MPLX LP - Unit

MPLX LP - Unit

MPLX

Market Cap$51.71B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
MPLX LP - UnitMPLX LP - Unit11.97.14%32%4.9-

Earnings Call Q4 2024

February 4, 2025 - AI Summary

Strong Financial Performance: MPLX reported a full-year adjusted EBITDA of $6.8 billion for 2024, an 8% increase year-over-year, driven by strong operational performance in both Crude Oil and Products Logistics and Natural Gas and NGL Services segments. The company maintained a strong distribution coverage of 1.5x.
Increased Capital Expenditure for Growth: MPLX plans a capital expenditure outlook of $2 billion for 2025, with 85% targeted towards its Natural Gas and NGL Services. This reflects the company's strategy to generate mid-teens returns and sustain mid-single-digit adjusted EBITDA growth over multi-year periods.
Robust Distribution Growth: The company raised its quarterly distribution by 12.5% in November 2024, marking the third consecutive year of distribution increases of 10% or more. MPLX expects to continue this trend, supported by strong cash flows and financial flexibility.

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$89.18

Current Fair Value

81.2% upside

Undervalued by 81.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$51.71 Billion
Enterprise Value$50.19 Billion
Dividend Yield$3.83 (7.14455210599169%)
Earnings per Share$4.21
Beta1.06
Outstanding Shares1,020,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio11.92
PEG84.83
Price to Sales4.92
Price to Book Ratio3.79
Enterprise Value to Revenue4.52
Enterprise Value to EBIT10.89
Enterprise Value to Net Income11
Total Debt to Enterprise0
Debt to Equity0

Revenue Sources

No data

Insider Trades

ESG Score

No data

About MPLX LP

CEO: Michael Hennigan