Make Sure You Stick With MPLX LP (MPLX). It’s Bull Time Again

After Hours

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.

Stocks Info

MPLX LP is listed on the NYSE in the Energy sector while operating in the Oil & Gas Midstream industry. The current market capitalization of MPLX LP is $53.63B. A total of 2.4 million shares were traded on the day, compared to an average of 1.84M 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

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. MPLX LP pays an annual dividend of $3.51, resulting in a dividend yield of 6.66%, and it has a price to earnings (P/E) ratio of 12.40. MPLX’s most recent ex-dividend date was 8.6% when it declared a $0.9565 quarterly dividend that was paid in cash on 11/8/2024. Previously, the company paid the dividend on 8/9/2024 with an ex-dividend date of 7.9%. The MPLX stock dividend was $0.85 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, MPLX has a high of $51.94 and a low of $36.79.

As of this writing, MPLX has an earnings estimate of $1.05 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of $1.05 per share and a lower estimate of $1.05.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in 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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