Mplx Lp dividend calculator – MPLX LP Provides Dividend Investors with Attractive 9% Yield
November 21, 2023
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MPLX LP ($NYSE:MPLX) is an attractive choice for dividend investors, offering a top 9% yield. MPLX LP is a diversified midstream energy company based in Findlay, Ohio. It has a long history of providing reliable and growing dividends to its investors. The company operates oil and natural gas pipelines, terminals, and storage facilities. It also owns and operates refining, marketing, and retail businesses, giving it a wide range of operations that generate solid returns for investors. Its pipelines cross the United States, connecting major oil and gas production areas with refineries and other consumers. MPLX LP has long been a leader in the midstream sector and its strong financial performance makes it an ideal choice for dividend investors.
MPLX LP is well-positioned to benefit from the growing demand for energy and provides a strong dividend yield that is higher than many of its competitors. The company has a strong balance sheet and continues to invest in its operations, resulting in improved operational efficiency and higher returns for shareholders. Its strong cash flows and healthy dividend make it an attractive income stock for those seeking a steady return on their investment. Investors looking to earn a steady income stream should consider MPLX LP for its attractive 9% yield and the assurance of a reliable dividend. The company’s strong financials and continued investments provide a solid foundation for future growth, making it an attractive choice for dividend investors.
Dividends – Mplx Lp dividend calculator
Over the past three years, the company has consistently issued annual dividend per share payments, totaling 3.1 USD, 2.89 USD, and 2.77 USD respectively. Looking ahead, dividend yields for 2021 to 2023 are projected to be 8.89%, 8.88%, and 10.35%, with an average dividend yield of 9.37%. Based on this data, investors looking for dividend stocks should consider MPLX LP as a viable option.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mplx Lp. More…
| Total Revenues | Net Income | Net Margin |
| 10.26k | 3.5k | 35.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mplx Lp. More…
| Operations | Investing | Financing |
| 5.28k | -1.01k | -3.43k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mplx Lp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 36.12k | 22.8k | 13.06 |
Key Ratios Snapshot
Some of the financial key ratios for Mplx Lp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.0% | 2.1% | 44.2% |
| FCF Margin | ROE | ROA |
| 42.3% | 21.8% | 7.9% |
Analysis – Mplx Lp Intrinsic Value Calculator
We at GoodWhale have conducted an analysis of MPLX LP‘s financials, and have concluded that the intrinsic value of one MPLX LP share is around $34.2, as evaluated by our proprietary Valuation Line. Currently, MPLX LP stock is trading at $35.8. This implies that the stock price is slightly overvalued by 4.7%. More…
Peers
MPLX LP is a publicly traded master limited partnership that owns, operates, develops, and acquires midstream energy infrastructure assets. The company’s asset portfolio includes approximately 11,800 miles of crude oil and light product pipelines, approximately 8,200 miles of natural gas pipelines, approximately 36 natural gas processing plants, and approximately 50 crude oil and light product storage facilities. MPLX LP is headquartered in Findlay, Ohio.
MPLX LP’s primary competitors are Marathon Petroleum Corp, Energy Transfer LP, and Magellan Midstream Partners LP. All three companies are engaged in the business of transporting, storing, and processing petroleum products.
– Marathon Petroleum Corp ($NYSE:MPC)
Marathon Petroleum Corp is an oil refining and marketing company with a market cap of $54.29B as of 2022. The company has a return on equity of 32.4%. Marathon Petroleum Corp is engaged in the refining, marketing, retailing and transportation of petroleum products and crude oil. The company operates through three segments: Refining & Marketing, Retail, and Midstream. Marathon Petroleum Corp was founded in 1887 and is headquartered in Findlay, Ohio.
– Energy Transfer LP ($NYSE:ET)
Energy Transfer LP is a master limited partnership that owns and operates energy infrastructure assets in the United States. The company’s assets include natural gas pipelines, natural gas storage facilities, and crude oil pipelines. Energy Transfer’s natural gas pipelines transport natural gas from production areas to market centers. The company’s crude oil pipelines transport crude oil from production areas to refineries and market centers. Energy Transfer’s natural gas storage facilities provide storage capacity for natural gas. The company also owns and operates natural gas gathering and processing facilities.
Energy Transfer’s market cap as of 2022 is 36.67B. The company has a Return on Equity of 14.71%. Energy Transfer’s business is focused on the transportation, storage, and gathering of natural gas and crude oil. The company’s pipelines transport natural gas and crude oil from production areas to market centers. Energy Transfer’s natural gas storage facilities provide storage capacity for natural gas. The company also owns and operates natural gas gathering and processing facilities.
– Magellan Midstream Partners LP ($NYSE:MMP)
Magellan Midstream Partners LP is a publicly traded partnership that owns, operates, and leases a diversified portfolio of energy infrastructure assets in the United States. The company’s assets include approximately 8,400 miles of pipelines, 80 terminals, and six product storage facilities. Magellan Midstream Partners LP is headquartered in Tulsa, Oklahoma.
Summary
MPLX LP is a publicly traded master limited partnership (MLP) that engages in the gathering, processing, and transportation of natural gas, crude oil, and refined products. It offers a diversified portfolio of fuel-producing assets, making it less susceptible to commodity price fluctuations. The company has invested heavily in its infrastructure and secured long-term contracts to ensure steady cash flows.
Additionally, MPLX LP has maintained a healthy financial position through debt reduction and capital discipline. Overall, it is a solid choice for dividend investors looking for an income-producing investment.
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