MPLX LP (MPLX) closed the most recent trading day at $56.58, moving +1.09% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.06%. Meanwhile, the Dow lost 0.17%, and the Nasdaq, a tech-heavy index, lost 0.06%.
The company's shares have seen an increase of 5.19% over the last month, surpassing the Oils-Energy sector's gain of 4.06% and the S&P 500's gain of 1.99%.
The upcoming earnings release of MPLX LP will be of great interest to investors. The company's earnings report is expected on February 3, 2026. The company is forecasted to report an EPS of $1.1, showcasing a 2.8% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $3.4 billion, showing a 10.97% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.74 per share and a revenue of $13.15 billion, representing changes of +12.59% and 0%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for MPLX LP. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.05% higher. Right now, MPLX LP possesses a Zacks Rank of #3 (Hold).
Looking at valuation, MPLX LP is presently trading at a Forward P/E ratio of 12.71. This denotes a discount relative to the industry average Forward P/E of 16.12.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 57, putting it in the top 24% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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MPLX LP (MPLX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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