MPLX LP (MPLX)
| Market Cap | 57.30B +12.8% |
| Revenue (ttm) | 11.74B +3.3% |
| Net Income | 4.69B +5.9% |
| EPS | 4.61 +6.8% |
| Shares Out | 1.01B |
| PE Ratio | 12.24 |
| Forward PE | 11.74 |
| Dividend | $4.31 (7.63%) |
| Ex-Dividend Date | May 8, 2026 |
| Volume | 1,793,856 |
| Open | 55.50 |
| Previous Close | 55.62 |
| Day's Range | 55.50 - 56.65 |
| 52-Week Range | 47.80 - 59.98 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 60.71 (+7.51%) |
| Earnings Date | May 5, 2026 |
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 2025, MPLX LP's revenue was $11.82 billion, an increase of 6.35% compared to the previous year's $11.11 billion. Earnings were $4.91 billion, an increase of 14.67%.
Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $60.71, which is an increase of 7.51% from the latest price.
News
MPLX price target lowered to $60 from $62 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MPLX (MPLX) to $60 from $62 and keeps an Equal Weight rating on the shares.
1Q26 MLP/Midstream Dividends: Growth Trend Continues
Key Takeaways: On a year-over-year basis, 96.0% of the Alerian Midstream Energy Index (AMNA) by weighting have grown their dividends. MLPs largely drove sequential growth in payouts for 1Q26, while mo...
MPLX price target raised to $59 from $58 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on MPLX (MPLX) to $59 from $58 and keeps an Overweight rating on the shares. The firm sees an “increasingly constructive…
Mplx Q1 Earnings Call Highlights
Mplx NYSE: MPLX executives said the partnership's 2026 growth story remains weighted toward the second half of the year, as several natural gas and natural gas liquids projects move from construction ...
Marathon Petroleum Corp. names Brian Worthington vice president, Investor Relations; Kristina Kazarian to become vice president, Finance and Treasurer
FINDLAY, Ohio, May 11, 2026 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that Brian Worthington has been named vice president, Investor Relations. Worthington succeeds Kristina...
MPLX price target lowered to $61 from $63 at Wells Fargo
Wells Fargo lowered the firm’s price target on MPLX (MPLX) to $61 from $63 and keeps an Overweight rating on the shares. The firm cites slightly lower Natural Gas and…
MPLX price target lowered to $58 from $59 at Barclays
Barclays lowered the firm’s price target on MPLX (MPLX) to $58 from $59 and keeps an Overweight rating on the shares.
MPLX files automatic mixed securities shelf
16:17 EDT MPLX (MPLX) files automatic mixed securities shelf
MPLX LP Earnings Call Transcript: Q1 2026
Q1 2026 Adjusted EBITDA exceeded $1.7 billion, with major projects ramping up to drive stronger back-half growth and support a 12.5% distribution increase for 2026 and 2027. Segment results were mixed, but robust capital deployment and strategic expansions underpin confidence in sustained mid-single-digit growth.
MPLX LP Earnings release: Q1 2026
MPLX LP released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
MPLX LP Slides: Q1 2026
MPLX LP has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 5, 2026.
MPLX LP Quarterly report: Q1 2026
MPLX LP has published its Q1 2026 quarterly earnings report on May 5, 2026.
MPLX LP Reports First-Quarter 2026 Financial Results
FINDLAY, Ohio, May 5, 2026 /PRNewswire/ -- Delivering mid-single digit growth strategy through expansions of Permian sour gas treating capacity, natural gas and NGL pipelines, and progressing Harmon ...
MPLX LP Announces Quarterly Distribution
FINDLAY, Ohio, April 28, 2026 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $1.0765 per common unit for the first ...
MPLX price target raised to $63 from $55 at Goldman Sachs
Goldman Sachs raised the firm’s price target on MPLX (MPLX) to $63 from $55 and keeps a Buy rating on the shares. The sector has outperformed year to date, driven…
MPLX price target raised to $59 from $55 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on MPLX (MPLX) to $59 from $55 and keeps an Overweight rating on the shares ahead of the Q1 report. MPLX’s…
MPLX price target lowered to $66 from $67 at Truist
Truist analyst Gabe Daoud lowered the firm’s price target on MPLX (MPLX) to $66 from $67 and keeps a Buy rating on the shares. The firm is lowering its Q1…
MPLX initiated with a Buy at Truist
Truist initiated coverage of MPLX (MPLX) with a Buy rating and $67 price target MPLX has expanded its G&P presence in the Permian and Marcellus as its core basins, including…
MPLX LP to Report First-Quarter Results on May 5, 2026
FINDLAY, Ohio, March 23, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, May 5, 2026, at 9:30 a.m. EDT to discuss 2026 first-quarter financial results.
MPLX LP 2025 K-1 tax packages now available on company website
FINDLAY, Ohio, March 17, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2025 investor tax packages are now available on its website, www.mplx.com. Investors may select th...
MPLX price target raised to $73 from $64 at UBS
UBS raised the firm’s price target on MPLX (MPLX) to $73 from $64 and keeps a Buy rating on the shares.
MPLX price target raised to $60 from $58 at JPMorgan
JPMorgan raised the firm’s price target on MPLX (MPLX) to $60 from $58 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q4…
MPLX price target raised to $59 from $57 at Stifel
Stifel raised the firm’s price target on MPLX (MPLX) to $59 from $57 and keeps a Buy rating on the shares. The firm is updating estimates following the release of…
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