Mplx (MPLX) News Today

Shares of Mplx Lp (NYSE:MPLX - Get Free Report) have been given a consensus recommendation of "Buy" by the nine research firms that are presently covering the stock, MarketBeat reports. Nine research analysts have rated the stock with a buy rating. The average 1-year price target among brokerages

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Mplx Lp (NYSE:MPLX - Free Report) by 22.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,884 shares of the pipeline company's s

Cetera Advisors LLC boosted its stake in shares of Mplx Lp (NYSE:MPLX - Free Report) by 152.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,462 shares of the pipeline company's stock after buying an additional 20

Mplx (NYSE:MPLX - Get Free Report) posted its earnings results on Tuesday. The pipeline company reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.17. Mplx had a return on equity of 31.70% and a net margin of 34.96%. The company had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.96 billion. During the same quarter in the prior year, the business earned $0.91 earnings per share. Mplx's revenue was up 13.5% on a year-over-year basis.

Wells Fargo & Company upped their price objective on shares of Mplx from $47.00 to $50.00 and gave the stock an "overweight" rating in a research report on Wednesday.

StockNews.com cut shares of Mplx from a "strong-buy" rating to a "buy" rating in a research report on Saturday.

Virtu Financial LLC bought a new stake in Mplx Lp (NYSE:MPLX - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 33,592 shares of the pipeline company's stock, valued at approximately $1,396,000. A number of other large inves

Mplx Lp (NYSE:MPLX - Free Report) - Equities research analysts at US Capital Advisors decreased their Q2 2024 EPS estimates for shares of Mplx in a research note issued on Monday, July 29th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $0.97 per share fo

Energy Income Partners LLC grew its stake in Mplx Lp (NYSE:MPLX - Free Report) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,224,918 shares of the pipeline company's stock after buying an addit

Mplx Lp (NYSE:MPLX - Get Free Report) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 8,520,000 shares, a decline of 19.5% from the June 30th total of 10,580,000 shares. Approximately 2.4% of the shares of the company are short sold. Based on an average trading volume of 1,790,000 shares, the short-interest ratio is presently 4.8 days.

StockNews.com raised shares of Mplx from a "buy" rating to a "strong-buy" rating in a research report on Friday.

Sei Investments Co. grew its position in Mplx Lp (NYSE:MPLX - Free Report) by 47.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,740 shares of the pipeline company's stock after

Clearbridge Investments LLC grew its position in shares of Mplx Lp (NYSE:MPLX - Free Report) by 4.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,200,759 shares of the pipeline company's stock after purchasing an add

Acadian Asset Management LLC increased its holdings in shares of Mplx Lp (NYSE:MPLX - Free Report) by 79.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 252,194 shares of the pipeline company's stock after purchasing an ad

Mplx (NYSE:MPLX) Hits New 12-Month High at $43.23

Mplx Lp (NYSE:MPLX - Get Free Report) was the target of some unusual options trading on Friday. Stock traders purchased 11,027 call options on the company. This represents an increase of approximately 347% compared to the average daily volume of 2,469 call options.

Barclays increased their price target on Mplx from $43.00 to $45.00 and gave the company an "overweight" rating in a research note on Friday.

GSA Capital Partners LLP acquired a new stake in Mplx Lp (NYSE:MPLX - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 19,218 shares of the pipeline company's stock, valued at approximately $799,000. A numbe

Easterly Investment Partners LLC lessened its stake in shares of Mplx Lp (NYSE:MPLX - Free Report) by 50.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the pipeline company's stock after