MPLX LP

MPLX LPverified

MPLX

Price:

$40.81

Market Cap:

$41.47B

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, an...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2012-10-26

Stock Exchange

NYSE

Ticker

MPLX

The PE Ratio as of June 2024 (TTM) for MPLX LP (MPLX) is 10.55

According to MPLX LP’s latest financial reports and current stock price. The company's current PE Ratio is 10.55. This represents a change of 13.22% compared to the average of 9.32 of the last 4 quarters.

MPLX LP (MPLX) Historical PE Ratio (quarterly & annually)

How has MPLX PE Ratio performed in the past?

The mean historical PE Ratio of MPLX LP over the last ten years is 16.52. The current 10.55 PE Ratio has changed 6.29% with respect to the historical average. Over the past ten years (40 quarters), MPLX's PE Ratio was at its highest in in the June 2016 quarter at 144.82. The PE Ratio was at its lowest in in the March 2016 quarter at -37.11.

Quarterly (TTM)
Annual

Average

16.52

Median

14.94

Minimum

-33.12

Maximum

49.18

MPLX LP (MPLX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of MPLX LP PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 101.11%

Maximum Annual PE Ratio = 49.18

Minimum Annual Increase = -248.33%

Minimum Annual PE Ratio = -33.12

Quarterly (TTM)
Annual
YearPE RatioChange
20239.3611.27%
20228.41-14.85%
20219.88-129.82%
2020-33.12-248.33%
201922.3376.06%
201812.68-26.26%
201717.20-65.03%
201649.18101.11%
201524.46-45.45%
201444.835.96%

MPLX LP (MPLX) Average PE Ratio

How has MPLX PE Ratio performed in the past?

The current PE Ratio of MPLX LP (MPLX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

9.21

5-year avg

3.37

10-year avg

16.52

MPLX LP (MPLX) PE Ratio vs. Peers

How is MPLX’s PE Ratio compared to its peers?

MPLX LP’s PE Ratio is less than ONEOK, Inc. (20.80), less than Enterprise Products Partners L.P. (10.97), less than Energy Transfer LP (13.22), less than Plains All American Pipeline, L.P. (11.67), less than Magellan Midstream Partners, L.P. (13.61), less than Kinder Morgan, Inc. (17.83), less than Enbridge Inc. (16.51), less than Holly Energy Partners, L.P. (10.81), less than NuStar Energy L.P. (13.46), greater than Western Midstream Partners, LP (10.39), less than Hess Midstream LP (18.80), less than Antero Midstream Corporation (17.90),

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