
MPLX (MPLX) Stock Forecast & Price Target
MPLX (MPLX) Analyst Ratings
Bulls say
MPLX has demonstrated a strong financial performance, with both EBITDA and distributable cash flow (DCF) growing at a compounded rate of 7% over the past four years, backed by a robust asset base that is expected to yield consistent cash flows. The company's recent Northwind acquisition is anticipated to enhance its gathering and downstream capabilities, although the full benefits will take 12 to 18 months to materialize. Additionally, MPLX's management has indicated a potential distribution growth rate of 12.5% moving forward, which indicates a positive trend that aligns with its operational cash flow sustainability.
Bears say
MPLX's stock faces significant headwinds due to unrealized losses on commodity hedges, which could adversely impact its financial position. Additionally, there are concerns regarding the inability of third parties to complete essential natural gas and natural gas liquids pipeline projects in the Northeast, potentially hindering growth. Furthermore, reduced support from Marathon Petroleum, its parent company, combined with uncertainties in the U.S. refining outlook, raises additional risks for MPLX’s operational stability and financial performance.
This aggregate rating is based on analysts' research of MPLX and is not a guaranteed prediction by Public.com or investment advice.
MPLX (MPLX) Analyst Forecast & Price Prediction
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