MPLX LP (MPLX)
| Market Cap | 49.98B |
| Revenue (ttm) | 11.38B |
| Net Income (ttm) | 4.41B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.33 |
| PE Ratio | 11.29 |
| Forward PE | 10.72 |
| Dividend | $3.83 (7.83%) |
| Ex-Dividend Date | May 9, 2025 |
| Volume | 845,837 |
| Open | 50.20 |
| Previous Close | 49.12 |
| Day's Range | 48.72 - 50.20 |
| 52-Week Range | 39.84 - 54.87 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 54.67 (+11.85%) |
| Earnings Date | May 6, 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 forecast is $54.67, which is an increase of 11.85% from the latest price.
News
From Overlooked To Outperforming: The Rise Of Two 9% Dividend Titans
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2 Of My Favorite Dividend Stocks Paying 7% And 8%
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I Squared, Enbridge and MPLX to acquire majority stake in Matterhorn natgas pipeline
Infrastructure investment firm I Squared, midstream company MPLX LP , and pipeline operator Enbridge Inc have entered an agreement to acquire up to 85% interest in the Matterhorn Express gas pipeline,...
I Squared, MPLX, and Enbridge to Acquire Interests in Matterhorn Express Pipeline
AUSTIN, Texas , May 6, 2025 /PRNewswire/ -- I Squared, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB) jointly announce they have entered into a definitive agreement to acquire equity interests in...
MPLX LP (MPLX) Q1 2025 Earnings Call Transcript
MPLX LP (NYSE:MPLX) Q1 2025 Earnings Conference Call May 6, 2025 9:30 AM ET Company Participants Kristina Kazarian - Vice President Finance and IR Maryann Mannen - President and CEO Kris Hagedorn - C...
MPLX's reports Q1 profit rise on higher volumes, expects minimal tariff impact
U.S. midstream company MPLX on Tuesday reported a rise in quarterly earnings helped by higher volumes and transportation rates and said it expects minimal impact from tariffs on its operations.
9-14% Blue-Chip Dividend Yields: 2 To Buy And 1 To Sell
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MPLX LP Reports First-Quarter 2025 Financial Results
FINDLAY, Ohio , May 6, 2025 /PRNewswire/ -- Executing Natural Gas & NGL growth strategy with agreement to acquire 100% ownership in BANGL, LLC and FID of the Traverse natural gas pipeline First-quarte...
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 9% (May 2025)
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MPLX LP Announces Quarterly Distribution
FINDLAY, Ohio , April 29, 2025 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the first...
MPLX: A Must-Have Addition For Income-Focused Portfolios
MPLX represents a solid investment opportunity for the medium to long term, with a 7.2% dividend yield and total return exceeding 420%. MPLX stock demonstrates a steady upward movement, which surpasse...
MPLX: Why I Can't Go Pass This Income Compounder
MPLX is one of the strongest income compounders in the MLP space. It has also managed the recent volatility very well, outperforming the sector on a YTD basis by a decent margin. Currently, MPLX trade...
Forget Gold, Buy Dividends - 3 Great Places To Buy Income
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Out Of 70 Graham Value All-Stars, These 16 'Safer' Stocks Stand Out For April
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MPLX Is A Strong Income Investment With Large Distributions And Growth
MPLX has grown its Adjusted EBITDA and DCF by more than a 6.5% CAGR over the past 3 years which is leading to more growth opportunities. MPLX has several growth projects in the pipeline including the ...
Bargain Yields: 3 Rock-Solid Dividends From 2 REITs And An MLP
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Dividends Over Drama: Here's What Smart Money Is Buying
The "cash trap" isn't a trap at all. It's a strategic advantage. With trillions in money market funds, many investors are waiting for the right time to deploy capital. In volatile markets, a smart str...
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (April 2025)
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A Historic Opportunity For Dividend Investors
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TRAVERSE PIPELINE REACHES FINAL INVESTMENT DECISION TO TRANSPORT NATURAL GAS BETWEEN AGUA DULCE AND THE KATY AREA
AUSTIN, Texas , April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB), through the WPC joint venture ("WPC"), have partnered wit...
Buy These 7-9% Yielding Cash Cows For Retirement Income
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MPLX: 3 Reasons To Buy This MLP
MPLX has high distribution coverage, EBITDA growth, and raised its distribution by more than 12% in FY 2024, making it an attractive midstream investment. The company's $2.0B capital framework for FY ...
2 Dirt-Cheap Dividend Sectors With Massive Tailwinds Investors Are Ignoring
These dividend-paying sectors are priced like they're in crisis — yet fundamentals have never looked stronger. One sector offers extremely compelling combinations of yields and growth. The other secto...
MPLX LP 2024 K-1 tax packages now available on company website
FINDLAY, Ohio , March 17, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2024 investor tax packages are now available on its website, www.mplx.com. Investors may select t...