MPLX LP (MPLX)
| Market Cap | 56.75B +2.1% |
| Revenue (ttm) | 11.82B +6.4% |
| Net Income | 4.91B +13.8% |
| EPS | 4.82 +14.7% |
| Shares Out | 1.02B |
| PE Ratio | 11.60 |
| Forward PE | 12.28 |
| Dividend | $4.31 (7.70%) |
| Ex-Dividend Date | Feb 9, 2026 |
| Volume | 2,035,518 |
| Open | 56.25 |
| Previous Close | 55.90 |
| Day's Range | 55.05 - 56.50 |
| 52-Week Range | 44.60 - 59.98 |
| Beta | 0.54 |
| Analysts | Buy |
| Price Target | 61.56 (+10.13%) |
| Earnings Date | May 5, 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 10 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $61.56, which is an increase of 10.13% from the latest price.
News
MPLX LP to Report First-Quarter Results on May 5, 2026
FINDLAY, Ohio, March 23, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, May 5, 2026, at 9:30 a.m. EDT to discuss 2026 first-quarter financial results.
MPLX LP 2025 K-1 tax packages now available on company website
FINDLAY, Ohio, March 17, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2025 investor tax packages are now available on its website, www.mplx.com. Investors may select th...
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MPLX LP files 2025 Form 10-K
FINDLAY, Ohio, Feb. 26, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended Dec. 31, 2025. The fili...
MPLX LP prices $1.5 billion senior notes offering
FINDLAY, Ohio, Feb. 5, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $1.5 billion in aggregate principal amount of unsecured senior notes in an underwritten public offer...
MPLX LP Reports Fourth-Quarter and Full-Year 2025 Results
FINDLAY, Ohio, Feb. 3, 2026 /PRNewswire/ -- Full-year 2025 net income attributable to MPLX of $4.9 billion and adjusted EBITDA of $7.0 billion Full-year 2025 growth investments of $5.5 billion and cap...
MPLX LP Announces Quarterly Distribution
FINDLAY, Ohio, Jan. 29, 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 fourth ...
MPLX LP to Report Fourth-Quarter and Full-Year Financial Results on February 3, 2026
FINDLAY, Ohio, Jan. 5, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, February 3, 2026, at 9:30 a.m. EST to discuss 2025 fourth-quarter and full-year financial resul...
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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...
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...
MPLX LP Reports Third-Quarter 2025 Financial Results; Announces Increase to Quarterly Distribution of 12.5%
FINDLAY, Ohio , Nov. 4, 2025 /PRNewswire/ -- Increased quarterly distribution 12.5% for the second consecutive year, to $4.31 per unit annualized Third-quarter net income attributable to MPLX of $1.5 ...
MPLX LP Increases Quarterly Distribution
FINDLAY, Ohio , Oct. 28, 2025 /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 third ...
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...
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...
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...
