MPLX LP (MPLX)
| Market Cap | 55.45B |
| Revenue (ttm) | 11.63B |
| Net Income (ttm) | 4.81B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.72 |
| PE Ratio | 11.55 |
| Forward PE | 12.32 |
| Dividend | $4.31 (7.90%) |
| Ex-Dividend Date | Nov 7, 2025 |
| Volume | 1,388,081 |
| Open | 55.02 |
| Previous Close | 55.15 |
| Day's Range | 54.30 - 55.30 |
| 52-Week Range | 44.60 - 56.26 |
| Beta | 0.54 |
| Analysts | Buy |
| Price Target | 59.00 (+8.22%) |
| 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 7 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $59.0, which is an increase of 8.22% from the latest price.
News
MPLX: How It Became A Top 2026 Income Play
MPLX LP offers a compelling 7.7% dividend yield, recently increased by 12.5%, appealing to income-focused investors. Recent management actions, including two major deals, position MPLX for growth over...
MPLX: Powering The AI Data Center Boom, Yielding 7.7%
At first glance, MPLX seems like a boring business, but this is far from the truth. The company is currently undergoing a transformation into an "energy provider" for the future. The signing of the fi...
MPLX's Rally Pushed It To A Valuation With Minimal Upside (Rating Downgrade)
MPLX LP is downgraded from very bullish to neutral due to stretched valuation after a significant rally. MPLX trades at the highest multiples in its peer group, with price to EBITDA at 9.55x and price...
MPLX LP: My Favourite Midstream Play Right Now
MPLX LP is rated a Strong Buy, supported by robust distribution growth, a 7.71% yield, and a resilient business model. MPLX's partnership with Marathon Petroleum ensures stable, long-term revenue stre...
MPLX: High Yield Meets Growth In Midstream, Fresh 10-Year High (Upgrade)
MPLX units surged 20% recently, outperforming XLE and SPY on a total return basis. Strong Q3 earnings, growing distributions, and capital deployment support long-term income and growth potential. Tech...
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (December 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...
1 Stock That's Quietly Paying Investors a Monster 7.9% Dividend Yield
All high-yield stocks aren't safe, but MPLX is truly an exception. MPLX just increased its dividend by double-digit percentages.
How Good Has MPLX Stock Actually Been?
MPLX has underperformed the market over the past year on an absolute basis. But when dividend reinvestment is factored in, the company's total one-year returns look much better.
68 Graham Value All-Star (GVAS) November Dividend Dogs Show 27 'Safer' And 17 Ideal Buys
Top ten large-cap value 'GASV dogs' offer projected average net gains of 46.31% by November 2026, with yields from 8.09% to 11.74%. Seventeen of twenty-seven 'safer' lowest-priced GASV stocks are curr...
The Next 3 Years Could Make Or Break Portfolios - Here's My Plan
Investors face two disruptive phases: AI-driven labor market weakness, followed by new industry emergence, requiring strategic portfolio diversification. Favor high-quality stocks and income-generatin...
Top Wall Street analysts recommend these dividend stocks for stable income
TipRanks' ranking service discusses three dividend-paying stocks, including ConocoPhillips and International Business Machines.
This Energy Stock Pays an 8% Dividend (And It's Safe)
MPLX generates more than enough stable cash flow to cover its high-yielding distribution. The MLP also has a rock-solid balance sheet.
This 8% Yield Is Set To Grow By 12%: MPLX
Having just upped its quarterly distribution per unit by 12.5%, MPLX LP is a passive income machine. The partnership has made several recent moves to drive adjusted EBITDA and DCF growth for the fores...
My Most Contrarian Call Yet: Energy Is About To Rewrite Wall Street's Playbook
Energy sector fundamentals are strengthening as both demand and supply are increasingly supported by governments and major organizations, reversing years of pessimism. Oil and natural gas demand is pr...
One Of The Huge Mistakes Dividend Investors Are Making Right Now
The macro data suggest that dividend investors may be in for a rude surprise in the wake of the Fed's rate cuts. Because a major macro shift is underway, the usual assumptions dividend investors make ...
HARVEST MIDSTREAM CLOSES $1 BILLION ROCKIES ACQUISITION FROM MPLX
HOUSTON , Nov. 13, 2025 /PRNewswire/ -- Harvest Midstream ("Harvest") has closed its previously announced $1 billion acquisition from MPLX LP (NYSE: MPLX), adding an extensive natural gas gathering an...
The Best REIT, BDC, And MLP To Retire On
Discover the 3 dividend-paying powerhouses I'd trust to fund a lifetime of passive income. These high-yield investments combine safety, growth, and tax efficiency like few others. Learn why I believe ...
Beyond the Numbers: Midstream 3Q Earnings Highlights
Summary Midstream/MLP earnings results for the third quarter were largely in line with consensus expectations, which had generally come down heading into earnings season. Beyond results, select compan...
Here Are My Top 2 High-Yield Energy Dividend Stocks to Buy Now
The highest-yielding dividends in the energy industry tend to come from pipeline MLPs. Enterprise Products Partners is an MLP with lots of upcoming expansion projects.
My Ultimate Blueprint For The Next 5 Years Of Income Investing
The market's obsessed with AI giants, leaving income investors behind. I'm focusing on what this imbalance means for long-term opportunity. Massive AI spending acts like new-age stimulus, creating rip...
MPLX: Opportunity Knocks After A 12.5% Distribution Increase
MPLX offers a high yield and growth combination that is well suited for long-term investors. Recent share price stagnation discounts the long-term viability of midstream assets and assumes there is no...
This Monster 8.4%-Yielding Dividend Has Plenty of Fuel to Continue Growing
MPLX delivered solid third-quarter financial results. The MLP has continued to secure new expansion projects.
MPLX LP Common Units (MPLX) Q3 2025 Earnings Call Transcript
MPLX LP Common Units ( MPLX) Q3 2025 Earnings Call November 4, 2025 9:30 AM EST Company Participants Kristina Kazarian - Vice President of Finance & Investor Relations - MPLX GP LLC Maryann Mannen - ...
MPLX and MARA Announce Collaboration on Integrated Power Generation and Data Center Campuses in West Texas
FINDLAY, Ohio , Nov. 4, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) and MARA Holdings, Inc. (NASDAQ: MARA) announce the signing of a letter of intent (LOI) for MPLX to facilitate supply of natural gas t...
MPLX Elects Maryann T. Mannen as Chairman of the Board
FINDLAY, Ohio , Nov. 4, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of the general partner of MPLX has elected Maryann T. Mannen, president and chief executiv...