Stock Price & Analysis

Based on the analysis of MPLX's current price trends, technical indicators, and recent news sentiment, the stock shows signs of stability with growth potential. The recommendation is to buy MPLX stock as it is well-positioned for future growth with a strong outlook.

MPLX stock is predicted to reach a price target of $57 to $60 in 2025, driven by its attractive 7%+ distribution yield and growth prospects from NGL expansion projects. Analysts highlight its stable cash flow from long-term contracts and strategic investments in midstream infrastructure. The stock is expected to outperform due to its strong distribution growth and favorable industry outlook.

The S1 support level for MPLX Stock is $53.05 ,The R1 resistant level for MPLX Stock is $54.52.

As of the end of day on 2025-04-01, the price of MPLX Stock was $53.9.

The target price for MPLX Stock according to analyst rating is 57.10, with the highest price target at 62.00 and the lowest at 47.00. Analysts have a Moderate Buy rating on MPLX Stock overall.

The market cap of MPLX is $54.9B.

MPLX is not overvalued based on its current valuation metrics and growth prospects. Its PE ratio of 10.68–11.37 and EV/EBITDA of 11.26–11.88 are reasonable compared to industry averages. The stock offers an attractive dividend yield of 7.3%–7.8%, supported by stable cash flows. Recent analyst upgrades, such as RBC Capital raising its price target to $58, highlight its positive outlook. MPLX's focus on NGL value chain growth and capital expenditures further supports its valuation.

MPLX LP is a diversified master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuel distribution services. The Company’s segments include Logistics and Storage (L&S) and Gathering and Processing (G&P). The L&S segment primarily engages in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. The L&S segment also includes the operation of its refining logistics, fuel distribution and inland marine businesses, terminals, rail facilities and storage caverns. The G&P segment provides gathering, processing and transportation of natural gas, as well as the transportation, fractionation, storage and marketing of natural gas liquids (NGLs). Its assets include a network of crude oil and refined product pipelines; an inland marine business; light-product, asphalt, heavy oil and marine terminals; storage caverns, and others.

MPLX stock is predicted to reach $70 by 2030, driven by its strategic expansion projects and strong financial health. The company's focus on natural gas and NGL infrastructure positions it for long-term growth. Analysts expect continued distribution increases, supporting the higher price target.

MPLX has a total of 5810 employees.