In the latest close session, MPLX LP (MPLX) was up +1.39% at $51.84. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. Elsewhere, the Dow gained 1.19%, while the tech-heavy Nasdaq added 1.43%.
Shares of the company witnessed a gain of 1.03% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 5.39%, and the S&P 500's gain of 3.92%.
Investors will be eagerly watching for the performance of MPLX LP in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 5, 2025. On that day, MPLX LP is projected to report earnings of $1.08 per share, which would represent a year-over-year decline of 6.09%. Alongside, our most recent consensus estimate is anticipating revenue of $3.24 billion, indicating a 6.25% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.42 per share and a revenue of $13.15 billion, representing changes of +4.99% and +10.17%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for MPLX LP. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, MPLX LP is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, MPLX LP is holding a Forward P/E ratio of 11.57. This represents a discount compared to its industry average Forward P/E of 16.89.
Also, we should mention that MPLX has a PEG ratio of 1.6. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MPLX's industry had an average PEG ratio of 2.55 as of yesterday's close.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 60, putting it in the top 25% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
MPLX LP (MPLX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
