MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
58.52
+0.16 (0.27%)
At close: Mar 13, 2026, 4:00 PM EDT
58.50
-0.02 (-0.03%)
After-hours: Mar 13, 2026, 7:50 PM EDT
Market Cap59.41B +11.2%
Revenue (ttm)11.82B +6.4%
Net Income4.91B +13.8%
EPS4.82 +14.7%
Shares Out 1.02B
PE Ratio12.15
Forward PE12.56
Dividend$4.31 (7.36%)
Ex-Dividend DateFeb 9, 2026
Volume1,680,946
Open58.34
Previous Close58.36
Day's Range57.84 - 58.98
52-Week Range44.60 - 59.84
Beta0.54
AnalystsBuy
Price Target59.14 (+1.06%)
Earnings DateMay 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]

Sector Energy
IPO Date Oct 26, 2012
Employees 5,762
Stock Exchange NYSE
Ticker Symbol MPLX
Full Company Profile

Financial Performance

In 2025, MPLX LP's revenue was $11.82 billion, an increase of 6.35% compared to the previous year's $11.11 billion. Earnings were $4.91 billion, an increase of 14.67%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for MPLX stock is "Buy." The 12-month stock price target is $59.14, which is an increase of 1.06% from the latest price.

Price Target
$59.14
(1.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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5 hours ago - Seeking Alpha

I'm Buying These 7-12% Yields For Stress-Free Income

MPLX and Fidus Investment are both rated ‘Buy' for durable, high-yield income portfolios. MPLX offers a 7.4% yield, robust cash flow, and 12.5% expected annual distribution growth, underpinned by fee-...

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1 day ago - Seeking Alpha

14 Ideal 'Safer' Dividend Buys From 70 Mid-March Graham Value All-Stars (GVAS)

Top ten large cap value (GASV) stocks are forecasted to deliver an average 38.12% net gain by mid-March 2027, with yields up to 13.03%. Analyst targets suggest the five lowest-priced, highest-yield GA...

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5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (March 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...

8 days ago - Seeking Alpha

With Energy Volatility, Buy MPLX For Reliability

MPLX (MPLX) remains a Strong Buy, offering stability, high yield, and strategic positioning amid Middle East volatility. Q1 earnings delivered a beat-and-raise, with $1.8B Adj. EBITDA and a 7.64% forw...

11 days ago - Seeking Alpha

Midstream Energy: Relative Favorability

Twenty-nine midstream energy companies were evaluated on a relative favorability matrix with factors representing yield, yield coverage, valuation, profitability, growth, and leverage. Based on this a...

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Top Wall Street analysts recommend these dividend stocks for enhanced returns

TipRanks names three stocks with dividends that analysts believe can bolster investors' portfolios.

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14 days ago - CNBC

6 High-Yield Energy Stocks Paying Up To 14.8%

“Time out.” I yelled it with a hint of disgust.

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15 days ago - Forbes

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...

16 days ago - PRNewsWire

MPLX: 12% Distribution Growth For Years To Come

MPLX LP remains a "Buy," underpinned by robust U.S. natural gas demand and a focused $2.4 billion organic growth capex plan for 2026. MPLX's distribution yield is nearly 8%, with a 1.4x coverage ratio...

27 days ago - Seeking Alpha

MPLX Vs. Western Midstream: Choosing The 2026 Energy Renaissance Yield Leader

MPLX LP and Western Midstream Partners are often compared, but diverge significantly in strategy, asset focus, and growth prospects. MPLX aggressively expands its gas business, targeting data centers ...

Other symbols: WES
4 weeks ago - Seeking Alpha

I Wouldn't Want To Retire Without The 3 Most Undervalued Income Machines

Three income powerhouses are trading at very compelling valuations right now. Each offers attractive income with substantial upside potential. Here's why I'm overweighting them while the market is sti...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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

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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.

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

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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 weeks 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...

5 weeks 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 ...

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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...

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

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

5 weeks 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.

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5 weeks 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
5 weeks ago - PRNewsWire

Why Dividend Stocks Are Essential For What Comes Next

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