned $1.03 earnings per share. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. On average, analysts expect Mplx to post $4.25 EPS for the current fiscal year and $4.69 EPS for the next fiscal year.

Mplx Stock Performance

Shares of Mplx stock opened at $58.60 on Tuesday. Mplx has a 52 week low of $50.22 and a 52 week high of $60.95. The business’s fifty day simple moving average is $58.38 and its 200-day simple moving average is $57.06. The firm has a market cap of $59.41 billion, a PE ratio of 12.60, a price-to-earnings-growth ratio of 5.63 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 1.71.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings reaffirmed a “buy (a-)” rating on shares of Mplx in a research report on Thursday, August 13th. Wolfe Research cut shares of Mplx from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, July 29th. Morgan Stanley reduced their price target on shares of Mplx from $66.00 to $64.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 13th. Stifel Nicolaus started coverage on shares of Mplx in a research note on Thursday, September 10th. They issued a “hold” rating and a $65.00 price target on the stock. Finally, Wells Fargo & Company upped their price objective on shares of Mplx from $61.00 to $63.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $63.80.

Mplx Company Profile

MPLX LP (NYSE:MPLX) is a master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides services for the gathering, processing, transportation, storage and marketing of crude oil, natural gas and natural gas liquids (NGLs).

MPLX’s assets include crude oil and refined-products pipelines, natural gas gathering and processing systems, NGL fractionation facilities, storage terminals and marine transportation infrastructure. Through its logistics and storage operations, the company supports the movement of hydrocarbons from producing regions to refineries, export facilities and other domestic markets.

The company serves several major U.S.