MPLX LP (MPLX)
| Market Cap | 55.58B +6.9% |
| Revenue (ttm) | 11.74B +3.1% |
| Net Income | 4.69B +5.9% |
| EPS | 4.61 +6.6% |
| Shares Out | 1.01B |
| PE Ratio | 11.88 |
| Forward PE | 11.38 |
| Dividend | $4.31 (7.86%) |
| Ex-Dividend Date | May 8, 2026 |
| Volume | 2,523,217 |
| Open | 55.77 |
| Previous Close | 55.57 |
| Day's Range | 54.58 - 55.80 |
| 52-Week Range | 47.80 - 59.98 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 61.80 (+12.84%) |
| 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 11 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $61.8, which is an increase of 12.84% from the latest price.
News
MPLX price target raised to $59 from $58 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on MPLX (MPLX) to $59 from $58 and keeps an Overweight rating on the shares. The firm sees an “increasingly constructive…
Marathon Petroleum Corp. names Brian Worthington vice president, Investor Relations; Kristina Kazarian to become vice president, Finance and Treasurer
FINDLAY, Ohio, May 11, 2026 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that Brian Worthington has been named vice president, Investor Relations. Worthington succeeds Kristina...
MPLX price target lowered to $61 from $63 at Wells Fargo
Wells Fargo lowered the firm’s price target on MPLX (MPLX) to $61 from $63 and keeps an Overweight rating on the shares. The firm cites slightly lower Natural Gas and…
MPLX price target lowered to $58 from $59 at Barclays
Barclays lowered the firm’s price target on MPLX (MPLX) to $58 from $59 and keeps an Overweight rating on the shares.
MPLX files automatic mixed securities shelf
16:17 EDT MPLX (MPLX) files automatic mixed securities shelf
MPLX LP Earnings Call Transcript: Q1 2026
Q1 2026 Adjusted EBITDA exceeded $1.7 billion, with major projects ramping up to drive stronger back-half growth and support a 12.5% distribution increase for 2026 and 2027. Segment results were mixed, but robust capital deployment and strategic expansions underpin confidence in sustained mid-single-digit growth.
MPLX LP Reports First-Quarter 2026 Financial Results
FINDLAY, Ohio, May 5, 2026 /PRNewswire/ -- Delivering mid-single digit growth strategy through expansions of Permian sour gas treating capacity, natural gas and NGL pipelines, and progressing Harmon ...
MPLX LP Announces Quarterly Distribution
FINDLAY, Ohio, April 28, 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 first ...
MPLX price target raised to $63 from $55 at Goldman Sachs
Goldman Sachs raised the firm’s price target on MPLX (MPLX) to $63 from $55 and keeps a Buy rating on the shares. The sector has outperformed year to date, driven…
MPLX price target raised to $59 from $55 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on MPLX (MPLX) to $59 from $55 and keeps an Overweight rating on the shares ahead of the Q1 report. MPLX’s…
MPLX price target lowered to $66 from $67 at Truist
Truist analyst Gabe Daoud lowered the firm’s price target on MPLX (MPLX) to $66 from $67 and keeps a Buy rating on the shares. The firm is lowering its Q1…
MPLX initiated with a Buy at Truist
Truist initiated coverage of MPLX (MPLX) with a Buy rating and $67 price target MPLX has expanded its G&P presence in the Permian and Marcellus as its core basins, including…
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...
MPLX price target raised to $73 from $64 at UBS
UBS raised the firm’s price target on MPLX (MPLX) to $73 from $64 and keeps a Buy rating on the shares.
MPLX price target raised to $60 from $58 at JPMorgan
JPMorgan raised the firm’s price target on MPLX (MPLX) to $60 from $58 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q4…
MPLX price target raised to $59 from $57 at Stifel
Stifel raised the firm’s price target on MPLX (MPLX) to $59 from $57 and keeps a Buy rating on the shares. The firm is updating estimates following the release of…
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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 price target raised to $55 from $54 at Citi
Citi analyst Spiro Dounis raised the firm’s price target on MPLX (MPLX) to $55 from $54 and keeps a Neutral rating on the shares. The firm modestly upped estimates post…
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 Earnings Call Transcript: Q4 2025
Adjusted EBITDA reached $7B in 2025, with a 12.5% distribution increase and $4.4B returned to unit holders. 2026 growth is expected to exceed 2025, driven by major investments in natural gas and NGL projects, with a continued focus on high-return regions and disciplined capital allocation.
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 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...