MPLX LP (MPLX)

Currency in USD
55.66
-1.51(-2.64%)
Closed·
55.77+0.11(+0.20%)
·
Earnings results expected today
High dividend Yield
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Fair Value
Day's Range
54.8457.00
52 wk Range
47.8059.98
Key Statistics
Prev. Close
57.17
Open
56.8
Day's Range
54.84-57
52 wk Range
47.8-59.98
Volume
3.16M
Average Volume (3m)
1.95M
1-Year Change
9.9348%
Book Value / Share
14.06
Fair Value
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Fair Value Upside
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MPLX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
60.64
Upside
+8.95%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings downwards for the upcoming period

MPLX LP News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

8 Buy
6 Hold
1 Sell
Ratings:
15 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 60.64
(+8.95% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Goldman Sachs
Buy63.00+13.19%55.00MaintainApr 20, 2026
Barclays
Buy59.00+6.00%55.00MaintainApr 10, 2026
Truist Securities
Buy66.00+18.58%67.00MaintainApr 06, 2026
Truist Securities
Buy67.00+20.37%-New CoverageMar 23, 2026
UBS
Buy73.00+31.15%64.00MaintainMar 16, 2026

MPLX LP Earnings Call Summary for Q1/2026

  • MPLX Q1 2026 EPS of $0.90 missed estimates of $1.06 by 15%; revenue of $3.04B fell short of $3.12B forecast; stock dropped 2.97% pre-market.
  • Adjusted EBITDA remained strong at $1.7B despite lower pipeline/terminal volumes from market dynamics and maintenance; returned $1.1B to unitholders.
  • Company increased unitholder distribution by 12.5%, maintaining 14-year dividend track record with current 7.53% yield.
  • Management projects mid-single-digit growth over next three years; expects higher project expenses in Q2 2026 due to seasonal work.
  • Executives emphasized disciplined capital deployment and operational efficiency to offset headwinds from lower NGL prices and volume pressures.
Last Updated: 2026/05/05, 16:54
Read Full Transcript

Earnings

Latest Release
May 05, 2026
EPS / Forecast
0,90 / 1,06
Revenue / Forecast
3,04B / 3,12B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.82%
Dividend Yield
7.61%
Industry Median 3.93%
Annualised payout
4.31
Paid quarterly
5-Years Growth
+8.14%
Growth Streak

MPLX Income Statement

Compare MPLX to Peers and Sector

Metrics to compare
MPLX
Peers
Sector
Relationship
P/E Ratio
11.5x21.2x6.5x
PEG Ratio
0.810.170.00
Price/Book
4.0x4.8x1.1x
Price / LTM Sales
4.8x4.7x1.6x
Upside (Analyst Target)
4.1%1.5%13.3%
Fair Value Upside
Unlock5.1%5.8%Unlock

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. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, it operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
98,55M9,71%5,63B
Other Institutional Investors
756,18M74,49%43,23B
Public Companies & Retail Investors
160,48M15,81%9,17B
Total
1,02B100,00%58,04B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Marathon Petroleum Corporation63,77%647 415 45237 012 741
ALPS ETF Trust - Alerian MLP ETF2,62%26 569 5801 518 983

FAQ

What Is the MPLX LP (MPLX) Stock Price Today?

The MPLX LP stock price today is 55,66 USD.

What Stock Exchange Does MPLX LP Trade On?

MPLX LP is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for MPLX LP?

The stock symbol for MPLX LP is "MPLX."

Does MPLX LP Pay Dividends? What’s The Current Dividend Yield?

The MPLX LP dividend yield is 7.53%.

What Is the MPLX LP Market Cap?

As of today, MPLX LP market cap is 56,29B USD.

What Is MPLX LP's Earnings Per Share (TTM)?

The MPLX LP EPS (TTM) is 4,82.

When Is the Next MPLX LP Earnings Date?

MPLX LP will release its next earnings report on May 05, 2026.

From a Technical Analysis Perspective, Is MPLX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.

How Many Times Has MPLX LP Stock Split?

MPLX LP has split 0 times.

What is the current trading status of MPLX LP (MPLX)?

As of May 05, 2026, MPLX LP (MPLX) is trading at a price of 55,66 USD, with a previous close of 57,17 USD. The stock has fluctuated within a day range of 54,84 USD to 57,00 USD, while its 52-week range spans from 47,80 USD to 59,98 USD.

What Is MPLX LP (MPLX) Price Target According to Analysts?

The average 12-month price target for MPLX LP is 60,64 USD, with a high estimate of 73 USD and a low estimate of 54 USD. 8 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +8,95% Upside potential.

What Is the MPLX Premarket Price?

MPLX's last pre-market stock price is 56,70 USD. The pre-market share volume is 11 030,00, and the stock has decreased by -0,47, or -0,82%.

What Is the MPLX After Hours Price?

MPLX's last after hours stock price is 55,77 USD, the stock has decreased by 0,11, or 0,20%.
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