MPLX LP(MPLX) Stock Research - Grey Stern Research

MPLX LP (MPLX) Stock Analysis

$53.68 (-0.07%)

MPLX Financial Performance


Use the table below to view MPLX LP's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q4 - 2024

Metric Value Ranking among Peers
Price $53.68 -
52 Week Low $39.56 -
52 Week High $54.87 -
Market Cap $54.9 Billion 6/13
Gross Margin 100% 1/13
Profit Margin 36% 2/13
EBITDA margin 47% 5/13
Q4 - 2024 Revenue $3.1 Billion 7/13
Q4 - 2024 Earnings $1.1 Billion 3/13
Q4 - 2024 Free Cash Flow $1.7 Billion 1/13
Trailing 4 Quarters Revenue $11.9 Billion 7/13
Trailing 4 Quarters Earnings $4.4 Billion 4/13
Quarterly Earnings Growth -2% 9/13
Annual Earnings Growth 12% 9/13
Quarterly Revenue Growth 9% 6/13
Annual Revenue Growth 3% 8/13
Cash On Hand $1.5 Billion 3/13
Short Term Debt $0 11/13
Long Term Debt $0 11/13

MPLX LP Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare MPLX LP's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 12.60 9/13
PS 4.60 3/13
PB 3.98 5/13
PC 36.13 10/13
Liabilities to Equity 1.72 6/13
ROA 0.12 2/13
ROE 0.32 2/13
Current Ratio 1.58 5/13
Quick Ratio 0.06 2/13
Long Term Debt to Equity 0.00 8/13
Debt to Equity 0.00 10/13
Burn Rate -1.37 9/13
Cash to Cap 0.03 2/13
CCR 1.51 6/13
EV to EBITDA 37.11 9/13
EV to Revenue 4.47 7/13

Company Details

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

CEO: Mr. Michael Hennigan

Website: https://www.mplx.com

Address: 200 E Hardin St Findlay, OHIO

Exchange: New York Stock Exchange

Industry: Oil & Gas Midstream

MPLX LP Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to MPLX LP. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Kinder Morgan, Inc. KMI $62.7 Billion
ONEOK, Inc. OKE $61.6 Billion
Plains All American Pipeline, L.P. PAA $14.1 Billion
Enterprise Products Partners L.P. EPD $73.5 Billion
Enbridge Inc. ENB $96.7 Billion
Magellan Midstream Partners, L.P. MMP $13.9 Billion
Western Midstream Partners, LP WES $15.7 Billion
NuStar Energy L.P. NS $2.8 Billion
Antero Midstream Corporation AM $8.6 Billion
Holly Energy Partners, L.P. HEP $2.6 Billion
Hess Midstream LP HESM $9.7 Billion
Energy Transfer LP ET $64.8 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
MPLX Income Statements
Quarter Year Revenue Earnings
Q4 2024 $ 3.1 Billion $1.1 Billion
Q3 2024 $ 3.0 Billion $1.0 Billion
Q2 2024 $ 3.1 Billion $1.2 Billion
Q1 2024 $ 2.8 Billion $1.0 Billion
Q4 2023 $ 2.8 Billion $1.1 Billion
Q3 2023 $ 2.9 Billion $918.0 Million
Q2 2023 $ 2.5 Billion $933.0 Million
Q1 2023 $ 2.5 Billion $943.0 Million

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MPLX Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 $1.5 Billion $37.5 Billion $0 $13.8 Billion
Q3 2024 $2.4 Billion $38.5 Billion $22.4 Billion $14.0 Billion
Q2 2024 $2.5 Billion $38.4 Billion $22.3 Billion $13.9 Billion
Q1 2024 $385.0 Million $36.5 Billion $20.7 Billion $13.3 Billion
Q4 2023 $1.0 Billion $36.5 Billion $20.4 Billion $13.6 Billion
Q3 2023 $960.0 Million $36.1 Billion $20.7 Billion $12.6 Billion
Q2 2023 $755.0 Million $35.9 Billion $0 $12.2 Billion
Q1 2023 $393.0 Million $35.7 Billion $20.4 Billion $12.1 Billion

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MPLX Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q4 2024 $1.7 Billion $0 $0
Q3 2024 $1.1 Billion -$280.0 Million -$1.6 Billion
Q2 2024 $1.6 Billion $0 $1.5 Billion
Q1 2024 $1.0 Billion -$255.0 Million -$663.0 Million
Q4 2023 $1.5 Billion $0 $88.0 Million
Q3 2023 $1.2 Billion $0 $1.0 Billion
Q2 2023 $1.4 Billion $0 $362.0 Million
Q1 2023 $1.1 Billion -$169.0 Million $155.0 Million

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