MPLX LP (MPLX)

Currency in USD
56.27
+0.75(+1.35%)
Closed·
56.69+0.42(+0.75%)
·
Earnings results expected in 4 days
High dividend Yield
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Fair Value
Day's Range
55.5356.61
52 wk Range
47.8059.98
Key Statistics
Prev. Close
56.27
Open
55.66
Day's Range
55.53-56.61
52 wk Range
47.8-59.98
Volume
2.35M
Average Volume (3m)
1.95M
1-Year Change
10.637%
Book Value / Share
14.06
Fair Value
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Fair Value Upside
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MPLX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
60.64
Upside
+7.77%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings downwards for the upcoming period

MPLX LP News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

8 Buy
6 Hold
1 Sell
Ratings:
15 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 60.64
(+7.77% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Goldman Sachs
Buy63.00+11.96%55.00Maintain20-04-2026
Barclays
Buy59.00+4.85%55.00Maintain10-04-2026
Truist Securities
Buy66.00+17.29%67.00Maintain06-04-2026
Truist Securities
Buy67.00+19.07%-New Coverage23-03-2026
UBS
Buy73.00+29.73%64.00Maintain16-03-2026

MPLX LP Earnings Call Summary for Q3/2025

  • MPLX LP exceeded Q3 2025 expectations with adjusted EPS of $1.52 (40.74% above forecast) and revenue of $3.62 billion (14.92% above forecast), driving a 1.12% pre-market stock increase.
  • Adjusted EBITDA rose 3% year-over-year to $1.8 billion, with year-to-date figures reaching $5.2 billion (+4%), supported by strong performance in natural gas and NGL services.
  • Strategic focus on Marcellus, Utica, and Permian Basins yielded significant volume increases, including a 24% year-over-year rise in Utica processing.
  • Management forecasts mid-single-digit EBITDA growth with stronger performance expected in 2026, and plans to increase distributions by 12.5% annually over the next two years.
  • CEO Maryann Mannen emphasized the company's positioning for long-term natural gas volume growth, targeting mid-teens returns on investments.
Last Updated: 04-11-2025, 10:06 pm
Read Full Transcript

Earnings

Latest Release
03-02-2026
EPS / Forecast
1.17 / 1.06
Revenue / Forecast
3.25B / 3.23B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.82%
Dividend Yield
7.76%
Industry Median 3.94%
Annualised payout
4.31
Paid quarterly
5-Years Growth
+8.14%
Growth Streak

MPLX Income Statement

Compare MPLX to Peers and Sector

Metrics to compare
MPLX
Peers
Sector
Relationship
P/E Ratio
11.6x21.0x6.6x
PEG Ratio
0.790.150.00
Price/Book
4.0x4.8x1.1x
Price / LTM Sales
4.8x4.7x1.6x
Upside (Analyst Target)
5.6%−2.0%13.2%
Fair Value Upside
Unlock1.1%3.1%Unlock

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, 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 renewables; and sale of residue gas and condensate. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as 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, it operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck 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.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
99.35M9.79%5.52B
Other Institutional Investors
756.15M74.48%41.98B
Public Companies & Retail Investors
159.70M15.73%8.87B
Total
1.02B100.00%56.36B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Marathon Petroleum Corporation63.77%64,74,15,4523,59,44,506
ALPS ETF Trust - Alerian MLP ETF2.62%2,65,69,58014,75,143

FAQ

What Is the MPLX LP (MPLX) Share Price Today?

The MPLX LP share price today is 56.27.

What is the current MPLX LP (MPLX) share price and day range?

As of 01-05-2026, the MPLX LP share price is 56.27, with a previous close of 56.27. The share price has ranged from 55.53 to 56.61 today, while the 52-week range spans from 47.80 to 59.98.

What Is the MPLX LP Market Cap?

As of today, MPLX LP market cap is 57.13B.

Does MPLX LP Pay Dividends? What's The Current Dividend Yield?

The MPLX LP dividend yield is 7.65%.

What Is the MPLX LP (MPLX) Share Price Target?

The average 12-month share price target for MPLX LP is 60.64, with a high estimate of 73 and a low estimate of 54. 8 analysts recommend buying, while 1 suggest selling, with an overall rating of Buy and +7.77% Upside potential.

What Is MPLX LP's Earnings Per Share (TTM)?

The MPLX LP EPS (TTM) is 4.82.

When Is the Next MPLX LP Earnings Date?

MPLX LP will release its next earnings report on 05-05-2026.

From a Technical Analysis Perspective, Is MPLX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

What Stock Exchange Does MPLX LP Trade On?

MPLX LP is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for MPLX LP?

The stock symbol for MPLX LP is "MPLX."

How Many Times Has MPLX LP Stock Split?

MPLX LP has split 0 times.

What Is the MPLX After Hours Price?

MPLX's last after hours stock price is 56.69, the stock has changed by 0.42, or 0.75%.
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