Q3 Earnings Forecast for Mplx Issued By US Capital Advisors

Mplx Lp (NYSE:MPLX) – Equities research analysts at US Capital Advisors cut their Q3 2026 earnings per share estimates for shares of Mplx in a research report issued to clients and investors on Thursday, August 20th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will post earnings of $1.03 per share for the quarter, down from their previous forecast of $1.04. The consensus estimate for Mplx’s current full-year earnings is $4.28 per share. US Capital Advisors also issued estimates for Mplx’s Q4 2026 earnings at $1.07 EPS, Q3 2027 earnings at $1.10 EPS, Q4 2027 earnings at $1.09 EPS, FY2027 earnings at $4.24 EPS and FY2028 earnings at $4.56 EPS.

Mplx (NYSE:MPLX) last posted its earnings results on Tuesday, August 4th. The pipeline company reported $1.06 EPS for the quarter, meeting the consensus estimate of $1.06. Mplx had a return on equity of 32.83% and a net margin of 35.75%.The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. Mplx’s revenue for the quarter was up 10.3% compared to the same quarter last year.

A number of other brokerages also recently commented on MPLX. Wells Fargo & Company lifted their price target on shares of Mplx from $61.00 to $63.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Morgan Stanley upped their target price on Mplx from $60.00 to $66.00 and gave the company an “equal weight” rating in a report on Wednesday, August 12th. Barclays raised their target price on shares of Mplx from $59.00 to $63.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Wolfe Research lowered Mplx from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, July 29th. Finally, Zacks Research upgraded Mplx from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $63.20.

Mplx Stock Up 0.0%

Mplx stock opened at $58.42 on Monday. Mplx has a 1-year low of $47.80 and a 1-year high of $60.95. The company has a market cap of $59.23 billion, a PE ratio of 12.56, a price-to-earnings-growth ratio of 5.53 and a beta of 0.48. The stock’s 50 day moving average price is $57.75 and its 200 day moving average price is $56.98. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.89 and a quick ratio of 0.83.

Institutional Investors Weigh In On Mplx

Several hedge funds have recently modified their holdings of MPLX. Trust Co. of Vermont acquired a new stake in shares of Mplx during the 2nd quarter worth approximately $28,000. EQ Wealth Advisors LLC acquired a new stake in Mplx during the 4th quarter valued at $32,000. Assetmark Inc. lifted its position in Mplx by 81.5% during the 1st quarter. Assetmark Inc. now owns 559 shares of the pipeline company’s stock worth $32,000 after buying an additional 251 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in shares of Mplx during the third quarter worth approximately $38,000. Finally, Prosperity Bancshares Inc acquired a new stake in shares of Mplx in the 4th quarter valued at $43,000. 24.25% of the stock is owned by institutional investors.

Mplx Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 7th were given a $1.0765 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $4.31 dividend on an annualized basis and a dividend yield of 7.4%. Mplx’s dividend payout ratio (DPR) is currently 92.47%.

About Mplx

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.