MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
50.84
+1.02 (2.05%)
At close: Sep 11, 2025, 4:00 PM EDT
50.70
-0.14 (-0.28%)
After-hours: Sep 11, 2025, 7:08 PM EDT
2.05%
Market Cap51.81B
Revenue (ttm)11.49B
Net Income (ttm)4.30B
Shares Out 1.02B
EPS (ttm)4.21
PE Ratio12.08
Forward PE11.22
Dividend$3.83 (7.53%)
Ex-Dividend DateAug 8, 2025
Volume1,580,287
Open49.92
Previous Close49.82
Day's Range49.89 - 50.90
52-Week Range42.29 - 54.87
Beta0.70
AnalystsBuy
Price Target55.89 (+9.93%)
Earnings DateNov 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]

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

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 Statements

Analyst 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 9.93% from the latest price.

Price Target
$55.89
(9.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

3 hours ago - PRNewsWire

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.

2 days ago - PRNewsWire

The 2 Income Engines I Would Trust To Fund Retirement

If I had to rely on just two income investments to fund retirement, these would be it. These investments combine yield, growth, safety, value, and macro tailwinds. Here's why I'm building my portfolio...

2 days ago - Seeking Alpha

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 9% (Sept. 2025)

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 9% (Sept. 2025)

5 days ago - Seeking Alpha

Final Trades: Netflix, Amazon, MPLX and Valero Energy

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: AMZNNFLXVLO
9 days ago - CNBC Television

Buy The Dip: 8-11% Blue Chip Yields Getting Way Too Cheap

Wall Street is asleep on two monster yields that could fuel early retirement. These blue-chip payouts are too cheap to last. Here's why I'm adding them to my portfolio before the market wakes up.

Other symbols: BXSLEPDETMSDL
9 days ago - Seeking Alpha

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...

9 days ago - PRNewsWire

Before The Fed Blinks: 8% Yields That Wall Street Is Sleeping On

Wall Street is ignoring two low-risk 8% yield machines hiding in plain sight. Rate cuts could send these income giants soaring. These opportunities may not last once the Fed makes its next move.

Other symbols: DEA
10 days ago - Seeking Alpha

8 Ideal 'Safer' Dividend Dogs To Buy From 60 August Graham Value All-Stars

I use YCharts' Value Score and Ben Graham Formula to identify large-cap value stocks offering strong intrinsic value and stable dividends. Analyst forecasts suggest top-ten GASV 'Dogs' could deliver 1...

Other symbols: BBVABMYBNSCMCSACNQDHTE
14 days ago - Seeking Alpha

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...

15 days ago - PRNewsWire

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...

15 days ago - PRNewsWire

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...

15 days ago - Reuters

MPLX Vs. Enterprise Products: I Love Both, But My Winner Is MPLX

Both MPLX and EPD are top-tier midstream MLPs, offering high yields, strong balance sheets, and mission-critical energy infrastructure assets. EPD stands out for its reliability, 27 years of distribut...

Other symbols: EPD
17 days ago - Seeking Alpha

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...

Other symbols: ENBOKE
17 days ago - PRNewsWire

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...

Other symbols: ENBOKE
17 days ago - PRNewsWire

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...

17 days ago - PRNewsWire

Top Wall Street analysts favor these 3 dividend stocks for steady returns

TipRanks' analyst ranking service spotlights three dividend-paying stocks, including EOG Resources and Home Depot.

Other symbols: EOGHD
18 days ago - CNBC

MPLX: Growing Almost 8% Distribution In A Strong Package

MPLX LP has an impressive portfolio of assets which the northwest midstream acquisition helps to cement. The company is a major player in the Permian Basin and growing strength at each step of the val...

20 days ago - Seeking Alpha

My Top 3 MLPs To Invest In

Midstream MLPs are attractive due to industry consolidation, strong free cash flow, and a focus on unitholder returns, despite energy transition concerns. Energy Transfer (ET) offers sector-low valuat...

Other symbols: ETWES
20 days ago - Seeking Alpha

MPLX: Smart Acquisition Of Northwind Midstream Key For Long-Term Growth

Northwind Midstream acquisition will boost MPLX's efforts to develop the integrated NGL value chain, expand its global reach, and meet rising demands for NGL. The global NGL market is projected to exp...

21 days ago - Seeking Alpha

My 2 Favorite MLPs For Elite Income And Growth

I maintain a dividend growth portfolio of 16 stocks and track hundreds more, frequently analyzing MLPs and midstream companies. Ranking stocks is challenging due to differing investor needs; my favori...

Other symbols: WES
22 days ago - Seeking Alpha

MPLX Remains A Top Shelf Pick In The Midstream/Pipeline Space

MPLX LP remains a 'buy' due to its stable cash flows, low leverage, and attractive valuation relative to peers. Despite recent underperformance versus the S&P 500, MPLX has delivered strong long-term ...

23 days ago - Seeking Alpha

7.5%+ Yield And 12.5% Growth - Buy MPLX's Post Q2 Dip

MPLX recently pulled back fairly sharply following the release of its Q2 results. I think this presents unitholders with a compelling buying opportunity. I discuss why the market is selling off MPLX u...

23 days ago - Seeking Alpha

MPLX: Strong Financials And Strategic Acquisitions Support Buy Rating

MPLX demonstrates continuous expansion through strategic acquisitions and organic growth and its strong dividend payment policy (7.65% yield). The stock price has increased by 150% during the last fiv...

23 days ago - Seeking Alpha

MPLX Is A Distribution Growth Machine That Can Go Higher

MPLX is a top pick for income investors, offering a 7.65% yield and a decade-long track record of distribution growth. Strategic acquisitions and organic growth projects position MPLX for continued pr...

24 days ago - Seeking Alpha