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MPLX Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
56.920
Open
55.740
VWAP
56.40
Vol
3.19M
Mkt Cap
57.68B
Low
55.430
Amount
179.82M
EV/EBITDA(TTM)
13.97
Total Shares
1.01B
EV
82.03B
EV/OCF(TTM)
13.65
P/S(TTM)
4.93
MPLX LP is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. The Company's segments include Crude Oil and Products Logistics, and Natural Gas and NGL Services. The Crude Oil and Products Logistics segment is primarily engaged in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. These assets consist of a network of approximately 14,766 miles of wholly and jointly-owned pipelines and associated storage assets, refining logistics assets at 13 refineries, 88 terminals including rail and truck racks, one export terminal, storage caverns, tank farm assets, an inland marine business and a fuels distribution business. The Natural Gas and NGL Services segment provides wellhead to market services including gathering, processing and transportation of natural gas and natural gas liquids.
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Events Timeline

(ET)
2026-05-05
07:00:00
MPLX Q1 Revenue at $3.04B, Below Consensus
select

News

PRnewswire
9.5
06-16PRnewswire
MPLX to Host Q2 2026 Earnings Call on August 4
  • Earnings Call Announcement: MPLX LP will host a conference call on August 4, 2026, at 9:30 a.m. EDT to discuss its Q2 2026 financial results, which is expected to attract attention from investors and analysts, providing the latest updates on company operations.
  • Webcast Availability: Interested parties can listen to the conference call by visiting MPLX's website, and a replay of the webcast will be available on the site for two weeks, ensuring that investors who cannot participate live can access the information.
  • Pre-Call Financial Information: MPLX will release financial information, including the earnings release and other investor-related materials, online prior to the call and webcast, aiming to enhance transparency and bolster investor confidence.
  • Company Overview: MPLX is a diversified large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets, providing fuel distribution services, with assets including pipelines, storage facilities, and processing plants, showcasing its strong position in the energy sector.
Fool
8.5
06-13Fool
Investment Comparison: Enbridge vs. Oneok
  • Stable Cash Flow: Enbridge's earnings are backed by over 98% from regulated rate structures or take-or-pay contracts, ensuring stable cash flow that supports its 4.9% high dividend yield, reflecting strong financial stability.
  • Diversified Business Model: Enbridge not only holds North America's largest gas utility franchise but is also expanding in renewable energy, which is expected to drive a 5% annual growth in cash flow per share, fueling dividend growth.
  • Investment in Growth Projects: Enbridge has secured CA$37 billion (approximately $26.5 billion) in commercial growth capital projects expected to come online by 2030, while pursuing another CA$50 billion (approximately $37.8 billion) in expansion projects, enhancing its competitive edge.
  • Future Growth Potential: Oneok is investing about $1 billion in two joint ventures with MPLX, which is expected to support its annual dividend growth of up to 4%, while acquiring and developing more fee-based assets to enhance the stability of its revenue sources.
NASDAQ.COM
8.0
06-13NASDAQ.COM
Dividend Comparison: Enbridge vs. Oneok
  • Dividend Yield Advantage: Enbridge offers a 5% dividend yield compared to Oneok's 4.7%, with both companies backed by solid financial profiles, highlighting their attractiveness for stable income investments.
  • Financial Stability: Enbridge's leverage ratio stands at 4.5x, which is relatively high, yet over 98% of its earnings are derived from regulated revenue structures, ensuring stable cash flow to support dividend payments.
  • Expansion Project Investments: Enbridge has secured CAD 37 billion (approximately USD 26.5 billion) in projects expected to enter commercial service by 2030, which will drive a 5% annual growth in cash flow per share, fueling future dividend increases.
  • Future Growth Potential: Oneok plans to increase its dividend by 3% to 4% annually and is investing about USD 1 billion in various joint ventures, demonstrating strong prospects for stable cash flow and dividend growth.
Fool
8.5
06-03Fool
Investment Recommendations for High-Yield Stocks
  • REIT Risk Factors: Realty Income, a real estate investment trust, has seen an 11% decline since March due to rising interest rates, yet its occupancy rate has remained above 98% for over a decade, indicating resilience amid economic fluctuations, especially with strong retail tenants.
  • Stable Energy Income: MPLX operates as a transportation and storage company in the energy sector, benefiting from a stable revenue model and a forward dividend yield of 7.8%, making it a reliable investment choice as oil and gas demand remains strong despite geopolitical tensions.
  • Asset Management Growth Potential: Brookfield Asset Management offers a 4.1% dividend yield, with over 50% growth in the past three years, focusing on promising sectors like renewable energy and infrastructure, showcasing its unique competitive advantage in the market.
  • Defensive Investment Strategy: Given the current market conditions, investors should consider allocating idle cash into these high-yield stocks to mitigate potential macroeconomic weakness, thereby enhancing portfolio stability and income generation.
Fool
8.5
05-17Fool
Energy Companies Poised for Increased Demand Amid AI Growth
  • Rising Energy Demand: Enbridge is leveraging multiple energy sources to meet the surging power demand driven by AI, with a significant cash flow expected from its agreement with Meta Platforms for renewable energy output.
  • Infrastructure Investment: Enterprise Products Partners boasts over 50,000 miles of pipeline and $5.3 billion in capital projects under construction, most of which are anticipated to be operational by the end of 2027, enhancing its market position in natural gas transportation.
  • Natural Gas Supply Agreements: Energy Transfer has secured agreements with Entergy and Oracle to provide natural gas transportation services for their data centers, and while its dividend growth is not as robust as others, its 6.6% yield remains attractive to investors.
  • Sustainability Challenges: MPLX, as the primary midstream service provider for Marathon Petroleum, faces sustainability concerns with its 7.8% dividend yield, yet its stable cash flow from Marathon offers a solid foundation for future growth.
Yahoo Finance
8.0
05-17Yahoo Finance
Four Dividend Energy Stocks to Consider Now
  • Rising Energy Demand: Enbridge is leveraging multiple energy sources to meet the increasing power demand driven by AI, with a deal signed with Meta Platforms expected to start service in summer 2027, generating cash flow exceeding operational costs.
  • Infrastructure Investment: Enterprise Products Partners boasts over 50,000 miles of pipeline and $5.3 billion in capital projects under construction, most of which are expected to be operational by the end of 2027, enhancing its infrastructure capabilities in natural gas power supply, with a current dividend yield of 5.6%.
  • Supply Chain Opportunities: Energy Transfer, with 140,000 miles of pipeline, is securing natural gas supply agreements with major tech companies; while its dividend growth is less stable than others, its 6.6% yield remains attractive to investors.
  • Sustainability Challenges: MPLX serves as the primary midstream provider for Marathon Petroleum, currently offering a 7.8% dividend yield; although its cash flow is relatively predictable, its sustainability requires close monitoring, especially in the context of growing data center demand.
Wall Street analysts forecast MPLX stock price to rise
7 Analyst Rating
Wall Street analysts forecast MPLX stock price to rise
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
55.00
Averages
58.14
High
62.00
Current: 0.000
sliders
Low
55.00
Averages
58.14
High
62.00
Morgan Stanley
Equal Weight
downgrade
$62 -> $60
AI Analysis
2026-05-20
Reason
Morgan Stanley
Price Target
$62 -> $60
AI Analysis
2026-05-20
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on MPLX to $60 from $62 and keeps an Equal Weight rating on the shares.
Barclays
Theresa Chen
maintain
$58 -> $59
2026-05-14
Reason
Barclays
Theresa Chen
Price Target
$58 -> $59
2026-05-14
maintain
Reason
Barclays analyst Theresa Chen raised the firm's price target on MPLX to $59 from $58 and keeps an Overweight rating on the shares. The firm sees an "increasingly constructive backdrop" for U.S. crude production.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MPLX
Unlock Now

Valuation Metrics

The current forward P/E ratio for MPLX LP (MPLX.N) is 12.47, compared to its 5-year average forward P/E of 10.19. For a more detailed relative valuation and DCF analysis to assess MPLX LP's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.19
Current PE
12.47
Overvalued PE
11.15
Undervalued PE
9.24

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
9.68
Current EV/EBITDA
12.92
Overvalued EV/EBITDA
10.40
Undervalued EV/EBITDA
8.96

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.47
Current PS
4.18
Overvalued PS
3.95
Undervalued PS
2.98

Financials

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Holding
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+30.74%
3M Return
A
Appaloosa Management L.P.
Holding
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+20.15%
3M Return
M
Mirae Asset Global Investments Co., Ltd
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+18.46%
3M Return
B
Brave Warrior Advisors, LLC
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+17.74%
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Chicago Partners Investment Group LLC
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ING Groep N.V.
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Frequently Asked Questions

What is MPLX LP (MPLX) stock price today?

The current price of MPLX is 56.84 USD — it has increased 1.66

What is MPLX LP (MPLX)'s business?

MPLX LP is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. The Company's segments include Crude Oil and Products Logistics, and Natural Gas and NGL Services. The Crude Oil and Products Logistics segment is primarily engaged in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. These assets consist of a network of approximately 14,766 miles of wholly and jointly-owned pipelines and associated storage assets, refining logistics assets at 13 refineries, 88 terminals including rail and truck racks, one export terminal, storage caverns, tank farm assets, an inland marine business and a fuels distribution business. The Natural Gas and NGL Services segment provides wellhead to market services including gathering, processing and transportation of natural gas and natural gas liquids.

What is the price predicton of MPLX Stock?

Wall Street analysts forecast MPLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MPLX is58.14 USD with a low forecast of 55.00 USD and a high forecast of 62.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is MPLX LP (MPLX)'s revenue for the last quarter?

MPLX LP revenue for the last quarter amounts to 2.86B USD, decreased -2.79

What is MPLX LP (MPLX)'s earnings per share (EPS) for the last quarter?

MPLX LP. EPS for the last quarter amounts to 0.90 USD, decreased -18.18

How many employees does MPLX LP (MPLX). have?

MPLX LP (MPLX) has 5762 emplpoyees as of June 20 2026.

What is MPLX LP (MPLX) market cap?

Today MPLX has the market capitalization of 57.68B USD.