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MPLX LP

MPLX · NYSE

$58.39+$0.21 (+0.36%)TodayMarket closed ·
Prev close $58.18

About MPLX

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. The company is headquartered in Findlay, Ohio and currently employs 5,762 full-time employees. The company went IPO on 2012-10-26. The firm's segments include Crude Oil and Products Logistics, and Natural Gas and NGL Services. The Crude Oil and Products Logistics segment is primarily engaged in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. These assets consist of a network of approximately 14,766 miles of wholly and jointly-owned pipelines and associated storage assets, refining logistics assets at 13 refineries, 88 terminals including rail and truck racks, one export terminal, storage caverns, tank farm assets, an inland marine business and a fuels distribution business. The Natural Gas and NGL Services segment provides wellhead to market services including gathering, processing and transportation of natural gas and natural gas liquids.

Employees
5,762
Headquarters
Findlay, Ohio
Listed
Oct 26, 2012
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Website
mplx.com

MPLX key statistics

Market cap
59.20B
Price-earnings ratio
12.51
Dividend yield
7.21%
Average volume
1.34M
Volume
1.16M
Open price
$58.35
High today
$58.40
Low today
$57.67
52 Week high
$60.95
52 Week low
$49.00

MPLX LP (MPLX) at a glance

MPLX LP (MPLX) last traded at $58.39, with a market cap of 59.20B, a price-to-earnings ratio of 12.51 and a dividend yield of 7.21%.

Today the stock has traded between $57.67 and $58.40. The current price is 1.2% above the day's low and 0.0% below its high.

Volume so far is 1.16M shares, in line with the average of 1.34M shares a day.

Over the past year MPLX LP has ranged from $49.00 to $60.95, and now sits 79% of the way up that range.

MPLX LP met or beat analyst EPS estimates in 3 of the last 8 quarters. In Q2 FY26 it reported $1.06 per share against an estimate of $1.10.

The average analyst price target is $63.57, 8.9% above the current price, from 14 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

57%of 14 analyst ratings say Buy
  • Buy57.1%
  • Hold42.9%
  • Sell0.0%
Price target · 15 analystsAvg $63.57
Low
$54.54
Now
$58.39
High
$76.65

MPLX earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 3 of the last 8 quarters, by 15.9% on average.

  1. Q3 FY24: reported $1.01 per share against an estimate of $1.07
  2. Q4 FY24: reported $1.07 per share against an estimate of $1.06
  3. Q1 FY25: reported $1.10 per share against an estimate of $1.12
  4. Q2 FY25: reported $1.03 per share against an estimate of $1.09
  5. Q3 FY25: reported $1.52 per share against an estimate of $1.10
  6. Q4 FY25: reported $1.17 per share against an estimate of $1.08
  7. Q1 FY26: reported $0.90 per share against an estimate of $1.07
  8. Q2 FY26: reported $1.06 per share against an estimate of $1.10

MPLX news

  • Press releasePRNewswire

    MPLX LP to Report Third-Quarter Results on November 3, 2026

  • Press releasePRNewswire

    MPLX LP 2025 K-3 tax packages now available on company website

  • Press releasePRNewswire

    SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST

  • Press releasePRNewswire

    MPLX LP prices $2.25 billion senior notes offering

  • Lekha Gupta

    Marathon Petroleum Crushes Q2 As Refining Boom Fuels Massive Earnings Beat

  • Press releasePRNewswire

    MPLX LP Reports Second-Quarter 2026 Financial Results

  • Press releasePRNewswire

    MPLX LP Announces Quarterly Distribution

  • Press releasePRNewswire

    MPLX LP to Report Second-Quarter Results on August 4, 2026

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.