MPLX LP (MPLX) stock forecast for 2024. Forecast tables and graphs.







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MPLX LP (MPLX) stock forecast for 2024

Updated: April 18, 2024 (12:22)

Sector: Energy

The share price of MPLX LP (MPLX) now

What analysts predict: $43.62
52-week High/Low: $42.89 / $30.94

50/200 Day Moving Average: $40.01 / $36.79

This figure corresponds to the Average Price over the previous 50/200 days. For MPLX LP stocks, the 50-day moving average is the resistance level today.

For MPLX LP stocks, the 200-day moving average is the resistance level today.

Are you interested in MPLX LP stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the MPLX LP stock price in 2024. How much will one MPLX LP share be worth in 2024? Is it worth taking profit / loss on MPLX stock now or waiting? What are analysts' forecasts for MPLX LP stock?

We forecast MPLX LP stock performance using neural networks based on historical data on MPLX stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

MPLX LP stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for MPLX LP analysts is $43.62. Today 200 Day Moving Average is the support level (36.79 $). 50 Day Moving Average is the support level (40.01 $).




Historical and forecast chart of MPLX LP stock

The chart below shows the historical price of MPLX LP stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the MPLX stock price can be found in the table below.


MPLX LP owns and operates mid-level infrastructure and logistics assets primarily in the United States. It operates in two segments: “Logistics and storage” and “Collection and processing”. The company is engaged in the collection, processing and transportation of natural gas; collection, transportation, fractionation, exchange, storage and sale of liquefied natural gas; transportation, storage, distribution and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products such as asphalt; and sale of residual gas and condensate.

MPLX LP (MPLX) Forecast for 2024

Month Target Pes. Opt. Vol., %
May 40.25 39.43 41.03 3.89 %
Jun 41.74 40.57 42.27 4.02 %
Jul 41.60 40.14 42.58 5.75 %
Aug 41.55 40.73 42.17 3.41 %
Sep 40.23 39.34 41.11 4.31 %
Oct 41.27 40.68 42.74 4.83 %
Nov 42.70 40.94 43.68 6.29 %
Dec 42.75 41.57 43.71 4.89 %

MPLX LP information and performance

MPLX LP Address

200 E. HARDIN STREET, FINDLAY, OH, US

Market Capitalization: 40 085 156 000 $

Market capitalization of the MPLX LP is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MPLX shares in the company outstanding by the market price of one share.

EBITDA: 5 513 000 000 $

EBITDA of MPLX LP is earnings before interest, income tax and depreciation of assets.

PE Ratio: 10.44

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 12.55

Price/earnings to growth

DPS: 3.25

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0857

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.8

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.412
Quarterly Revenue Growth YOY: 0.112
Trailing PE: 10.44

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 10.04

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 5.84

Enterprise Value (EV) /Revenue

EV To EBITDA: 10.01

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1010720000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

MPLX LP price target for 2024 by month


Target values for the price of one MPLX LP share for May 2024.

The weighted average target price per MPLX LP share in May 2024 is: 40.25.
In May, the Positive dynamics for MPLX LP shares will prevail with possible monthly volatility of 3.885% volatility is expected.
Pessimistic target level: 39.43
Optimistic target level: 41.03

Target values for the price of one MPLX LP share for Jun 2024.

The weighted average target price per MPLX LP share in Jun 2024 is: 41.74.
In Jun, the Positive dynamics for MPLX LP shares will prevail with possible monthly volatility of 4.019% volatility is expected.
Pessimistic target level: 40.57
Optimistic target level: 42.27

Target values for the price of one MPLX LP share for Jul 2024.

The weighted average target price per MPLX LP share in Jul 2024 is: 41.60.
In Jul, the Negative dynamics for MPLX LP shares will prevail with possible monthly volatility of 5.749% volatility is expected.
Pessimistic target level: 40.14
Optimistic target level: 42.58

Target values for the price of one MPLX LP share for Aug 2024.

The weighted average target price per MPLX LP share in Aug 2024 is: 41.55.
In Aug, the Negative dynamics for MPLX LP shares will prevail with possible monthly volatility of 3.414% volatility is expected.
Pessimistic target level: 40.73
Optimistic target level: 42.17

Target values for the price of one MPLX LP share for Sep 2024.

The weighted average target price per MPLX LP share in Sep 2024 is: 40.23.
In Sep, the Negative dynamics for MPLX LP shares will prevail with possible monthly volatility of 4.305% volatility is expected.
Pessimistic target level: 39.34
Optimistic target level: 41.11

Target values for the price of one MPLX LP share for Oct 2024.

The weighted average target price per MPLX LP share in Oct 2024 is: 41.27.
In Oct, the Positive dynamics for MPLX LP shares will prevail with possible monthly volatility of 4.832% volatility is expected.
Pessimistic target level: 40.68
Optimistic target level: 42.74

Target values for the price of one MPLX LP share for Nov 2024.

The weighted average target price per MPLX LP share in Nov 2024 is: 42.70.
In Nov, the Positive dynamics for MPLX LP shares will prevail with possible monthly volatility of 6.290% volatility is expected.
Pessimistic target level: 40.94
Optimistic target level: 43.68

Target values for the price of one MPLX LP share for Dec 2024.

The weighted average target price per MPLX LP share in Dec 2024 is: 42.75.
In Dec, the Positive dynamics for MPLX LP shares will prevail with possible monthly volatility of 4.894% volatility is expected.
Pessimistic target level: 41.57
Optimistic target level: 43.71



MPLX LP (MPLX) stock dividend

MPLX LP last paid dividends on 02/02/2024. The next scheduled payment will be on 02/14/2024. The amount of dividends is $3.25 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.