MPLX Stock Overview
Owns and operates midstream energy infrastructure and logistics assets primarily in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 6/6 |
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MPLX LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$47.28 |
| 52 Week High | US$51.94 |
| 52 Week Low | US$36.28 |
| Beta | 1.38 |
| 1 Month Change | -0.63% |
| 3 Month Change | 6.97% |
| 1 Year Change | 29.46% |
| 3 Year Change | 63.83% |
| 5 Year Change | 83.18% |
| Change since IPO | 73.82% |
Recent News & Updates
MPLX's Excess Cash Dynamic Slows, Lower Prices Might Be Coming
Dec 19MPLX: 8% Yield And Strong Dividend Growth
Dec 04MPLX Vs. Western Midstream: Two Highest Yielding MLPs, One Is Superior
Nov 18Recent updates
MPLX's Excess Cash Dynamic Slows, Lower Prices Might Be Coming
Dec 19MPLX: 8% Yield And Strong Dividend Growth
Dec 04MPLX Vs. Western Midstream: Two Highest Yielding MLPs, One Is Superior
Nov 18MPLX: I Am Bullish Heading Into Earnings And The Next Distribution Increase
Oct 28MPLX: Strong Momentum, But Units Near Fair Value (Rating Downgrade)
Oct 21Like A Hungry Tiger, MPLX's Growth Roars On
Sep 20MPLX: The 8% Yield You Shouldn't Ignore
Aug 16MPLX: Back On The Bullish Train Yielding Over 8%
Jul 16MPLX: One Of The Most Attractive Dividend Picks In The MLP Space
Jun 11MPLX Still Financially Growing And Growing And Growing
May 10MPLX LP: This 8%-Yielding MLP Is Still A Buy Now
May 01Upside Isn't Over For MPLX LP Yet
Apr 08MPLX: Upside Getting Squeezed But Still A Strong Income Play Yielding 8.32%
Mar 27MPLX: Expect Another Large Distribution Increase In 2024
Feb 23MPLX: 9% Yield, More Strong Earnings
Jan 19MPLX Is Positioned For Continued Dividend Growth
Dec 17MPLX: A 10% Yielding Rich Retirement Dream Machine
Nov 16'Buy Income' - MPLX's 9.4% Yield Is A Good Place To Start
Nov 06MPLX Continues Higher As Other High-Yielding Investments Decline
Oct 05MPLX LP: High And Sustainable Dividend Yield
Sep 26MPLX: Strong Performance Should Lead To A Hefty Distribution Increase
Aug 25A Warm November Rain (Increased Distributions) Awaits MPLX Investors
Aug 11MPLX: 9% Yield, Record Earnings
Jul 21MPLX: The Ultimate Buffett-Style 9.2% Yielding Retirement Dream Blue-Chip
Jun 15MPLX: A Hefty 9% Yield And Growth On Top Of That
Feb 15MPLX prices two-part notes offering totaling $1.6B
Feb 02MPLX declares $0.775 dividend
Jan 27MPLX: Both Roads Lead To Higher Distributions
Jan 1310%-Yielding MPLX: Now Is The Time To Buy
Dec 11MPLX Q3 2022 Earnings Preview
Oct 31Magnifying MPLX's Finances And Possible Growth
Oct 19MPLX: An Energy Play For The Looming Recession Supported By A 10% Yield
Sep 25MPLX: Higher Distributions Should Only Be Months Away
Aug 25MPLX to redeem $1B senior notes
Aug 15MPLX LP raises $1B debt capital
Aug 09MPLX Q2 2022 Earnings Preview
Aug 01MPLX: Midstream Risks Grow With Energy Demand Destruction
Jul 22MPLX: Buy This 10% Yield At A Steep Discount To Value
Jun 27MPLX: Buy The Dip On This 10% Yield
Jun 20MPLX Is A Very Safe 8.5% Yielding Retirement Dream Stock
Jun 03MPLX: A Special Investment - Part 3
May 14MPLX: 8% Yield, Strong Q1 2022 Earnings, 6.5% Dividend Growth
May 06MPLX: Boost Your Income With This 8% Yield
Apr 11MPLX: 9% Yield, 5% Dividend Growth In 2022, Undervalued
Mar 11MPLX: A Special Investment - Part 2
Feb 17MPLX: Expect 12% To 18%+ Of Your Capital Returned During 2022
Feb 07MPLX: A 9% Distribution For Yield Starved Investors
Jan 27MPLX: A Special Investment
Dec 21Shareholder Returns
| MPLX | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -3.2% | -5.1% | -2.4% |
| 1Y | 29.5% | 2.6% | 23.3% |
Return vs Industry: MPLX exceeded the US Oil and Gas industry which returned 2.6% over the past year.
Return vs Market: MPLX exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| MPLX volatility | |
|---|---|
| MPLX Average Weekly Movement | 2.7% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
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 (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Maryann Mannen | www.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
| MPLX fundamental statistics | |
|---|---|
| Market cap | US$47.01b |
| Earnings (TTM) | US$4.29b |
| Revenue (TTM) | US$11.04b |
11.2x
P/E Ratio4.4x
P/S RatioIs MPLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MPLX income statement (TTM) | |
|---|---|
| Revenue | US$11.04b |
| Cost of Revenue | US$4.70b |
| Gross Profit | US$6.34b |
| Other Expenses | US$2.05b |
| Earnings | US$4.29b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 04, 2025
| Earnings per share (EPS) | 4.21 |
| Gross Margin | 57.43% |
| Net Profit Margin | 38.88% |
| Debt/Equity Ratio | 157.9% |
How did MPLX perform over the long term?
See historical performance and comparisonDividends
8.1%
Current Dividend Yield83%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 01:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MPLX LP is covered by 34 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Theresa Chen | Barclays |
| Brian Zarahn | Barclays |
| Richard Gross | Barclays |