MPLX LP (MPLX) reported $3.61 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 0.4%. EPS of $1.15 for the same period compares to $1.52 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.29 billion, representing a surprise of +9.52%. The company delivered an EPS surprise of +3.6%, with the consensus EPS estimate being $1.11.
While investors closely watch year-over-year changes in headline numbers — revenue and earnings — and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company’s underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock’s price performance.
Here is how MPLX LP performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
-
Average tariff rates – Crude oil pipelines: $1.05 compared to the $1.05 average estimate based on two analysts.
-
Average tariff rates – Product pipelines: $1.17 versus the two-analyst average estimate of $1.11.
-
Pipeline throughput – Crude oil pipelines: 3897 millions of barrels of oil versus 3622.34 millions of barrels of oil estimated by two analysts on average.
-
Natural Gas Processed – Southwest Operations: 2106 millions of cubic feet versus the two-analyst average estimate of 1838.17 millions of cubic feet.
-
Pipeline throughput – Total pipelines: 5951 millions of barrels of oil compared to the 5688.18 millions of barrels of oil average estimate based on two analysts.
-
Gathering throughput – Southwest Operations: 1960 millions of cubic feet versus the two-analyst average estimate of 1971.16 millions of cubic feet.
-
Pipeline throughput – Product pipelines: 2054 millions of barrels of oil versus 2065.85 millions of barrels of oil estimated by two analysts on average.
-
Adjusted EBITDA- Natural Gas and NGL Services: $655 million compared to the $648.88 million average estimate based on three analysts.
-
Adjusted EBITDA- Crude Oil and Products Logistics: $1.2 billion versus $1.19 billion estimated by three analysts on average.
View all Key Company Metrics for MPLX LP here>>>
Shares of MPLX LP have returned +2.7% over the past month versus the Zacks S&P 500 composite’s -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
MPLX LP (MPLX) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
