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MPLX LP (MPLX)
NYSE:MPLX
MPLX Stock Chart & Stats
$55.32
$0.23(0.48%)
At close: 4:00 PM EST
$55.32
$0.23(0.48%)
Day’s Range― - ―
52-Week Range$44.60 - $57.16
Previous CloseN/A
Volume391.36K
Average Volume (3M)1.24M
Market Cap
$56.26B
Enterprise Value$80.65B
Total Cash (Recent Filing)$2.80B
Total Debt (Recent Filing)$26.09B
Price to Earnings (P/E)11.5
Beta0.50
Next Earnings
May 05, 2026EPS Estimate
1.08Next Dividend Ex-DateN/A
Dividend Yield7.31%
Share Statistics
EPS (TTM)1.17
Shares Outstanding1,017,065,100
10 Day Avg. Volume1,300,599
30 Day Avg. Volume1,237,884
Financial Highlights & Ratios
PEG Ratio1.14
Price to Book (P/B)3.53
Price to Sales (P/S)4.46
P/FCF Ratio9.94
Enterprise Value/Market Cap1.43
Enterprise Value/Revenue6.65
Enterprise Value/Gross Profit13.56
Enterprise Value/Ebitda11.29
Forecast
1Y Price Target
$58.14Price Target Upside5.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Capital Allocation To Gas And NGLAnalyst highlights the partnership's allocation of most growth capital to natural gas and NGL projects, signaling confidence in Permian and Marcellus investment opportunities and potential volume-driven revenue growth.
Permian Processing Capacity ExpansionAnalyst points to a major new gas processing plant that will substantially increase Permian processing capacity, enabling higher throughput and better downstream value capture.
Regulatory Tariff DecisionAnalyst notes a favorable FERC tariff ruling and higher transport rates boosted crude oil and products logistics performance, strengthening fee-based cash flows.
Bears Say
Asset Divestitures Reducing Segment EBITDAAnalyst notes that the divestiture of non-core assets caused a decline in natural gas and NGL services EBITDA, lowering near-term earnings contribution from those segments.
Diminished Relative Valuation AdvantageAnalyst warns that recent outperformance has reduced the stock's valuation edge versus peers, making further upside less likely without clearer fundamental improvement.
Weak NGL Market OutlookAnalyst cites a weaker NGL outlook that pressures volumes and pricing, which could weigh on both fee-based and commodity-linked earnings.
MPLX News
MPLX FAQ
What was MPLX LP’s price range in the past 12 months?
MPLX LP lowest stock price was $44.60 and its highest was $57.16 in the past 12 months.
What is MPLX LP’s market cap?
MPLX LP’s market cap is $56.26B.
When is MPLX LP’s upcoming earnings report date?
MPLX LP’s upcoming earnings report date is May 05, 2026 which is in 90 days.
How were MPLX LP’s earnings last quarter?
MPLX LP released its earnings results on Feb 03, 2026. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.056 by $0.114.
Is MPLX LP overvalued?
According to Wall Street analysts MPLX LP’s price is currently Undervalued.
Does MPLX LP pay dividends?
MPLX LP pays a Quarterly dividend of $1.077 which represents an annual dividend yield of 7.31%. See more information on MPLX LP dividends here
What is MPLX LP’s EPS estimate?
MPLX LP’s EPS estimate is 1.08.
How many shares outstanding does MPLX LP have?
MPLX LP has 1,017,065,100 shares outstanding.
What happened to MPLX LP’s price movement after its last earnings report?
MPLX LP reported an EPS of $1.17 in its last earnings report, beating expectations of $1.056. Following the earnings report the stock price went down -0.09%.
Which hedge fund is a major shareholder of MPLX LP?
Currently, no hedge funds are holding shares in MPLX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MPLX Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$58.14 (5.10% Upside)
$58.14 (5.10% Upside)
Blogger Sentiment
Bullish
MPLX Sentiment 93%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.97%
12-Months-Change
Fundamentals
Return on Equity
34.35%
Trailing 12-Months
Asset Growth
12.23%
Trailing 12-Months
Company Description
MPLX LP
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, 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 sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.
MPLX Company Deck
MPLX Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive outlook driven by multi-year EBITDA growth (6.7% three‑year CAGR), aggressive capital deployment ($5.5B in 2025), a concrete $2.4B 2026 plan, sustained shareholder returns (12.5% distribution increase and $4.4B returned in 2025), and a robust project backlog targeting mid‑teens returns. Near-term headwinds include a 4% decline in distributable cash flow due to higher interest expense, modest YoY declines in processing and fractionation volumes (partly from asset sales), and weather-related temporary volume impacts. Management emphasizes disciplined capital allocation, liquidity ($2.1B cash), leverage and coverage targets, and confidence that 2026 growth will outpace 2025 with further ramp contributions into 2027–2028.View all MPLX earnings summariesMPLX Stock 12 Month Forecast
Average Price Target
$58.14
▲(5.10% Upside)
Technical Analysis
Energy Transfer
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Ownership Overview
0.16% Insiders
4.72% Mutual Funds
0.67% Other Institutional Investors
90.43% Public Companies and Individual Investors