MPLX LP (MPLX)
| Market Cap | 51.77B |
| Revenue (ttm) | 11.13B |
| Net Income (ttm) | 4.28B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.21 |
| PE Ratio | 12.03 |
| Forward PE | 11.01 |
| Dividend | $3.83 (7.56%) |
| Ex-Dividend Date | May 9, 2025 |
| Volume | 1,869,223 |
| Open | 51.61 |
| Previous Close | 51.87 |
| Day's Range | 50.60 - 51.61 |
| 52-Week Range | 39.84 - 54.87 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 54.67 (+7.98%) |
| 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 $54.67, which is an increase of 7.98% from the latest price.
News
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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...
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AUSTIN, Texas , April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB), through the WPC joint venture ("WPC"), have partnered wit...
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MPLX LP 2024 K-1 tax packages now available on company website
FINDLAY, Ohio , March 17, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2024 investor tax packages are now available on its website, www.mplx.com. Investors may select t...
MPLX Might Become The Best Compounder Among MLPs
MPLX, formed by Marathon Petroleum, has grown into a major midstream player with strong profitability metrics and a significant presence in natural gas, NGLs, and crude oil. The company's "NGL wellhea...
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MPLX LP to Report First-Quarter Results on May 6, 2025
FINDLAY, Ohio , March 10, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, May 6, 2025, at 9:30 a.m. EDT to discuss 2025 first-quarter financial results.
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MPLX LP prices $2.0 billion senior notes offering
FINDLAY, Ohio , March 3, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $2.0 billion in aggregate principal amount of unsecured senior notes in an underwritten public off...
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