MPLX (MPLX) Stock Price

MPLX Price

🇺🇸NYSE·CLOSED
58.17USD
Market closed
Today +/-
-0.52 USD
Today %
-0.88 %
PRO

MPLX (MPLX) — ISIN US55336V1008. The MPLX stock price was 58.17 USD in 2026. Revenue was 13.57 B USD. Earnings were 4.7 B USD. P/E ratio was 12.58. MPLX operates in the Energy sector.

MPLX stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of MPLX over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how MPLX stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing MPLX's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

MPLX Stock Price History
DateMPLX Price
3/5/202658.17 USD
2/26/202658.69 USD
2/25/202658.62 USD
2/24/202658.91 USD
2/23/202658.72 USD
2/20/202658.56 USD
2/19/202657.59 USD
2/18/202656.79 USD
2/17/202657.65 USD
2/13/202656.90 USD
2/12/202655.17 USD
2/11/202655.72 USD
2/10/202655.18 USD
2/9/202655.16 USD
2/6/202656.11 USD
2/5/202656.20 USD
2/4/202655.77 USD

MPLX Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2009
384 M USD
123 M USD
122 M USD
Jan 1, 2010
404 M USD
103 M USD
103 M USD
Jan 1, 2011
411 M USD
132 M USD
134 M USD
Jan 1, 2012
462 M USD
143 M USD
13 M USD
Jan 1, 2013
486 M USD
147 M USD
76 M USD
Jan 1, 2014
548 M USD
183 M USD
115 M USD
Jan 1, 2015
1.1 B USD
381 M USD
99 M USD
Jan 1, 2016
3.03 B USD
812 M USD
1 M USD
Jan 1, 2017
3.87 B USD
1.19 B USD
411 M USD
Jan 1, 2018
7.01 B USD
2.74 B USD
1.74 B USD
Jan 1, 2019
9.04 B USD
3.59 B USD
935 M USD
Jan 1, 2020
7.57 B USD
2.41 B USD
-842 M USD
Jan 1, 2021
10.03 B USD
4.03 B USD
2.94 B USD
Jan 1, 2022
11.61 B USD
4.91 B USD
3.82 B USD
Jan 1, 2023
11.28 B USD
4.92 B USD
3.83 B USD

MPLX Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 6, 2026, 4:31 AM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
20092010201120122013201420152016201720182019202020212022202320242025e2026e2027e2028e2029e2030e2031e
0.380.40.410.460.490.551.13.033.877.019.047.5710.0311.6111.2811.9313.1213.5714.3414.9115.4615.7616.07
5.211.7312.415.1912.76100.91175.0227.7181.1529.06-16.2832.4715.82-2.865.789.953.455.653.963.671.951.96
58.0755.9460.3462.3452.6755.8459.0455.4856.0957.1459.0056.7257.7856.7658.8559.7454.3452.5249.7147.8246.1345.2544.38
0.220.230.250.290.260.310.651.682.1745.334.295.796.596.647.137.137.137.137.137.137.137.13
0.120.10.130.010.080.120.100.411.740.94-0.842.943.823.834.284.874.75.135.595.896.096.38
-15.5730.10-90.30484.6251.32-13.91-98.9941,000.00324.09-46.36-190.05-448.6929.940.3711.8013.71-3.399.088.915.463.344.76
----1.031.341.702.032.212.492.652.752.772.893.183.513.951.085.60----
30.1026.8719.418.8712.676.433.770.734.3310.0310.3812.54-72.66418.52
1.021.021.020.060.070.070.10.340.390.760.911.051.031.0111.021.021.021.021.021.021.021.02
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales MPLX generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue MPLX retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare MPLX's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares MPLX has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against MPLX's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

 
ASSETS
CASH BALANCE (B USD)
RECEIVABLES (B USD)
OTHER REC. (M USD)
INVENTORIES (M USD)
OTHER CURRENT LIAB. (M USD)
CURRENT ASSETS (B USD)
TANGIBLE ASSETS (B USD)
LONG-T. INVEST. (B USD)
LONG-T. REC. (M USD)
INTANGIBLE ASSETS (B USD)
GOODWILL (B USD)
OTHER NON-CURRENT ASSETS (B USD)
NON-CURRENT ASSETS (B USD)
TOTAL ASSETS (B USD)
LIABILITIES
COMMON STOCK (B USD)
ADDITIONAL PAID-IN CAPITAL (M USD)
RETAINED EARNINGS (M USD)
OTHER EQUITY (B USD)
UNREAL. GAINS/LOSSES (M USD)
EQUITY (B USD)
LIABILITIES (B USD)
PROVISIONS (M USD)
OTHER SHORT-TERM LIAB. (M USD)
SHORT-TERM DEBTS (M USD)
LONG-TERM DEBT PORTION (B USD)
SHORT-TERM REC. (B USD)
LONG-T. LIAB. (B USD)
DEFERRED TAXES (M USD)
OTHER LIAB. (B USD)
LONG-T. LIABILITIES (B USD)
DEBT (B USD)
TOTAL CAPITAL (B USD)
201020112012201320142015201620172018201920202021202220232024
               
0.0500.220.050.030.040.230.010.080.020.020.010.241.051.52
0.070.070.060.060.050.430.550.451.151.211.071.21.351.411.34
02200000009265789111149204
1099121251556598110118142148159180
0039750333710311925861614235
0.130.30.290.140.10.580.870.561.441.481.521.511.912.813.28
0.850.870.910.971.011011.4112.1921.5322.7421.7620.5419.3619.7619.65
000002.462.474.014.95.284.043.984.13.744.53
000002511202464418885910808705
000000.470.490.451.361.270.960.830.710.650.52
0.140.130.110.110.112.572.252.2510.029.547.667.667.657.657.65
0.0100000.010.010.030.060.060.070.111.051.121.18
0.9911.021.071.1215.5316.6418.9437.8938.9534.93433.7633.7234.24
1.121.31.31.211.2216.117.5119.539.3340.4336.4135.5135.6736.5337.51
               
000.690.650.469.2410.39.846.7216.3812.7911.8312.3212.4613.58
000000000000000
000000000000000
1.071.240000.410.79-0.0110.85-0.02-0.02-0.02-0.01-0-0
000000000000000
1.071.240.690.650.469.6511.099.8317.5816.3612.7711.8112.3112.4513.58
0.020.040.050.040.060.150.230.670.631.150.371.830.490.430.44
66000409431513855747564722681804794
6710393771105124787223391298246254313
000000000000000
0000000000.010.760.50.991.141.69
0.040.050.060.080.10.630.761.32.272.132.093.352.42.623.24
0.010.010.010.010.645.265.427.9518.9320.6720.3419.0419.7820.1919.46
000003786514121210131618
00000.010.180.210.270.3910.961.060.931.010.99
0.020.010.010.010.655.815.648.2219.3321.6921.3120.1120.7221.2220.47
0.050.060.080.090.756.446.49.5321.5923.8223.423.4623.1223.8423.7
1.121.30.770.741.2116.0917.4919.3539.1740.1836.1735.2735.4336.2937.28
Details

Balance Sheet

What Is the Balance Sheet?

The balance sheet is a financial snapshot of MPLX at a specific point in time. It follows the fundamental equation: Assets = Liabilities + Shareholders' Equity. Unlike the income statement (which covers a period), the balance sheet tells you what the company owns, what it owes, and what belongs to shareholders at a given date.

Assets

Current assets (cash, receivables, inventory) can be converted to cash within 12 months and indicate short-term liquidity. Non-current assets (property, equipment, intangible assets, goodwill) represent long-term investments. A high proportion of cash and short-term investments gives MPLX financial flexibility to weather downturns, fund acquisitions, or return capital to shareholders.

Liabilities

Current liabilities (accounts payable, short-term debt) are obligations due within one year. Non-current liabilities (long-term debt, pension obligations) are due further out. Key ratio to watch: the debt-to-equity ratio (Total Debt ÷ Shareholders' Equity). A ratio below 1.0 is generally healthy, meaning the company is funded more by equity than debt. Highly leveraged companies amplify both gains and losses.

Shareholders' Equity

Equity is the residual value belonging to shareholders after all debts are paid. It includes retained earnings (accumulated profits not paid out as dividends) and paid-in capital. Rising equity year over year is a positive sign — it means MPLX is building book value. Declining equity, especially when driven by losses or heavy share buybacks funded by debt, warrants closer scrutiny.

Key Ratios to Derive

From the balance sheet, you can calculate the current ratio (current assets ÷ current liabilities; above 1.5 is comfortable), book value per share (equity ÷ shares outstanding), and return on equity (net income ÷ equity; above 15 % is strong). Tracking these ratios over time reveals whether MPLX is strengthening or weakening its financial position.

 
NET INCOME (B USD)
DEPRECIATION (B USD)
DEFERRED TAXES (M USD)
CHANGES IN WORKING CAPITAL (B USD)
NON-CASH ITEM (B USD)
PAID INTEREST (M USD)
PAID TAXES (M USD)
NET CASH FLOW FROM OPERATING ACTIVITIES (B USD)
CAPITAL EXPENDITURES (M USD)
CASH FLOW FROM INVESTING ACTIVITIES (M USD)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (M USD)
INTEREST INCOME AND EXPENSES (M USD)
NET DEBT CHANGE (B USD)
NET CHANGE IN EQUITY (M USD)
CASH FLOW FROM FINANCING ACTIVITIES (B USD)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (B USD)
TOTAL DIVIDENDS PAID (M USD)
NET CHANGE IN CASH FLOW (M USD)
FREE CASH FLOW (M USD)
SHARE-BASED COMPENSATION (M USD)
2009201020112012201320142015201620172018201920202021202220232024
0.120.10.130.140.150.180.330.430.842.011.46-0.693.113.983.974.36
0.030.050.040.040.050.050.130.590.680.871.251.381.291.231.211.28
0000001-17-18-2-1-2332
-0.01-0.040.010.010.020.02-0.050.040.17-0.02-0.10.20.690.730.871.07
0000000.010.440.220.211.473.63-0.18-0.93-0.65-0.77
00000013213263568835821812813893940
0000000431124377
0.150.120.180.190.210.250.431.491.913.074.084.524.915.025.45.95
-57-13-49-135-106-78-334-1,313-1,411-2,111-2,408-1,183-529-806-937-1,056
-57-64-21887-113-75-1,686-1,417-2,307-2,878-3,063-1,262-518-956-1,252-1,995
0-50-168223-73-1,352-104-896-767-655-7911-150-315-939
0000000000000000
000000.630.060.12.886.151.84-0.2-0.2-0.270.590.48
000407023017079248300-33-630-491-600-326
-0.09-0.050.04-0.06-0.26-0.21.280.110.17-0.12-1.09-3.26-4.4-3.84-3.34-3.48
-0.09-0.050.04-0.47-0.18-0.961.210.09-2.01-4.37-0.4-0.020-0.03-0.03-0.03
0000-77-103-158-870-1,185-1,890-2,537-3,006-3,573-3,047-3,296-3,603
000216-162-2616187-22976-700-2225810471
87.4103.6132.155105.7168.2931784969601,6743,3384,3824,2134,4604,890
0000000000000000

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MPLX Stock Quarterly Figures

 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (B)
2011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q22013 Q32013 Q42014 Q12014 Q22014 Q32014 Q42015 Q12015 Q22015 Q32015 Q42016 Q12016 Q22016 Q32016 Q42017 Q12017 Q22017 Q32017 Q42018 Q12018 Q22018 Q32018 Q42019 Q12019 Q22019 Q32019 Q42020 Q12020 Q22020 Q32020 Q42021 Q12021 Q22021 Q32021 Q42022 Q12022 Q22022 Q32022 Q42023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12025 Q22025 Q32025 Q4e2026 Q1e2026 Q2e2026 Q3e2026 Q4e2027 Q1e2027 Q2e2027 Q3e2027 Q4e
0.090.10.110.10.10.110.120.130.110.120.120.130.140.130.140.140.20.210.210.470.650.70.840.850.890.920.981.091.421.581.712.32.242.212.282.320.992.082.252.252.342.42.562.732.612.942.892.662.712.692.912.972.853.052.973.063.1233.623.243.213.343.493.543.533.593.663.74
8.516.86-4.59-1.927.8410.005.79-10.947.020.821.639.60-2.923.760.7244.605.970.47121.0336.368.2219.911.314.363.506.9910.8230.7611.138.4934.05-2.61-1.123.171.58-57.17109.787.980.094.002.396.856.84-4.5412.64-1.63-7.951.92-0.858.251.85-4.057.24-2.623.061.99-3.8720.51-10.50-0.933.964.471.46-0.081.472.092.16
67.0244.1256.8846.1555.8853.6448.7653.1354.3950.8253.6650.4062.7755.6452.9050.3659.2059.6252.3461.9558.9151.0056.8755.1958.9856.1155.9253.8757.3256.0856.6057.3960.4059.4159.2156.9911.9063.6762.7563.4160.7558.9657.6854.3256.9052.4554.8155.2259.3859.5557.1459.4160.1261.5758.4158.8658.8058.4763.8071.2971.9569.2166.2665.3065.3664.4163.0961.75
0.060.050.060.050.060.060.060.070.060.060.070.060.090.070.070.070.120.130.110.290.380.360.480.470.520.510.550.590.810.890.971.321.351.311.351.320.121.331.411.431.421.411.481.491.491.541.591.471.611.61.661.761.711.881.741.81.841.762.312.312.312.312.312.312.312.312.312.31
0.040.030.040.020.040.03-0.070.010.020.020.020.020.030.030.030.030.040.040.03-0.02-0.1-0.040.070.060.070.10.110.130.410.430.490.410.480.460.6-0.61-2.760.620.640.660.710.680.750.80.790.841.40.780.920.910.891.110.991.171.031.091.131.051.541.091.121.151.211.251.251.31.361.33
-13.5121.88-38.4645.83-17.14-324.14-118.4641.675.8816.67-9.5273.68-18.1855.564.76-25.00-160.61395.00-63.64-305.56-16.2216.1337.5015.1510.53221.436.9113.39-15.6816.67-4.5530.59-201.50350.90-122.402.924.097.11-4.6611.705.97-0.756.4365.28-43.8716.86-0.55-1.8724.41-10.7117.64-11.655.823.21-6.9347.33-29.152.742.145.573.38-0.324.164.38-1.91
--------0.180.270.290.300.310.330.340.360.380.410.440.470.500.510.510.520.520.540.560.590.610.620.630.640.650.660.670.680.690.690.690.690.690.690.690.710.710.710.710.780.780.780.780.850.850.850.850.960.960.960.961.08--------
50.003.707.143.336.453.035.885.567.897.326.826.382.001.963.853.705.363.391.641.611.591.561.541.521.491.471.4511.438.9712.9412.50
1.021.021.021.021.021.021.020.060.060.060.040.070.070.070.070.080.080.080.080.150.30.330.350.380.370.380.40.410.660.790.790.790.80.80.981.061.061.061.051.041.041.031.031.021.021.011.0111111.011.011.021.021.021.021.021.021.021.021.021.021.021.021.021.021.02
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales MPLX generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue MPLX retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare MPLX's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares MPLX has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against MPLX's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

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MPLX stock margins

The MPLX margin analysis displays the gross margin, EBIT margin, as well as the profit margin of MPLX. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for MPLX.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2009
58.07 %
32.03 %
31.77 %
Jan 1, 2010
55.94 %
25.5 %
25.5 %
Jan 1, 2011
60.34 %
32.12 %
32.6 %
Jan 1, 2012
62.34 %
30.95 %
2.81 %
Jan 1, 2013
52.67 %
30.25 %
15.64 %
Jan 1, 2014
55.84 %
33.39 %
20.99 %
Jan 1, 2015
59.04 %
34.6 %
8.99 %
Jan 1, 2016
55.48 %
26.82 %
0.03 %
Jan 1, 2017
56.09 %
30.8 %
10.63 %
Jan 1, 2018
57.14 %
39.07 %
24.88 %
Jan 1, 2019
59 %
39.74 %
10.34 %
Jan 1, 2020
56.72 %
31.88 %
-11.12 %
Jan 1, 2021
57.78 %
40.23 %
29.28 %
Jan 1, 2022
56.76 %
42.29 %
32.85 %
Jan 1, 2023
58.85 %
43.58 %
33.94 %

MPLX Stock Sales Revenue, EBIT, Earnings per Share

The MPLX earnings per share therefore indicates how much revenue MPLX has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details
Date
Sales per Share
EBIT per share
Earnings per Share
Jan 1, 2009
0 USD
0 USD
0 USD
Jan 1, 2010
0 USD
0 USD
0 USD
Jan 1, 2011
0 USD
0 USD
0 USD
Jan 1, 2012
8.11 USD
2.51 USD
0.23 USD
Jan 1, 2013
6.57 USD
1.99 USD
1.03 USD
Jan 1, 2014
7.41 USD
2.47 USD
1.55 USD
Jan 1, 2015
11.23 USD
3.89 USD
1.01 USD
Jan 1, 2016
8.96 USD
2.4 USD
0 USD
Jan 1, 2017
9.97 USD
3.07 USD
1.06 USD
Jan 1, 2018
9.2 USD
3.6 USD
2.29 USD
Jan 1, 2019
9.97 USD
3.96 USD
1.03 USD
Jan 1, 2020
7.2 USD
2.3 USD
-0.8 USD
Jan 1, 2021
9.76 USD
3.93 USD
2.86 USD
Jan 1, 2022
11.5 USD
4.86 USD
3.78 USD
Jan 1, 2023
11.26 USD
4.91 USD
3.82 USD

MPLX business model

MPLX LP is a US energy company that was founded in 2012. It is a subsidiary of Marathon Petroleum Corporation, one of the largest independent refinery operators in the US. The company focuses on the production and processing of crude oil and natural gas, including storage, transportation, and distribution of petroleum products. MPLX operates one of the largest natural gas pipeline networks in the US and also has refining and processing facilities. The company is divided into three main segments: natural gas, crude oil, and pipelines. It offers various products and services including gas processing, transportation, and refinery operations. MPLX has also taken steps to improve its environmental performance and has invested in renewable energy and energy efficiency. Overall, the company is well-positioned for future success with its diverse range of products and a focus on sustainability.

MPLX SWOT Analysis

Strengths

1. Strong Market Position: MPLX LP holds a significant market share in the energy infrastructure sector, allowing it to enjoy economies of scale and competitive advantage.

2. Diverse Asset Portfolio: The company owns and operates a diverse range of midstream assets, including pipelines, terminals, and storage facilities, providing it with a stable and resilient revenue stream.

3. Strategic Partnerships: MPLX LP has established strategic partnerships with key industry players, enabling it to leverage their expertise, enhance operational efficiency, and drive growth.

Weaknesses

1. Dependence on Commodity Prices: MPLX LP's financial performance is influenced by fluctuations in commodity prices, which could impact its profitability and cash flow in adverse market conditions.

2. Regulatory Risks: As a player in the energy sector, the company is subject to various regulatory frameworks and policies that can pose compliance challenges and potentially affect its operations.

3. Debt Burden: MPLX LP carries a significant amount of debt, which increases its financial risk and interest expense, limiting its flexibility for future investments or acquisitions.

Opportunities

1. Growing Demand for Energy: The increasing global energy demand presents opportunities for MPLX LP to expand its infrastructure and capitalize on the need for reliable transportation and storage services in the energy market.

2. Renewable Energy Transition: With the shift towards renewable energy sources, MPLX LP can explore opportunities in renewable infrastructure, such as hydrogen or carbon capture projects, diversifying its portfolio and contributing to sustainable growth.

3. Strategic Acquisitions: The company can consider strategic acquisitions of complementary businesses or assets to further expand its market presence, enhance operational efficiencies, and create additional value for shareholders.

Threats

1. Volatile Oil and Gas Prices: MPLX LP is exposed to risks associated with price volatility in the oil and gas markets, which can impact its revenue generation and profitability.

2. Shifting Regulatory Landscape: Evolving regulations and policies related to energy and environmental standards may require MPLX LP to adapt its operations and incur additional compliance costs, potentially impacting its financial performance.

3. Competitive Industry: The midstream energy industry is highly competitive, with numerous players competing for market share. Intense competition can put pressure on MPLX LP's pricing and margins.

MPLX Segments

MPLX Revenue by Segment (1/5)

  • 3 Years

  • 5 Years

  • Max

Service
Product
Service, Other
Details
Date
Service
Product
Service, Other
Jan 1, 2018
130 M USD
902 M USD
0 USD
Jan 1, 2019
0 USD
0 USD
0 USD
Jan 1, 2020
2.4 B USD
636 M USD
155 M USD
Jan 1, 2024
0 USD
0 USD
0 USD

MPLX Revenue by Segment (2/5)

  • 3 Years

  • 5 Years

  • Max

Service
Product
Service, Other
Details
Date
Service
Product
Service, Other
Jan 1, 2018
0 USD
0 USD
0 USD
Jan 1, 2019
2.5 B USD
806 M USD
140 M USD
Jan 1, 2020
0 USD
0 USD
0 USD
Jan 1, 2024
0 USD
0 USD
0 USD

MPLX Revenue by Segment (3/5)

  • 3 Years

  • 5 Years

  • Max

Third Party Reimbursements
Imbalances
Oil Allowances
Service Oil Allowances
Details
Date
Third Party Reimbursements
Imbalances
Oil Allowances
Service Oil Allowances
Jan 1, 2018
369 M USD
55 M USD
7 M USD
7 M USD
Jan 1, 2019
0 USD
0 USD
0 USD
0 USD
Jan 1, 2020
0 USD
0 USD
0 USD
0 USD
Jan 1, 2024
0 USD
0 USD
0 USD
0 USD

MPLX Revenue by Segment (4/5)

  • 3 Years

  • 5 Years

  • Max

Natural Gas & NGL Services
Gathering and Processing
Details
Date
Natural Gas & NGL Services
Gathering and Processing
Jan 1, 2018
0 USD
0 USD
Jan 1, 2019
0 USD
0 USD
Jan 1, 2020
0 USD
2.96 B USD
Jan 1, 2024
4.63 B USD
0 USD

MPLX Revenue by Segment (5/5)

  • 3 Years

  • 5 Years

  • Max

Crude Oil and Products Logistics
Logistics and Storage
Gathering and Processing
Details
Date
Crude Oil and Products Logistics
Logistics and Storage
Gathering and Processing
Jan 1, 2018
0 USD
2.3 B USD
2.7 B USD
Jan 1, 2019
0 USD
3.86 B USD
3.19 B USD
Jan 1, 2020
0 USD
3.94 B USD
0 USD
Jan 1, 2024
4.56 B USD
0 USD
0 USD

MPLX Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

MPLX historical P/E ratio, EBIT multiple, and P/S ratio

MPLX annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

MPLX shares outstanding

The number of shares was MPLX in 2025 — This indicates how many shares 1.017 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2009
0 base_Shares
Jan 1, 2010
0 base_Shares
Jan 1, 2011
0 base_Shares
Jan 1, 2012
57 M base_Shares
Jan 1, 2013
74 M base_Shares
Jan 1, 2014
74 M base_Shares
Jan 1, 2015
98 M base_Shares
Jan 1, 2016
338 M base_Shares
Jan 1, 2017
388 M base_Shares
Jan 1, 2018
761 M base_Shares
Jan 1, 2019
907 M base_Shares
Jan 1, 2020
1.05 B base_Shares
Jan 1, 2021
1.03 B base_Shares
Jan 1, 2022
1.01 B base_Shares
Jan 1, 2023
1 B base_Shares

MPLX Dividend History

14 years of dividend payments · 12 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.08USDYTD
Feb 9, 20261.08USD 0.0%1/1
20253.95USD 12.5%
Feb 3, 20250.96USD 0.0%1/4
May 9, 20250.96USD 0.0%2/4
Aug 8, 20250.96USD 0.0%3/4
Nov 7, 20251.08USD 12.5%4/4
20243.51USD 10.4%

MPLX dividend history and estimates

In 2025, MPLX paid a dividend amounting to 3.95 USD. Dividend means that MPLX distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2013
1.03 USD
0 USD
Jan 1, 2014
1.34 USD
0 USD
Jan 1, 2015
1.7 USD
0 USD
Jan 1, 2016
2.03 USD
0 USD
Jan 1, 2017
2.21 USD
0 USD
Jan 1, 2018
2.49 USD
0 USD
Jan 1, 2019
2.65 USD
0 USD
Jan 1, 2020
2.75 USD
0 USD
Jan 1, 2021
2.77 USD
0 USD
Jan 1, 2022
2.89 USD
0 USD
Jan 1, 2023
3.18 USD
0 USD
Jan 1, 2024
3.51 USD
0 USD
Jan 1, 2025
3.95 USD
0 USD
Invalid Date
0 USD
1.08 USD
Invalid Date
0 USD
5.6 USD

MPLX dividend payout ratio

In 2025, MPLX had a payout ratio of 108.51%. The payout ratio indicates the percentage of the company's profits that MPLX distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2009
143.5 %
Jan 1, 2010
143.5 %
Jan 1, 2011
143.5 %
Jan 1, 2012
143.5 %
Jan 1, 2013
100.18 %
Jan 1, 2014
86.45 %
Jan 1, 2015
168.56 %
Jan 1, 2016
143.5 %
Jan 1, 2017
208.49 %
Jan 1, 2018
108.73 %
Jan 1, 2019
257.28 %
Jan 1, 2020
-343.75 %
Jan 1, 2021
96.77 %
Jan 1, 2022
76.46 %
Jan 1, 2023
143.5 %

Current MPLX forecasts and price targets in March 2026

Δ MOM Price Target
0.88 %
Buy60.00 % (12)
Hold35.00 % (7)
Sell5.00 % (1)
12M Price Target
58.14
Last Price
59.00
Currency
USD
12M Return Potential
-1.46 %
LTM Return
0 %

MPLX Earnings Estimates

MPLX Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/3/20261.08USD3.24 BUSD2025 Q4
4/30/20240.97USD2.93 BUSD2024 Q1
1/29/20240.97USD2.91 BUSD2023 Q4
8/2/20220.83USD2.63 BUSD2022 Q2

EESG©

Eulerpool ESG Scorecard© for the MPLX stock

51/100
65
Environment
76
Social
13
Governance
E

Environment

20
Scope 1 - Direct Emissions33,000,000
Scope 2 - Indirect emissions from purchased energy6,800,000
Scope 3 - Indirect emissions within the value chain461,000,000
Total CO₂ emissions39,800,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees18
Percentage of women in management
Percentage of Asian employees3.1
Share of Asian management2.8
Percentage of Hispanic/Latino employees13.2
Hispano/Latino Management share8.3
Percentage of Black employees5.1
Black Management Share3.7
Percentage of white employees75.8
White Management Share83.3
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

MPLX shareholders

% Name
49.62654%
Marathon Petroleum Corp
Marathon Petroleum Corp
14.03279%
Andeavor
Andeavor
2.56482%
Alps Advisors, Inc.
Alps Advisors, Inc.
1.90484%
Invesco Advisers, Inc.
Invesco Advisers, Inc.
1.66602%
Harvest Fund Advisors LLC
Harvest Fund Advisors LLC
1.29703%
Tortoise Capital Advisors, LLC
Tortoise Capital Advisors, LLC
1.01538%
Goldman Sachs Asset Management, L.P.
Goldman Sachs Asset Management, L.P.
0.97086%
BofA Global Research (US)
BofA Global Research (US)
0.74917%
Kayne Anderson Capital Advisors, L.P.
Kayne Anderson Capital Advisors, L.P.
0.66954%
UBS Financial Services, Inc.
UBS Financial Services, Inc.
...

MPLX Executives and Management Board

MH

Mr. Michael Hennigan

(65)

Executive Chairman of the Board · since 2017

Compensation23.76 M USD
MM

Ms. Maryann Mannen

(62)

President, Chief Executive Officer, Director · since 2021

Compensation14.39 M USD
MB

Ms. Molly Benson

(58)

Chief Legal Officer, Corporate Secretary

Compensation3.91 M USD
JQ

Mr. John Quaid

(53)

Director of MPLX GP LLC · since 2021

Compensation3.55 M USD
GF

Mr. Gregory Floerke

(61)

Chief Operating Officer, Executive Vice President of MPLX GP LLC

Compensation3.52 M USD

MPLX Supply Chain

MPLX Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
-0,06
0,22
0,81
0,91
0,98
2
0,90
0,63
0,80
0,78
0,97
3
0,57
0,60
0,87
0,92
0,96
4
0,78
0,77
0,75
0,51
0,95
5
0,91
0,72
0,78
0,90
0,95
#Name1M3M6M1Y2YTrend
1
-0,74
2
Shell Plc
Supplier
-0,56
-0,35
3
Phillips 66 Partners LP
Supplier
0,74
0,13
0,33
0,28

MPLX Research

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Most common questions regarding MPLX

MPLX LP is primarily active in the energy infrastructure sector. The company operates in various industries within this sector, including the transportation, storage, and distribution of crude oil, refined products, and natural gas. MPLX LP owns and operates a network of pipelines, terminals, and storage facilities, enabling the efficient movement and delivery of energy resources. With its strategic partnerships and extensive assets, MPLX LP plays a significant role in supporting the energy needs of various sectors, including refineries, petrochemical plants, and other end markets.

All fundamentals about MPLX

Our stock analysis for MPLX Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MPLX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.