MPLX(MPLX) ZACKS·2025-03-06 00:00Company Performance - MPLX LP's stock closed at $53.04, reflecting a -0.06% change from the previous trading day, underperforming compared to the S&P 500's gain of 1.12% [1] - Over the past month, MPLX shares gained 0.84%, outperforming the Oils-Energy sector's loss of 5.86% and the S&P 500's loss of 4.13% [1] Earnings Projections - The upcoming earnings report for MPLX LP is projected to show earnings per share (EPS) of $1.07, a 9.18% increase from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $3.1 billion, reflecting a 9.04% increase from the previous year [2] - For the full year, projected earnings are $4.41 per share and revenue is $12.69 billion, indicating increases of +4.75% and +6.32% respectively from the prior year [3] Analyst Forecasts - Recent revisions to analyst forecasts for MPLX LP are important as they reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks MPLX LP at 3 (Hold) [6] Valuation Metrics - MPLX LP has a Forward P/E ratio of 12.02, which is lower than the industry average of 17.22, suggesting it is trading at a discount [7] - The company has a PEG ratio of 1.66, compared to the industry average PEG ratio of 2.73, indicating a favorable growth expectation relative to its price [8] Industry Context - The Oil and Gas - Production and Pipelines industry, which includes MPLX LP, holds a Zacks Industry Rank of 88, placing it in the top 36% of over 250 industries [9]