MPLX Lp (MPLX)

US — Energy Sector
Peers: TRP  ET  LNG  OKE  SU  KMI  SLB  EPD  IMO  E 

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Key Metrics & Ratings

  • symbol MPLX
  • Rev/Share 11.9078
  • Book/Share 14.2532
  • PB 3.7635
  • Debt/Equity 1.8249
  • CurrentRatio 1.3121
  • ROIC 0.1405

 

  • MktCap 53803731907.0
  • FreeCF/Share 5.6722
  • PFCF 9.3086
  • PE 11.1671
  • Debt/Assets 0.6035
  • DivYield 0.0747
  • ROE 0.3458

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 4
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Resumed MPLX BofA Securities -- Underperform -- $43 Oct. 17, 2024

News

Here's Why MPLX LP (MPLX) is a Strong Momentum Stock
MPLX
Published: November 14, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why MPLX LP (MPLX) is a Strong Momentum Stock
One Of The Huge Mistakes Dividend Investors Are Making Right Now
AMLP, BIP, BIPC, BND, GLD, MLPA, MPLX, O, SCHD, TLT, UTF, UTG, VNQ, XLU
Published: November 13, 2025 by: Seeking Alpha
Sentiment: Negative

The macro data suggest that dividend investors may be in for a rude surprise in the wake of the Fed's rate cuts. Because a major macro shift is underway, the usual assumptions dividend investors make may no longer be reliable. I also share how I am seeking to avoid potentially the most dangerous mistake many dividend investors are making right now.

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image for news One Of The Huge Mistakes Dividend Investors Are Making Right Now
The Best REIT, BDC, And MLP To Retire On
AMLP, ARCC, BIZD, BXSL, CSWC, ENB, EPD, JEPQ, KMI, MAA, MPLX, O, PAA, PAGP, SCHD, UTG, VNQ
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Positive

Discover the 3 dividend-paying powerhouses I'd trust to fund a lifetime of passive income. These high-yield investments combine safety, growth, and tax efficiency like few others. Learn why I believe these picks could anchor a durable dividend retirement portfolio.

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image for news The Best REIT, BDC, And MLP To Retire On
Why MPLX LP (MPLX) is a Top Stock for the Long-Term
MPLX
Published: November 07, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.

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image for news Why MPLX LP (MPLX) is a Top Stock for the Long-Term
MPLX Beats Q3 Earnings Estimates, Hikes Quarterly Distribution
MPLX
Published: November 05, 2025 by: Zacks Investment Research
Sentiment: Positive

MPLX posts strong Q3 results with higher earnings and revenues, and a 12.5% distribution hike amid volume and rate gains.

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image for news MPLX Beats Q3 Earnings Estimates, Hikes Quarterly Distribution
MPLX LP (MPLX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
MPLX
Published: November 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Although the revenue and EPS for MPLX LP (MPLX) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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image for news MPLX LP (MPLX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
MPLX LP Common Units (MPLX) Q3 2025 Earnings Call Transcript
MPLX
Published: November 04, 2025 by: Seeking Alpha
Sentiment: Neutral

MPLX LP Common Units ( MPLX ) Q3 2025 Earnings Call November 4, 2025 9:30 AM EST Company Participants Kristina Kazarian - Vice President of Finance & Investor Relations - MPLX GP LLC Maryann Mannen - President, CEO & Director of MPLX GP LLC Carl Hagedorn - Executive VP, CFO & Director of MPLX GP LLC Gregory Floerke - Executive VP & COO of MPLX GP LLC Shawn Lyon - Senior Vice President of Logistics & Storage - MPLX GP LLC Conference Call Participants John Mackay - Goldman Sachs Group, Inc., Research Division Manav Gupta - UBS Investment Bank, Research …

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image for news MPLX LP Common Units (MPLX) Q3 2025 Earnings Call Transcript
My Top MLP And BDC I'd Buy For Retirement Income
EPD, ET, FDUS, MPLX, PAA, WES
Published: November 03, 2025 by: Seeking Alpha
Sentiment: Positive

There is a theory that says investors have to allocate capital towards the highest risk-adjusted return opportunities (e.g., where the Sharpe ratio is the highest). The return is defined as expected price gain and received income, while the risk is defined as expected share price volatility. Yet, as an income investor, I approach these variables differently. Return is defined as expected income, and risk is defined as the probability of income cut.

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image for news My Top MLP And BDC I'd Buy For Retirement Income
MPLX to Report Q3 Earnings: Here's What Investors Should Know
MPLX
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Negative

MPLX's Q3 results are expected to face pressure over reduced volumes, likely due to sluggish production growth in key basins.

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image for news MPLX to Report Q3 Earnings: Here's What Investors Should Know
Wall Street Analysts See MPLX LP (MPLX) as a Buy: Should You Invest?
MPLX
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Wall Street Analysts See MPLX LP (MPLX) as a Buy: Should You Invest?
10 Ideal 'Safer' Dividend Buys From 38 Of 68 October Graham Value All-Stars (GVAS)
BBVA, BMY, CMCSA, EOG, EPD, ET, HMC, ITUB, LX, MFC, MPLX, OKE, PFE, SU, T, TFC, UPS, VICI, VZ, WB, YRD
Published: October 30, 2025 by: Seeking Alpha
Sentiment: Positive

The article analyzes the top large-cap value (GASV) stocks using YCharts' Value Score and Ben Graham Formula to identify fair-priced, high-yield dividend opportunities. Ten of eighteen 'safer' lowest-priced GASV stocks, including ET, MPLX, YRD, VZ, BMY, TFC, T, SU, MFC, and BBVA, are considered buyable in October. Analyst projections suggest the top ten GASV stocks could deliver average net gains of 38.01% by October 2026, with Lexinfintech Holdings leading potential returns.

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image for news 10 Ideal 'Safer' Dividend Buys From 38 Of 68 October Graham Value All-Stars (GVAS)
MPLX LP (MPLX) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
MPLX
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Besides Wall Street's top-and-bottom-line estimates for MPLX LP (MPLX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2025.

Read More
image for news MPLX LP (MPLX) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
MPLX LP Increases Quarterly Distribution
MPLX
Published: October 28, 2025 by: PRNewsWire
Sentiment: Neutral

FINDLAY, Ohio , Oct. 28, 2025 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $1.0765 per common unit for the third quarter of 2025, or $4.31 on an annualized basis. This represents a 12.5% increase, or $0.12 increase per common unit, over the second quarter 2025 distribution.

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image for news MPLX LP Increases Quarterly Distribution
MPLX: Compelling Upside And Yield
MPLX
Published: October 23, 2025 by: Seeking Alpha
Sentiment: Positive

MPLX LP (MPLX) remains a Strong Buy, offering a 7.7% forward distribution yield and significant upside based on DDM valuation. MPLX's fundamentals are intact, with improved cash from operations and stable profitability despite a recent earnings miss and temporary revenue dip. MPLX is well-positioned to balance attractive distributions and growth investments, supported by low leverage and strong operating leverage.

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image for news MPLX: Compelling Upside And Yield
An Excellent 5-Fund Dividend Portfolio I'd Build To Retire On
AMLP, EPD, ET, JEPQ, MLPA, MPLX, PAA, PFF, PFFA, QQQI, SCHD, UTF, UTG, VST, WES, XLU
Published: October 17, 2025 by: Seeking Alpha
Sentiment: Positive

A simple five-fund portfolio for high yield, growth, and diversification. Earn 7–9% income while still beating inflation through dividend growth. Here's how to build a simple retirement portfolio for lasting income.

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image for news An Excellent 5-Fund Dividend Portfolio I'd Build To Retire On
5 Elite Dividend Stocks Wall Street Loves Today (AGNC, CVX, MPLX, PH, VZ)
AGNC, CVX, MPLX, PH, VZ
Published: October 13, 2025 by: 24/7 Wall Street
Sentiment: Positive

There is a fairly broad demographic of investors who are happy with steady growth and the bonus of a dependable dividend for their portfolios.

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image for news 5 Elite Dividend Stocks Wall Street Loves Today (AGNC, CVX, MPLX, PH, VZ)
From The Discount Rack To Your Portfolio: Two 8%+ Yielders
BIZD, BND, EPD, ET, JAAA, MPLX, MSDL, PAA, SPY, TBIL, WES
Published: October 10, 2025 by: Seeking Alpha
Sentiment: Positive

The chances for a notable correction are certainly not low. Going into richly priced and growth-focused names might not be the smartest idea. Yet, sitting on sidelines might come with some serious opportunity costs.

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image for news From The Discount Rack To Your Portfolio: Two 8%+ Yielders
How I Would Build An Ultra-High-Conviction Retirement Portfolio Right Now
AM, CBOE, CGDV, CSWC, DIVO, ELS, EME, FIX, FVR, GE, ICAP, JEPQ, KMI, KRC, LB, LHX, LLY, MO, MPLX, MSFT, NVDA, O, ODFL, OWL, PFXF
Published: October 03, 2025 by: Seeking Alpha
Sentiment: Neutral

Building a resilient retirement portfolio requires a mix of disruption-proof income from REITs, midstream energy, and high-yielding assets, plus growth stocks and ETFs. Current market challenges—AI disruption, weak job market, inflation risks—make long-term planning difficult, but also highlight the need for self-reliance and diversification. Core portfolio holdings should include large, proven REITs, natural gas midstream companies, select high-yield stocks, BDCs, preferred equity ETFs, and actively managed income funds.

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image for news How I Would Build An Ultra-High-Conviction Retirement Portfolio Right Now
7 Ideal "Safer" Dividend Buys From 61 September Graham Value All-Stars (GVAS)
BBVA, BMY, CMCSA, E, EPD, ET, MFC, MO, MPLX, MRK, OKE, PFE, TGT, TM, TTE, UPS, VZ, YRD
Published: September 30, 2025 by: Seeking Alpha
Sentiment: Positive

The article analyzes Large Cap Value (GASV) stocks using YCharts' Value Score and the Ben Graham Formula to identify fair-priced, high-yield dividend opportunities. Seven of fourteen 'safer' lowest-priced GASV Dogs—ET, MPLX, YRD, VZ, BMY, BBVA, and MFC—are highlighted as buyable for September 2025. Top ten GASV stocks are projected by analysts to deliver average net gains of 26.84% by September 2026, with Energy Transfer (ET) leading at 35.43%.

Read More
image for news 7 Ideal "Safer" Dividend Buys From 61 September Graham Value All-Stars (GVAS)
1 Quiet Energy Stock Offering a 7.6% Annual Dividend Yield -- and It's Outperforming the S&P 500
MPLX
Published: September 12, 2025 by: The Motley Fool
Sentiment: Positive

Some investors look for stocks that have good growth potential, while others look for stocks that can provide consistent income. It's not always an either-or thing as some stocks have proven to do both.

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image for news 1 Quiet Energy Stock Offering a 7.6% Annual Dividend Yield -- and It's Outperforming the S&P 500
Final Trades: Netflix, Amazon, MPLX and Valero Energy
AMZN, MPLX, NFLX, VLO
Published: September 02, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you their top stocks to watch for the second half.

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image for news Final Trades: Netflix, Amazon, MPLX and Valero Energy
Before The Fed Blinks: 8% Yields That Wall Street Is Sleeping On
DEA, MPLX
Published: September 01, 2025 by: Seeking Alpha
Sentiment: Positive

Wall Street is ignoring two low-risk 8% yield machines hiding in plain sight. Rate cuts could send these income giants soaring. These opportunities may not last once the Fed makes its next move.

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image for news Before The Fed Blinks: 8% Yields That Wall Street Is Sleeping On
MPLX to Divest Rockies Midstream Assets & Sharpen Focus on Core Basins
MPLX
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Neutral

MPLX is set to sell its Rockies gathering and processing assets for $1B to sharpen its focus on the core Marcellus and Permian basins.

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image for news MPLX to Divest Rockies Midstream Assets & Sharpen Focus on Core Basins
Think You Missed Out on MPLX? Here's the Biggest Reason You Haven't.
MPLX
Published: August 29, 2025 by: The Motley Fool
Sentiment: Neutral

@MatthewDiLallo Matt DiLallo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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image for news Think You Missed Out on MPLX? Here's the Biggest Reason You Haven't.
HARVEST MIDSTREAM ACCELERATES EXPANSION WITH $1 BILLION ACQUISITION OF MPLX UINTA AND GREEN RIVER BASIN GAS GATHERING & PROCESSING ASSETS
MPLX
Published: August 27, 2025 by: PRNewsWire
Sentiment: Neutral

HOUSTON , Aug. 27, 2025 /PRNewswire/ -- Harvest Midstream ("Harvest") today announced the signing of a purchase and sale agreement with MPLX LP (NYSE: MPLX) for the acquisition of an extensive natural gas gathering and processing network in the Uinta and Green River basins across Wyoming, Utah, and Colorado for $1 billion. The transaction is expected to close in the fourth quarter of 2025 and marks a significant milestone in Harvest's continued evolution into one of the nation's leading privately held midstream companies.

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image for news HARVEST MIDSTREAM ACCELERATES EXPANSION WITH $1 BILLION ACQUISITION OF MPLX UINTA AND GREEN RIVER BASIN GAS GATHERING & PROCESSING ASSETS
MPLX LP to Divest Rockies Gathering and Processing Assets
MPLX
Published: August 27, 2025 by: PRNewsWire
Sentiment: Neutral

FINDLAY, Ohio , Aug. 27, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has entered into a definitive agreement to divest its Rockies gathering and processing assets to a subsidiary of Harvest Midstream for $1.0 billion in cash consideration, subject to customary purchase price adjustments. Harvest has contractually agreed to dedicate approximately 12 thousand barrels per day of NGLs from these assets to MPLX for a period of seven years commencing in 2028, following the expiration of a pre-existing commitment.

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image for news MPLX LP to Divest Rockies Gathering and Processing Assets
Here Are My Top 3 Ultra-Yield Dividend Energy Stocks to Buy Now
EPD, ET, MPLX
Published: August 26, 2025 by: The Motley Fool
Sentiment: Positive

The best ultra-yield midstream stocks just don't pay big distributions and have high dividend yields -- they also have predictable cash flows, solid balance sheets, and strong growth project pipelines that will help support higher payouts down the road.

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image for news Here Are My Top 3 Ultra-Yield Dividend Energy Stocks to Buy Now
MPLX Vs. Enterprise Products: I Love Both, But My Winner Is MPLX
EPD, MPLX
Published: August 25, 2025 by: Seeking Alpha
Sentiment: Neutral

Both MPLX and EPD are top-tier midstream MLPs, offering high yields, strong balance sheets, and mission-critical energy infrastructure assets. EPD stands out for its reliability, 27 years of distribution growth, industry-leading ROIC, and attractive valuation, making it a Strong Buy for conservative investors. MPLX impresses with faster distribution growth, superior ROIC, aggressive expansion, and higher expected total returns, warranting a Strong Buy for growth-oriented investors.

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image for news MPLX Vs. Enterprise Products: I Love Both, But My Winner Is MPLX
My Top 3 MLPs To Invest In
ET, MPLX, WES
Published: August 22, 2025 by: Seeking Alpha
Sentiment: Positive

Midstream MLPs are attractive due to industry consolidation, strong free cash flow, and a focus on unitholder returns, despite energy transition concerns. Energy Transfer (ET) offers sector-low valuation, disciplined growth, and a 7.5% yield, making it my top pick for long-term infrastructure exposure. MPLX benefits from its Marathon link, high utilization, and strong natural gas growth, with a 7.7% yield and best-in-class profitability metrics.

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image for news My Top 3 MLPs To Invest In
MPLX Remains A Top Shelf Pick In The Midstream/Pipeline Space
MPLX
Published: August 19, 2025 by: Seeking Alpha
Sentiment: Positive

MPLX LP remains a 'buy' due to its stable cash flows, low leverage, and attractive valuation relative to peers. Despite recent underperformance versus the S&P 500, MPLX has delivered strong long-term returns and offers a high yield. Recent asset acquisitions and management's focus on growth opportunities should drive future profit and cash flow expansion.

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image for news MPLX Remains A Top Shelf Pick In The Midstream/Pipeline Space

About MPLX Lp (MPLX)

  • IPO Date 2012-10-26
  • Website https://www.mplx.com
  • Industry Oil & Gas Midstream
  • CEO Maryann T. Mannen
  • Employees 6200

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.