MPLX LP

MPLX LPverified

MPLX

Price:

$42.62

Market Cap:

$43.50B

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, an...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2012-10-26

Stock Exchange

NYSE

Ticker

MPLX

The Current Ratio as of September 2024 (TTM) for MPLX LP (MPLX) is 0.99

According to MPLX LP’s latest financial reports and current stock price. The company's current Current Ratio is 0.99. This represents a change of -16.23% compared to the average of 1.19 of the last 4 quarters.

MPLX LP (MPLX) Historical Current Ratio (quarterly & annually)

How has MPLX Current Ratio performed in the past?

The mean historical Current Ratio of MPLX LP over the last ten years is 0.77. The current 0.99 Current Ratio has changed 12.77% with respect to the historical average. Over the past ten years (40 quarters), MPLX's Current Ratio was at its highest in in the September 2023 quarter at 1.96. The Current Ratio was at its lowest in in the March 2023 quarter at 0.30.

Quarterly (TTM)
Annual

Average

0.77

Median

0.77

Minimum

0.43

Maximum

1.07

MPLX LP (MPLX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MPLX LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 76.43%

Maximum Annual Current Ratio = 1.07

Minimum Annual Increase = -59.22%

Minimum Annual Current Ratio = 0.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.0734.87%
20220.7976.27%
20210.45-38.02%
20200.734.34%
20190.70-7.97%
20180.7676.43%
20170.43-59.22%
20161.0535.72%
20150.77-19.84%
20140.97-40.35%

MPLX LP (MPLX) Average Current Ratio

How has MPLX Current Ratio performed in the past?

The current Current Ratio of MPLX LP (MPLX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.77

5-year avg

0.75

10-year avg

0.77

MPLX LP (MPLX) Current Ratio vs. Peers

How is MPLX’s Current Ratio compared to its peers?

MPLX LP’s Current Ratio is greater than ONEOK, Inc. (0.62), greater than Enterprise Products Partners L.P. (0.91), less than Energy Transfer LP (1.14), less than Plains All American Pipeline, L.P. (1.00), less than Magellan Midstream Partners, L.P. (1.08), greater than Kinder Morgan, Inc. (0.37), greater than Enbridge Inc. (0.77), greater than Holly Energy Partners, L.P. (0.11), greater than NuStar Energy L.P. (0.81), less than Western Midstream Partners, LP (1.68), less than Hess Midstream LP (1.11), greater than Antero Midstream Corporation (0.89),

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