Q3 Earnings Forecast for Mplx Issued By US Capital Advisors

Mplx Lp (NYSE:MPLX) – Equities researchers at US Capital Advisors lowered their Q3 2026 earnings per share estimates for Mplx in a research report issued on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $1.02 per share for the quarter, down from their prior estimate of $1.03. The consensus estimate for Mplx’s current full-year earnings is $4.25 per share. US Capital Advisors also issued estimates for Mplx’s Q3 2027 earnings at $1.09 EPS, FY2027 earnings at $4.22 EPS and FY2028 earnings at $4.45 EPS.

Other equities analysts also recently issued research reports about the stock. Morgan Stanley dropped their price objective on shares of Mplx from $66.00 to $64.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 13th. JPMorgan Chase & Co. started coverage on shares of Mplx in a research report on Tuesday, October 20th. They issued a “neutral” rating and a $62.00 price target on the stock. Wells Fargo & Company lifted their price target on shares of Mplx from $61.00 to $63.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Wolfe Research downgraded shares of Mplx from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, July 29th. Finally, Barclays upped their price objective on Mplx from $59.00 to $63.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.80.

Mplx Stock Down 0.9%

NYSE MPLX opened at $58.09 on Wednesday. Mplx has a 52 week low of $50.22 and a 52 week high of $60.95. The firm has a market capitalization of $58.90 billion, a P/E ratio of 12.49 and a beta of 0.49. The company has a 50-day moving average price of $58.34 and a 200-day moving average price of $57.13.

Mplx (NYSE:MPLX) last announced its earnings results on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.06. The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.14 billion. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 earnings per share.

Institutional Investors Weigh In On Mplx

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BOKF NA lifted its holdings in Mplx by 148.0% in the 3rd quarter. BOKF NA now owns 25,155 shares of the pipeline company’s stock worth $1,417,000 after purchasing an additional 15,012 shares in the last quarter. MADDEN SECURITIES Corp purchased a new stake in Mplx during the 3rd quarter valued at approximately $130,000. Latitude Advisors LLC bought a new stake in shares of Mplx during the third quarter valued at approximately $128,000. Oppenheimer & Co. Inc. raised its position in shares of Mplx by 153.4% during the third quarter. Oppenheimer & Co. Inc. now owns 61,864 shares of the pipeline company’s stock valued at $3,484,000 after buying an additional 37,455 shares during the last quarter. Finally, Verdence Capital Advisors LLC lifted its holdings in shares of Mplx by 161.6% in the third quarter. Verdence Capital Advisors LLC now owns 13,628 shares of the pipeline company’s stock worth $768,000 after buying an additional 8,419 shares in the last quarter. 24.25% of the stock is owned by hedge funds and other institutional investors.

Mplx Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, November 6th will be given a dividend of $1.2111 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Friday, November 6th. This is an increase from Mplx’s previous quarterly dividend of $1.0765. Mplx’s payout ratio is presently 92.47%.

Mplx News Summary

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: Quarterly distribution increased 12.5%: MPLX declared a distribution of $1.2111 per common unit for the third quarter, up from $1.0765 previously. The payment is scheduled for November 13 for unitholders of record on November 6, representing $4.84 on an annualized basis and an indicated yield of approximately 8.3%. The increase reinforces MPLX’s appeal to income-oriented investors. MPLX LP Increases Quarterly Distribution
• Neutral Sentiment: Analyst target remains above the current share price: Brokerages reportedly have a consensus target price of $63.80. With MPLX recently opening near $58, the target suggests potential upside, although the report does not identify a new rating or target-price change. MPLX Stock Has Consensus Target Price of $63.80
• Negative Sentiment: US Capital Advisors lowered multiple EPS forecasts: The firm reduced its Q3 2026 estimate to $1.02 from $1.03, Q3 2027 to $1.09 from $1.10, FY2027 to $4.22 from $4.24, and FY2028 to $4.45 from $4.56. The revisions indicate somewhat softer expected earnings growth, although the FY2027 estimate remains close to the broader $4.25 full-year consensus cited in the reports.

About Mplx

MPLX LP (NYSE:MPLX) is a master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides services for the gathering, processing, transportation, storage and marketing of crude oil, natural gas and natural gas liquids (NGLs).

MPLX’s assets include crude oil and refined-products pipelines, natural gas gathering and processing systems, NGL fractionation facilities, storage terminals and marine transportation infrastructure. Through its logistics and storage operations, the company supports the movement of hydrocarbons from producing regions to refineries, export facilities and other domestic markets.

The company serves several major U.S.