MPLX LP (MPLX LP) Earnings per Share (Diluted) : $3.81 (TTM As of Dec. 2023)

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What is MPLX LP Earnings per Share (Diluted)?

MPLX LP's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.10. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.81.

MPLX LP's EPS (Basic) for the three months ended in Dec. 2023 was $1.10. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.81.

MPLX LP's EPS without NRI for the three months ended in Dec. 2023 was $1.10. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.81.

During the past 12 months, MPLX LP's average EPS without NRIGrowth Rate was 1.30% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 73.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 16.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was 16.00% per year.

During the past 13 years, MPLX LP's highest 3-Year average EPS without NRI Growth Rate was 114.80% per year. The lowest was -39.00% per year. And the median was 8.20% per year.

MPLX LP Earnings per Share (Diluted) Historical Data

The historical data trend for MPLX LP's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MPLX LP Earnings per Share (Diluted) Chart

MPLX LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings per Share (Diluted)

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1.00

-0.80

2.86

3.75

3.80

MPLX LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings per Share (Diluted)	Get a 7-Day Free Trial															0.78	0.91	0.91	0.89	1.10

Competitive Comparison of MPLX LP's Earnings per Share (Diluted)

For the Oil & Gas Midstream subindustry, MPLX LP's PE Ratio, along with its competitors' market caps and PE Ratio 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 PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MPLX LP's PE Ratio distribution charts can be found below:

* The bar in red indicates where MPLX LP's PE Ratio falls into.

MPLX LP Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

MPLX LP's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(3928	-	99)	/	1002.000
	=	3.82

MPLX LP's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )	=	(Net Income	-	Preferred Dividends	/	Shares Outstanding (Diluted Average)
	=	(1134	-	23)	/	1005.000
	=	1.11

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.81

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

MPLX LP (NYSE:MPLX) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.

MPLX LP Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of MPLX LP's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.

MPLX LP (MPLX LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MPLX LP (NYSE:MPLX) » Definitions » Earnings per Share (Diluted)

Comparable Companies

Traded in Other Exchanges

MPLXP.PFD: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.

Executives

Christine S Breves	director	600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Shawn M Lyon	officer: Senior VP, Log. & Storage	C/O MPLX, 200 E HARDIN STREET, FINDLAY OH 45840
Gregory Scott Floerke	officer: Exec VP and CCO	C/O MARKWEST ENERGY PARTNERS, L.P., 1515 ARAPAHOE STREET, TOWER 1, SUITE 160, DENVER CO 80202
Frank M Semple	director, officer: Vice Chairman	1515 ARAPAHOE ST., TOWER 2, SUITE 700, DENVER CO 80202
Kelly D Wright	officer: VP and Controller	C/O MPLX LP, 200 E HARDIN STREET, FINDLAY OH 45840
John J Quaid	officer: Exec VP and CFO	C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN STREET, FINDLAY OH 45840
Maryann T. Mannen	director	C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Ttc Holdings Llc	10 percent owner	539 SOUTH MAIN STREET, FINDLAY OH 45840
Timothy J Aydt	officer: Chief Comm. Ofc.,Exec. VP	C/O MPLX LP, 200 E. HARDIN STREET, FINDLAY OH 45840
Garry L. Peiffer	director, officer: President	C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Gary R Heminger	director, officer: Chief Executive Officer	C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Dan D Sandman	director
Tesoro Logistics Gp, Llc	other: Less than 10% owner	200 E. HARDIN STREET, FINDLAY OH 45840
Western Refining, Inc.	10 percent owner	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229
Tesoro Refining & Marketing Co Llc	other: Less than 10% owner	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229