MPLX LP (MPLX) Stock Moves -1.4%: What You Should Know

MPLX LP (MPLX) Stock Moves -1.4%: What You Should Know
This story originally appeared on Zacks

MPLX LP (MPLX) closed the most recent trading day at $30.29, moving -1.4% from the previous trading session. This change was narrower than the S&P 500’s 1.94% loss on the day. Meanwhile, the Dow lost 1.07%, and the Nasdaq, a tech-heavy index, lost 0.39%.

MPLX LP (MPLX) Stock Moves -1.4%: What You Should Know – Zacks

Coming into today, shares of the company had gained 2.88% in the past month. In that same time, the Oils-Energy sector gained 5.65%, while the S&P 500 gained 5.72%.

MPLX LP will be looking to display strength as it nears its next earnings release, which is expected to be February 2, 2022. The company is expected to report EPS of $0.74, up 17.46% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.31 billion, up 2.59% from the year-ago period.

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