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MPLX LP (MPLX LP) 12-1 Month Momentum % : 17.47% (As of Apr. 29, 2024)


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What is MPLX LP 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-29), MPLX LP's 12-1 Month Momentum % is 17.47%.

The industry rank for MPLX LP's 12-1 Month Momentum % or its related term are showing as below:

MPLX's 12-1 Month Momentum % is ranked better than
67.04% of 1083 companies
in the Oil & Gas industry
Industry Median: -0.8 vs MPLX: 17.47

Competitive Comparison of MPLX LP's 12-1 Month Momentum %

For the Oil & Gas Midstream subindustry, MPLX LP's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MPLX LP's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where MPLX LP's 12-1 Month Momentum % falls into.



MPLX LP  (NYSE:MPLX) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* 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.


MPLX LP  (NYSE:MPLX) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


MPLX LP 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of MPLX LP's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


MPLX LP (MPLX LP) Business Description

Industry
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
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

MPLX LP (MPLX LP) Headlines

From GuruFocus

MPLX LP Announces Quarterly Distribution

By PRNewswire 07-25-2023

MPLX LP Announces Quarterly Distribution

By PRNewswire PRNewswire 04-25-2023

MPLX LP Increases Quarterly Distribution

By PRNewswire PRNewswire 11-01-2022

MPLX LP prices $1.0 billion senior notes offering

By PRNewswire PRNewswire 08-08-2022

MPLX LP prices $1.5 billion senior notes offering

By PRNewswire PRNewswire 03-10-2022