MPLX LP (MPLX) Rises As Market Takes a Dip: Key Facts

Company Performance - MPLX LP's stock closed at $50.22, reflecting a +0.18% change, outperforming the S&P 500's daily loss of 2.24% [1] - Over the past month, MPLX shares have decreased by 7.93%, which is better than the Oils-Energy sector's decline of 10.3% and worse than the S&P 500's loss of 4.17% [1] Upcoming Earnings - The earnings report for MPLX LP is scheduled for May 6, 2025, with projected earnings per share (EPS) of$ 1.07, representing a 9.18% increase year-over-year [2] - Revenue is anticipated to be $3.18 billion, indicating an 11.79% increase from the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at$ 4.39 per share and revenue at $13.09 billion, reflecting increases of +4.28% and +9.66% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for MPLX LP suggest a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Consensus EPS estimate has seen a 1.66% decrease over the last 30 days, and MPLX currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - MPLX LP has a Forward P/E ratio of 11.43, which is lower than the industry's average Forward P/E of 15.88 [7] - The company has a PEG ratio of 1.58, compared to the industry's average PEG ratio of 2.73 [7] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, ranks in the bottom 36% of all industries according to the Zacks Industry Rank [8]