MPLX LP (MPLX) – A Trader’s Perspective

    Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of MPLX LP (MPLX) was $32.37. Currently, the 1st Resistance Point for this stock is $32.54, with a 2nd Resistance Point sitting at $32.71. Meanwhile, this company’s stock has a 1st Support Level at $32.17 and a 2nd Support Level at $31.98. MPLX LP (MPLX) stock has gained $0.12, or 0.37%, in the past five days. In the last full month, these shares have gained $1.02, or 3.25%. In the past three months, this stock’s price has fallen by -$0.33, or -1.01%. This year-to-date, MPLX LP (MPLX) shares have gained $2.07, or 6.83%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For MPLX LP (MPLX) stock, 60% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”

    With 794,349 K shares outstanding, this company currently has a market capitalization of $25,713,076K. MPLX LP (MPLX) generates $6,425 M in annual sales, amounting to annual net income of $1,818 M. This stock has generated a 1-Year Total Return of -3.83%, a 3-Year Total Return of -2.85%, and a 5-year Total Return of -46.93%. This stock’s 5-Year Dividend Growth is 141.75%, with its most recent dividend valued at $0.658 per share on 05/08/19. Its Annual Dividend Yield is 8.12%, and its Annual Dividend Rate is 2.63.

    In the most recently-reported fiscal quarter, which ended in Mar-19, MPLX LP (MPLX) reported earnings of $0.61 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.59 per share, representing a 0.02 difference and 3.44% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.58 represented a -0.08 difference from the consensus estimate calling for $0.66 per share, which was a 11.71% surprise.

    For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.60 per share. This estimate came from a total of 5 Wall Street Analysts. Of those market experts, the high estimate was $0.66 and the low estimate was $0.56. In the year-ago quarter, MPLX LP (MPLX) generated per-share earnings of $0.55. If the analysts are correct about the current quarter’s earnings, the growth will be +9.09% .

    Turning our focus now to insider trading activity, there have been 14 purchases (8,077 shares in total) and 1 sale (6,831 shares in total) in the last 3 months. In the last 6 months, there have been 43 insider buys amounting to 152,809 shares and 25 insider sales amounting to 48,042 shares. In the past full year, 73 insider purchases were made (involving 171,953 shares) and 31 insider sell-offs equivalent to 88,297 shares.

    Moving onto liquidity, MPLX LP (MPLX) has a Current Ratio of 0.76, a Quick Ratio of 0.69 and a Cash Ratio of 0.06. Looking at this company’s capital structure, its Total Debt to Total Equity is 173.65, its Total Debt to Total Capital is 63.46, and its Total Debt to Total Assets is now 58.79. Looking even further ahead into the future, its Long-Term Debt to Equity is 199.64 and its Long-Term Debt to Total Capital is 63.46.