MPLX LP (MPLX) EPS Estimated At $0.26

October 13, 2017 - By Ellis Scott

 MPLX LP (MPLX) EPS Estimated At $0.26
Investors sentiment decreased to 1.26 in 2017 Q2. Its down 0.21, from 1.47 in 2017Q1. It is negative, as 26 investors sold MPLX LP shares while 69 reduced holdings. 21 funds opened positions while 99 raised stakes. 248.36 million shares or 4.76% more from 237.08 million shares in 2017Q1 were reported.
Salient Capital Advisors Ltd Liability Corp invested in 4.55 million shares. 18.33 million were accumulated by Morgan Stanley. Captrust Advsr reported 0% in MPLX LP (NYSE:MPLX). Ing Groep Nv holds 1.52% of its portfolio in MPLX LP (NYSE:MPLX) for 2.38M shares. Advisory Svcs Ltd Liability reported 9,363 shares or 0.04% of all its holdings. Evergreen Capital Mngmt Ltd Limited Liability Company reported 0.65% in MPLX LP (NYSE:MPLX). Financial Mngmt Professionals invested in 0.02% or 1,090 shares. Connecticut-based Wexford Limited Partnership has invested 0.81% in MPLX LP (NYSE:MPLX). Commonwealth Equity holds 0% or 18,342 shares in its portfolio. Heritage Wealth Advisors holds 48,334 shares or 0.84% of its portfolio. Metropolitan Life Ins Com reported 0.1% in MPLX LP (NYSE:MPLX). Heronetta Mngmt Lp has invested 4.56% of its portfolio in MPLX LP (NYSE:MPLX). Vantage Inv Advisors Ltd Liability Co reported 1,000 shares or 0.01% of all its holdings. Incline Ltd Liability Co accumulated 70,413 shares. Spirit Of America Mgmt Corporation has 682,079 shares.

Since June 12, 2017, it had 1 buying transaction, and 0 sales for $299,371 activity.

Analysts await MPLX LP (NYSE:MPLX) to report earnings on October, 26. They expect $0.26 EPS, up 23.81 % or $0.05 from last year’s $0.21 per share. MPLX’s profit will be $102.79 million for 33.39 P/E if the $0.26 EPS becomes a reality. After $0.26 actual EPS reported by MPLX LP for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock decreased 0.40% or $0.14 during the last trading session, reaching $34.73. About 464,799 shares traded. MPLX LP (NYSE:MPLX) has risen 11.48% since October 13, 2016 and is uptrending. It has underperformed by 5.22% the S&P500.

MPLX LP (NYSE:MPLX) Ratings Coverage

Among 19 analysts covering MPLX LP (NYSE:MPLX), 17 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. MPLX LP had 45 analyst reports since October 20, 2015 according to SRatingsIntel. Mizuho maintained it with “Neutral” rating and $37 target in Friday, October 28 report. Jefferies initiated the stock with “Hold” rating in Tuesday, August 23 report. The firm earned “Mkt Perform” rating on Friday, September 9 by FBR Capital. The stock of MPLX LP (NYSE:MPLX) has “Buy” rating given on Tuesday, May 3 by Ladenburg Thalmann. Mizuho initiated it with “Neutral” rating and $35 target in Friday, September 30 report. Stifel Nicolaus maintained the shares of MPLX in report on Thursday, July 6 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, October 5. Citigroup maintained the shares of MPLX in report on Tuesday, April 19 with “Buy” rating. The firm has “Sector Outperform” rating by Howard Weil given on Thursday, February 4. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 4.

MPLX LP is a master limited partnership formed by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy infrastructure assets. The company has market cap of $13.73 billion. The Firm is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids (NGLs), and the gathering, transportation and storage of crude oil and refined petroleum products. It has a 41.72 P/E ratio. The Company’s divisions are Logistics and Storage (L&S), and Gathering and Processing (G&P).

More news for MPLX LP (NYSE:MPLX) were recently published by: Nasdaq.com, which released: “MPLX Named Top Dividend Stock With Insider Buying and 6.45% Yield (MPLX)” on October 12, 2017. Seekingalpha.com‘s article titled: “Marcellus And Utica Boom Music To MPLX LP’s Ears” and published on September 19, 2017 is yet another important article.

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