MPLX LP owns and operates energy infrastructure and midstream logistics assets primarily in the United States.
| Revenue (TTM) | $12.03B |
| Gross Profit (TTM) | $6.70B |
| EBITDA | $6.11B |
| Operating Margin | 38.30% |
| Return on Equity | 33.70% |
| Return on Assets | 7.25% |
| Revenue/Share (TTM) | $11.84 |
| Book Value | $13.83 |
| Price-to-Book | 4.25 |
| Price-to-Sales (TTM) | 4.89 |
| EV/Revenue | 7.25 |
| EV/EBITDA | 11.53 |
| Quarterly Earnings Growth (YoY) | 3.20% |
| Quarterly Revenue Growth (YoY) | 10.60% |
| Shares Outstanding | $1.01B |
| Float | $364.75M |
| % Insiders | 64.03% |
| % Institutions | 19.71% |
Volatility is currently expanding
Most investors assume energy dividends live and die with oil prices, but five pipeline operators have kept raising their payouts through every crash and recovery since 1999. The reason has everything to do with how midstream companies actually get paid.
MPLX LP (MPLX) reached $57.98 at the closing of the latest trading day, reflecting a -1.41% change compared to its last close.
Dividend investors can combat inflation by either increasing portfolio yield or focusing on growth stocks with strong dividend growth potential. The high-yield strategy seeks the optimal balance between yield and acceptable risk, avoiding dividend cuts and NAV erosion. The dividend growth approach emphasizes businesses with robust long-term growth prospects to ensure dividends outpace inflation.
MPLX is rapidly expanding its natural gas and crude oil platform, especially in the Permian Basin, and stands out for its balanced business model. MPLX delivered mid-single-digit year-over-year EBITDA growth in Q2 and maintains a strong 1.3x distribution coverage ratio, supporting further distribution increases. Trading at 11.8x EBITDA, MPLX offers up to 11% upside, with a fair value range of $60.65–$65.70 based on superior distribution growth.
FINDLAY, Ohio, Sept. 17, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, November 3, 2026, at 9:30 a.m.
Chicago, IL – September 17, 2026 – Zacks Equity Research shares Constellium CSTM as the Bull of the Day and AGCO AGCO as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Kinder Morgan, Inc. KMI, MPLX LP MPLX and The Williams Companies, Inc. WMB.
Kinder Morgan, MPLX and Williams stand out amid Iran-war oil volatility, backed by fee-based midstream businesses and long-term contracts.
When a frothy stock market threatens your retirement income, four overlooked dividend giants offer yields that dwarf what most investors settle for, and one REIT has refused to cut its payout through every financial storm since 2009.
MPLX LP (MPLX) concluded the recent trading session at $58.89, signifying a -1.59% move from its prior day's close.
MPLX LP is positioned for robust growth, with management targeting 12.5% annual distribution increases through 2027. MPLX's EBITDA mix is shifting toward natural gas and NGLs, reducing reliance on crude logistics and Marathon Petroleum (MPC). Leverage has risen to 3.7x and may approach 4x, but management expects coverage and leverage to improve as new projects ramp up.
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