In the latest close session, MPLX LP (MPLX) was up +1.98% at $50.59. The stock outperformed the S&P 500, which registered a daily loss of 0.53%. Meanwhile, the Dow experienced a drop of 0.71%, and the technology-dominated Nasdaq saw a decrease of 0.93%.
The company's shares have seen a decrease of 1.04% over the last month, surpassing the Oils-Energy sector's loss of 1.42% and falling behind the S&P 500's gain of 1.13%.
Analysts and investors alike will be keeping a close eye on the performance of MPLX LP in its upcoming earnings disclosure. The company's earnings report is set to go public on November 4, 2025. On that day, MPLX LP is projected to report earnings of $1.1 per share, which would represent year-over-year growth of 8.91%. In the meantime, our current consensus estimate forecasts the revenue to be $3.29 billion, indicating a 10.57% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.38 per share and a revenue of $12.73 billion, indicating changes of +4.04% and +6.64%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for MPLX LP. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.06% fall in the Zacks Consensus EPS estimate. MPLX LP presently features a Zacks Rank of #4 (Sell).
In terms of valuation, MPLX LP is currently trading at a Forward P/E ratio of 11.34. This signifies a discount in comparison to the average Forward P/E of 15.65 for its industry.
Meanwhile, MPLX's PEG ratio is currently 1.35. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Oil and Gas - Production and Pipelines industry had an average PEG ratio of 2.18 as trading concluded yesterday.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 153, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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MPLX LP (MPLX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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