MPLX LP (MPLX)
| Market Cap | 51.64B |
| Revenue (ttm) | 11.49B |
| Net Income (ttm) | 4.30B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.21 |
| PE Ratio | 12.04 |
| Forward PE | 11.10 |
| Dividend | $3.83 (7.55%) |
| Ex-Dividend Date | Aug 8, 2025 |
| Volume | 275,273 |
| Open | 50.52 |
| Previous Close | 50.48 |
| Day's Range | 50.52 - 50.88 |
| 52-Week Range | 41.83 - 54.87 |
| Beta | 0.67 |
| Analysts | Buy |
| Price Target | 56.11 (+10.74%) |
| Earnings Date | Aug 5, 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 Summary
According to 9 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $56.11, which is an increase of 10.74% from the latest price.
News
MPLX: Smart Acquisition Of Northwind Midstream Key For Long-Term Growth
Northwind Midstream acquisition will boost MPLX's efforts to develop the integrated NGL value chain, expand its global reach, and meet rising demands for NGL. The global NGL market is projected to exp...
My 2 Favorite MLPs For Elite Income And Growth
I maintain a dividend growth portfolio of 16 stocks and track hundreds more, frequently analyzing MLPs and midstream companies. Ranking stocks is challenging due to differing investor needs; my favori...
MPLX Remains A Top Shelf Pick In The Midstream/Pipeline Space
MPLX LP remains a 'buy' due to its stable cash flows, low leverage, and attractive valuation relative to peers. Despite recent underperformance versus the S&P 500, MPLX has delivered strong long-term ...
7.5%+ Yield And 12.5% Growth - Buy MPLX's Post Q2 Dip
MPLX recently pulled back fairly sharply following the release of its Q2 results. I think this presents unitholders with a compelling buying opportunity. I discuss why the market is selling off MPLX u...
MPLX: Strong Financials And Strategic Acquisitions Support Buy Rating
MPLX demonstrates continuous expansion through strategic acquisitions and organic growth and its strong dividend payment policy (7.65% yield). The stock price has increased by 150% during the last fiv...
MPLX Is A Distribution Growth Machine That Can Go Higher
MPLX is a top pick for income investors, offering a 7.65% yield and a decade-long track record of distribution growth. Strategic acquisitions and organic growth projects position MPLX for continued pr...
Wall Street's Most Accurate Analysts Give Their Take On 3 Defensive Stocks Delivering High-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...
MPLX LP prices $4.5 billion senior notes offering
FINDLAY, Ohio , Aug. 7, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $4.5 billion in aggregate principal amount of unsecured senior notes in an underwritten public offe...
MPLX LP Common Units (MPLX) Q2 2025 Earnings Conference Call Transcript
MPLX LP Common Units (NYSE:MPLX) Q2 2025 Earnings Call August 5, 2025 9:30 AM ET Company Participants Carl Kristopher Hagedorn - Executive VP, CFO & Director of MPLX GP LLC David R. Heppner - Senior ...
MPLX LP Reports Second-Quarter 2025 Financial Results
FINDLAY, Ohio , Aug. 5, 2025 /PRNewswire/ -- Announced Northwind Midstream acquisition for $2.375 billion enhances Permian Natural Gas and NGL value chain and accelerates future growth opportunities S...
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8.5% (August 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...
Five Point Infrastructure Announces the Sale of Northwind Midstream to MPLX LP
HOUSTON--(BUSINESS WIRE)--Five Point Infrastructure LLC (“Five Point”) today announced that it has entered into a definitive agreement to sell Northwind Delaware Holdings LLC (“Northwind” or the “Comp...
MPLX to Buy Northwind Midstream for $2.38 Billion
The midstream energy-and-logistics business will gain PE-backed Northwind's portfolio of over 200,000 acres and more than 200 miles of gathering pipelines as part of the deal.
MPLX LP to Acquire Northwind Midstream, Enhancing Permian Natural Gas and NGL Value Chains
FINDLAY, Ohio , July 31, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has entered into a definitive agreement to acquire Northwind Delaware Holdings LLC (Northwind Midstream) for $2.37...
Five Point Infrastructure in talks to sell Northwind Midstream to MPLX, Bloomberg News reports
Five Point Infrastructure is in talks to sell Northwind Midstream Partners LLC for about $2.3 billion to MPLX , Bloomberg News reported on Wednesday, citing people familiar with the matter.
MPLX LP Announces Quarterly Distribution
FINDLAY, Ohio , July 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 second...
3-Bucket System For $5,000 Monthly Income, For Early Retirees
The S&P 500 provides a meager 1.2% yield, besides a roller-coaster ride on a regular basis. It may be a reasonably good investment for younger investors when they are in their prime accumulation phase...
16 Ideal 'Safer' Dividend Dogs To Buy From 70 July Graham Value All-Stars (GVAS)
Graham All Star Value (GASV) strategy identifies top dividend 'dogs' offering high yield and fair pricing, using YCharts' large cap value and Ben Graham screens. Analyst projections suggest the top te...
MPLX: Income Powerhouse That's Poised To Profit
MPLX offers a 'sleep well at night' investment with durable, fee-based cash flows and a strong strategic relationship with Marathon Petroleum. Recent robust results, ongoing expansions, and accretive ...
2 Big Reasons Why I Like MPLX More Than Energy Transfer
ET and MPLX are blue-chip midstream MLPs. Both offer well-covered, nearly 8% yields, inflation-beating growth, and strong balance sheets. I share 2 important reasons why MPLX is a better buy than ET t...
MPLX Is Transitioning To Gain A Better Footing In An Ever-Changing Energy Industry
MPLX remains a strong buy due to robust Q1 results, high distribution yield, and strategic expansion in natural gas and NGL infrastructure. The company's fixed-fee contracts and close ties with Marath...
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 9% (July 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...
I'm Buying Income Machines With 7-11% Yields
Income investing is attractive now as high-yield stocks offer cash flow and downside protection amid frothy growth stock valuations. I highlight two companies that carry competitive advantages and str...
MPLX: The Window Of Opportunity Remains Compelling
MPLX offers lower volatility than E&P peers, thanks to long-term contracts and stable cash flows, especially with Marathon Petroleum as a key customer. Growth is expected to be driven by projects in n...
This Changes Everything: One Of The Most Important Shifts For Dividend Investors
Inflation isn't just back, it's becoming policy. From skewed CPI data to deficit-driven dollar moves, we're entering a new and lasting macro era. The U.S. may now prefer higher inflation to fix its ba...