Mplx (MPLX) Projected to Post Earnings on Tuesday

Mplx (NYSE:MPLX) is projected to issue its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to announce earnings of $1.13 per share and revenue of $3.35 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 9:30 AM ET.

Mplx (NYSE:MPLX) last released its earnings results on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.06. Mplx had a net margin of 35.75% and a return on equity of 32.83%. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period in the prior year, the business earned $1.03 EPS. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. On average, analysts expect Mplx to post $4.25 EPS for the current fiscal year and $4.69 EPS for the next fiscal year.

Mplx Stock Performance

Shares of MPLX stock opened at $58.60 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 1.71. Mplx has a 52 week low of $50.22 and a 52 week high of $60.95. The stock has a market capitalization of $59.41 billion, a PE ratio of 12.60, a P/E/G ratio of 5.63 and a beta of 0.49. The firm has a 50 day moving average of $58.38 and a two-hundred day moving average of $57.06.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. assumed coverage on Mplx in a research report on Tuesday, October 20th. They set a “neutral” rating and a $62.00 price objective on the stock. Barclays increased their price objective on Mplx from $59.00 to $63.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Weiss Ratings reiterated a “buy (a-)” rating on shares of Mplx in a report on Thursday, August 13th. Morgan Stanley lowered their target price on Mplx from $66.00 to $64.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 13th. Finally, Stifel Nicolaus began coverage on Mplx in a research report on Thursday, September 10th. They issued a “hold” rating and a $65.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $63.80.

About Mplx

MPLX LP (NYSE:MPLX) is a master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides services for the gathering, processing, transportation, storage and marketing of crude oil, natural gas and natural gas liquids (NGLs).

MPLX’s assets include crude oil and refined-products pipelines, natural gas gathering and processing systems, NGL fractionation facilities, storage terminals and marine transportation infrastructure. Through its logistics and storage operations, the company supports the movement of hydrocarbons from producing regions to refineries, export facilities and other domestic markets.

The company serves several major U.S.