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MPLX Expands Board, Elects New Director

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MPLX Expands Board, Elects New Director

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MPLX ( (MPLX) ) just unveiled an announcement.

On August 25, 2025, MPLX LP, a company involved in the energy sector, announced changes to its board of directors, expanding it to eleven members. Ray N. Walker, Jr. was elected as a new director and will serve on the audit and conflicts committees. This move is part of MPLX’s governance strategy, potentially impacting its operational oversight and decision-making processes.

The most recent analyst rating on (MPLX) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on MPLX stock, see the MPLX Stock Forecast page.

Spark’s Take on MPLX Stock

According to Spark, TipRanks’ AI Analyst, MPLX is a Outperform.

MPLX’s overall stock score is driven by its strong financial performance and positive earnings call, which highlight strategic growth initiatives and financial flexibility. The valuation is attractive, offering a high dividend yield. Technical analysis presents a mixed view, with some bearish indicators. The absence of notable corporate events does not impact the score.

To see Spark’s full report on MPLX stock, click here.

More about MPLX

Average Trading Volume: 1,252,459

Technical Sentiment Signal: Strong Buy

Current Market Cap: $51.7B

Learn more about MPLX stock on TipRanks’ Stock Analysis page.

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