
MPLX (MPLX) Stock Forecast & Price Target
MPLX (MPLX) Analyst Ratings
Bulls say
MPLX's positive outlook is driven by its strategic plan to allocate $2.0 billion in capital expenditures for 2025, which includes $1.7 billion earmarked for growth and $300 million for maintenance, thereby facilitating significant infrastructure and asset upgrades. The partnership's position in high-demand regions, coupled with rising rig activity and improved gas/NGL pricing, is expected to enhance its revenue stream through higher processing margins and growth projects with favorable economics. Additionally, MPLX is recognized for its attractive yield exceeding 7%, along with a robust free cash flow generation capability, which positions it favorably for continued distribution growth and potential capital returns to investors.
Bears say
MPLX faces significant risks due to project execution challenges that could lead to increased costs and delayed returns, impacting overall profitability. Additionally, sustained weakness in natural gas and natural gas liquids prices, driven by commissioning delays in new processing facilities and increased production from the Permian, raises concerns about future cash flows. Finally, the dependency on declining oil and natural gas reserves introduces volume risks that may further exacerbate the partnership's financial stability and distribution capabilities.
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
Start investing in MPLX (MPLX)
Order type
Buy in
Order amount
Est. shares
0 shares