Free Trial
NYSE:MPLX

Mplx (MPLX) Stock Price, News & Analysis

Mplx logo
$51.59 +0.37 (+0.72%)
Closing price 06/27/2025 03:59 PM Eastern
Extended Trading
$49.00 -2.59 (-5.02%)
As of 04:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Mplx Stock (NYSE:MPLX)

Key Stats

Today's Range
$51.05
$51.74
50-Day Range
$48.97
$52.54
52-Week Range
$39.95
$54.87
Volume
1.28 million shs
Average Volume
1.67 million shs
Market Capitalization
$52.66 billion
P/E Ratio
11.91
Dividend Yield
7.42%
Price Target
$55.50
Consensus Rating
Moderate Buy

Company Overview

MPLX is a diversified master limited partnership formed in 2012 as a subsidiary of Marathon Petroleum Corporation. As a midstream energy infrastructure company, it focuses on the gathering, processing, transportation and storage of crude oil, refined products, natural gas liquids (NGLs) and renewable fuels. MPLX operates as an independent entity, maintaining commercial arrangements with affiliated and third-party producers, refiners and distributors to ensure stable throughput and capacity utilization.

The company’s main business activities include operating crude oil and refined product pipelines, owning and managing terminal and storage facilities, and providing trucking and marine logistics services. MPLX’s pipeline network links major production basins and refinery complexes, enabling efficient movement of hydrocarbons. Its storage terminals offer inventory management solutions for both petroleum products and feedstocks, featuring access to barge, rail and truck loading racks to serve diverse customer requirements.

In addition to traditional hydrocarbon transportation, MPLX is a significant player in NGL gathering and processing. The partnership’s processing plants extract ethane, propane and butane from natural gas streams, while its fractionation facilities purify and separate these liquids for sale into petrochemical, heating and blending markets. More recently, MPLX has expanded into renewable fuels logistics, supporting the distribution of ethanol, biodiesel and renewable diesel through dedicated pipelines and storage tanks to help customers meet evolving regulatory mandates.

Headquartered in Findlay, Ohio, MPLX serves key energy regions across the United States, including the Gulf Coast, Midwest, Rocky Mountains, Northeast and West Coast. Under the leadership of Chief Executive Officer Michael Hennigan, the company emphasizes operational reliability, strategic growth and environmental stewardship. MPLX continues to evaluate capital projects, acquisitions and joint ventures aimed at enhancing its asset footprint and meeting customer demands for flexible, low-cost midstream solutions.

AI Generated. May Contain Errors.

Mplx Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
35th Percentile Overall Score

MPLX MarketRank™: 

Mplx scored higher than 35% of companies evaluated by MarketBeat, and ranked 204th out of 268 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Mplx has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 6 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    Mplx has only been the subject of 1 research reports in the past 90 days.

  • Read more about Mplx's stock forecast and price target.
  • Earnings Growth

    Earnings for Mplx are expected to grow by 5.67% in the coming year, from $4.41 to $4.66 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mplx is 11.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.00.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mplx is 11.91, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 54.16.

  • Price to Earnings Growth Ratio

    Mplx has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Mplx has a P/B Ratio of 3.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Mplx's valuation and earnings.
  • Percentage of Shares Shorted

    2.11% of the float of Mplx has been sold short.
  • Short Interest Ratio / Days to Cover

    Mplx has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Mplx has recently increased by 1.31%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Mplx is a leading dividend payer. It pays a dividend yield of 7.41%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Mplx has been increasing its dividend for 9 years.

  • Dividend Coverage

    The dividend payout ratio of Mplx is 88.45%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Mplx will have a dividend payout ratio of 82.19% in the coming year. This indicates that Mplx may not be able to sustain their current dividend.

  • Read more about Mplx's dividend.
  • Percentage of Shares Shorted

    2.11% of the float of Mplx has been sold short.
  • Short Interest Ratio / Days to Cover

    Mplx has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Mplx has recently increased by 1.31%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Mplx has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Mplx this week, compared to 9 articles on an average week.
  • Search Interest

    Only 40 people have searched for MPLX on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.
  • MarketBeat Follows

    23 people have added Mplx to their MarketBeat watchlist in the last 30 days. This is an increase of 64% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Mplx insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 24.25% of the stock of Mplx is held by institutions.

  • Read more about Mplx's insider trading history.
Receive MPLX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Mplx and its competitors with MarketBeat's FREE daily newsletter.

MPLX Stock News Headlines

Trump’s unwinnable war
Over the years, we’ve been dragged into a long line of wars. The war on drugs. The war on terror. Wars with no clear goal, no endgame… no real answers for why we were fighting them in the first place. Trillions spent, countless young lives lost, and what do we have to show for it? And now, as yet another conflict erupts in the Middle East and billions more are burned in foreign sand, I urge you: Do not be distracted.
MPLX LP Partnership Units Trailing Returns - Morningstar
MPLX - Dividend History | Morningstar
See More Headlines

MPLX Stock Analysis - Frequently Asked Questions

Mplx's stock was trading at $47.86 at the start of the year. Since then, MPLX shares have increased by 7.8% and is now trading at $51.5880.
View the best growth stocks for 2025 here
.

Mplx Lp (NYSE:MPLX) announced its earnings results on Tuesday, May, 6th. The pipeline company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.07 by $0.03. The company's revenue was up 9.8% on a year-over-year basis.
Read the conference call transcript
.

Shares of MPLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Mplx investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Enterprise Products Partners (EPD), Energy Transfer (ET), NVIDIA (NVDA), Meta Platforms (META) and Broadcom (AVGO).

Company Calendar

Last Earnings
5/06/2025
Record date for 5/16 Dividend
5/09/2025
Ex-Dividend for 5/16 Dividend
5/09/2025
Dividend Payable
5/16/2025
Today
6/30/2025
Next Earnings (Estimated)
8/05/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
OIL - PROD/PIPELN
Sub-Industry
Transportation
Current Symbol
NYSE:MPLX
Fax
N/A
Employees
5,810
Year Founded
2012

Price Target and Rating

Average Stock Price Target
$55.50
High Stock Price Target
$62.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+7.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Trailing P/E Ratio
11.91
Forward P/E Ratio
11.70
P/E Growth
1.6
Net Income
$4.32 billion
Pretax Margin
36.75%

Debt

Sales & Book Value

Annual Sales
$11.93 billion
Cash Flow
$5.56 per share
Price / Cash Flow
9.28
Book Value
$13.58 per share
Price / Book
3.80

Miscellaneous

Outstanding Shares
1,020,800,000
Free Float
N/A
Market Cap
$52.66 billion
Optionable
Optionable
Beta
0.74

Social Links

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report

This page (NYSE:MPLX) was last updated on 6/30/2025 by MarketBeat.com Staff
From Our Partners