MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
48.84
-0.26 (-0.53%)
At close: Oct 8, 2025, 4:00 PM EDT
48.86
+0.02 (0.04%)
After-hours: Oct 8, 2025, 7:18 PM EDT
-0.53%
Market Cap49.77B
Revenue (ttm)11.49B
Net Income (ttm)4.30B
Shares Out 1.02B
EPS (ttm)4.21
PE Ratio11.60
Forward PE10.89
Dividend$3.83 (7.83%)
Ex-Dividend DateAug 8, 2025
Volume1,392,932
Open49.00
Previous Close49.10
Day's Range48.40 - 49.07
52-Week Range43.53 - 54.87
Beta0.63
AnalystsBuy
Price Target55.89 (+14.44%)
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 9 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $55.89, which is an increase of 14.44% from the latest price.

Price Target
$55.89
(14.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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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...

27 days 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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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...

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Before The Fed Blinks: 8% Yields That Wall Street Is Sleeping On

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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...

6 weeks 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...

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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...

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MPLX Vs. Enterprise Products: I Love Both, But My Winner Is MPLX

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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...

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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
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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...

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