MPLX LP (MPLX)

NYSE: MPLX · Real-Time Price · USD
50.66
+0.20 (0.40%)
At close: Jul 11, 2025, 4:00 PM
50.95
+0.29 (0.57%)
After-hours: Jul 11, 2025, 7:42 PM EDT
0.40%
Market Cap 51.71B
Revenue (ttm) 11.38B
Net Income (ttm) 4.42B
Shares Out 1.02B
EPS (ttm) 4.33
PE Ratio 11.70
Forward PE 11.09
Dividend $3.83 (7.55%)
Ex-Dividend Date May 9, 2025
Volume 1,077,863
Open 50.46
Previous Close 50.46
Day's Range 50.33 - 50.89
52-Week Range 39.95 - 54.87
Beta 0.68
Analysts Buy
Price Target 54.44 (+7.46%)
Earnings Date Aug 5, 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 $54.44, which is an increase of 7.46% from the latest price.

Price Target
$54.44
(7.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 9% (July 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...

7 days ago - Seeking Alpha

I'm Buying Income Machines With 7-11% Yields

Income investing is attractive now as high-yield stocks offer cash flow and downside protection amid frothy growth stock valuations. I highlight two companies that carry competitive advantages and str...

Other symbols: CSWC
9 days ago - Seeking Alpha

MPLX: The Window Of Opportunity Remains Compelling

MPLX offers lower volatility than E&P peers, thanks to long-term contracts and stable cash flows, especially with Marathon Petroleum as a key customer. Growth is expected to be driven by projects in n...

10 days ago - Seeking Alpha

This Changes Everything: One Of The Most Important Shifts For Dividend Investors

Inflation isn't just back, it's becoming policy. From skewed CPI data to deficit-driven dollar moves, we're entering a new and lasting macro era. The U.S. may now prefer higher inflation to fix its ba...

Other symbols: ABBVAMARKKCATCNQEEMEGP
12 days ago - Seeking Alpha

Invest $100,000 For A 7%-Yielding Inflation-Resilient Dividend Growth Portfolio

I discuss the keys to building a successful high-yield dividend growth portfolio. I share the key sectors to include. I also share some of the best funds and individual stocks for building a portfolio...

14 days ago - Seeking Alpha

17 Ideal 'Safer' Dividend Dogs To Buy Out Of 72 June Graham Value All-Stars

I use YCharts' Value Score and Ben Graham Formula Value All Stars, or GASV, to identify large-cap stocks offering strong value and dividend safety. Seventeen out of twenty-four "safer" lowest-priced D...

17 days ago - Seeking Alpha

Dividend Stocks I Would Bet My Retirement On

Building a portfolio of dividend machines is a great way to fund a retirement. I share two types of stocks that I would bet my retirement on. I share some of my top dividend income picks of the moment...

Other symbols: ADCAMLPENBEPDJEPQNNNO
17 days ago - Seeking Alpha

Dividend Bargains Too Good For Retirees To Ignore

Retirement income investments usually demand higher valuations for safety, cash flow, and inflation protection, similar to paying more for comprehensive insurance. Many retirees face a gap between inc...

Other symbols: EPDETOPAA
22 days ago - Seeking Alpha

What I Wish I Knew Before Buying BDCs, REITs, And MLPs

BDCs, REITs, and MLPs offer attractive, sustainable yields due to pass-through structures and stable cash flow profiles. However, each of these sectors has its own unique quirks. I discuss several of ...

23 days ago - Seeking Alpha

I'm Locking 7-8% Yields For Future Retirement Income

I prefer high-yielding dividend stocks that enable me to redeploy cash at regular intervals. I highlight 2 such undervalued names that are poised to deliver potentially strong returns. Both have stron...

Other symbols: CTOEPDETKIMREG
24 days ago - Seeking Alpha

MPLX: A High Quality And Cheap Distribution Growth Play

MPLX remains a top midstream pick, due to strong distribution growth, robust coverage, and strategic expansion in the Permian Basin. The full acquisition and planned expansion of the BANGL pipeline ar...

27 days ago - Seeking Alpha

Two Alternatives For A Potential $5000 Monthly Income

Traditionally, a large portion of equity returns has come from two factors - reinvested dividends and compounding. We present two income-focused approaches: a fund-based portfolio for hands-off invest...

4 weeks ago - Seeking Alpha

Retirement Yield Trap Or Treasure? 1 Stock To Sell, 1 To Buy

Retirement income investing and high-yields are not mutually exclusive. In fact, I could see a case for building a prudent portfolio that consists of 7%+ yielding securities. Yet, there is a merit of ...

Other symbols: MAINPFFARQISCHDSTAGWES
4 weeks ago - Seeking Alpha

Rapidly Growing 7%+ Yield: My Favorite High-Yield Fund Today

It is rare to find a fund that combines high yield, high growth, no leverage, and strong underlying quality. I share my favorite fund that checks all of these boxes. I also share how to position it in...

4 weeks ago - Seeking Alpha

Fortress Income: 7-11% Yields To Make Money While You Sleep

Buying right and holding tight can be a winning investment strategy over in-vogue short-term strategies. EPD has strong fee-based earnings, strong balance sheet, and growth projects coming online, off...

4 weeks ago - Seeking Alpha

Major Market Disconnect: 2 High-Flying Funds That Remain Dirt Cheap

It is rare to buy an investment that is both deeply discounted and enjoying strong momentum. However, we share two such opportunities right now. We share why we think they are still undervalued and ha...

Other symbols: AEMAMLPBEPDETGDXGLD
4 weeks ago - Seeking Alpha

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 10% (June 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...

Other symbols: ADPAESAMHARCCAREBTICSL
5 weeks ago - Seeking Alpha

Your Retirement Starts Here: 2 Dividend Gems I'd Trust With My Future

Inflation is sticking around, hitting essentials like food hard. People are stressed, and it's no wonder, as basic living is now a budgeting battle. I believe we can fight back with two stocks built f...

Other symbols: ELS
5 weeks ago - Seeking Alpha

The More It Drops, The More I Buy

High-yield stocks with recent price dips can offer value, but require careful analysis to avoid value traps from structural or balance sheet issues. I share two very sustainable 8-9% yields that look ...

Other symbols: DEAEPDETOXIFR
5 weeks ago - Seeking Alpha

MPLX LP to Report Second-Quarter Results on August 5, 2025

FINDLAY, Ohio , June 5, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, August 5, 2025, at 9:30 a.m. EDT to discuss 2025 second-quarter financial results.

5 weeks ago - PRNewsWire

Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks With Over 7% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: ETHESM
5 weeks ago - Benzinga

Two 9%+ Yielding MLPs To Buy Before They Get Arbitraged Away

The midstream sector is under pressure. The YTD valuations have dropped across the board. Some, however, have been punished more than others.

Other symbols: AMLPEPDPAAWES
5 weeks ago - Seeking Alpha

Change Of Distribution Scenery At MPLX (Rating Upgrade)

MPLX's new CEO shifted messaging: distribution growth now tied to long-term EBITDA growth, not excess cash flows, making payout growth less transparent. Management is aggressively pursuing M&A and org...

5 weeks ago - Seeking Alpha

MPLX: A Compelling Income Growth Stock

MPLX offers stable, fee-based cash flows and a 7.5% yield, with 11 years of distribution growth and strong coverage. Growth is driven by natural gas expansion, strategic acquisitions, and organic proj...

6 weeks ago - Seeking Alpha

MPLX LP Remains A Top-Tier Pick

MPLX remains a compelling buy due to strong revenue growth, high yield, low leverage, and attractive valuation versus peers. Recent quarterly results show robust expansion in both crude/products logis...

6 weeks ago - Seeking Alpha