MPLX LP
$ 58.89
0.15%
24 Feb - close price
- Market Cap 59,894,964,000 USD
- Current Price $ 58.89
- High / Low $ 59.10 / 58.19
- Stock P/E 12.22
- Book Value 14.05
- EPS 4.82
- Next Earning Report -
- Dividend Per Share $4.07
- Dividend Yield 6.91 %
- Next Dividend Date -
- ROA 0.07 %
- ROE 0.35 %
- 52 Week High 59.25
- 52 Week Low 41.22
About
MPLX LP owns and operates energy infrastructure and midstream logistics assets primarily in the United States.
Analyst Target Price
$57.69
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-02-03 | 2025-11-04 | 2025-08-05 | 2025-05-06 | 2025-02-04 | 2024-11-05 | 2024-08-06 | 2024-04-30 | 2024-01-30 | 2023-10-31 | 2023-08-01 | 2023-05-02 |
| Reported EPS | 1.0524 | 1.52 | 1.03 | 1.1 | 1.07 | 1.01 | 1.15 | 0.98 | 1.1 | 0.89 | 0.91 | 0.91 |
| Estimated EPS | 1.0339 | 1.11 | 1.08 | 1.15 | 1.03 | 1.03 | 0.98 | 0.98 | 0.94 | 0.94 | 0.89 | 0.83 |
| Surprise | 0.0185 | 0.41 | -0.05 | -0.05 | 0.04 | -0.02 | 0.17 | 0 | 0.16 | -0.05 | 0.02 | 0.08 |
| Surprise Percentage | 1.7893% | 36.9369% | -4.6296% | -4.3478% | 3.8835% | -1.9417% | 17.3469% | 0% | 17.0213% | -5.3191% | 2.2472% | 9.6386% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Previous Dividend Records
| Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | May 2024 | Feb 2024 | Nov 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-02-17 | 2025-11-14 | 2025-08-15 | 2025-05-16 | 2025-02-14 | 2024-11-15 | 2024-08-16 | 2024-05-13 | 2024-02-14 | 2023-11-13 |
| Amount | $1.0765 | $1.0765 | $0.9565 | $0.9565 | $0.9565 | $0.9565 | $0.85 | $0.85 | $0.85 | $0.85 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: MPLX
2026-02-24 21:52:43
MPLX LP recently increased its quarterly distribution by 12.5%, raising its forward yield to 7.71%. This move highlights the company's confidence in its fee-based midstream model, supported by long-term contracts with Marathon Petroleum. Investors should consider how this distribution growth, backed by strong contracted cash flows, influences MPLX’s investment narrative, alongside potential risks from capital spending and market shifts.
2026-02-23 17:02:11
MPLX (NYSE:MPLX) recently hit a new 52-week high of $58.98, and analysts maintain a "Moderate Buy" rating with a consensus price target of $58.29. The company offers a high dividend yield of 7.4%, though its payout ratio is also high at 89.4%. Despite beating EPS estimates, MPLX missed revenue forecasts in its latest earnings report.
2026-02-21 20:55:24
The U.S. Department of Energy has selected the UND-led Heartland Hydrogen Hub (HH2H) for nearly $1 billion in federal funding to advance a regional clean energy project. HH2H aims to produce low-carbon hydrogen, decarbonize regional supply chains, and create clean energy jobs across multiple Midwestern states. The initiative, led by the EERC, Marathon Petroleum Corporation, TC Energy, and Xcel Energy, will utilize diverse energy sources to reduce CO2 emissions by over 1 million metric tons per year and contribute to the federal Justice40 goal.
2026-02-20 10:49:38
MPLX LP justifies its premium valuation among midstream companies due to its superior distribution growth profile, disciplined capital allocation resulting in per-unit value creation, and stable, contracted cash flows through its partnership with Marathon Petroleum. The company recently increased its quarterly distribution by 12.5% and aims for 8-12% annual distribution growth through 2030, supported by robust organic growth projects in natural gas and NGL services. Despite concentration risk with Marathon Petroleum, the stable contracts and strategic importance of MPLX's assets mitigate this, offering investors strong risk-adjusted income growth and potential for 16-17% total annual returns.
2026-02-19 09:57:34
HighTower Advisors LLC reduced its stake in MPLX by 12.6% in the third quarter, now holding 557,680 shares valued at $27.86 million, representing 0.05% of the company. Institutional investors collectively own about 24.25% of MPLX. The company recently reported Q3 earnings of $1.17 EPS, beating estimates, and pays a quarterly dividend of $1.0765, equating to a 7.6% yield.
2026-02-19 05:57:34
Mplx Lp (NYSE:MPLX) has received a consensus "Moderate Buy" rating from ten brokerages, with an average 12-month target price of $58.29. The company recently beat EPS estimates with $1.17 versus $1.10, though revenue slightly missed expectations at $3.10 billion. Mplx also declared a quarterly dividend of $1.0765, representing an annualized yield of 7.6%.
