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Energy - Oil & Gas Midstream - NYSE - US
$ 51.32
0.529 %
$ 52.4 B
Market Cap
11.85
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one MPLX stock under the worst case scenario is HIDDEN Compared to the current market price of 51.3 USD, MPLX LP is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one MPLX stock under the base case scenario is HIDDEN Compared to the current market price of 51.3 USD, MPLX LP is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one MPLX stock under the best case scenario is HIDDEN Compared to the current market price of 51.3 USD, MPLX LP is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MPLX

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$54.0$54.0$53.0$53.0$52.0$52.0$51.0$51.0$50.0$50.0$49.0$49.0$48.0$48.0$47.0$47.0$46.0$46.0$45.0$45.0$44.0$44.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
11.9 B REVENUE
11.72%
5.29 B OPERATING INCOME
7.92%
4.36 B NET INCOME
10.92%
5.95 B OPERATING CASH FLOW
10.17%
-2 B INVESTING CASH FLOW
-59.35%
-3.48 B FINANCING CASH FLOW
-4.35%
2.89 B REVENUE
1.65%
1.37 B OPERATING INCOME
1.71%
1.14 B NET INCOME
3.37%
1.25 B OPERATING CASH FLOW
-25.61%
-601 M INVESTING CASH FLOW
-72.21%
370 M FINANCING CASH FLOW
116.57%
Balance Sheet MPLX LP
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Current Assets 3.28 B
Cash & Short-Term Investments 1.52 B
Receivables 1.54 B
Other Current Assets 214 M
Non-Current Assets 34.2 B
Long-Term Investments 4.53 B
PP&E 19.4 B
Other Non-Current Assets 10.3 B
4.05 %4.11 %12.08 %51.79 %27.40 %Total Assets$37.5b
Current Liabilities 3.24 B
Accounts Payable 147 M
Short-Term Debt 1.69 B
Other Current Liabilities 1.4 B
Non-Current Liabilities 20.3 B
Long-Term Debt 19.7 B
Other Non-Current Liabilities 570 M
7.20 %5.94 %83.81 %Total Liabilities$23.5b
EFFICIENCY
Earnings Waterfall MPLX LP
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Revenue 11.9 B
Cost Of Revenue 1.56 B
Gross Profit 10.4 B
Operating Expenses 5.08 B
Operating Income 5.29 B
Other Expenses 931 M
Net Income 4.36 B
12b12b10b10b8b8b6b6b4b4b2b2b0012b(2b)10b(5b)5b(931m)4bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
86.93% GROSS MARGIN
86.93%
44.31% OPERATING MARGIN
44.31%
36.18% NET MARGIN
36.18%
0.00% ROE
0.00%
11.51% ROA
11.51%
14.67% ROIC
14.67%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MPLX LP
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5b5b5b5b4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m00(500m)(500m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 4.36 B
Depreciation & Amortization 1.28 B
Capital Expenditures -1.06 B
Stock-Based Compensation 0
Change in Working Capital 246 M
Others 124 M
Free Cash Flow 4.89 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MPLX LP
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Wall Street analysts predict an average 1-year price target for MPLX of $49.1 , with forecasts ranging from a low of $43 to a high of $62 .
MPLX Lowest Price Target Wall Street Target
43 USD -16.21%
MPLX Average Price Target Wall Street Target
49.1 USD -4.28%
MPLX Highest Price Target Wall Street Target
62 USD 20.81%
Price
Max Price Target
Min Price Target
Average Price Target
6565606055555050454540403535Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
1.79% DIVIDEND YIELD
0.957 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
4.00004.00003.50003.50003.00003.00002.50002.50002.00002.00001.50001.50001.00001.00000.50000.50000.00000.00000.38250.50.520.60750.64750.68750.68750.7050.7750.850.95650.410.5050.540.61750.65750.68750.68750.7050.7750.850.95650.440.510.56250.62750.66750.68750.68750.7050.7750.850.471.700.5152.030.58752.210.63752.490.67752.650.68752.751.283.340.7752.890.853.180.95653.511.912015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership MPLX LP
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
189 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
211 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MPLX LP to Report Second-Quarter Results on August 5, 2025 FINDLAY, Ohio , June 5, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, August 5, 2025, at 9:30 a.m. EDT to discuss 2025 second-quarter financial results. prnewswire.com - 2 weeks ago
Why Is MPLX LP (MPLX) Up 3.6% Since Last Earnings Report? MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock? zacks.com - 2 weeks ago
Two 9%+ Yielding MLPs To Buy Before They Get Arbitraged Away The midstream sector is under pressure. The YTD valuations have dropped across the board. Some, however, have been punished more than others. seekingalpha.com - 2 weeks ago
Change Of Distribution Scenery At MPLX (Rating Upgrade) MPLX's new CEO shifted messaging: distribution growth now tied to long-term EBITDA growth, not excess cash flows, making payout growth less transparent. Management is aggressively pursuing M&A and organic projects, focusing on NGL and natural gas, with targeted mid-single-digit growth and mid-teens returns. Despite commodity volatility, MPLX benefits from robust production in low-cost U.S. basins, supporting a positive long-term outlook for hydrocarbon demand. seekingalpha.com - 2 weeks ago
3 Dividend Growth Stocks to Buy in June and Hold Forever High-yield dividend stocks are great, but you know what's even better? High-yield dividends that can grow rapidly. fool.com - 2 weeks ago
MPLX: A Compelling Income Growth Stock MPLX offers stable, fee-based cash flows and a 7.5% yield, with 11 years of distribution growth and strong coverage. Growth is driven by natural gas expansion, strategic acquisitions, and organic projects, especially in the Marcellus, Utica, and Permian basins. The partnership maintains a solid balance sheet, manageable leverage, and excess cash flow to fund capex, buybacks, and further growth. seekingalpha.com - 3 weeks ago
MPLX LP Remains A Top-Tier Pick MPLX remains a compelling buy due to strong revenue growth, high yield, low leverage, and attractive valuation versus peers. Recent quarterly results show robust expansion in both crude/products logistics and natural gas/NGL services, driving higher profitability and distributable cash flow. Strategic acquisitions and ongoing growth investments position MPLX for continued organic and inorganic expansion through 2025 and beyond. seekingalpha.com - 3 weeks ago
3 Safe Ultra-High-Yield Dividend Stocks to Buy and Hold for a Lifetime of Passive Income Higher-yielding dividend stocks often have a higher risk of a future payment reduction. Because many of these companies either have weak financial profiles or growth prospects, investors need to tread carefully when buying stocks with a higher yield if they're seeking a bankable income stream. fool.com - 3 weeks ago
MPLX LP (MPLX) is a Top-Ranked Growth Stock: Should You Buy? The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. zacks.com - 3 weeks ago
3 Stocks to Buy for “Liberation Day 2.0” For better or worse, April's “Liberation Day” was a chance to make a lot of money.  On the positive side, the volatility surge created some incredible deals. investorplace.com - 3 weeks ago
Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS) I use YCharts' Value Score and Ben Graham Formula to identify large-cap stocks offering strong value relative to profits, assets, and dividends. Eighteen of twenty-four 'safer' lowest-priced Dividend Dogs of the GVAS are fair-priced and ready to buy for income-focused investors. Top ten GVAS stocks are projected to deliver 17.99% to 68.74% net gains by May 2026, with average risk 29% below the market. seekingalpha.com - 4 weeks ago
The Smartest High-Dividend Energy Stocks to Buy With $1,000 Right Now For investors trying to find high-yield stocks that can help supplement their income, the midstream energy space is one of the best sectors to look at. Meanwhile, $1,000 is a good starting point for investors to begin accumulating positions. fool.com - 1 month ago
8. Profile Summary

MPLX LP MPLX

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COUNTRY US
INDUSTRY Oil & Gas Midstream
MARKET CAP $ 52.4 B
Dividend Yield 1.79%
Description MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, 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 sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and 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, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of 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.
Contact 200 East Hardin Street, Findlay, OH, 45840-3229 https://www.mplx.com
IPO Date Oct. 26, 2012
Employees 6200
Officers Mr. Michael J. Hennigan Executive Chairman of the Board of MPLX GP LLC Mr. Timothy J. Aydt Executive Vice President of MPLX GP LLC Mr. Carl Kristopher Hagedorn Executive Vice President, Chief Financial Officer & Director of MPLX GP LLC Ms. Maryann T. Mannen President, Chief Executive Officer & Director of MPLX GP LLC Mr. Gregory Scott Floerke Executive Vice President & Chief Operating Officer of MPLX GP LLC Ms. Molly R. Benson Chief Legal Officer & Corporate Secretary of MPLX GP LLC Mr. Rick D. Hessling Senior Vice President of MPLX GP LLC Mr. Brian K. Partee Senior Vice President of MPLX GP LLC Mr. Shawn M. Lyon Senior Vice President of Logistics & Storage - MPLX GP LLC Ms. Kristina Anna Kazarian Vice President of Finance & Investor Relations - MPLX GP LLC