MPLX LP (MPLX)
| Market Cap | 59.72B +14.2% |
| Revenue (ttm) | 12.04B +4.8% |
| Net Income | 4.72B +9.7% |
| EPS | 4.65 +10.4% |
| Shares Out | 1.01B |
| PE Ratio | 12.66 |
| Forward PE | 12.73 |
| Dividend | $4.31 (7.32%) |
| Ex-Dividend Date | Aug 7, 2026 |
| Volume | 1,937,945 |
| Open | 58.68 |
| Previous Close | 59.34 |
| Day's Range | 58.53 - 59.56 |
| 52-Week Range | 47.80 - 60.95 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 61.46 (+4.44%) |
| Earnings Date | Aug 4, 2026 |
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 2025, MPLX LP's revenue was $11.82 billion, an increase of 6.35% compared to the previous year's $11.11 billion. Earnings were $4.91 billion, an increase of 14.67%.
Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $61.46, which is an increase of 4.44% from the latest price.
News
Midstream Companies Expand Natural Gas Pipelines as LNG & AI Demand Grows
Several midstream energy companies are expanding their natural gas pipelines through new acquisitions and project developments as they look to capture growing demand for natural gas driven by liquefie...
MPLX price target raised to $63 from $59 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on MPLX (MPLX) to $63 from $59 and keeps an Overweight rating on the shares. The firm adjusted midstream and refining…
MPLX price target raised to $63 from $61 at Wells Fargo
Wells Fargo analyst Praneeth Satish raised the firm’s price target on MPLX (MPLX) to $63 from $61 and keeps an Overweight rating on the shares. The firm notes the company…
MPLX LP Earnings Call Transcript: Q2 2026
Adjusted EBITDA grew 5% year-over-year to $1.8 billion in Q2 2026, driven by strong segment performance and project execution. Capital spending was raised to $2.9 billion, with sequential EBITDA growth expected through 2026 and continued 12.5% distribution increases planned.
MPLX LP Earnings release: Q2 2026
MPLX LP released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
MPLX LP Slides: Q2 2026
MPLX LP has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
MPLX LP Quarterly report: Q2 2026
MPLX LP has published its Q2 2026 quarterly earnings report on August 4, 2026.
MPLX LP Reports Second-Quarter 2026 Financial Results
FINDLAY, Ohio, Aug. 4, 2026 /PRNewswire/ -- Executing Natural Gas and NGL value chain growth strategy; Harmon Creek III processing plant beginning operations in August; progressing expansion of Permia...
MPLX downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe Research downgraded MPLX (MPLX) to Peer Perform from Outperform without a price target The firm says its thesis on the shares “has drifted” and is now too dependent on…
MPLX LP Announces Quarterly Distribution
FINDLAY, Ohio, July 28, 2026 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $1.0765 per common unit for the second ...
MPLX LP to Report Second-Quarter Results on August 4, 2026
FINDLAY, Ohio, June 16, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, August 4, 2026, at 9:30 a.m. EDT to discuss 2026 second-quarter financial results.
These 2 stocks pay 7% dividends: analysts say buy them now
Investors are still chasing artificial intelligence winners, but the market mood is not as simple as the trend suggests. Growth stocks remain in demand, while inflation concerns, volatile oil prices a...
MPLX price target lowered to $60 from $62 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MPLX (MPLX) to $60 from $62 and keeps an Equal Weight rating on the shares.
MPLX price target raised to $59 from $58 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on MPLX (MPLX) to $59 from $58 and keeps an Overweight rating on the shares. The firm sees an “increasingly constructive…
Marathon Petroleum Corp. names Brian Worthington vice president, Investor Relations; Kristina Kazarian to become vice president, Finance and Treasurer
FINDLAY, Ohio, May 11, 2026 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that Brian Worthington has been named vice president, Investor Relations. Worthington succeeds Kristina...
MPLX price target lowered to $61 from $63 at Wells Fargo
Wells Fargo lowered the firm’s price target on MPLX (MPLX) to $61 from $63 and keeps an Overweight rating on the shares. The firm cites slightly lower Natural Gas and…
MPLX price target lowered to $58 from $59 at Barclays
Barclays lowered the firm’s price target on MPLX (MPLX) to $58 from $59 and keeps an Overweight rating on the shares.
MPLX files automatic mixed securities shelf
16:17 EDT MPLX (MPLX) files automatic mixed securities shelf
MPLX LP Earnings Call Transcript: Q1 2026
Q1 2026 Adjusted EBITDA exceeded $1.7 billion, with major projects ramping up to drive stronger back-half growth and support a 12.5% distribution increase for 2026 and 2027. Segment results were mixed, but robust capital deployment and strategic expansions underpin confidence in sustained mid-single-digit growth.
MPLX LP Earnings release: Q1 2026
MPLX LP released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
MPLX LP Slides: Q1 2026
MPLX LP has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 5, 2026.
MPLX LP Quarterly report: Q1 2026
MPLX LP has published its Q1 2026 quarterly earnings report on May 5, 2026.
MPLX LP Reports First-Quarter 2026 Financial Results
FINDLAY, Ohio, May 5, 2026 /PRNewswire/ -- Delivering mid-single digit growth strategy through expansions of Permian sour gas treating capacity, natural gas and NGL pipelines, and progressing Harmon ...
MPLX price target raised to $63 from $55 at Goldman Sachs
Goldman Sachs raised the firm’s price target on MPLX (MPLX) to $63 from $55 and keeps a Buy rating on the shares. The sector has outperformed year to date, driven…
MPLX price target raised to $59 from $55 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on MPLX (MPLX) to $59 from $55 and keeps an Overweight rating on the shares ahead of the Q1 report. MPLX’s…