Mplx (MPLX) Stock Price, News & Analysis

Company Overview

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators. MPLX serves both captive customers and third parties under a mix of fee-based and commodity-linked arrangements, providing crude and refined product terminals, NGL handling and fractionation, and connectivity between production basins and downstream demand centers. Its operations are geared toward integrated midstream solutions that support the movement and value-add processing of hydrocarbon streams from wellhead to market.

MPLX was formed by Marathon Petroleum in 2012 to consolidate and expand midstream capabilities and has grown through strategic acquisitions and organic development, including the 2015 purchase of MarkWest Energy Partners which expanded its NGL processing and fractionation footprint. The partnership’s operations span many of North America’s major producing regions and refining centers, with concentrations in the Northeast, Midwest, Gulf Coast and key shale basins. MPLX maintains commercial relationships across the energy value chain while continuing to develop infrastructure to support production and refined product flows.

Key Stats

• Today's Range: $56.33 to $57.18
• 50-Day Range: $54.02 to $58.14
• 52-Week Range: $47.80 to $59.98
• Volume: 1.99 million shs
• Average Volume: 1.91 million shs
• Market Capitalization: $57.35 billion
• P/E Ratio: 12.23
• Dividend Yield: 7.61%
• Price Target: $61.60
• Consensus Rating: Moderate Buy

Mplx Stock Analysis - MarketRank™

Mplx scored higher than 88% of companies evaluated by MarketBeat, and ranked 45th out of 251 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Mplx has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 1 strong buy rating, 7 buy ratings, 5 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Mplx is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Mplx has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.72%

Earnings Growth

Earnings for Mplx are expected to grow by 9.72% in the coming year, from $4.22 to $4.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Mplx is 12.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mplx is 12.22, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 19.98.

Price to Earnings Growth Ratio

Mplx has a PEG Ratio of 5.42. 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 3.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.65% 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 2.34, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mplx has recently decreased by 5.56%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Mplx is a leading dividend payer. It pays a dividend yield of 7.65%, 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 93.07%. 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 92.87% in the coming year. This indicates that Mplx may not be able to sustain their current dividend.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.46

News Sentiment

Mplx has a news sentiment score of 0.46. 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 lower news sentiment than the 0.67 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Mplx this week, compared to 7 articles on an average week.

Search Interest

Only 32 people have searched for MPLX on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

MarketBeat Follows

49 people have added Mplx to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Institutions

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

Company Calendar

• Last Earnings: 5/05/2026
• Record date for 5/15 Dividend: 5/08/2026
• Ex-Dividend for 5/15 Dividend: 5/08/2026
• Dividend Payable: 5/15/2026
• Today: 6/09/2026
• Next Earnings (Estimated): 8/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL - PROD/PIPELN
• Sub-Industry: Transportation
• Current Symbol: NYSE:MPLX
• CIK: 1552000
• Web: www.mplx.com
• Phone: (419) 421-2414
• Fax: N/A
• Employees: 5,762
• Year Founded: 2012

Price Target and Rating

• Average Price Target for Mplx: $61.60
• High Price Target: $73.00
• Low Price Target: $55.00
• Potential Upside/Downside: +9.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.69
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.62
• Trailing P/E Ratio: 12.23
• Forward P/E Ratio: 13.39
• P/E Growth: 5.42
• Net Income: $4.91 billion
• Net Margins: 36.38%
• Pretax Margin: 36.76%
• Return on Equity: 32.74%
• Return on Assets: 11.25%

Debt

• Debt-to-Equity Ratio: 1.71
• Current Ratio: 1.10
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $11.39 billion
• Price / Sales: 5.03
• Cash Flow: $6.20 per share
• Price / Cash Flow: 9.11
• Book Value: $14.31 per share
• Price / Book: 3.95

Miscellaneous

• Outstanding Shares: 1,014,734,000
• Free Float: N/A
• Market Cap: $57.35 billion
• Optionable: Optionable
• Beta: 0.48