MPLX LP
NYSE:MPLX
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MPLX LP
NYSE:MPLX
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US |
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K
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Karnov Group AB (publ)
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Intrinsic Value
The intrinsic value of MPLX LP (MPLX) under the Base Case is 59.812 USD per share.
Compared with the current market price of 58.765 USD, the stock appears
Undervalued by 2% .
The intrinsic value is calculated using the DCF method. The model assumes MPLX's revenue grows about 5.9% a year over the next five years, roughly half its 11% pace over the last five. If that past pace continued, the estimate would be about $76.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What MPLX Does
MPLX LP is a midstream energy company. It owns and runs pipelines, storage tanks, terminal facilities, and natural gas gathering and processing assets. These systems move crude oil, natural gas, natural gas liquids, and refined products between wells, plants, refineries, and end markets.
- Headquarters
- United States of America US
- Employees
- 5 762
- IPO date
- Oct 26, 2012
MPLX has a narrow economic moat
Physical connections to Marathon Petroleum’s refineries and terminals make MPLX difficult to replace without costly changes to how products move and are stored. Long-term contracts that require payment for minimum volumes add another reason to keep using its facilities.
Read the full moat analysis
Revenue & Expenses Breakdown
MPLX LP
Earnings Waterfall
MPLX LP
The intrinsic value for MPLX LP (MPLX) under the Base Case is 59.812 USD.
Compared with the current market price of 58.765 USD, the stock appears Undervalued by 2% .