MPLX LP (MPLX)
Market Cap | 49.77B |
Revenue (ttm) | 11.49B |
Net Income (ttm) | 4.30B |
Shares Out | 1.02B |
EPS (ttm) | 4.21 |
PE Ratio | 11.60 |
Forward PE | 10.89 |
Dividend | $3.83 (7.83%) |
Ex-Dividend Date | Aug 8, 2025 |
Volume | 1,392,932 |
Open | 49.00 |
Previous Close | 49.10 |
Day's Range | 48.40 - 49.07 |
52-Week Range | 43.53 - 54.87 |
Beta | 0.63 |
Analysts | Buy |
Price Target | 55.89 (+14.44%) |
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 14.44% from the latest price.
News

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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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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
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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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