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MPLX LP (MPLX)
NYSE:MPLX
MPLX Stock Chart & Stats
$58.65
$0.23(0.48%)
At close: 4:00 PM EST
$58.65
$0.23(0.48%)
Day’s Range― - ―
52-Week Range$44.60 - $59.84
Previous CloseN/A
Volume391.36K
Average Volume (3M)1.84M
Market Cap
$59.54B
Enterprise Value$83.68B
Total Cash (Recent Filing)$2.14B
Total Debt (Recent Filing)$26.16B
Price to Earnings (P/E)11.1
Beta0.50
Next Earnings
May 05, 2026EPS Estimate
1.08Next Dividend Ex-DateN/A
Dividend Yield7.31%
Share Statistics
EPS (TTM)1.17
Shares Outstanding1,015,204,350
10 Day Avg. Volume1,376,175
30 Day Avg. Volume1,836,632
Financial Highlights & Ratios
PEG Ratio0.76
Price to Book (P/B)3.80
Price to Sales (P/S)4.60
P/FCF Ratio0.00
Enterprise Value/Market Cap1.41
Enterprise Value/Revenue6.75
Enterprise Value/Gross Profit13.59
Enterprise Value/Ebitda11.43
Forecast
1Y Price Target
$58.33Price Target Upside-0.55% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)4.5
Revenue Forecast (FY)$13.39B
Bulls Say, Bears Say
Bulls Say
Capital Allocation And Processing CapacityAllocation of most growth capital to natural gas and NGL alongside a major announced gas processing plant in the Permian will expand processing capacity and enable volume-driven revenue growth.
NGL Value Chain IntegrationAcquisition of Northwind and continued development of an integrated NGL value chain strengthen sour gas treating capabilities in the Delaware, enhancing midstream competitiveness and margin capture.
Tariff Ruling And Logistics RatesFavorable FERC tariff ruling combined with higher logistics rates is boosting crude oil and products logistics performance and supporting margin stability in the refining supply chain.
Bears Say
Divestitures And Weaker NGL MarketDivestiture of non-core assets combined with a weaker NGL market outlook has reduced natural gas and NGL services EBITDA, pressuring overall earnings visibility.
Relative Valuation After Share OutperformanceShare-price outperformance versus peers reduces relative attractiveness for investors, potentially limiting near-term upside as valuation premium is scrutinized by analysts.
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 $59.84 in the past 12 months.
What is MPLX LP’s market cap?
MPLX LP’s market cap is $59.54B.
When is MPLX LP’s upcoming earnings report date?
MPLX LP’s upcoming earnings report date is May 05, 2026 which is in 57 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 Overvalued.
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 1,015,204,350 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:
$58.33 (-0.55% Downside)
$58.33 (-0.55% Downside)
Blogger Sentiment
Bullish
MPLX Sentiment 96%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.9M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
21.27%
12-Months-Change
Fundamentals
Return on Equity
34.97%
Trailing 12-Months
Asset Growth
14.65%
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
$58.33
▼(-0.55% Downside)
Technical Analysis
Energy Transfer
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Enterprise Products Partners
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Kinder Morgan
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Oneok
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Targa Resources
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Ownership Overview
0.16% Insiders
4.63% Mutual Funds
3.54% Other Institutional Investors
87.56% Public Companies and Individual Investors