Stock AnalizMplx LP (MPLX) earnings for the quarter ended September 2026: EPS beats estimates
Mplx LP reported results for the quarter ended September 2026 on November 3, 2026. Adjusted earnings per share came in at $1.15 against the analysts’ average forecast of $1.13, a beat of 2.0%.
Revenue for the quarter was $3.60 billion, down 0.4% from $3.62 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 4.6% on the first trading day after the report.
The last four quarters
Mplx LP has beaten the analysts’ EPS forecast in 2 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $1.15 | $1.13 | +2.0% | −0% | −4.6% |
| Jun 2026 | $1.06 | $1.06 | −0.3% | +10% | +0.7% |
| Mar 2026 | $0.90 | $1.08 | −16.6% | −3% | −2.6% |
| Dec 2025 | $1.05 | $1.03 | +1.8% | +6% | +0.5% |
What comes next
Analysts expect EPS of $1.15 for the next quarter on average and $4.31 for the fiscal year ending December 31, 2026.
The average analyst price target is $62.31, 9% above the current price of $57.25.
Valuation and score
Mplx LP scores 1.8 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 13.4, and its intrinsic value under moderate assumptions is about 30% above the current market value. Full Mplx LP analysis with 10 years of financials
Frequently asked questions
What was Mplx LP’s EPS for the quarter ended September 2026?
$1.15 adjusted per share, against an analyst consensus of $1.13.
How much revenue did Mplx LP report?
$3.60 billion, down 0.4% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.