MPLX LP (MPLX)
| Market Cap | 54.56B |
| Revenue (ttm) | 11.63B |
| Net Income (ttm) | 4.81B |
| Shares Out | 1.02B |
| EPS (ttm) | 4.72 |
| PE Ratio | 11.37 |
| Forward PE | 12.12 |
| Dividend | $4.31 (8.03%) |
| Ex-Dividend Date | Nov 7, 2025 |
| Volume | 1,253,613 |
| Open | 53.50 |
| Previous Close | 53.46 |
| Day's Range | 53.43 - 53.94 |
| 52-Week Range | 44.60 - 54.87 |
| Beta | 0.55 |
| Analysts | Buy |
| Price Target | 59.33 (+10.61%) |
| 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 6 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $59.33, which is an increase of 10.61% from the latest price.
News
This Energy Stock Pays an 8% Dividend (And It's Safe)
MPLX generates more than enough stable cash flow to cover its high-yielding distribution. The MLP also has a rock-solid balance sheet.
This 8% Yield Is Set To Grow By 12%: MPLX
Having just upped its quarterly distribution per unit by 12.5%, MPLX LP is a passive income machine. The partnership has made several recent moves to drive adjusted EBITDA and DCF growth for the fores...
My Most Contrarian Call Yet: Energy Is About To Rewrite Wall Street's Playbook
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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...
The Best REIT, BDC, And MLP To Retire On
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Beyond the Numbers: Midstream 3Q Earnings Highlights
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MPLX: Opportunity Knocks After A 12.5% Distribution Increase
MPLX offers a high yield and growth combination that is well suited for long-term investors. Recent share price stagnation discounts the long-term viability of midstream assets and assumes there is no...
This Monster 8.4%-Yielding Dividend Has Plenty of Fuel to Continue Growing
MPLX delivered solid third-quarter financial results. The MLP has continued to secure new expansion projects.
MPLX LP Common Units (MPLX) Q3 2025 Earnings Call Transcript
MPLX LP Common Units ( MPLX) Q3 2025 Earnings Call November 4, 2025 9:30 AM EST Company Participants Kristina Kazarian - Vice President of Finance & Investor Relations - MPLX GP LLC Maryann Mannen - ...
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 ...
My Top MLP And BDC I'd Buy For Retirement Income
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1 Ultra-High-Yield Energy Stock to Consider Buying Now
Total return investors should look into the high and rising stream of passive income offered by MPLX. At current levels, the pipeline operator would pay about $75 in annual income for each $1,000 inve...
These 2 Ultra-High-Yielding Dividend Stocks Just Gave Their Investors Another Raise
Energy Transfer has raised its already lucrative distribution by more than 3% in the past year. MPLX just hiked its hefty payout by another 12.5%.
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (Nov. 2025)
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...
10 Ideal 'Safer' Dividend Buys From 38 Of 68 October Graham Value All-Stars (GVAS)
The article analyzes the top large-cap value (GASV) stocks using YCharts' Value Score and Ben Graham Formula to identify fair-priced, high-yield dividend opportunities. Ten of eighteen 'safer' lowest-...
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 ...
8.5%+ Yields: Why Western Midstream Is A Better Buy Than MPLX Today
Western Midstream Partners and MPLX are top midstream picks, offering high yields, strong growth, and disciplined capital allocation. However, I believe WES is a better buy than MPLX today. I detail w...
MPLX: Compelling Upside And Yield
MPLX LP (MPLX) remains a Strong Buy, offering a 7.7% forward distribution yield and significant upside based on DDM valuation. MPLX's fundamentals are intact, with improved cash from operations and st...
Golden Buying Opportunity: My Favorite Big Yields With 10%+ Dividend Growth
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