MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
51.30
+0.27 (0.53%)
At close: Jun 5, 2025, 4:00 PM
51.07
-0.23 (-0.45%)
After-hours: Jun 5, 2025, 7:08 PM EDT
0.53%
Market Cap 52.37B
Revenue (ttm) 11.38B
Net Income (ttm) 4.42B
Shares Out 1.02B
EPS (ttm) 4.33
PE Ratio 11.85
Forward PE 11.16
Dividend $3.83 (7.46%)
Ex-Dividend Date May 9, 2025
Volume 882,058
Open 51.24
Previous Close 51.03
Day's Range 50.98 - 51.54
52-Week Range 39.95 - 54.87
Beta 0.69
Analysts Buy
Price Target 54.33 (+5.91%)
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]

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 9 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price forecast is $54.33, which is an increase of 5.91% from the latest price.

Price Target
$54.33
(5.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MPLX LP to Report Second-Quarter Results on August 5, 2025

FINDLAY, Ohio , June 5, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, August 5, 2025, at 9:30 a.m. EDT to discuss 2025 second-quarter financial results.

2 hours ago - PRNewsWire

Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks With Over 7% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

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12 hours ago - Benzinga

Two 9%+ Yielding MLPs To Buy Before They Get Arbitraged Away

The midstream sector is under pressure. The YTD valuations have dropped across the board. Some, however, have been punished more than others.

Other symbols: AMLPEPDPAAWES
3 days ago - Seeking Alpha

Change Of Distribution Scenery At MPLX (Rating Upgrade)

MPLX's new CEO shifted messaging: distribution growth now tied to long-term EBITDA growth, not excess cash flows, making payout growth less transparent. Management is aggressively pursuing M&A and org...

4 days ago - Seeking Alpha

MPLX: A Compelling Income Growth Stock

MPLX offers stable, fee-based cash flows and a 7.5% yield, with 11 years of distribution growth and strong coverage. Growth is driven by natural gas expansion, strategic acquisitions, and organic proj...

6 days ago - Seeking Alpha

MPLX LP Remains A Top-Tier Pick

MPLX remains a compelling buy due to strong revenue growth, high yield, low leverage, and attractive valuation versus peers. Recent quarterly results show robust expansion in both crude/products logis...

6 days ago - Seeking Alpha

Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS)

I use YCharts' Value Score and Ben Graham Formula to identify large-cap stocks offering strong value relative to profits, assets, and dividends. Eighteen of twenty-four 'safer' lowest-priced Dividend ...

13 days ago - Seeking Alpha

2 Stress-Free High Yields For Retirement And Significant Upside Potential

It is rare to find investments with high yields, strong capital appreciation potential, and relatively low risk. However, there are exceptions to this. We discuss two of these opportunities with yield...

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16 days ago - Seeking Alpha

I Squared Capital to Acquire Stake in Strategic Permian Natural Gas Pipeline Asset

MIAMI--(BUSINESS WIRE)--I Squared Capital, a leading independent global infrastructure investment manager, together with MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB), today announced that it ha...

Other symbols: ENB
21 days ago - Business Wire

From Overlooked To Outperforming: The Rise Of Two 9% Dividend Titans

We have limited visibility on important macro variables. This uncertainty fosters emotional decision-making. For long-term and high-quality investors, it is great news.

Other symbols: ARCCBIZDEPDPAA
24 days ago - Seeking Alpha

2 Of My Favorite Dividend Stocks Paying 7% And 8%

I have traded and studied markets daily since I was 15, evolving from chasing short-term gains to embracing a long-term, big-picture investment approach. Despite market unpredictability and inflation ...

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26 days ago - Seeking Alpha

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,...

Other symbols: ENB
4 weeks ago - Reuters

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...

Other symbols: DVNENB
4 weeks ago - PRNewsWire

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...

4 weeks ago - Seeking Alpha

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.

4 weeks ago - Reuters

9-14% Blue-Chip Dividend Yields: 2 To Buy And 1 To Sell

I love high-yield blue-chip stocks, as they fit in very well with my opportunistic capital recycling strategy. Want a potentially safe double-digit income? These stocks deliver — one does not. One of ...

Other symbols: GBDCPAA
4 weeks ago - Seeking Alpha

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...

Other symbols: MPC
4 weeks ago - PRNewsWire

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 9% (May 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...

Other symbols: ACNADPAESAMHARCCAREBTI
4 weeks ago - Seeking Alpha

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...

5 weeks ago - PRNewsWire

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...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

Forget Gold, Buy Dividends - 3 Great Places To Buy Income

Gold is experiencing a strong rally, with rising demand due to economic uncertainty and market volatility. However, despite its appeal as a safe haven, I prefer dividend stocks over gold. Gold has a l...

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5 weeks ago - Seeking Alpha

Out Of 70 Graham Value All-Stars, These 16 'Safer' Stocks Stand Out For April

The Value Score identifies large-cap stocks offering high intrinsic value relative to their price, helping investors find undervalued companies with strong assets and profits. The Ben Graham Formula h...

Other symbols: BBARBCSBNSCOLBDHTEBFET
6 weeks ago - Seeking Alpha

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 ...

7 weeks ago - Seeking Alpha

Bargain Yields: 3 Rock-Solid Dividends From 2 REITs And An MLP

Markets are volatile, driven by uncertainty. Fake news, tariffs and recession fears fuel swings. Even experts can't call the bottom, so I focus on durable yield. Dividends offer stability when prices ...

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2 months ago - Seeking Alpha