EPS for MPLX LP (MPLX) Expected At $0.26

October 13, 2017 - By Adrian Mccoy

 EPS for MPLX LP (MPLX) Expected At $0.26
Investors sentiment decreased to 1.26 in Q2 2017. Its down 0.21, from 1.47 in 2017Q1. It dived, 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.
Samson Capital Ltd has 287,046 shares for 9.46% of their portfolio. Harvest Fund Advsr Lc, a Pennsylvania-based fund reported 16.56M shares. Janney Montgomery Scott Limited Company invested in 0.02% or 57,599 shares. 577,384 are owned by Mariner Wealth. Marquette Asset Mgmt holds 0.3% or 21,887 shares. Williams Jones Associate Limited Liability Com has invested 0.09% of its portfolio in MPLX LP (NYSE:MPLX). Texas Yale Cap has 0.38% invested in MPLX LP (NYSE:MPLX). Bokf Na holds 0.02% or 22,791 shares in its portfolio. Fifth Third Comml Bank stated it has 22,285 shares or 0.01% of all its holdings. Yost Capital Mgmt Ltd holds 107,798 shares. 23,437 were accumulated by Gsa Capital Prtnrs Llp. Cibc Asset Mngmt Inc reported 0% in MPLX LP (NYSE:MPLX). Glenmede Trust Company Na holds 0.01% or 46,325 shares. 12,317 are owned by King Luther Cap Mngmt. Beach Inv Mngmt Ltd Com holds 0.11% or 31,762 shares.

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

Investors wait MPLX LP (NYSE:MPLX) to report on October, 26. its quarterly earnings Wall Street analysts expect $0.26 EPS, up $0.05 or 23.81 % from last year’s $0.21 same quarter earnings. This translates into $102.79 million profit for MPLX giving the stock a 33.39 P/E. This is assuming the current $0.26 EPS is accurate. MPLX LP’s Wall Street analysts see 0.00 % EPS growth, taking into account the $0.26 EPS reproted in the previous quarter, 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 firm earned “Sector Outperform” rating on Thursday, February 4 by Howard Weil. Jefferies maintained the stock with “Buy” rating in Monday, August 28 report. The rating was maintained by Jefferies on Thursday, June 1 with “Buy”. Credit Suisse upgraded the shares of MPLX in report on Friday, April 29 to “Outperform” rating. The stock has “Buy” rating by Ladenburg Thalmann on Tuesday, May 3. Credit Suisse initiated the stock with “Neutral” rating in Tuesday, December 22 report. Evercore upgraded the stock to “Buy” rating in Thursday, December 8 report. The firm earned “Buy” rating on Wednesday, January 4 by Mizuho. On Friday, September 30 the stock rating was initiated by Mizuho with “Neutral”. Jefferies maintained the stock with “Buy” rating in Monday, August 14 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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