MPLX LP closed flat, outperforming S&P 500, upcoming earnings report, lower forward P/E ratio.

From Nasdaq: 2025-01-24 18:15:20

MPLX LP (MPLX) closed at $51.88, unchanged from the previous session, outperforming the S&P 500. Earnings report expected on February 4, 2025, with predicted EPS of $1.03 and revenue of $3.07 billion. Zacks Rank of #3 (Hold) and forward P/E ratio of 12, lower than industry average of 15.25.

MPLX has a PEG ratio of 2.33 and is part of the Oil and Gas – Production and Pipelines industry with a Zacks Industry Rank of 149. Top chip stock, much smaller than NVIDIA, positioned to meet demand for AI, ML, and IoT. Global semiconductor market projected to grow from $452 billion in 2021 to $803 billion by 2028.



Read more at Nasdaq: MPLX LP (MPLX) Flat As Market Sinks: What You Should Know