MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
55.90
0.00 (0.00%)
At close: Apr 2, 2026, 4:00 PM EDT
55.86
-0.04 (-0.07%)
Pre-market: Apr 6, 2026, 7:28 AM EDT
Market Cap56.75B +2.1%
Revenue (ttm)11.82B +6.4%
Net Income4.91B +13.8%
EPS4.82 +14.7%
Shares Out 1.02B
PE Ratio11.60
Forward PE12.28
Dividend$4.31 (7.70%)
Ex-Dividend DateFeb 9, 2026
Volume2,035,518
Open56.25
Previous Close55.90
Day's Range55.05 - 56.50
52-Week Range44.60 - 59.98
Beta0.54
AnalystsBuy
Price Target61.56 (+10.13%)
Earnings DateMay 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]

Sector Energy
IPO Date Oct 26, 2012
Employees 5,762
Stock Exchange NYSE
Ticker Symbol MPLX
Full Company Profile

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 Statements

Analyst Summary

According to 10 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $61.56, which is an increase of 10.13% from the latest price.

Price Target
$61.56
(10.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

13 days ago - PRNewsWire

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...

20 days ago - PRNewsWire

Top Wall Street analysts recommend these dividend stocks for enhanced returns

TipRanks names three stocks with dividends that analysts believe can bolster investors' portfolios.

Other symbols: ETWMB
5 weeks ago - CNBC

6 High-Yield Energy Stocks Paying Up To 14.8%

“Time out.” I yelled it with a hint of disgust.

Other symbols: EPDETKRPMNRNAT
5 weeks ago - Forbes

MPLX LP files 2025 Form 10-K

FINDLAY, Ohio, Feb. 26, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended Dec. 31, 2025. The fili...

5 weeks ago - PRNewsWire

MPLX LP prices $1.5 billion senior notes offering

FINDLAY, Ohio, Feb. 5, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $1.5 billion in aggregate principal amount of unsecured senior notes in an underwritten public offer...

2 months ago - PRNewsWire

MPLX LP Reports Fourth-Quarter and Full-Year 2025 Results

FINDLAY, Ohio, Feb. 3, 2026 /PRNewswire/ -- Full-year 2025 net income attributable to MPLX of $4.9 billion and adjusted EBITDA of $7.0 billion Full-year 2025 growth investments of $5.5 billion and cap...

Other symbols: MPC
2 months ago - PRNewsWire

MPLX LP Announces Quarterly Distribution

FINDLAY, Ohio, Jan. 29, 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 fourth ...

2 months ago - PRNewsWire

MPLX LP to Report Fourth-Quarter and Full-Year Financial Results on February 3, 2026

FINDLAY, Ohio, Jan. 5, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, February 3, 2026, at 9:30 a.m. EST to discuss 2025 fourth-quarter and full-year financial resul...

3 months ago - PRNewsWire

Top Wall Street analysts recommend these dividend stocks for stable income

TipRanks' ranking service discusses three dividend-paying stocks, including ConocoPhillips and International Business Machines.

Other symbols: COPIBM
4 months ago - CNBC

HARVEST MIDSTREAM CLOSES $1 BILLION ROCKIES ACQUISITION FROM MPLX

HOUSTON , Nov. 13, 2025 /PRNewswire/ -- Harvest Midstream ("Harvest") has closed its previously announced $1 billion acquisition from MPLX LP (NYSE: MPLX), adding an extensive natural gas gathering an...

5 months ago - PRNewsWire

MPLX and MARA Announce Collaboration on Integrated Power Generation and Data Center Campuses in West Texas

FINDLAY, Ohio , Nov. 4, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) and MARA Holdings, Inc. (NASDAQ: MARA) announce the signing of a letter of intent (LOI) for MPLX to facilitate supply of natural gas t...

Other symbols: MARA
5 months ago - PRNewsWire

MPLX Elects Maryann T. Mannen as Chairman of the Board

FINDLAY, Ohio , Nov. 4, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of the general partner of MPLX has elected Maryann T. Mannen, president and chief executiv...

5 months ago - PRNewsWire

MPLX LP Reports Third-Quarter 2025 Financial Results; Announces Increase to Quarterly Distribution of 12.5%

FINDLAY, Ohio , Nov. 4, 2025 /PRNewswire/ -- Increased quarterly distribution 12.5% for the second consecutive year, to $4.31 per unit annualized Third-quarter net income attributable to MPLX of $1.5 ...

Other symbols: MPC
5 months ago - PRNewsWire

MPLX LP Increases Quarterly Distribution

FINDLAY, Ohio , Oct. 28, 2025 /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 third ...

5 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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.

7 months ago - PRNewsWire

Final Trades: Netflix, Amazon, MPLX and Valero Energy

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: AMZNNFLXVLO
7 months ago - CNBC Television

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - Reuters

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...

Other symbols: ENBOKE
8 months ago - PRNewsWire

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...

Other symbols: ENBOKE
8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire