Mplx (MPLX) Projected to Release Earnings on Tuesday

Mplx (NYSE:MPLX) is projected to release its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect the company to announce earnings of $1.06 per share and revenue of $3.1422 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 9:30 AM ET.

Mplx (NYSE:MPLX) last issued its earnings results on Tuesday, May 5th. The pipeline company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.15). The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $3.09 billion. Mplx had a return on equity of 32.74% and a net margin of 36.38%.The firm’s revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.10 earnings per share. On average, analysts expect Mplx to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Mplx Stock Up 1.9%

NYSE:MPLX traded up $1.08 during trading hours on Tuesday, reaching $59.44. The company had a trading volume of 256,594 shares, compared to its average volume of 1,787,476. Mplx has a twelve month low of $47.80 and a twelve month high of $59.98. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 1.71. The firm has a market cap of $60.32 billion, a price-to-earnings ratio of 12.87, a P/E/G ratio of 5.66 and a beta of 0.47. The business’s 50-day simple moving average is $56.52 and its two-hundred day simple moving average is $56.43.

Hedge Funds Weigh In On Mplx

A number of hedge funds have recently added to or reduced their stakes in MPLX. NewEdge Advisors LLC increased its holdings in Mplx by 4.1% during the 1st quarter. NewEdge Advisors LLC now owns 24,049 shares of the pipeline company’s stock worth $1,287,000 after purchasing an additional 939 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Mplx by 6.6% during the second quarter. Geode Capital Management LLC now owns 16,557 shares of the pipeline company’s stock valued at $853,000 after buying an additional 1,021 shares during the last quarter. Guggenheim Capital LLC boosted its position in shares of Mplx by 5.4% during the second quarter. Guggenheim Capital LLC now owns 19,139 shares of the pipeline company’s stock valued at $986,000 after buying an additional 972 shares during the last quarter. Cerity Partners LLC grew its holdings in Mplx by 12.5% during the second quarter. Cerity Partners LLC now owns 53,113 shares of the pipeline company’s stock worth $2,736,000 after buying an additional 5,916 shares in the last quarter. Finally, Glenview Trust co grew its holdings in Mplx by 62.5% during the second quarter. Glenview Trust co now owns 6,500 shares of the pipeline company’s stock worth $335,000 after buying an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 24.25% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on MPLX. Weiss Ratings cut shares of Mplx from a “buy (a)” rating to a “buy (a-)” rating in a research report on Monday, May 18th. Zacks Research raised Mplx from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Truist Financial dropped their price target on Mplx from $67.00 to $66.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Wells Fargo & Company cut their price target on Mplx from $63.00 to $61.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Finally, Wall Street Zen cut Mplx from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Mplx has an average rating of “Moderate Buy” and an average price target of $61.60.

Mplx Company Profile

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.