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NYSE: MPLX
Mplx LP Stock Forecast, Predictions & Price Target

Analyst price target for MPLX

Based on 7 analysts offering 12 month price targets for Mplx LP.
Min Forecast
$33.50-1.73%
Avg Forecast
$38.36+12.52%
Max Forecast
$41.00+20.27%

Should I buy or sell MPLX stock?

Based on 7 analysts offering ratings for Mplx LP.
Buy
Strong Buy
3 analysts 42.86%
Buy
2 analysts 28.57%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MPLX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 1%
100
BuyMaintains$41.00+20.27%2023-02-01
Morgan Stanley
Top 15%
86
HoldMaintains$41.00+20.27%2023-01-09
Wolfe Research
Top 26%
75
BuyUpgrades$36.00+5.60%2023-01-09
Citigroup
Top 15%
86
HoldInitiates Coverage On$33.50-1.73%2022-12-09
Wells Fargo
Top 4%
97
Strong BuyMaintains$40.00+17.34%2022-11-07
UBS
Top 22%
79
Strong BuyMaintains$40.00+17.34%2022-07-08
Truist Securities
Top 1%
100
Strong BuyAssumes$37.00+8.54%2022-05-02

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Forecast return on equity

Is MPLX forecast to generate an efficient return?
Company
N/A
Industry
4.7%
Market
57.51%

Forecast return on assets

Is MPLX forecast to generate an efficient return on assets?
Company
N/A
Industry
4.77%

MPLX earnings per share forecast

What is MPLX's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$3.34-11.17%
Avg 2 year Forecast
$3.36-10.64%
MPLX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MPLX revenue forecast

What is MPLX's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$10.0B-14.56%
Avg 2 year Forecast
$9.9B-15.28%
Avg 3 year Forecast
$9.3B-20.14%
MPLX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MPLX earnings growth forecast

How is MPLX forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-5.47%
Industry
11.75%
Market
27.21%
MPLX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MPLX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MPLX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MPLX revenue growth forecast

How is MPLX forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-8.63%
Industry
-4.46%
Market
11.03%
MPLX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MPLX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MPLX vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
MPLX$34.09$38.36+12.52%Buy
LNG$147.83$194.18+31.35%Strong Buy
OKE$68.56$70.70+3.12%Buy
WMB$32.08$37.30+16.27%Buy
ET$13.28$16.33+22.99%Strong Buy

Mplx Stock Forecast FAQ

Is Mplx Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: MPLX) stock is to Buy MPLX stock.

Out of 7 analysts, 3 (42.86%) are recommending MPLX as a Strong Buy, 2 (28.57%) are recommending MPLX as a Buy, 2 (28.57%) are recommending MPLX as a Hold, 0 (0%) are recommending MPLX as a Sell, and 0 (0%) are recommending MPLX as a Strong Sell.

If you're new to stock investing, here's how to buy Mplx stock.

What is MPLX's earnings growth forecast for 2023-2024?

(NYSE: MPLX) Mplx's forecast annual earnings growth rate of -5.47% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 11.75%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.21%.

Mplx's earnings in 2023 is $3,831,000,000.On average, 5 Wall Street analysts forecast MPLX's earnings for 2023 to be $3,350,831,316, with the lowest MPLX earnings forecast at $3,170,247,592, and the highest MPLX earnings forecast at $3,551,479,898.

In 2024, MPLX is forecast to generate $3,370,896,174 in earnings, with the lowest earnings forecast at $3,089,988,160 and the highest earnings forecast at $3,732,063,621.

What is MPLX's revenue growth forecast for 2023-2025?

(NYSE: MPLX) Mplx's forecast annual revenue growth rate of -8.63% is not forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of -4.46%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.03%.

Mplx's revenue in 2023 is $11,685,000,000.On average, 3 Wall Street analysts forecast MPLX's revenue for 2023 to be $10,016,018,042,495, with the lowest MPLX revenue forecast at $9,341,395,374,281, and the highest MPLX revenue forecast at $10,761,513,802,772. On average, 2 Wall Street analysts forecast MPLX's revenue for 2024 to be $9,931,647,320,333, with the lowest MPLX revenue forecast at $9,369,586,500,024, and the highest MPLX revenue forecast at $10,493,709,143,886.

In 2025, MPLX is forecast to generate $9,362,363,151,079 in revenue, with the lowest revenue forecast at $9,362,363,151,079 and the highest revenue forecast at $9,362,363,151,079.

What is MPLX's forecast return on assets (ROA) for 2023-2025?

(NYSE: MPLX) forecast ROA is N/A, which is lower than the forecast US Oil & Gas Midstream industry average of 4.77%.

What is MPLX's Price Target?

According to 7 Wall Street analysts that have issued a 1 year MPLX price target, the average MPLX price target is $38.36, with the highest MPLX stock price forecast at $41.00 and the lowest MPLX stock price forecast at $33.50.

On average, Wall Street analysts predict that Mplx's share price could reach $38.36 by Feb 1, 2024. The average Mplx stock price prediction forecasts a potential upside of 12.52% from the current MPLX share price of $34.09.

What is MPLX's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: MPLX) Mplx's current Earnings Per Share (EPS) is $3.76. On average, analysts forecast that MPLX's EPS will be $3.34 for 2023, with the lowest EPS forecast at $3.16, and the highest EPS forecast at $3.54. In 2024, MPLX's EPS is forecast to hit $3.36 (min: $3.08, max: $3.72).

What is MPLX's forecast return on equity (ROE) for 2023-2025?

(NYSE: MPLX) forecast ROE is N/A, which is considered weak.
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