MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
50.77
-0.05 (-0.10%)
Oct 28, 2025, 4:00 PM EDT - Market closed
-0.10%
Market Cap51.74B
Revenue (ttm)11.49B
Net Income (ttm)4.30B
Shares Out 1.02B
EPS (ttm)4.21
PE Ratio12.06
Forward PE11.47
Dividend$3.83 (7.54%)
Ex-Dividend DateAug 8, 2025
Volume1,280,115
Open50.82
Previous Close50.82
Day's Range50.51 - 50.84
52-Week Range43.54 - 54.87
Beta0.63
AnalystsStrong Buy
Price Target57.50 (+13.26%)
Earnings DateNov 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]

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 Summary

According to 8 analysts, the average rating for MPLX stock is "Strong Buy." The 12-month stock price target is $57.5, which is an increase of 13.26% from the latest price.

Price Target
$57.5
(13.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

17 hours ago - PRNewsWire

8.5%+ Yields: Why Western Midstream Is A Better Buy Than MPLX Today

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2 days ago - Seeking Alpha

MPLX: Compelling Upside And Yield

MPLX LP (MPLX) remains a Strong Buy, offering a 7.7% forward distribution yield and significant upside based on DDM valuation. MPLX's fundamentals are intact, with improved cash from operations and st...

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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...

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MPLX: Buy This High Yield While It's At A Discount

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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...

6 weeks 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.

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2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire