MPLX LP (MPLX)
| Market Cap | 52.26B |
| Revenue (ttm) | 11.49B |
| Net Income (ttm) | 4.30B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.21 |
| PE Ratio | 12.18 |
| Forward PE | 11.46 |
| Dividend | $3.83 (7.46%) |
| Ex-Dividend Date | Aug 8, 2025 |
| Volume | 833,443 |
| Open | 51.35 |
| Previous Close | 51.36 |
| Day's Range | 51.23 - 51.77 |
| 52-Week Range | 43.53 - 54.87 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 55.89 (+8.99%) |
| Earnings Date | Nov 4, 2025 |
About MPLX
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of resi... [Read more]
Financial Performance
In 2024, MPLX LP's revenue was $11.13 billion, an increase of 4.21% compared to the previous year's $10.68 billion. Earnings were $4.28 billion, an increase of 12.42%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $55.89, which is an increase of 8.99% from the latest price.
News
MPLX: A Perfect MLP Play With An 8% Yield
MPLX offers dividend investors compelling value with a 7.6% yield, strong distribution coverage, and robust growth in distributable cash flow and EBITDA. The recent Northwind Midstream acquisition exp...
MPLX: Buy This High Yield While It's At A Discount
MPLX LP offers a well-covered 7.6% distribution yield and trades at an attractive 8.4x price-to-cash flow. MPLX's growth is fueled by accretive acquisitions like Northwind Midstream and organic projec...
The Near-Perfect Portfolio Of 3-13% Yields For The Fed's Rate Cuts
The Fed just cut rates. I share a portfolio of 3-13% yielding investments that are well-positioned for the expected impacts of Fed rate cuts. I also share what I am avoiding right now.
MPLX LP 2024 K-3 tax packages now available on company website
FINDLAY, Ohio , Sept. 11, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2024 Schedule K-3 investor tax packages reflecting items of international tax relevance are now a...
MPLX LP to Report Third-Quarter Results on November 4, 2025
FINDLAY, Ohio , Sept. 9, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, November 4, 2025, at 9:30 a.m.
The 2 Income Engines I Would Trust To Fund Retirement
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Final Trades: Netflix, Amazon, MPLX and Valero Energy
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Buy The Dip: 8-11% Blue Chip Yields Getting Way Too Cheap
Wall Street is asleep on two monster yields that could fuel early retirement. These blue-chip payouts are too cheap to last. Here's why I'm adding them to my portfolio before the market wakes up.
MPLX LP Closes Northwind Midstream Acquisition
FINDLAY, Ohio , Sept. 2, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) has completed the $2.375 billion acquisition of Northwind Delaware Holdings LLC (Northwind Midstream), which provides sour gas gather...
Before The Fed Blinks: 8% Yields That Wall Street Is Sleeping On
Wall Street is ignoring two low-risk 8% yield machines hiding in plain sight. Rate cuts could send these income giants soaring. These opportunities may not last once the Fed makes its next move.
8 Ideal 'Safer' Dividend Dogs To Buy From 60 August Graham Value All-Stars
I use YCharts' Value Score and Ben Graham Formula to identify large-cap value stocks offering strong intrinsic value and stable dividends. Analyst forecasts suggest top-ten GASV 'Dogs' could deliver 1...
HARVEST MIDSTREAM ACCELERATES EXPANSION WITH $1 BILLION ACQUISITION OF MPLX UINTA AND GREEN RIVER BASIN GAS GATHERING & PROCESSING ASSETS
HOUSTON , Aug. 27, 2025 /PRNewswire/ -- Harvest Midstream ("Harvest") today announced the signing of a purchase and sale agreement with MPLX LP (NYSE: MPLX) for the acquisition of an extensive natural...
MPLX LP to Divest Rockies Gathering and Processing Assets
FINDLAY, Ohio , Aug. 27, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has entered into a definitive agreement to divest its Rockies gathering and processing assets to a subsidiary of H...
Jeff Hildebrand's Harvest Midstream agrees to buy some MPLX pipeline assets for $1 billion, sources say
Harvest Midstream, owned by the founder of privately-held Hilcorp Energy, has agreed a deal to acquire around $1 billion of natural gas gathering and processing assets from MPLX , people familiar with...
MPLX Vs. Enterprise Products: I Love Both, But My Winner Is MPLX
Both MPLX and EPD are top-tier midstream MLPs, offering high yields, strong balance sheets, and mission-critical energy infrastructure assets. EPD stands out for its reliability, 27 years of distribut...
ONEOK Announces Permian-to-Gulf Coast Region Joint Venture Natural Gas Pipeline
Eiger Express Pipeline to Provide Natural Gas Transportation Solution for Growing Permian Basin Production TULSA, Okla. , Aug. 25, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE), WhiteWater, MPLX LP (NY...
Eiger Express Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region
AUSTIN, Texas , Aug. 25, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), ONEOK, Inc. (NYSE: OKE) and Enbridge Inc. (NYSE: ENB), through their Matterhorn joint ve...
MPLX LP announces election of new director
FINDLAY, Ohio , Aug. 25, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that Ray N. Walker, Jr. has been elected to the board of directors of MPLX GP LLC, the general partner of MPLX, effec...
Top Wall Street analysts favor these 3 dividend stocks for steady returns
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including EOG Resources and Home Depot.
MPLX: Growing Almost 8% Distribution In A Strong Package
MPLX LP has an impressive portfolio of assets which the northwest midstream acquisition helps to cement. The company is a major player in the Permian Basin and growing strength at each step of the val...
My Top 3 MLPs To Invest In
Midstream MLPs are attractive due to industry consolidation, strong free cash flow, and a focus on unitholder returns, despite energy transition concerns. Energy Transfer (ET) offers sector-low valuat...
MPLX: Smart Acquisition Of Northwind Midstream Key For Long-Term Growth
Northwind Midstream acquisition will boost MPLX's efforts to develop the integrated NGL value chain, expand its global reach, and meet rising demands for NGL. The global NGL market is projected to exp...
My 2 Favorite MLPs For Elite Income And Growth
I maintain a dividend growth portfolio of 16 stocks and track hundreds more, frequently analyzing MLPs and midstream companies. Ranking stocks is challenging due to differing investor needs; my favori...
MPLX Remains A Top Shelf Pick In The Midstream/Pipeline Space
MPLX LP remains a 'buy' due to its stable cash flows, low leverage, and attractive valuation relative to peers. Despite recent underperformance versus the S&P 500, MPLX has delivered strong long-term ...