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MPLX LP (MPLX)

(Delayed Data from NYSE)

$41.48 USD

41.48
2,608,921

+0.29 (0.70%)

Updated Apr 23, 2024 04:00 PM ET

After-Market: $41.48 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 13% (34 out of 252)

Industry: Oil and Gas - Production and Pipelines

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Better trading starts here.

Balance Sheet

Research for MPLX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for MPLX LP falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,048 238 13 15 15
Receivables 823 737 654 452 593
Notes Receivable 0 0 0 0 0
Inventories 159 148 142 118 110
Other Current Assets 778 782 698 930 766
Total Current Assets 2,808 1,905 1,507 1,515 1,484
Net Property & Equipment 19,264 18,848 20,042 21,218 22,145
Investments & Advances 3,743 4,095 3,981 4,036 5,275
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 8,299 8,350 8,488 8,616 10,806
Deposits & Other Assets 2,151 2,184 1,221 720 355
Total Assets 36,529 35,665 35,507 36,414 40,430
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 153 224 172 152 242
Current Portion Long-Term Debt 1,135 988 499 764 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 758 634 662 500 680
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 533 509 1,956 607 1,144
Total Current Liabilities 2,624 2,401 3,348 2,086 2,132
Mortgages 0 0 0 0 0
Deferred Taxes/Income 363 232 393 326 229
Convertible Debt 0 0 0 0 0
Long-Term Debt 19,296 18,808 18,072 19,375 19,704
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 451 480 472 398 482
Minority Interest (Liabilities) 895 968 965 968 968
Total Liabilities 23,840 23,119 23,455 23,397 23,817
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 611 611 611 611
Common Stock (Par) 12,458 11,706 11,217 12,176 15,768
Capital Surplus 0 0 0 0 0
Retained Earnings 0 0 0 0 0
Other Equity 231 229 224 230 234
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 12,689 12,546 12,052 13,017 16,613
Total Liabilities & Shareholder's Equity 36,529 35,665 35,507 36,414 40,430
Total Common Equity 12,689 11,935 11,441 12,406 16,002
Shares Outstanding 1,003.00 1,001.00 1,019.80 1,038.00 1,058.00
Book Value Per Share 12.65 11.92 11.22 11.95 15.12

Fiscal Year End for MPLX LP falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,048 960 755 393
Receivables NA 823 833 717 714
Notes Receivable NA 0 0 0 0
Inventories NA 159 154 146 141
Other Current Assets NA 778 789 703 764
Total Current Assets NA 2,808 2,736 2,321 2,012
Net Property & Equipment NA 19,264 18,620 18,692 18,758
Investments & Advances NA 3,743 4,099 4,124 4,144
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 8,299 8,254 8,286 8,318
Deposits & Other Assets NA 2,151 2,140 2,169 2,166
Total Assets NA 36,529 36,120 35,873 35,672
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 153 132 128 139
Current Portion Long-Term Debt NA 1,135 1 1 1
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 758 659 637 616
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 533 559 501 511
Total Current Liabilities NA 2,624 1,399 1,316 1,312
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 363 307 281 246
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 19,296 20,417 20,405 20,393
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 462 454 452
Minority Interest (Liabilities) NA 895 970 968 968
Total Liabilities NA 23,840 23,774 23,652 23,592
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 12,458 12,114 11,988 11,847
Capital Surplus NA 0 0 0 0
Retained Earnings NA 0 0 0 0
Other Equity NA 231 232 233 233
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 12,689 12,346 12,221 12,080
Total Liabilities & Shareholder's Equity NA 36,529 36,120 35,873 35,672
Total Common Equity 0 12,689 12,346 12,221 12,080
Shares Outstanding 1,010.70 1,003.00 1,001.20 1,001.20 1,001.10
Book Value Per Share 0.00 12.65 12.33 12.21 12.07