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MPLX LP (MPLX) Stock Drops Despite Market Gains: Important Facts to Note

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MPLX LP (MPLX - Free Report) ended the recent trading session at $50.26, demonstrating a -1.06% change from the preceding day's closing price. This change lagged the S&P 500's 0.14% gain on the day. Meanwhile, the Dow lost 0.04%, and the Nasdaq, a tech-heavy index, added 0.38%.

Heading into today, shares of the company had lost 1.13% over the past month, lagging the Oils-Energy sector's loss of 0.85% and the S&P 500's gain of 5.35%.

Market participants will be closely following the financial results of MPLX LP in its upcoming release. The company plans to announce its earnings on August 5, 2025. It is anticipated that the company will report an EPS of $1.07, marking a 6.96% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $3.24 billion, showing a 6.23% escalation compared to the year-ago quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.48 per share and a revenue of $13.06 billion, representing changes of +6.41% and +9.48%, respectively, from the prior year.

It's also important for investors to be aware of any recent modifications to analyst estimates for MPLX LP. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 1.36% rise in the Zacks Consensus EPS estimate. MPLX LP currently has a Zacks Rank of #2 (Buy).

Investors should also note MPLX LP's current valuation metrics, including its Forward P/E ratio of 11.34. This represents a discount compared to its industry average Forward P/E of 17.15.

We can additionally observe that MPLX currently boasts a PEG ratio of 1.32. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Oil and Gas - Production and Pipelines industry had an average PEG ratio of 2.07.

The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 13, finds itself in the top 6% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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