BofA Securities resumed coverage on MPLX LP with a new price target
$MPLX
Natural Gas Distribution
Energy
BofA Securities resumed coverage of MPLX LP with a rating of Underperform and set a new price target of $43.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $43.00 | Underperform | BofA Securities |
| 10/6/2023 | $40.00 | Buy | Goldman |
| 3/14/2023 | $37.00 → $41.00 | Neutral → Overweight | JP Morgan |
| 1/9/2023 | $36.00 | Peer Perform → Outperform | Wolfe Research |
| 12/9/2022 | $33.50 | Neutral | Citigroup |
| 9/29/2022 | $34.00 | Buy → Underperform | BofA Securities |
| 5/2/2022 | $37.00 | Buy | Truist |
| 2/3/2022 | $35.00 → $37.00 | Outperform | Raymond James |
AUSTIN, Texas, April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE:MPLX), and Enbridge Inc. (NYSE:ENB), through the WPC joint venture ("WPC"), have partnered with an affiliate of Targa Resources Corp. (NYSE:TRGP) and have reached final investment decision to move forward with the construction of the Traverse Pipeline, having secured sufficient firm transportation agreements with investment grade shippers. The bi-directional Traverse Pipeline is designed to transport up to 1.75 billion cubic feet per day (Bcf/d) of natural gas through approxi
FINDLAY, Ohio, March 17, 2025 /PRNewswire/ -- MPLX LP (NYSE:MPLX) today announced that the company's 2024 investor tax packages are now available on its website, www.mplx.com. Investors may select the "Investor Data" link under the Investors tab, or use the following link: https://www.taxpackagesupport.com/mplx Additionally, MPLX plans to mail tax packages beginning March 21, 2025. Questions regarding the Tax Reporting Package for the year ended Dec. 31, 2024, can be addressed by calling 1-800-232-0011 (toll free). About MPLX LP MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribu
FINDLAY, Ohio, March 10, 2025 /PRNewswire/ -- MPLX LP (NYSE:MPLX) will host a conference call on Tuesday, May 6, 2025, at 9:30 a.m. EDT to discuss 2025 first-quarter financial results. Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com. A replay of the webcast will be available on MPLX's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior to the conference call and webcast at www.mplx.com. About MPLX LP MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides
4 - MPLX LP (0001552000) (Issuer)
4 - MPLX LP (0001552000) (Issuer)
4 - MPLX LP (0001552000) (Issuer)
BofA Securities resumed coverage of MPLX LP with a rating of Underperform and set a new price target of $43.00
Goldman resumed coverage of MPLX LP with a rating of Buy and set a new price target of $40.00
JP Morgan upgraded MPLX LP from Neutral to Overweight and set a new price target of $41.00 from $37.00 previously
Maryann Mannen elected President and CEOMike Hennigan to transition to Executive Chairman of the Board of DirectorsFINDLAY, Ohio, May 13, 2024 /PRNewswire/ -- MPLX LP (NYSE:MPLX) today announced its leadership transition plan, effective August 1, 2024. At that time, Maryann T. Mannen, President of Marathon Petroleum Corporation (NYSE:MPC), will succeed Michael J. Hennigan as President and Chief Executive Officer of MPLX GP LLC, the general partner of MPLX. Mannen will continue to serve on the Board of Directors of the general partner of MPLX, and Hennigan will assume the role of Executive Chairman of the Board. Christopher A. Helms will continue as the Board's independent Lead Director. Hen
AUSTIN, Texas, March 26, 2024 /PRNewswire/ -- WhiteWater, I Squared, MPLX LP (NYSE:MPLX), and Enbridge Inc. (TSX:ENB) (NYSE:ENB) jointly announce they have entered into a definitive agreement to strategically combine the Whistler Pipeline and Rio Bravo Pipeline project in a newly formed joint venture. Enbridge will contribute its wholly-owned Rio Bravo Pipeline project and cash in exchange for an ownership stake in the newly formed joint venture. Following the closing of the transaction, the ownership in the joint venture will be WhiteWater/I Squared (50.6%), MPLX (30.4%), and
SC 13D/A - MPLX LP (0001552000) (Subject)
SC 13G/A - MPLX LP (0001552000) (Subject)
SC 13G/A - MPLX LP (0001552000) (Subject)
AUSTIN, Texas, April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE:MPLX), and Enbridge Inc. (NYSE:ENB), through the WPC joint venture ("WPC"), have partnered with an affiliate of Targa Resources Corp. (NYSE:TRGP) and have reached final investment decision to move forward with the construction of the Traverse Pipeline, having secured sufficient firm transportation agreements with investment grade shippers. The bi-directional Traverse Pipeline is designed to transport up to 1.75 billion cubic feet per day (Bcf/d) of natural gas through approxi
FINDLAY, Ohio, March 10, 2025 /PRNewswire/ -- MPLX LP (NYSE:MPLX) will host a conference call on Tuesday, May 6, 2025, at 9:30 a.m. EDT to discuss 2025 first-quarter financial results. Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com. A replay of the webcast will be available on MPLX's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior to the conference call and webcast at www.mplx.com. About MPLX LP MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides
FINDLAY, Ohio, Feb. 4, 2025 /PRNewswire/ -- Progresses Gulf Coast NGL strategy with announcement of fractionation complex and export terminalFull-year 2024 net income attributable to MPLX of $4.3 billion and adjusted EBITDA of $6.8 billion, up 10% and 8%, respectively, year over year$3.9 billion of capital returned to unitholders in 2024, reflecting 12.5% quarterly distribution increase and $326 million of unit repurchases2025 capital spending outlook of $2.0 billion, anticipating mid-teen returnsMPLX LP (NYSE:MPLX) today reported fourth-quarter 2024 net income attributable to MPLX of $1,099 million, compared with $1,134 million for the fourth quarter of 2023. Adjusted earnings before inter
8-K - MPLX LP (0001552000) (Filer)
424B5 - MPLX LP (0001552000) (Filer)
FWP - MPLX LP (0001552000) (Subject)