Analysts Set Expectations for Mplx’s Q2 Earnings (NYSE:MPLX)

Posted by on Jun 3rd, 2026

Mplx Lp (NYSE:MPLX – Free Report) – US Capital Advisors raised their Q2 2026 earnings per share estimates for Mplx in a report released on Friday, May 29th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $1.01 per share for the quarter, up from their prior estimate of $1.00. The consensus estimate for Mplx’s current full-year earnings is $4.22 per share. US Capital Advisors also issued estimates for Mplx’s Q4 2026 earnings at $1.04 EPS.

Mplx (NYSE:MPLX – Get Free Report) last released its earnings results on Tuesday, May 5th. The pipeline company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.15). Mplx had a return on equity of 32.74% and a net margin of 36.38%.The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same period in the prior year, the company posted $1.10 earnings per share. The company’s revenue was down 2.8% on a year-over-year basis.

MPLX has been the subject of a number of other reports. Wells Fargo & Company reduced their price objective on shares of Mplx from $63.00 to $61.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Truist Financial cut their price target on shares of Mplx from $67.00 to $66.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Citigroup raised their price target on shares of Mplx from $54.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Wall Street Zen lowered shares of Mplx from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Finally, Morgan Stanley cut their target price on Mplx from $62.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $61.60.

Read Our Latest Analysis on MPLX

Mplx Stock Performance

Shares of Mplx stock opened at $55.59 on Wednesday. The stock has a market cap of $56.41 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 5.28 and a beta of 0.48. The firm’s 50-day moving average is $55.95 and its 200 day moving average is $55.64. Mplx has a 1 year low of $47.80 and a 1 year high of $59.98. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.10 and a quick ratio of 1.05.

Mplx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 8th were given a dividend of $1.0765 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $4.31 annualized dividend and a dividend yield of 7.7%. Mplx’s dividend payout ratio is presently 93.07%.

Institutional Investors Weigh In On Mplx

A number of hedge funds have recently modified their holdings of the business. Belfer Management LLC raised its holdings in Mplx by 2.4% in the 4th quarter. Belfer Management LLC now owns 7,849 shares of the pipeline company’s stock worth $419,000 after purchasing an additional 181 shares during the period. Trueblood Wealth Management LLC grew its holdings in Mplx by 1.9% during the fourth quarter. Trueblood Wealth Management LLC now owns 9,736 shares of the pipeline company’s stock valued at $520,000 after purchasing an additional 186 shares during the period. Wealthstar Advisors LLC increased its position in Mplx by 1.5% in the fourth quarter. Wealthstar Advisors LLC now owns 12,598 shares of the pipeline company’s stock worth $672,000 after buying an additional 190 shares in the last quarter. Cobblestone Capital Advisors LLC NY raised its stake in shares of Mplx by 4.0% in the third quarter. Cobblestone Capital Advisors LLC NY now owns 5,198 shares of the pipeline company’s stock worth $260,000 after buying an additional 198 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Mplx by 0.9% in the first quarter. Sei Investments Co. now owns 22,175 shares of the pipeline company’s stock worth $1,266,000 after buying an additional 201 shares during the period. Institutional investors own 24.25% of the company’s stock.

About Mplx

(Get Free Report)

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.

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Earnings History and Estimates for Mplx (NYSE:MPLX)

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