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MPLX LP (MPLX) Rises As Market Takes a Dip: Key Facts
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MPLX LP (MPLX - Free Report) ended the recent trading session at $57.68, demonstrating a +1.37% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 1.44%. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 2.22%.
The stock of company has risen by 0.76% in the past month, leading the Oils-Energy sector's loss of 7.14% and the S&P 500's gain of 0.08%.
Investors will be eagerly watching for the performance of MPLX LP in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. The company is forecasted to report an EPS of $1.08, showcasing a 4.85% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $3.26 billion, up 8.52% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.22 per share and revenue of $13.09 billion, indicating changes of -12.45% and +0.71%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for MPLX LP. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.12% decrease. As of now, MPLX LP holds a Zacks Rank of #3 (Hold).
In terms of valuation, MPLX LP is currently trading at a Forward P/E ratio of 13.48. This represents a discount compared to its industry average Forward P/E of 17.85.
Investors should also note that MPLX has a PEG ratio of 5.46 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Production and Pipelines industry had an average PEG ratio of 1.85 as trading concluded yesterday.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 92, putting it in the top 38% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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MPLX LP (MPLX) Rises As Market Takes a Dip: Key Facts
MPLX LP (MPLX - Free Report) ended the recent trading session at $57.68, demonstrating a +1.37% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 1.44%. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 2.22%.
The stock of company has risen by 0.76% in the past month, leading the Oils-Energy sector's loss of 7.14% and the S&P 500's gain of 0.08%.
Investors will be eagerly watching for the performance of MPLX LP in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. The company is forecasted to report an EPS of $1.08, showcasing a 4.85% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $3.26 billion, up 8.52% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.22 per share and revenue of $13.09 billion, indicating changes of -12.45% and +0.71%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for MPLX LP. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.12% decrease. As of now, MPLX LP holds a Zacks Rank of #3 (Hold).
In terms of valuation, MPLX LP is currently trading at a Forward P/E ratio of 13.48. This represents a discount compared to its industry average Forward P/E of 17.85.
Investors should also note that MPLX has a PEG ratio of 5.46 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Production and Pipelines industry had an average PEG ratio of 1.85 as trading concluded yesterday.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 92, putting it in the top 38% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.