MPLX LP (NYSE: MPLX) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

MPLX LP is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Midstream industry. The current market capitalization of MPLX LP is $53.81B. A total of 1.19 million shares were traded on the day, compared to an average of 1.55M shares.

In the most recent transaction, HAGEDORN CARL KRISTOPHER sold 4,000 shares of MPLX for 47.24 per share on Nov 18 ’24. After the transaction, the Exec VP & Chief Fin Ofc now owns 14,750 company shares. In a previous transaction on Nov 18 ’24, HAGEDORN CARL KRISTOPHER bought 4,000 shares at 47.24 per share.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. MPLX LP pays an annual dividend of $3.51, resulting in a dividend yield of 6.79%, and it has a price to earnings (P/E) ratio of 12.16. MPLX’s most recent ex-dividend date was 11/8/2024 when it declared a $0.9565 quarterly dividend that was paid in cash on 11/15/2024. Previously, the company paid the dividend on 8/16/2024 with an ex-dividend date of 8/9/2024. The MPLX stock dividend was $0.85 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, MPLX has a high of $50.73 and a low of $35.51.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MPLX’s latest balance sheet shows that the firm has $13.00M in Cash & Short Term Investments as of fiscal 2021. There were $19.06B in debt and $3.35B in liabilities at the time. Its Book Value Per Share was $13.29, while its Total Shareholder’s Equity was $13.02B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MPLX is Buy with a score of 4.31.

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