MPLX LP (MPLX) Surpasses Market Returns: Some Facts Worth Knowing

Core Viewpoint - MPLX LP's stock performance has shown a slight increase recently, but it has underperformed compared to the broader market and its sector over the past month [1][2]. Company Performance - In the latest trading session, MPLX LP's stock rose by 1.58% to $53.84, outperforming the S&P 500's gain of 0.16% [1]. - Over the last month, MPLX LP's shares decreased by 3.37%, while the Oils-Energy sector lost 0.36% and the S&P 500 gained 1.89% [1]. Upcoming Earnings Report - MPLX LP is set to release its earnings report on February 3, 2026, with an expected EPS of $1.1, reflecting a 2.8% increase from the same quarter last year [2]. - Revenue is forecasted to be $3.4 billion, indicating a growth of 10.97% compared to the prior year [2]. Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $4.75 per share and revenue of $13.15 billion, showing changes of +12.83% and 0% respectively from the previous year [3]. Analyst Forecast Revisions - Recent revisions to analyst forecasts for MPLX LP should be monitored, as they often indicate short-term business trends and can reflect optimism about the company's outlook [4]. Stock Price Correlation - Changes in earnings estimates are correlated with near-term stock prices, and the Zacks Rank system has been established to leverage these changes for investment decisions [5]. Zacks Rank and Valuation - MPLX LP currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [6]. - The company is trading at a Forward P/E ratio of 12.04, which is below the industry average of 15.63 [7]. Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, ranks in the top 18% of over 250 industries according to the Zacks Industry Rank [7].