MPLX Lp (MPLX)

US — Energy Sector
Peers: EPD  ET  PAA 

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Key Metrics & Ratings

  • symbol MPLX
  • Rev/Share 11.0696
  • Book/Share 13.7735
  • PB 3.7774
  • Debt/Equity 1.5711
  • CurrentRatio 1.0339
  • ROIC 0.145

 

  • MktCap 52156002600.0
  • FreeCF/Share 4.8196
  • PFCF 10.6094
  • PE 12.1122
  • Debt/Assets 0.5738
  • DivYield 0.0748
  • ROE 0.3124

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • 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

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.

Read More
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.

Read More
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
MPLX Is A Distribution Growth Machine That Can Go Higher
MPLX
Published: August 18, 2025 by: Seeking Alpha
Sentiment: Positive

MPLX is a top pick for income investors, offering a 7.65% yield and a decade-long track record of distribution growth. Strategic acquisitions and organic growth projects position MPLX for continued profitability, as energy demand rises, especially from data center expansion. Strong financials: revenue, EBITDA, and free cash flow have all grown significantly since 2019, supporting future distribution increases.

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image for news MPLX Is A Distribution Growth Machine That Can Go Higher
The Only 2 Places I'd Put Big Money For Income And Growth Right Now
ADC, AM, APO, BIP, BIPC, BN, CAT, CMI, CNI, CP, CSX, ENB, EPRT, ET, IGF, LINE, MPLX, NEE, NNN, O, OKE, OWL, PLD, REXR, TRP
Published: August 18, 2025 by: Seeking Alpha
Sentiment: Positive

I hunt investments that combine safety, income, and growth, avoiding hype and focusing on long-term, high-quality opportunities. Some areas are unloved and undervalued, offering income, potential growth, and protection against inflation, perfect for patient investors. I seek places with professional management, liquidity, and dual potential, giving me both steady income and the chance for capital gains.

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image for news The Only 2 Places I'd Put Big Money For Income And Growth Right Now
5 High-Quality Dividend Stocks Yielding Well Over 5% to Buy Without Hesitation Right Now
BIP, EPR, MAIN, MPLX, O
Published: August 17, 2025 by: The Motley Fool
Sentiment: Positive

With the market continuing its upward move this year, dividend yields have continued to fall. The S&P 500's yield is around 1.2%, near its lowest level in over two decades.

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image for news 5 High-Quality Dividend Stocks Yielding Well Over 5% to Buy Without Hesitation Right Now
3 Midstream Stocks That Can Sail Through Energy Volatility
KMI, MPLX, WMB
Published: August 15, 2025 by: Zacks Investment Research
Sentiment: Negative

Kinder Morgan, MPLX and Williams boast fee-based midstream models built to withstand oil and gas price swings.

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image for news 3 Midstream Stocks That Can Sail Through Energy Volatility
MPLX LP (MPLX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
MPLX
Published: August 06, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for MPLX LP (MPLX) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news MPLX LP (MPLX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
MPLX Q2 Earnings Miss Estimates on Higher Operating Expenses
MPLX
Published: August 06, 2025 by: Zacks Investment Research
Sentiment: Negative

MPLX Q2 earnings and revenues decline year over year on rising costs and lower gathering volumes.

Read More
image for news MPLX Q2 Earnings Miss Estimates on Higher Operating Expenses
MPLX LP Common Units (MPLX) Q2 2025 Earnings Conference Call Transcript
MPLX
Published: August 05, 2025 by: Seeking Alpha
Sentiment: Neutral

MPLX LP Common Units (NYSE:MPLX ) Q2 2025 Earnings Call August 5, 2025 9:30 AM ET Company Participants Carl Kristopher Hagedorn - Executive VP, CFO & Director of MPLX GP LLC David R. Heppner - Senior Vice President of MPLX GP LLC Gregory Scott Floerke - Executive VP & COO of MPLX GP LLC Kristina Anna Kazarian - Vice President of Finance & Investor Relations Maryann T.

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image for news MPLX LP Common Units (MPLX) Q2 2025 Earnings Conference Call Transcript
MPLX LP (MPLX) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
MPLX
Published: August 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Beyond analysts' top-and-bottom-line estimates for MPLX LP (MPLX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.

Read More
image for news MPLX LP (MPLX) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Earnings Growth & Price Strength Make MPLX LP (MPLX) a Stock to Watch
MPLX
Published: August 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

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image for news Earnings Growth & Price Strength Make MPLX LP (MPLX) a Stock to Watch
MPLX to Buy Northwind Midstream for $2.38 Billion
MPLX
Published: July 31, 2025 by: WSJ
Sentiment: Positive

The midstream energy-and-logistics business will gain PE-backed Northwind's portfolio of over 200,000 acres and more than 200 miles of gathering pipelines as part of the deal.

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image for news MPLX to Buy Northwind Midstream for $2.38 Billion
MPLX Set to Report Q2 Earnings: What Investors Should Know
MPLX
Published: July 31, 2025 by: Zacks Investment Research
Sentiment: Positive

MPLX is scheduled to report Q2 results on Aug. 5, with stable cash flows and rising gas segment EBITDA seen as key drivers.

Read More
image for news MPLX Set to Report Q2 Earnings: What Investors Should Know
Countdown to MPLX LP (MPLX) Q2 Earnings: Wall Street Forecasts for Key Metrics
MPLX
Published: July 31, 2025 by: Zacks Investment Research
Sentiment: Neutral

Get a deeper insight into the potential performance of MPLX LP (MPLX) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Read More
image for news Countdown to MPLX LP (MPLX) Q2 Earnings: Wall Street Forecasts for Key Metrics
Five Point Infrastructure in talks to sell Northwind Midstream to MPLX, Bloomberg News reports
MPLX
Published: July 30, 2025 by: Reuters
Sentiment: Positive

Five Point Infrastructure is in talks to sell Northwind Midstream Partners LLC for about $2.3 billion to MPLX , Bloomberg News reported on Wednesday, citing people familiar with the matter.

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image for news Five Point Infrastructure in talks to sell Northwind Midstream to MPLX, Bloomberg News reports
Why MPLX LP (MPLX) is a Top Momentum Stock for the Long-Term
MPLX
Published: July 30, 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 Why MPLX LP (MPLX) is a Top Momentum Stock for the Long-Term
Why the Market Dipped But MPLX LP (MPLX) Gained Today
MPLX
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

MPLX LP (MPLX) closed the most recent trading day at $51.77, moving +1.53% from the previous trading session.

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image for news Why the Market Dipped But MPLX LP (MPLX) Gained Today
MPLX LP Announces Quarterly Distribution
MPLX
Published: July 29, 2025 by: PRNewsWire
Sentiment: Neutral

FINDLAY, Ohio , July 29, 2025 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the second quarter of 2025, or $3.826 on an annualized basis. The distribution will be paid on Aug. 15, 2025, to common unitholders of record as of Aug. 8, 2025.

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image for news MPLX LP Announces Quarterly Distribution
16 Ideal 'Safer' Dividend Dogs To Buy From 70 July Graham Value All-Stars (GVAS)
ARCC, BCC, BCS, BNS, BXSL, CALM, COLB, DHT, EPD, ET, FLNG, FSK, HP, ING, MO, MPLX, NOAH, NWBI, PFE, RMR, SU, TFC, TRMD, TTE, UPS
Published: July 25, 2025 by: Seeking Alpha
Sentiment: Positive

Graham All Star Value (GASV) strategy identifies top dividend 'dogs' offering high yield and fair pricing, using YCharts' large cap value and Ben Graham screens. Analyst projections suggest the top ten GASV stocks could deliver average net gains of 27.55% by July 2026, with moderate risk. Sixteen of the twenty-one lowest-priced, 'safer' GASV dividend stocks are currently buyable, with dividends exceeding share price for ideal picks.

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image for news 16 Ideal 'Safer' Dividend Dogs To Buy From 70 July Graham Value All-Stars (GVAS)
High Yielding Dividend Stocks Creating American Energy Independence
ENB, EPD, ET, MPLX, WES
Published: July 23, 2025 by: 24/7 Wall Street
Sentiment: Positive

The Trump Administration policy of US energy independence, combined with the exponentially increased demands for electric power to fuel AI and data centers, is fueling increases in domestic oil and gas production due to the unreliability of wind and solar power.

Read More
image for news High Yielding Dividend Stocks Creating American Energy Independence
MPLX Is Transitioning To Gain A Better Footing In An Ever-Changing Energy Industry
MPLX
Published: July 17, 2025 by: Seeking Alpha
Sentiment: Positive

MPLX remains a strong buy due to robust Q1 results, high distribution yield, and strategic expansion in natural gas and NGL infrastructure. The company's fixed-fee contracts and close ties with Marathon Petroleum provide stable cash flows, supporting reliable distributions and high utilization rates. Growth is driven by increased Permian Basin presence, new projects, and the ONEOK JV, positioning MPLX for long-term relevance despite oil market shifts.

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image for news MPLX Is Transitioning To Gain A Better Footing In An Ever-Changing Energy Industry

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.