Stock Taper
MPLX
MPLX LP
NYSE
$57.05
▼ DOWN 1.25% (-0.72)

KEY STATISTICS

Market Cap$58.00 B
52w High$60.95
52w Low$47.80
Dividend Yield7.48%
FrequencyQuarterly
P/E12.27
Volume1.10M
Shares Out.1.01B

COMPANY

LEADERSHIP

Maryann T. Mannen
CHIEF EXECUTIVE
Maryann T. Mannen

ABOUT

SECTOR
Energy
WENT PUBLIC
October 26, 2012
METHOD OF GOING PUBLIC
IPO
FULL TIME EMPLOYEES
5,762

PRICE TARGET

Target High$66.00
Target Low$63.00
Target Median$63.00
Target Consensus$63.80

UPCOMING EARNINGS

DateNov 3, 2026
DayTuesday
Rev. Est.$3.35B
NOV
3
TUE

ETFS HOLDING THIS STOCK

ETFS HOLDING
54
LISTED HERE
10
RANKED BY POSITION SIZE

INSTITUTIONAL OWNERSHIP

SHARES OWNED
13.66%
HOLDERS
885
TOP 8 OF 885 · RANKED BY POSITION SIZE

PRICE

$57.05 ▼ DOWN 1.25% (−$0.72)
$57.00$57.20$57.40$57.609:30 AM10:35 AM11:40 AM12:45 PM1:49 PM2:54 PM3:59 PM57.05

About MPLX Lp

https://www.mplx.com ↗

MPLX LP, a Marathon Petroleum subsidiary, owns and operates U.S. midstream energy infrastructure across logistics, storage, gathering, processing, transportation, marine services, and refining logistics.

INDUSTRY

Oil & Gas Midstream

A SERVICE MPLX LP IS KNOWN FOR

Natural Gas and NGL Services

MPLX offers integrated midstream services—including gathering, processing, transportation, and fractionation of natural gas and NGLs—with recent investments focused on expanding in the Permian and Marcellus shale regions.

MPLX Lp in 2025

SENTIMENT: + POSITIVE
David Capobianco
ACQUISITION · Q3 2025

MPLX Deepens Permian Presence with $2.375 Billion Acquisition of Northwind Midstream

MPLX significantly expanded its natural gas and NGL infrastructure in the Permian Basin by acquiring Northwind Midstream for $2.375 billion. This strategic move, announced in July and completed in September 2025, was aimed at enhancing the company's sour gas gathering, treating, and processing capabilities, and was expected to be immediately accretive to distributable cash flow.

ACQUISITION · JULY 2025 · COMPLETED

MPLX Acquires Northwind Midstream for $2.38B, Aggressively Expanding Permian Basin Sour Gas Operations

In a major strategic move to bolster its Permian Basin presence, MPLX acquired Northwind Midstream, a key provider of sour gas gathering and treating services. This acquisition, part of a broader portfolio repositioning in 2025 that also included consolidating ownership of the BANGL NGL pipeline and divesting assets in the Rockies, significantly enhances MPLX's integrated natural gas value chain and accelerates growth opportunities by adding significant dedicated acreage and volumes. [23, 16]

Latest News

247 WALLST · OCT 6, 2026

A $500,000 Roth Portfolio Loaded With These Dividend Stocks Pays $50,925 a Year and the IRS Gets None of It

Certain high-yield dividend stocks hand the IRS a five-figure cut every single year, but the account type you choose changes that math completely. Here is what four popular income payers actually cost you depending on where you hold them.

EARLIER COVERAGE
ZACKS INVESTMENT RESEARCH · OCT 6, 2026

TGS vs. MPLX: Which Stock Is the Better Value Option?

Investors with an interest in Oil and Gas - Production and Pipelines stocks have likely encountered both Transportadora De Gas Sa Ord B (TGS) and MPLX LP (MPLX). But which of these two companies is the best option for those looking for undervalued stocks?

ZACKS INVESTMENT RESEARCH · OCT 5, 2026

MPLX LP (MPLX) Outperforms Broader Market: What You Need to Know

MPLX LP (MPLX) closed at $57.37 in the latest trading session, marking a +1.76% move from the prior day.

24/7 WALL STREET · OCT 5, 2026

MPLX's 7.6% Yield Looks Risky But the Numbers Say Otherwise

A 7.6% yield on a pipeline partnership sets off alarm bells for most income investors, but MPLX's cash flow numbers tell a surprisingly different story about what that payout actually signals.

24/7 WALL STREET · OCT 3, 2026

5 High-Yield Dividend Stocks to Buy for October Income with Cash Flow to Spare

From a pharma giant rebuilding after a blockbuster patent loss to a pipeline partnership targeting double-digit distribution raises through 2027, these five stocks span wildly different industries yet share one thing: cash flow that keeps covering the check.

24/7 WALL STREET · OCT 3, 2026

4 of the Safest Ultra-High-Yield Dividend Stocks You Can Confidently Buy Today

A big yield grabs attention, but a safe yield actually pays the bills. These four income stocks clear both hurdles, yielding above 6% while backing every payout with hard cash flow and years of consecutive raises.

ZACKS INVESTMENT RESEARCH · OCT 2, 2026

Can Midstream Energy Firms Weather a Volatile Energy Market?

Midstream firms like WMB, KMI and MPLX may weather energy market volatility with stable fee-based revenues and long-term contracts that limit commodity-price exposure.

SEEKING ALPHA · OCT 2, 2026

At $5 Million, I'd Still Worry About Retirement Income

A $5 million portfolio can fund early retirement, but only with disciplined spending, inflation protection, and strategic asset allocation. Spending needs, inflation risk, and sequence of returns risk must be stress-tested for any retirement plan, regardless of portfolio size. Yield alone is insufficient; blending T-bills, TIPS, growth-yield equities like MPLX, and low-payout growers like ICE is essential.

FOOL - INVESTING NEWS · OCT 1, 2026

Which Energy ETF Fits Your Portfolio? State Street Energy Select Sector SPDR ETF (XLE) or the Alerian MLP ETF (AMLP)?

One offers broad energy exposure at rock-bottom costs; the other targets infrastructure with a 7.8% yield. Here's how to choose.

ZACKS INVESTMENT RESEARCH · OCT 1, 2026

Beyond Oil Price Swings: 3 Midstream Stocks Built for Resilience

Kinder Morgan, MPLX and Williams offer resilient midstream models, backed by fee-based revenues and long-term contracts amid volatile crude prices.

SHOWING 2–10 OF 12

RATINGS SNAPSHOT

Overall rating: B+

DCFROEROAD/EP/EP/B
Discounted Cash Flow4
Return On Equity5
Return On Assets5
Debt To Equity1
Price To Earnings2
Price To Book1
Overall Score3

MOST RECENT ANALYST GRADES

GRADE SUMMARY
BUY 4
OVERWEIGHT 2
NEUTRAL 2
OUTPERFORM 1
EQUAL WEIGHT 1
PEER PERFORM 1
MARKET PERFORM 1
12 GRADES IN THE LAST 12 MONTHS

SECTORS PEERS

PEERPRICE
WMB$71.34COMPARE
SU$68.72COMPARE
EPD$36.87COMPARE
E$54.72COMPARE
SLB$50.07COMPARE
ET$20.72COMPARE
KMI$31.75COMPARE
TRP$60.12COMPARE

TRADES BY CONGRESS

HOUSE TRADES
Mark Dr Green
Mark Dr Green
Sale (Full)
2021-12-21
Mark E. Green
Mark E. Green
Sale (Full)
2021-12-21
SENATE TRADES
David Alfred Perdue
David Alfred Perdue
Sale (Full)
2020-04-15
David Perdue
David Perdue
Sale (Full)
2020-04-15

INSIDER TRADES

★
DIRECTOR
Breves Christine S
Purchase · 218 shares
2026-08-14
★
DIRECTOR
HELMS CHRISTOPHER A
Purchase · 1.3K shares
2026-08-14
★
DIRECTOR
SEMPLE FRANK M
Purchase · 1.1K shares
2026-08-14
★
DIRECTOR
STICE J MICHAEL
Purchase · 982 shares
2026-08-14