MPLX LP (MPLX) EPS Estimated At $0.26

October 13, 2017 - By Louis Casey

 MPLX LP (MPLX) EPS Estimated At $0.26
Investors sentiment decreased to 1.26 in Q2 2017. Its down 0.21, from 1.47 in 2017Q1. It turned 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.
Pro holds 0.02% of its portfolio in MPLX LP (NYSE:MPLX) for 1,090 shares. Segall Bryant Hamill Ltd Liability Company has 0.04% invested in MPLX LP (NYSE:MPLX) for 46,864 shares. Cibc Asset Mngmt reported 9,466 shares or 0% of all its holdings. Cv Starr owns 196,200 shares or 2.82% of their US portfolio. State Street accumulated 32,253 shares. Pnc Svcs Group Inc has 0.01% invested in MPLX LP (NYSE:MPLX). Carroll Associates Inc reported 394 shares stake. The New York-based Joel Isaacson Ltd Limited Liability Company has invested 0.06% in MPLX LP (NYSE:MPLX). Hirtle Callaghan Lc stated it has 3,851 shares. Diversified Tru has 64,028 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys stated it has 1.95% of its portfolio in MPLX LP (NYSE:MPLX). Conning holds 0.24% or 197,102 shares. Bessemer Gru Incorporated holds 0% or 14,355 shares. Travelers holds 468,782 shares. Mariner Wealth Ltd Liability holds 577,384 shares.

Since June 12, 2017, it had 1 insider buy, and 0 selling transactions for $299,371 activity.

Analysts await MPLX LP (NYSE:MPLX) to report earnings on October, 26. They expect $0.26 earnings per share, 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 earnings per share 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. The rating was maintained by Mizuho with “Neutral” on Friday, October 28. The stock of MPLX LP (NYSE:MPLX) has “Sector Outperform” rating given on Tuesday, December 15 by Howard Weil. The rating was upgraded by Jefferies on Monday, October 31 to “Buy”. The stock has “Buy” rating by Citigroup on Tuesday, April 19. The firm has “Buy” rating given on Monday, November 30 by Ladenburg Thalmann. Raymond James initiated the shares of MPLX in report on Thursday, April 21 with “Market Perform” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, October 5. The firm has “Buy” rating by Deutsche Bank given on Tuesday, March 15. The rating was maintained by Barclays Capital with “Overweight” on Monday, November 2. Jefferies initiated the stock with “Hold” rating in Tuesday, August 23 report.

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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