MPLX Q4 Earnings Beat on Higher Throughput, Revenues Increase Y/Y
MPLX LP MPLX reported fourth-quarter 2024 earnings of $1.07 per unit, which topped the Zacks Consensus Estimate of $1.04. The bottom line, however, declined from the year-ago quarter’s level of $1.10.
MPLX price target raised to $60 from $55 at Raymond James
Raymond James raised the firm’s price target on MPLX (MPLX) to $60 from $55 and keeps an Outperform rating on the shares. Both of MPLX’s ...
MPLX price target raised to $59 from $54 at Wells Fargo
Wells Fargo raised the firm’s price target on MPLX (MPLX) to $59 from $54 to reflect a higher long-term EBITDA and distribution growth ...
MPLX Expands Vertical Integration With New Growth Projects
As with many yield-oriented investments, MPLX is exposed to interest-rate risk. If interest rates increase faster than expected, MPLX units could underperform, as a steepening yield curve increases ...