MPLX LP (MPLX) Advances While Market Declines: Some Information for Investors

The investment community will be closely monitoring the performance of MPLX LP in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2024. In that report, analysts expect MPLX LP to post earnings of $0.98 per share. This would mark year-over-year growth of 7.69%. Meanwhile, our latest consensus estimate is calling for revenue of $2.92 billion, up 8.66% from the prior-year quarter. In terms of valuation, MPLX LP is presently being traded at a Forward P/E ratio of 1 ...