MPLX LP (MPLX)
| 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]
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 StatementsAnalyst 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.
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.
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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...
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...
MPLX LP Remains A Top-Tier Pick
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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...
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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,...
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...
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...
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.
9-14% Blue-Chip Dividend Yields: 2 To Buy And 1 To Sell
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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...
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 9% (May 2025)
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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...
MPLX: A Must-Have Addition For Income-Focused Portfolios
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MPLX: Why I Can't Go Pass This Income Compounder
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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 ...
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