News coverage about Mplx (NYSE:MPLX) has trended somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mplx earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the pipeline company an impact score of 46.99385997053 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Energy Sector Update for 06/22/2018: APC,APU,HFC,MPLX,IMO,IMO.TO,CRZO,PBR (nasdaq.com)
- View Northeast E&Ps Through Holistic Lense, Says Analyst (naturalgasintel.com)
- Be Ready for Active Stock: MPLX LP (MPLX) (bitcoinpriceupdate.review)
- MPLX LP (MPLX) is generating Dividend Yield of 7.13% (nasdaqchronicle.com)
- Stock on the Move – MPLX LP (MPLX) (stockmarketstop.com)
Shares of Mplx opened at $35.18 on Friday, according to MarketBeat Ratings. Mplx has a 12-month low of $30.88 and a 12-month high of $39.38. The firm has a market cap of $27.79 billion, a P/E ratio of 33.19, a PEG ratio of 2.57 and a beta of 1.27. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.70.
Mplx (NYSE:MPLX) last announced its quarterly earnings data on Monday, April 30th. The pipeline company reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.19. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Mplx had a return on equity of 10.43% and a net margin of 21.88%. The firm’s revenue for the quarter was up 60.3% on a year-over-year basis. During the same period last year, the business posted $0.19 earnings per share. analysts predict that Mplx will post 2.27 EPS for the current fiscal year.
A number of analysts have recently weighed in on MPLX shares. Zacks Investment Research raised shares of Mplx from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a research report on Wednesday, March 28th. Mizuho set a $41.00 price target on shares of Mplx and gave the stock a “buy” rating in a research report on Wednesday, April 11th. Citigroup reduced their price objective on Mplx from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Tuesday, April 10th. Guggenheim upgraded Mplx from a “neutral” rating to a “buy” rating and set a $40.00 price objective on the stock in a research note on Monday, April 16th. Finally, Deutsche Bank initiated coverage on Mplx in a research note on Thursday, April 19th. They set a “buy” rating and a $40.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $41.00.
Mplx Company Profile
MPLX LP owns, operates, develops, and acquires midstream energy infrastructure assets. It operates in two segments, Logistics and Storage, and Gathering and Processing segments. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids (NGLs); and gathering, transportation, and storage of crude oil and refined petroleum products.
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