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MPLX LP (NYSE:MPLX) GF Value Rank

: 5 (As of Today)
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MPLX LP has the GF Value Rank of 5.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


MPLX LP (NYSE:MPLX) GF Value Rank Competitive Comparison

For the Oil & Gas Midstream subindustry, MPLX LP's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 (NYSE:MPLX) GF Value Rank Distribution

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

* The bar in red indicates where MPLX LP's GF Value Rank falls into.



MPLX LP GF Value Rank Related Terms

Thank you for viewing the detailed overview of MPLX LP's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


MPLX LP (NYSE:MPLX) Business Description

MPLX LP logo
Traded in Other Exchanges
Address
200 East Hardin Street, Findlay, OH, USA, 45840-3229
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
Wright Kelly D officer: VP and Controller C/O MPLX LP 200 E HARDIN STREET FINDLAY OH 45840
Quaid John J officer: Exec VP and CFO C/O MARATHON PETROLEUM CORPORATION 539 SOUTH MAIN STREET FINDLAY OH 45840
Mannen Maryann T. director C/O TECHNIPFMC PLC 11740 KATY FREEWAY, ENERGY TOWER 3 HOUSTON TX 77079
Ttc Holdings Llc 10 percent owner 539 SOUTH MAIN STREET FINDLAY OH 45840
Aydt Timothy J officer: Chief Comm. Ofc.,Exec. VP C/O MPLX LP 200 E. HARDIN STREET FINDLAY OH 45840
Andeavor Llc 10 percent owner 539 SOUTH MAIN STREET FINDLAY OH 45840-3229
Giant Industries, Inc. 10 percent owner 539 S MAIN STREET FINDLAY OH 45840
Tesoro Alaska Co Llc other: Less than 10% owner 539 SOUTH MAIN STREET FINDLAY OH 45840-3229
Western Refining Southwest, 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
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
Goff Gregory James director 19100 RIDGEWOOD PARKWAY SAN ANTONIO TX 78259
Stice J Michael director 525 CENTRAL PARK DRIVE OKLAHOMA CITY OK 73105
Hagedorn Carl Kristopher officer: VP and Controller C/O CONE MIDSTREAM PARTNERS LP 1000 CONSOL ENERGY DRIVE CANONSBURG PA 15317

MPLX LP (NYSE:MPLX) Headlines

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