MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
55.70
+0.32 (0.58%)
At close: Feb 11, 2026, 4:00 PM EST
55.84
+0.14 (0.25%)
After-hours: Feb 11, 2026, 7:56 PM EST
Market Cap56.54B +9.2%
Revenue (ttm)11.82B +6.2%
Net Income4.91B +13.8%
EPS4.82 +14.5%
Shares Out 1.02B
PE Ratio11.56
Forward PE12.23
Dividend$4.31 (7.73%)
Ex-Dividend DateFeb 9, 2026
Volume1,154,277
Open55.50
Previous Close55.38
Day's Range55.32 - 55.86
52-Week Range44.60 - 57.16
Beta0.56
AnalystsBuy
Price Target58.29 (+4.65%)
Earnings DateFeb 3, 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]

Sector Energy
IPO Date Oct 26, 2012
Employees 5,560
Stock Exchange NYSE
Ticker Symbol MPLX
Full Company Profile

Financial Performance

In 2025, MPLX LP's revenue was $11.82 billion, an increase of 6.16% compared to the previous year's $11.13 billion. Earnings were $4.91 billion, an increase of 14.74%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $58.29, which is an increase of 4.65% from the latest price.

Price Target
$58.29
(4.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MPLX: Locking In Hefty Yield While AI Bubble Fears Mount

MPLX remains a 'Strong buy' due to robust fundamentals, attractive valuation, and a nearly 8% forward distribution yield. Capital allocation is heavily focused on natural gas and NGL projects, positio...

15 hours ago - Seeking Alpha

6%-8% Yields: 2 Of The Best Retirement Income Machines

High yield is easy; sustaining it is the real challenge. Two overlooked income machines quietly solve a major retirement problem. Why inflation may matter far less than most investors think.

1 day ago - Seeking Alpha

High-Yield Wreck Your Retirement? Here Is Your Path To Recovery

The yield that looks safe today may be your biggest long-term risk. Dividend cuts can be more damaging than market pullbacks. A better income strategy most retirees overlook.

2 days ago - Seeking Alpha

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (February 2026)

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...

Other symbols: ADPAEGARCCCAGCMEKMBLYB
4 days ago - Seeking Alpha

14 Ideal 'Safer' Dividend Buys From 29 Of 69 February Graham Value All-Stars (GVAS)

February's top Large Cap Value (GASV) stocks offer 27.69% to 69.77% net gains by February 2027, based on analyst targets. Fourteen of twenty-nine 'safer' lowest-priced GASV 'dogs' are currently buyabl...

5 days ago - Seeking Alpha

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...

6 days ago - PRNewsWire

The Dark Side Of High-Yield Investing Few Retirees Understand

Many retirees invest in high-yielding funds where the income looks irresistible, but the risk is hiding in plain sight. One overlooked factor can quietly destroy long-term retirement income. There is ...

7 days ago - Seeking Alpha

My Dividend Growth Income: January 2026 Update

January delivered a robust 2.47% monthly increase in forward dividend income, reaching $6,442.40 and positioning the portfolio ahead of 2026 growth targets. Initiated a new position in Agree Realty fo...

8 days ago - Seeking Alpha

MPLX LP Common Units (MPLX) Q4 2025 Earnings Call Transcript

MPLX LP Common Units (MPLX) Q4 2025 Earnings Call Transcript

8 days ago - Seeking Alpha

The Only Investing Strategy I'd Trust With My Entire Financial Future

The market feels expensive, risky, and unforgiving. Dividend stocks have consistently underperformed recently. There's a third path most investors miss.

Other symbols: AMLPARCCBBAMBEPBEPCBIP
8 days ago - Seeking Alpha

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...

Other symbols: MPC
8 days ago - PRNewsWire

Why Dividend Stocks Are Essential For What Comes Next

Why Dividend Stocks Are Essential For What Comes Next

Other symbols: AMCAGEPDETKMILLYO
12 days ago - Seeking Alpha

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 ...

13 days ago - PRNewsWire

2 Highest Yielding Quality MLPs To Include In Retirement Portfolios

Midstream MLPs offer high single-digit yields with strong defensive characteristics, making them attractive for retirement income portfolios. The yield-to-risk ratio in MLPs is compelling, even compar...

16 days ago - Seeking Alpha

I'm Betting Big On These 8-10% Yields For Early Retirement

The biggest risk most early retirees completely underestimate. Why these yields look far safer than the market believes. The income strategy that changed how I view retirement planning.

19 days ago - Seeking Alpha

The Best Risk-Adjusted Way To Bet On Energy Right Now

One energy investment is far less risky than investors think. Others look increasingly speculative despite strong headlines. This overlooked high-yielding opportunity keeps quietly compounding cash.

Other symbols: AMLPCNQCVXDKENBEPDICLN
21 days ago - Seeking Alpha

A Golden Buying Opportunity: 7-11% Yields Income Investors Are Missing

Two elite income machines are trading like second-rate assets. A misunderstood inflection point could change everything. The market panic may be creating a rare gift for income investors.

Other symbols: AMLPBIZDEPDGBDCSPYDXLE
22 days ago - Seeking Alpha

The One Data Point That Changed My Dividend Growth Strategy

A long-held dividend investing assumption just quietly broke down. One overlooked sector is rewriting the rules on yield and growth. This shift completely changed how I allocate my capital.

27 days ago - Seeking Alpha

MPLX: AI Beneficiary, Rich Distributions, Compelling Valuations, And Outsized Growth Prospects

MPLX is a compelling dividend Buy, benefiting from the AI-driven data center demand and the robust pipeline expansion in natural gas/NGL services. The growing backlog/joint ventures through 2028 provi...

4 weeks ago - Seeking Alpha

My Ultimate Dividend ETF Combo For 5%+ Yield And 10%+ Annual Growth

A golden yield-and-growth combo is something most investors assume they'll rarely find. Defensive income machines keep quietly compounding at double-digit rates. This trio could change how you think a...

4 weeks ago - Seeking Alpha

MPLX: A Buy Despite Macro Headwinds And Recent Price Strength

MPLX LP offers a compelling midstream investment, with fee-based revenues and high cash conversion, largely insulated from commodity price swings. MPLX boasts a strong balance sheet, a debt/adj. EBITD...

4 weeks ago - Seeking Alpha

Buy MPLX For The Yield And AI Tailwinds

MPLX LP offers a compelling 8%+ dividend yield, strong dividend growth, and resilient energy infrastructure exposure. AI-driven data center demand is set to accelerate MPLX's natural gas and pipeline ...

4 weeks ago - Seeking Alpha

MPLX: Strong Distribution Growth Can Continue

MPLX remains a top income-oriented pick, offering an 8%+ yield and strong distribution growth prospects into 2026. Recent M&A, including full ownership of the BANGL pipeline and Permian expansion, pos...

4 weeks ago - Seeking Alpha

My Dividend Growth Income - December 2025 Update

I increased my forward projected dividend income by $86.77 (1.4%) in December, reaching $6,289.66. My portfolio strategy blends high-growth names like Broadcom (AVGO), Microsoft, and Visa with high-yi...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - PRNewsWire