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MPLX LPNYSE:MPLX Stock Report

Market Cap US$51.0b
Share Price
US$49.42
My Fair Value
US$57
12.9% undervalued intrinsic discount
1Y16.0%
7D-1.6%
Portfolio Value
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MPLX LP

NYSE:MPLX Stock Report

Market Cap: US$51.0b

MPLX Community Fair Values

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MPLX LP Competitors

Price History & Performance

Summary of share price highs, lows and changes for MPLX
Historical stock prices
Current Share PriceUS$49.42
52 Week HighUS$54.87
52 Week LowUS$41.83
Beta0.67
1 Month Change-2.72%
3 Month Change-3.81%
1 Year Change16.01%
3 Year Change52.01%
5 Year Change165.98%
Change since IPO81.69%

Recent News & Updates

MPLX Is A Distribution Growth Machine That Can Go Higher

Aug 18

Recent updates

MPLX Is A Distribution Growth Machine That Can Go Higher

Aug 18

MPLX: Why I Can't Go Pass This Income Compounder

Apr 28

MPLX Is A Strong Income Investment With Large Distributions And Growth

Apr 16

MPLX: 3 Reasons To Buy This MLP

Mar 26

MPLX Might Become The Best Compounder Among MLPs

Mar 16

MPLX: Attractive 7%+ Yield And Compelling Growth Prospects

Feb 19

MPLX's Returns: Grow And Grow And Grow

Feb 06

MPLX Has An In-Basin AI Opportunity For Gas Supply

Jan 27

MPLX Should Benefit From Deregulation And Increased Drilling, Yielding Over 7%

Jan 20

MPLX: A Top Midstream Play For 2025

Dec 26

MPLX's Excess Cash Dynamic Slows, Lower Prices Might Be Coming

Dec 19

MPLX: 8% Yield And Strong Dividend Growth

Dec 04

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
User avatar

Strategic Investments In Natural Gas And NGL Assets Spark Revenue And Profit Growth

MPLX's strategy focuses on expanding its natural gas and oil value chain in the Permian Basin, indicating a potential for increased volumes and revenue.

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

Shareholder Returns

MPLXUS Oil and GasUS Market
7D-1.6%0.4%1.3%
1Y16.0%-3.9%15.8%

Return vs Industry: MPLX exceeded the US Oil and Gas industry which returned -3.9% over the past year.

Return vs Market: MPLX matched the US Market which returned 15.8% over the past year.

Price Volatility

Is MPLX's price volatile compared to industry and market?
MPLX volatility
MPLX Average Weekly Movement2.1%
Oil and Gas Industry Average Movement5.7%
Market Average Movement6.4%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.0%

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, Crude Oil and Products Logistics; and Natural Gas and NGL Services. 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$50.95b
Earnings (TTM)US$4.30b
Revenue (TTM)US$11.49b
11.7x
P/E Ratio
4.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MPLX income statement (TTM)
RevenueUS$11.49b
Cost of RevenueUS$5.03b
Gross ProfitUS$6.46b
Other ExpensesUS$2.16b
EarningsUS$4.30b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)4.21
Gross Margin56.21%
Net Profit Margin37.39%
Debt/Equity Ratio151.0%

How did MPLX perform over the long term?

See historical performance and comparison

Dividends

7.7%
Current Dividend Yield
91%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/18 15:44
End of Day Share Price 2025/08/18 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

MPLX LP is covered by 36 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Theresa ChenBarclays
Brian ZarahnBarclays
Richard GrossBarclays