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How to buy MPLX stock | $22.8

Own MPLX stock in just a few minutes.

Fact checked

MPLX LP is an oil & gas midstream business based in the US. MPLX shares (MPLX) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in MPLX

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for MPLX. Find the stock by name or ticker symbol: MPLX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MPLX reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$22.8, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of MPLX, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of MPLX. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

MPLX share price

Use our graph to track the performance of MPLX stocks over time.

MPLX shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$22.8
52-week rangeUSD$6.87 - USD$27.36
50-day moving average USD$16.9977
200-day moving average USD$17.5683
Wall St. target priceUSD$23.47
PE ratio 12.33
Dividend yield USD$2.75 (16.4%)
Earnings per share (TTM) USD$2.305

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy MPLX stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

MPLX price performance over time

Historical closes compared with the close of $22.8 from 2020-12-09

1 week (2021-01-11) -4.52%
1 month (2020-12-18) 0.80%
3 months (2020-10-16) 34.35%
6 months (2020-07-17) 22.71%
1 year (2020-01-17) -14.12%
2 years (2019-01-18) -33.16%
3 years (2018-01-18) 37.67
5 years (2016-01-15) 29.51

Is MPLX under- or over-valued?

Valuing MPLX stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MPLX's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MPLX's P/E ratio

MPLX's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, MPLX shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

MPLX's PEG ratio

MPLX's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0394. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MPLX's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MPLX's EBITDA

MPLX's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$4.6 billion.

The EBITDA is a measure of a MPLX's overall financial performance and is widely used to measure a its profitability.

MPLX financials

Revenue TTM USD$8.6 billion
Operating margin TTM 38.27%
Gross profit TTM USD$5 billion
Return on assets TTM 6.79%
Return on equity TTM -17.6%
Profit margin -22.9%
Book value $11.717
Market capitalisation USD$17.6 billion

TTM: trailing 12 months

Shorting MPLX shares

There are currently 17.8 million MPLX shares held short by investors – that's known as MPLX's "short interest". This figure is 3.2% up from 17.3 million last month.

There are a few different ways that this level of interest in shorting MPLX shares can be evaluated.

MPLX's "short interest ratio" (SIR)

MPLX's "short interest ratio" (SIR) is the quantity of MPLX shares currently shorted divided by the average quantity of MPLX shares traded daily (recently around 3.1 million). MPLX's SIR currently stands at 5.79. In other words for every 100,000 MPLX shares traded daily on the market, roughly 5790 shares are currently held short.

However MPLX's short interest can also be evaluated against the total number of MPLX shares, or, against the total number of tradable MPLX shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MPLX's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 MPLX shares in existence, roughly 20 shares are currently held short) or 0.0478% of the tradable shares (for every 100,000 tradable MPLX shares, roughly 48 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against MPLX.

Find out more about how you can short MPLX stock.

MPLX share dividends

We're not expecting MPLX to pay a dividend over the next 12 months.

MPLX share price volatility

Over the last 12 months, MPLX's shares have ranged in value from as little as $6.87 up to $27.36. A popular way to gauge a stock's volatility is its "beta".

MPLX.US volatility(beta: 1.93)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MPLX's is 1.925. This would suggest that MPLX's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

MPLX overview

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; 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 residue gas and condensate. Its pipeline network includes 13,000 miles of pipeline throughout the United States; storage caverns consist of butane, propane, and liquefied petroleum gas storage with a combined capacity of 4.7 million barrels located in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico, as well as marine business owns and operates 23 boats, 286 barges, and third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. Further, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Additionally, the company operates 62 terminal facilities for refined petroleum products with a combined total shell capacity of approximately 23.6 million barrels primarily located in the Midwest, Gulf Coast, and Southeast regions. MPLX GP LLC acts as the general partner of MPLX LP. The company was founded in 2012 and is headquartered in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.

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