Freight ServiceEnvironment, Health and Safety (EH&S)Marine TransportationPollution ControlEnergyLogisticsOil and Gas
Description
MPLX LP (MPLX) operates as a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services.
The company’s assets include a network of crude oil…
Analysis
Middle-of-the-road
MPLX LP is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is attractive. You pay 14.4× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly 2% yearly growth; analysts expect -49%. The market is pricing in far more than analysts expect: heroic expectations.
The trajectory is tepid and the balance sheet is adequate. The company scores 12/20 on our value-creation score: creating some value.
What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202363
41
2023202420252026
All-time high
94
Jan 2024
All-time low
34
Mar 2026
Average rank
62
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
9
4
10
10
Price/Earnings
50
56
66
56
Price/Book
15
11
19
36
Dividend Yield
97
93
96
95
Value (overall)
26
27
44
47
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.