MPLX LP (MPLX LP) 3-Year Book Growth Rate : 34.10% (As of Mar. 2024)

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What is MPLX LP 3-Year Book Growth Rate?

MPLX LP's Book Value per Share for the quarter that ended in Mar. 2024 was $0.00.

During the past 3 years, the average Book Value per Share Growth Rate was 34.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 23.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of MPLX LP was 34.10% per year. The lowest was -32.00% per year. And the median was 19.20% per year.

Competitive Comparison of MPLX LP's 3-Year Book Growth Rate

For the Oil & Gas Midstream subindustry, MPLX LP's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MPLX LP's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MPLX LP's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where MPLX LP's 3-Year Book Growth Rate falls into.

MPLX LP 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

MPLX LP (OTCPK:MPLXP.PFD) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

MPLX LP 3-Year Book Growth Rate Related Terms

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MPLX LP (MPLX LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MPLX LP (OTCPK:MPLXP.PFD) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MPLX:USA

Address

200 East Hardin Street, Findlay, OH, USA, 45840-3229

Website

https://www.mplx.com

MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in July 2019.