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How to buy MPLX (MPLX) stocks in Canada
Learn how to easily invest in MPLX stocks.
MPLX is an oil & gas midstream business based in the US. MPLX stocks (MPLX.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $29.05 – an increase of 3.01% over the previous week. MPLX employs 0 staff and has a trailing 12-month revenue of around $9.2 billion.
How to buy shares in MPLX
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – MPLX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
MPLX stock price (NYSE:MPLX)Use our graph to track the performance of MPLX stocks over time.
MPLX shares at a glance
|Latest market close||$32.13|
|52-week range||$19.23 - $32.22|
|50-day moving average||$29.97|
|200-day moving average||$29.10|
|Wall St. target price||$35.31|
|Dividend yield||$2.768 (9.04%)|
|Earnings per share (TTM)||$2.71|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
MPLX price performance over time
|1 week (2022-01-20)||1.45%|
|1 month (2021-12-27)||9.55%|
|3 months (2021-10-26)||3.98%|
|6 months (2021-07-28)||13.01%|
|1 year (2021-01-28)||37.96%|
|2 years (2020-01-28)||33.37%|
|3 years (2019-01-28)||34|
|5 years (2017-01-27)||38.37|
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 0.9793. 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 (earnings before interest, taxes, depreciation and amortisation) is $5 billion.
The EBITDA is a measure of a MPLX's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$9.2 billion|
|Operating margin TTM||38.92%|
|Gross profit TTM||$5.2 billion|
|Return on assets TTM||6.21%|
|Return on equity TTM||21.44%|
|Market capitalisation||$31.8 billion|
TTM: trailing 12 months
MPLX share dividends
Dividend payout ratio: 122.16% of net profits
Recently MPLX has paid out, on average, around 122.16% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.04% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MPLX shareholders could enjoy a 9.04% return on their shares, in the form of dividend payments. In MPLX's case, that would currently equate to about $2.768 per share.
MPLX's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
MPLX's most recent dividend payout was on 18 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 9 November 2021 (the "ex-dividend date").
MPLX share price volatility
Over the last 12 months, MPLX's shares have ranged in value from as little as $19.2323 up to $32.22. A popular way to gauge a stock's volatility is its "beta".
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 1.812. 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 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; and sale of residue gas and condensate. Its pipeline network located throughout the United States and Alaska; storage caverns consist of butane, propane, and liquefied petroleum gas storage with locations in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico; and marine business owns and operates boats and barges, including 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. In addition, 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. Further, the company operates terminal facilities for the receipt, storage, blending, adultization, handling, and redelivery of refined petroleum products located throughout the continental United States and Alaska.
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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