MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
49.70
-0.15 (-0.30%)
At close: Aug 13, 2025, 4:00 PM
49.70
0.00 (0.00%)
After-hours: Aug 13, 2025, 6:30 PM EDT
-0.30%
Market Cap 50.67B
Revenue (ttm) 11.49B
Net Income (ttm) 4.30B
Shares Out 1.02B
EPS (ttm) 4.21
PE Ratio 11.80
Forward PE 10.89
Dividend $3.83 (7.70%)
Ex-Dividend Date Aug 8, 2025
Volume 1,424,251
Open 49.85
Previous Close 49.85
Day's Range 49.40 - 49.89
52-Week Range 39.95 - 54.87
Beta 0.67
Analysts Buy
Price Target 55.63 (+11.93%)
Earnings Date Aug 5, 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]

Sector Energy
IPO Date Oct 26, 2012
Employees 5,560
Stock Exchange NYSE
Ticker Symbol MPLX
Full Company Profile

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 Statements

Analyst Forecast

According to 8 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $55.63, which is an increase of 11.93% from the latest price.

Price Target
$55.63
(11.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MPLX LP prices $4.5 billion senior notes offering

FINDLAY, Ohio , Aug. 7, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $4.5 billion in aggregate principal amount of unsecured senior notes in an underwritten public offe...

6 days ago - PRNewsWire

MPLX LP Common Units (MPLX) Q2 2025 Earnings Conference Call Transcript

MPLX LP Common Units (NYSE:MPLX) Q2 2025 Earnings Call August 5, 2025 9:30 AM ET Company Participants Carl Kristopher Hagedorn - Executive VP, CFO & Director of MPLX GP LLC David R. Heppner - Senior ...

8 days ago - Seeking Alpha

MPLX LP Reports Second-Quarter 2025 Financial Results

FINDLAY, Ohio , Aug. 5, 2025 /PRNewswire/ -- Announced Northwind Midstream acquisition for $2.375 billion enhances Permian Natural Gas and NGL value chain and accelerates future growth opportunities S...

Other symbols: MPC
8 days ago - PRNewsWire

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8.5% (August 2025)

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filter...

11 days ago - Seeking Alpha

Five Point Infrastructure Announces the Sale of Northwind Midstream to MPLX LP

HOUSTON--(BUSINESS WIRE)--Five Point Infrastructure LLC (“Five Point”) today announced that it has entered into a definitive agreement to sell Northwind Delaware Holdings LLC (“Northwind” or the “Comp...

12 days ago - Business Wire

MPLX to Buy Northwind Midstream for $2.38 Billion

The midstream energy-and-logistics business will gain PE-backed Northwind's portfolio of over 200,000 acres and more than 200 miles of gathering pipelines as part of the deal.

13 days ago - WSJ

MPLX LP to Acquire Northwind Midstream, Enhancing Permian Natural Gas and NGL Value Chains

FINDLAY, Ohio , July 31, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has entered into a definitive agreement to acquire Northwind Delaware Holdings LLC (Northwind Midstream) for $2.37...

13 days ago - PRNewsWire

Five Point Infrastructure in talks to sell Northwind Midstream to MPLX, Bloomberg News reports

Five Point Infrastructure is in talks to sell Northwind Midstream Partners LLC for about $2.3 billion to MPLX , Bloomberg News reported on Wednesday, citing people familiar with the matter.

14 days ago - Reuters

MPLX LP Announces Quarterly Distribution

FINDLAY, Ohio , July 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 second...

15 days ago - PRNewsWire

3-Bucket System For $5,000 Monthly Income, For Early Retirees

The S&P 500 provides a meager 1.2% yield, besides a roller-coaster ride on a regular basis. It may be a reasonably good investment for younger investors when they are in their prime accumulation phase...

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Graham All Star Value (GASV) strategy identifies top dividend 'dogs' offering high yield and fair pricing, using YCharts' large cap value and Ben Graham screens. Analyst projections suggest the top te...

19 days ago - Seeking Alpha

MPLX: Income Powerhouse That's Poised To Profit

MPLX offers a 'sleep well at night' investment with durable, fee-based cash flows and a strong strategic relationship with Marathon Petroleum. Recent robust results, ongoing expansions, and accretive ...

27 days ago - Seeking Alpha

2 Big Reasons Why I Like MPLX More Than Energy Transfer

ET and MPLX are blue-chip midstream MLPs. Both offer well-covered, nearly 8% yields, inflation-beating growth, and strong balance sheets. I share 2 important reasons why MPLX is a better buy than ET t...

Other symbols: ET
27 days ago - Seeking Alpha

MPLX Is Transitioning To Gain A Better Footing In An Ever-Changing Energy Industry

MPLX remains a strong buy due to robust Q1 results, high distribution yield, and strategic expansion in natural gas and NGL infrastructure. The company's fixed-fee contracts and close ties with Marath...

27 days ago - Seeking Alpha

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5 weeks ago - Seeking Alpha

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Income investing is attractive now as high-yield stocks offer cash flow and downside protection amid frothy growth stock valuations. I highlight two companies that carry competitive advantages and str...

Other symbols: CSWC
5 weeks ago - Seeking Alpha

MPLX: The Window Of Opportunity Remains Compelling

MPLX offers lower volatility than E&P peers, thanks to long-term contracts and stable cash flows, especially with Marathon Petroleum as a key customer. Growth is expected to be driven by projects in n...

6 weeks ago - Seeking Alpha

This Changes Everything: One Of The Most Important Shifts For Dividend Investors

Inflation isn't just back, it's becoming policy. From skewed CPI data to deficit-driven dollar moves, we're entering a new and lasting macro era. The U.S. may now prefer higher inflation to fix its ba...

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I discuss the keys to building a successful high-yield dividend growth portfolio. I share the key sectors to include. I also share some of the best funds and individual stocks for building a portfolio...

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17 Ideal 'Safer' Dividend Dogs To Buy Out Of 72 June Graham Value All-Stars

I use YCharts' Value Score and Ben Graham Formula Value All Stars, or GASV, to identify large-cap stocks offering strong value and dividend safety. Seventeen out of twenty-four "safer" lowest-priced D...

7 weeks ago - Seeking Alpha

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Building a portfolio of dividend machines is a great way to fund a retirement. I share two types of stocks that I would bet my retirement on. I share some of my top dividend income picks of the moment...

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Retirement income investments usually demand higher valuations for safety, cash flow, and inflation protection, similar to paying more for comprehensive insurance. Many retirees face a gap between inc...

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2 months ago - Seeking Alpha

MPLX: A High Quality And Cheap Distribution Growth Play

MPLX remains a top midstream pick, due to strong distribution growth, robust coverage, and strategic expansion in the Permian Basin. The full acquisition and planned expansion of the BANGL pipeline ar...

2 months ago - Seeking Alpha