MPLX LP (MPLX)
| Market Cap | 52.93B |
| Revenue (ttm) | 11.38B |
| Net Income (ttm) | 4.42B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.33 |
| PE Ratio | 11.98 |
| Forward PE | 11.35 |
| Dividend | $3.83 (7.29%) |
| Ex-Dividend Date | Aug 8, 2025 |
| Volume | 1,331,610 |
| Open | 52.55 |
| Previous Close | 52.50 |
| Day's Range | 51.60 - 52.55 |
| 52-Week Range | 39.95 - 54.87 |
| Beta | 0.67 |
| Analysts | Buy |
| Price Target | 55.63 (+7.29%) |
| 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 8 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $55.63, which is an increase of 7.29% from the latest price.
News
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...
Invest $100,000 For A 7%-Yielding Inflation-Resilient Dividend Growth Portfolio
I discuss the keys to building a successful high-yield dividend growth portfolio. I share the key sectors to include. I also share some of the best funds and individual stocks for building a portfolio...
17 Ideal 'Safer' Dividend Dogs To Buy Out Of 72 June Graham Value All-Stars
I use YCharts' Value Score and Ben Graham Formula Value All Stars, or GASV, to identify large-cap stocks offering strong value and dividend safety. Seventeen out of twenty-four "safer" lowest-priced D...
Dividend Stocks I Would Bet My Retirement On
Building a portfolio of dividend machines is a great way to fund a retirement. I share two types of stocks that I would bet my retirement on. I share some of my top dividend income picks of the moment...
Dividend Bargains Too Good For Retirees To Ignore
Retirement income investments usually demand higher valuations for safety, cash flow, and inflation protection, similar to paying more for comprehensive insurance. Many retirees face a gap between inc...
What I Wish I Knew Before Buying BDCs, REITs, And MLPs
BDCs, REITs, and MLPs offer attractive, sustainable yields due to pass-through structures and stable cash flow profiles. However, each of these sectors has its own unique quirks. I discuss several of ...
I'm Locking 7-8% Yields For Future Retirement Income
I prefer high-yielding dividend stocks that enable me to redeploy cash at regular intervals. I highlight 2 such undervalued names that are poised to deliver potentially strong returns. Both have stron...
MPLX: A High Quality And Cheap Distribution Growth Play
MPLX remains a top midstream pick, due to strong distribution growth, robust coverage, and strategic expansion in the Permian Basin. The full acquisition and planned expansion of the BANGL pipeline ar...
Two Alternatives For A Potential $5000 Monthly Income
Traditionally, a large portion of equity returns has come from two factors - reinvested dividends and compounding. We present two income-focused approaches: a fund-based portfolio for hands-off invest...
Retirement Yield Trap Or Treasure? 1 Stock To Sell, 1 To Buy
Retirement income investing and high-yields are not mutually exclusive. In fact, I could see a case for building a prudent portfolio that consists of 7%+ yielding securities. Yet, there is a merit of ...
Rapidly Growing 7%+ Yield: My Favorite High-Yield Fund Today
It is rare to find a fund that combines high yield, high growth, no leverage, and strong underlying quality. I share my favorite fund that checks all of these boxes. I also share how to position it in...
Fortress Income: 7-11% Yields To Make Money While You Sleep
Buying right and holding tight can be a winning investment strategy over in-vogue short-term strategies. EPD has strong fee-based earnings, strong balance sheet, and growth projects coming online, off...