MPLX (MPLX) Stock Price

MPLX Price

NYSE·CLOSED
57.37
​
Market closed

Over the last 16 years MPLX grew revenue by 23.9% annually, reaching 11.82 B USD. Earnings per share have grown at 2.4% per year over the last 16 years. For MPLX, the net margin of 41.6% is up versus 32.1% a few years ago. At today's price the dividend yield works out to roughly 6.88%. The payout ratio is around 82% of earnings. The dividend has grown at 11.8% per year over the past 12 years. The consensus 12-month price target for MPLX is 63.00 USD, about 9.8% above where the stock trades today. Of 21 analysts, 12 rate the stock a buy — an overall Buy consensus.

MPLX stock price

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MPLX business model & stock analysis

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.

Frequently asked questions about 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.

The main competitors of MPLX LP in the market are Energy Transfer LP and Enterprise Products Partners LP.

MPLX LP is a leading energy infrastructure company focused on the midstream sector. The business model of MPLX LP is centered around the gathering, processing, and transportation of natural gas and crude oil. The company owns and operates a vast network of pipelines, terminals, and storage facilities, enabling efficient and reliable energy transportation. MPLX LP also engages in the marketing of natural gas liquids and other hydrocarbon products. With a strong emphasis on strategic acquisitions and organic growth, MPLX LP aims to deliver value to its shareholders while providing essential services to the energy industry.

MPLX LP is an energy infrastructure company headquartered in Findlay, Ohio. It was formed in 2012 as a subsidiary of Marathon Petroleum Corporation. MPLX operates a diversified portfolio of energy assets, including pipelines, terminals, and storage facilities, primarily in the Midwest and Gulf Coast regions of the United States. The company specializes in transporting and storing various energy products, such as crude oil, refined products, and natural gas liquids. With a strong focus on operational excellence and strategic expansions, MPLX has successfully grown its business and established itself as a leading player in the energy infrastructure sector.

MPLX LP has achieved several significant milestones in its history. The company has successfully expanded its midstream energy infrastructure, including pipelines, terminals, and storage facilities, to support the growing demand for energy products. MPLX LP has also pursued strategic acquisitions, enhancing its portfolio and increasing market presence. Furthermore, the company has achieved strong financial performance, with consistent revenue growth and increased distributions to shareholders. MPLX LP's commitment to operational excellence, innovation, and sustainable practices has solidified its position as a leading provider of energy infrastructure solutions. Overall, the company's accomplishments reflect its dedication to long-term growth and value creation for its stakeholders.

MPLX LP primarily operates in the United States.

MPLX LP represents a commitment to integrity, excellence, and innovation. As a leading energy infrastructure company, MPLX focuses on building value, delivering energy solutions, and driving sustainable growth. With a customer-centric approach, MPLX strives to enhance shareholder value while maintaining a safe and environmentally responsible operation. The company's philosophy revolves around fostering strong relationships, providing reliable services, and being a trusted partner. MPLX LP values teamwork, diversity, and inclusion, promoting a culture of collaboration and continuous improvement. Through its dedication to operational efficiency and responsible stewardship, MPLX LP aims to generate long-term value for its stakeholders.

Analysts currently set an average price target of 62.80 USD for the MPLX stock (median: 63.00 USD), implying +9.5 % versus the latest price. The consensus is based on 21 analyst ratings.

21 analysts currently rate the MPLX stock: 12 recommend buying, 8 holding and 1 selling. For 2026, analysts expect MPLX to generate revenue of 13.09 B USD and earnings per share of 4.29 USD.

Converted at the current exchange rate, the MPLX share trades at 51.18 EUR (57.37 USD).

The MPLX share (MPLX) is listed on 1 stock exchanges, including: NYSE (MPLX).

MPLX LP is a leading energy infrastructure company with a diverse portfolio of assets and services in the oil, gas, refinery, and petrochemical sectors. The company is a subsidiary of Marathon Petroleum Corporation and is headquartered in Findlay, Ohio. MPLX operates over 10,000 kilometers of pipelines for the transportation of crude oil, fuels, liquefied natural gas (LNG), and petrochemicals. Additionally, the company operates several refineries as well as gas processing and distribution facilities. One of MPLX's main divisions is the pipeline division. Here, the company offers a wide range of pipelines and facilities for oil and gas transportation. The pipelines include those that transport oil from Canada to the United States. However, the company is also active in other regions, such as Alaska, where it operates a pipeline that transports natural gas from Prudhoe Bay to the coastal town of Nikiski. MPLX's refinery and petrochemical division includes several refineries in the U.S. as well as facilities for petrochemical production. Various products such as gasoline, diesel, aviation fuels, heating oil, and lubricants are produced. The gas processing and distribution division of MPLX operates various gas processing facilities and pipelines for the distribution of LNG and gas products. The company is also involved in the production of ethane, which is used in the production of plastics and other products. In addition to these main divisions, MPLX is also active in other areas such as tank storage, shipping transportation, and supplying airports with aviation fuels. MPLX's business model is based on long-term contracts with various companies in the oil and gas industry, providing the company with stable cash flow and high profitability. The company aims to expand its assets through strategic investments and continuously improve its service portfolio. Overall, MPLX offers its customers a wide range of products and services in the oil, gas, refinery, and petrochemical sectors. The company is well-positioned to benefit from the increasing demand for energy and petrochemicals and is expected to continue playing a significant role in the energy industry in the future.

The expected revenue of MPLX is 13.09 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of MPLX is 4.36 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of MPLX is currently 13.39. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MPLX stock.

The price-to-sales ratio (P/S) of MPLX is currently 4.46. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MPLX stock.

The Eulerpool Quality Score for MPLX is 4/10.

The ISIN of MPLX is US55336V1008. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of MPLX is MPLX. The ticker symbol is used to trade MPLX shares on the stock exchange.

Fair ValueTerminal
53.93 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Oil, Gas & Consumable Fuels
Number of shares
Employees
Revenue per Employee
2.05 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website mplx.com
Currency
USD
Initial public offering
Oct 26, 2012
ISIN
US55336V1008
Cusip
55336V100
Sedol
B847R56
Market capitalization
58.35 B USDLarge Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
2.12
P/E ratio
P/Ee 2026
13.39
P/Ee 2027
11.91
P/Ee 2028
11.15
P/Ee 2029
10.89
P/Ee 2030
10.19
P/S
P/Se
4.46
EV/EBIT
14.26
P/B Ratio
4.08
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
12.28 %
Gross Margin
45.23 %
EBIT Margin
48.62 %
Net Margin
41.57 %
EPS (Earnings Per Share)
4.83 USD
Net Debt / EBIT
4.10
Debt/Equity
1.80
Dividend
Dividend yield
6.88 %
Est. Dividend Yield
7.51 %
Payout Ratio
81.70 %
Dividend growth Ø5Y
7.35 %
Dividend payments per year
4
Dividend paid since
13 years
Dividend not reduced since
13 years
Dividend increased since
13 years
Dividend withholding tax
30.00 %
Last updated Oct 6, 2026, 7:57 AM

MPLX Peer Group

MPLX Ticker

NEW YORK · MPLX

MPLX FIGI

MPLX:US · BBG0035TJGV4MPLX:UA · BBG0035TJGW3MPLX:UC · BBG0035TJGX2MPLX:UN · BBG0035TJGZ0MPLX:UP · BBG0035TJH06MPLX:UB · BBG0035TJH24MPLX:UT · BBG0035TJH33MPLX:UM · BBG0035TJH42MPLX:UX · BBG0035TJH51MPLX:UD · BBG0035TJHC3MPLX:UF · BBG0035TJHG9MPLX:VY · BBG0035TJHH8

All fundamentals and in-depth analysis of MPLX

Our stock analysis for MPLX 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.