Yahoo
NYSE - Nasdaq Real Time Price USD

MPLX LP (MPLX)

56.07 -0.16 (-0.28%)
At close: June 25 at 4:00:03 PM EDT
56.88 +0.81 (+1.44%)
After hours: June 25 at 7:50:48 PM EDT
Trade MPLX LP on Coinbase
Chart Range Bar
Loading chart for MPLX
Chart does not reflect overnight price.
  • Previous Close 56.23
  • Open 56.20
  • Bid --
  • Ask --
  • Day's Range 56.05 - 57.20
  • 52 Week Range 47.80 - 59.98
  • Volume 1,528,792
  • Avg. Volume 2,039,439
  • Market Cap (intraday) 56.896B
  • Beta (5Y Monthly) 0.46
  • PE Ratio (TTM) 12.14
  • EPS (TTM) 4.62
  • Earnings Date Aug 4, 2026
  • Forward Dividend & Yield 4.31 (7.68%)
  • Ex-Dividend Date May 8, 2026
  • 1y Target Est 60.71

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.

www.mplx.com

--

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Performance Overview

Trailing total returns as of 6/25/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

MPLX
9.21%
S&P 500 (^GSPC)
7.48%

1-Year Return

MPLX
16.74%
S&P 500 (^GSPC)
20.77%

3-Year Return

MPLX
115.87%
S&P 500 (^GSPC)
69.20%

5-Year Return

MPLX
197.41%
S&P 500 (^GSPC)
71.88%

Earnings Trends

View More

Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 3.04B
Earnings 912M

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
1B
2B
3B

Analyst Insights

View More

Analyst Price Targets

54.00
60.71 Average
56.07 Current
73.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 5/20/2026
Analyst Morgan Stanley
Rating Action Maintains
Rating Equal-Weight
Price Action Lowers
Price Target 62 -> 60

Statistics

View More

Valuation Measures

Annual
As of 6/24/2026
  • Market Cap

    57.06B

  • Enterprise Value

    81.69B

  • Trailing P/E

    12.17

  • Forward P/E

    12.33

  • PEG Ratio (5yr expected)

    3.36

  • Price/Sales (ttm)

    5.02

  • Price/Book (mrq)

    4.06

  • Enterprise Value/Revenue

    7.17

  • Enterprise Value/EBITDA

    11.32

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    40.03%

  • Return on Assets (ttm)

    7.04%

  • Return on Equity (ttm)

    33.41%

  • Revenue (ttm)

    11.74B

  • Net Income Avi to Common (ttm)

    4.69B

  • Diluted EPS (ttm)

    4.62

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.51B

  • Total Debt/Equity (mrq)

    182.79%

  • Levered Free Cash Flow (ttm)

    1.93B

Compare

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Company Insights

Fair Value

56.07 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

View More
  • MPLX Earnings: Lower Volumes Weigh on Performance; Full-Year Outlook Maintained

    MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.

    Rating
    Price Target
  • MPLX Earnings: Lower Volumes Weigh on Performance; Full-Year Outlook Maintained

    MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.

    Rating
    Price Target
  • MPLX Earnings: New Natural Gas Projects Added to Backlog

    MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.

    Rating
    Price Target
  • MPLX Earnings: Data Centers Entering the Basin and Update on Growth Strategy

    MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.

    Rating
    Price Target

People Also Watch

Mobilize your Website
View Site in Mobile | Classic
Share by: