MPLX LP (MPLX)
Market Cap | 51.81B |
Revenue (ttm) | 11.49B |
Net Income (ttm) | 4.30B |
Shares Out | 1.02B |
EPS (ttm) | 4.21 |
PE Ratio | 12.08 |
Forward PE | 11.22 |
Dividend | $3.83 (7.53%) |
Ex-Dividend Date | Aug 8, 2025 |
Volume | 1,580,287 |
Open | 49.92 |
Previous Close | 49.82 |
Day's Range | 49.89 - 50.90 |
52-Week Range | 42.29 - 54.87 |
Beta | 0.70 |
Analysts | Buy |
Price Target | 55.89 (+9.93%) |
Earnings Date | Nov 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]
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 $55.89, which is an increase of 9.93% from the latest price.
News

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...

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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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...

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...

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...

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...

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...

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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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...

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MPLX Remains A Top Shelf Pick In The Midstream/Pipeline Space
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7.5%+ Yield And 12.5% Growth - Buy MPLX's Post Q2 Dip
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MPLX: Strong Financials And Strategic Acquisitions Support Buy Rating
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