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MPLX NYSE:MPLX Stock Report

Last Price

US$50.56

Market Cap

US$52.2b

7D

1.8%

1Y

39.1%

Updated

03 Dec, 2024

Data

Company Financials +

MPLX Stock Overview

Owns and operates midstream energy infrastructure and logistics assets primarily in the United States. More details

MPLX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health2/6
Dividends6/6

Community Narratives

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Narratives bring a range of perspectives from our community.

MPLX LP Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MPLX
Historical stock prices
Current Share PriceUS$50.56
52 Week HighUS$51.94
52 Week LowUS$35.51
Beta1.38
11 Month Change14.36%
3 Month Change19.16%
1 Year Change39.05%
33 Year Change69.32%
5 Year Change100.40%
Change since IPO85.88%

Recent News & Updates

MPLX Vs. Western Midstream: Two Highest Yielding MLPs, One Is Superior

Nov 18

MPLX: I Am Bullish Heading Into Earnings And The Next Distribution Increase

Oct 28

MPLX: Strong Momentum, But Units Near Fair Value (Rating Downgrade)

Oct 21

Recent updates

MPLX Vs. Western Midstream: Two Highest Yielding MLPs, One Is Superior

Nov 18

MPLX: I Am Bullish Heading Into Earnings And The Next Distribution Increase

Oct 28

MPLX: Strong Momentum, But Units Near Fair Value (Rating Downgrade)

Oct 21

Like A Hungry Tiger, MPLX's Growth Roars On

Sep 20

MPLX: The 8% Yield You Shouldn't Ignore

Aug 16

MPLX: Back On The Bullish Train Yielding Over 8%

Jul 16

MPLX: One Of The Most Attractive Dividend Picks In The MLP Space

Jun 11

MPLX Still Financially Growing And Growing And Growing

May 10

MPLX LP: This 8%-Yielding MLP Is Still A Buy Now

May 01

Upside Isn't Over For MPLX LP Yet

Apr 08

MPLX: Upside Getting Squeezed But Still A Strong Income Play Yielding 8.32%

Mar 27

MPLX: Expect Another Large Distribution Increase In 2024

Feb 23

MPLX: 9% Yield, More Strong Earnings

Jan 19

MPLX Is Positioned For Continued Dividend Growth

Dec 17

MPLX: A 10% Yielding Rich Retirement Dream Machine

Nov 16

'Buy Income' - MPLX's 9.4% Yield Is A Good Place To Start

Nov 06

MPLX Continues Higher As Other High-Yielding Investments Decline

Oct 05

MPLX LP: High And Sustainable Dividend Yield

Sep 26

MPLX: Strong Performance Should Lead To A Hefty Distribution Increase

Aug 25

A Warm November Rain (Increased Distributions) Awaits MPLX Investors

Aug 11

MPLX: 9% Yield, Record Earnings

Jul 21

MPLX: The Ultimate Buffett-Style 9.2% Yielding Retirement Dream Blue-Chip

Jun 15

MPLX: A Hefty 9% Yield And Growth On Top Of That

Feb 15

MPLX prices two-part notes offering totaling $1.6B

Feb 02

MPLX declares $0.775 dividend

Jan 27

MPLX: Both Roads Lead To Higher Distributions

Jan 13

10%-Yielding MPLX: Now Is The Time To Buy

Dec 11

MPLX Q3 2022 Earnings Preview

Oct 31

Magnifying MPLX's Finances And Possible Growth

Oct 19

MPLX: An Energy Play For The Looming Recession Supported By A 10% Yield

Sep 25

MPLX: Higher Distributions Should Only Be Months Away

Aug 25

MPLX to redeem $1B senior notes

Aug 15

MPLX LP raises $1B debt capital

Aug 09

MPLX Q2 2022 Earnings Preview

Aug 01

MPLX: Midstream Risks Grow With Energy Demand Destruction

Jul 22

MPLX: Buy This 10% Yield At A Steep Discount To Value

Jun 27

MPLX: Buy The Dip On This 10% Yield

Jun 20

MPLX Is A Very Safe 8.5% Yielding Retirement Dream Stock

Jun 03

MPLX: A Special Investment - Part 3

May 14

MPLX: 8% Yield, Strong Q1 2022 Earnings, 6.5% Dividend Growth

May 06

MPLX: Boost Your Income With This 8% Yield

Apr 11

MPLX: 9% Yield, 5% Dividend Growth In 2022, Undervalued

Mar 11

MPLX: A Special Investment - Part 2

Feb 17

MPLX: Expect 12% To 18%+ Of Your Capital Returned During 2022

Feb 07

MPLX: A 9% Distribution For Yield Starved Investors

Jan 27

MPLX: A Special Investment

Dec 21

MPLX: 9.4% Yield, Are You Swimming In Cash?

Nov 18

MPLX: Even More Distribution Growth Is Coming For This 9% Yield

Nov 04

Shareholder Returns

MPLXUS Oil and GasUS Market
7D1.8%-0.5%0.4%
1Y39.1%16.8%32.3%

Return vs Industry: MPLX exceeded the US Oil and Gas industry which returned 16.8% over the past year.

Return vs Market: MPLX exceeded the US Market which returned 32.3% over the past year.

Price Volatility

Is MPLX's price volatile compared to industry and market?
MPLX volatility
MPLX Average Weekly Movement2.2%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.3%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.1%

Stable Share Price: MPLX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MPLX's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aMaryann Mannenwww.mplx.com

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, 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 renewables; and sale of residue gas and condensate.

MPLX LP Fundamentals Summary

How do MPLX's earnings and revenue compare to its market cap?
MPLX fundamental statistics
Market capUS$52.18b
Earnings (TTM)US$4.29b
Revenue (TTM)US$11.04b

12.0x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MPLX income statement (TTM)
RevenueUS$11.04b
Cost of RevenueUS$4.70b
Gross ProfitUS$6.34b
Other ExpensesUS$2.05b
EarningsUS$4.29b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.21
Gross Margin57.43%
Net Profit Margin38.88%
Debt/Equity Ratio157.9%

How did MPLX perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

83%

Payout Ratio