MPLX (MPLX) Stock Overview
Owns and operates midstream energy infrastructure and logistics assets primarily in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
MPLX Community Fair Values
See what 113 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
MPLX LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$56.47 |
| 52 Week High | US$59.98 |
| 52 Week Low | US$47.80 |
| Beta | 0.48 |
| 1 Month Change | 2.04% |
| 3 Month Change | -4.11% |
| 1 Year Change | 11.58% |
| 3 Year Change | 66.73% |
| 5 Year Change | 97.24% |
| Change since IPO | 107.61% |
Recent News & Updates
MPLX: Big Yield, Healthy Returns In 2026, Growth On Track
Summary MPLX maintains a buy rating, supported by a high 7.63% yield and solid distribution coverage. Q1 results were soft, but record adjusted EBITDA of $1.7B and ongoing growth initiatives underpin the investment case. Management reiterates a 12.5% distribution growth rate for 2026, with expansion projects expected to drive long-term capacity. Units trade modestly below fair value; technicals remain constructive with support at $52 and potential upside above $56.50. Read the full article on Seeking AlphaMPLX: Future Returns Will Reflect Q4 Execution And Crude Throughput Resilience
Analysts have nudged the average price target on MPLX slightly higher to around $60, reflecting a mix of recent target cuts near $60 and increases up to $73, supported by updated earnings models and a more constructive view on U.S. crude production. Analyst Commentary Recent research shows price targets for MPLX clustering around the high US$50s to low US$70s, with several firms updating their models after the latest Q4 earnings.Recent updates
Shareholder Returns
| MPLX | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 1.9% | -1.9% | 1.1% |
| 1Y | 11.6% | 37.4% | 28.7% |
Return vs Industry: MPLX underperformed the US Oil and Gas industry which returned 37.4% over the past year.
Return vs Market: MPLX underperformed the US Market which returned 28.7% over the past year.
Price Volatility
| MPLX volatility | |
|---|---|
| MPLX Average Weekly Movement | 2.4% |
| Oil and Gas Industry Average Movement | 6.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.4% |
| 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 (2%) 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, 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
| MPLX fundamental statistics | |
|---|---|
| Market cap | US$57.30b |
| Earnings (TTM) | US$4.69b |
| Revenue (TTM) | US$11.74b |
Is MPLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MPLX income statement (TTM) | |
|---|---|
| Revenue | US$11.74b |
| Cost of Revenue | US$5.15b |
| Gross Profit | US$6.59b |
| Other Expenses | US$1.89b |
| Earnings | US$4.69b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.63 |
| Gross Margin | 56.11% |
| Net Profit Margin | 40.00% |
| Debt/Equity Ratio | 179.3% |
How did MPLX perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/25 16:21 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| 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.
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 27 analysts. 8 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 |
| Danilo Juvane | BMO Capital Markets Equity Research |
| Jean Ann Salisbury | BofA Global Research |