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MPLX LP (NYSE: MPLX) – Is this large market cap stock undervalued?

MPLX LP (NYSE: MPLX), is firmly in the large market cap category with market cap of 10589.26. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for MPLX LP is 30.42 (with a change from open of 0.13%), this in conjunction with a target price of 37.41. Volume today has so far reached 343916, with an average volume of about 1069.23. The GAP for this stock, is 0.07%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 27.28. The current EPS for MPLX LP, is -0.17, with a EPS growth for this year coming to a value of -34.90%. Performance has been interesting with performance year to date coming to -19.02%.

Looking further into the growth statistics for MPLX LP, EPS is looking like it will grow 430.00% in the next year. Looking even further it is projected to be 28.50%. Quarter over quarter is -119.80% for EPS growth and for sales growth quarter over quarter it is 164.80%. Looking at past EPS growth statistics we see that for the past five years it has been -1.50%. Sales growth for the past five years has in fact been 11.70%.

Looking at the ownership, we see that the insider ownership is at 0.20% and institutional ownership is 71.70%. Shares outstanding is 348.79, while shares float is at a value of 223.31. Float short for MPLX LP is 3.02% and the short ratio is 6.3.

In terms of debt, long term debt/equity is 0.6, while the total debt/equity comes to 0. The ability to meet these debts, means that the current ratio is 0.7, and the quick ratio is 0.7. The most recent gross margin is 53.90% and their operating margin is 12.60%. The profit margin is -7.70%.

MPLX LP has seen returns on assets of -1.00%, and on investment, 1.40%. Return on equity is -1.70%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 6.66, with Price/book ratio coming to 1.12 and Price/cash is 302.55, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -7.26% and 0.59% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -30.06% and the 52 week low is 92.08%.

MPLX LP has a dividend yield of 6.72%, with a current price of 30.42. The ability to pay this means the payout ratio is *TBA. This is in an industry, Oil & Gas Pipelines, with equally high dividends from other companies in this sector, which it is Basic Materials. MPLX LP is based in USA.

Performance in the Oil & Gas Pipelines industry means that MPLX LP has seen performance for the past week of -5.89%, with performance for the month coming to -5.42%. Looking at the data for the quarter it is at a value of -9.71%, and for the half year the performance is -21.62%. Volatility for this week is 2.69% and for the month this is 2.58%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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