Energy -
Oil & Gas Midstream - NYSE - US
$ 51.15
0.669 %
$ 52.1 B
Market Cap
12.06
P/E
1. INTRINSIC VALUE
Balance Sheet
MPLX LP
| Current Assets | 2.81 B |
| Cash & Short-Term Investments | 1.05 B |
| Receivables | 1.56 B |
| Other Current Assets | 198 M |
| Non-Current Assets | 33.7 B |
| Long-Term Investments | 3.74 B |
| PP&E | 19.8 B |
| Other Non-Current Assets | 10.2 B |
| Current Liabilities | 2.62 B |
| Accounts Payable | 153 M |
| Short-Term Debt | 1.18 B |
| Other Current Liabilities | 1.29 B |
| Non-Current Liabilities | 20.3 B |
| Long-Term Debt | 19.7 B |
| Other Non-Current Liabilities | 588 M |
EFFICIENCY
Earnings Waterfall
MPLX LP
| Revenue | 10.7 B |
| Cost Of Revenue | 5.86 B |
| Gross Profit | 4.82 B |
| Operating Expenses | -337 M |
| Operating Income | 4.9 B |
| Other Expenses | 972 M |
| Net Income | 3.93 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
MPLX LP
| Net Income | 3.93 B |
| Depreciation & Amortization | 1.21 B |
| Capital Expenditures | -937 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 130 M |
| Others | 298 M |
| Free Cash Flow | 4.46 B |
Wall Street Analysts Price Targets
MPLX LP
Wall Street analysts predict an average 1-year price target for MPLX of $47.8 , with forecasts ranging from
a
low of
$43 to a high of $54 .
MPLX Lowest Price Target
Wall Street Target
43 USD
-15.93%
MPLX Average Price Target
Wall Street Target
47.8 USD
-6.65%
MPLX Highest Price Target
Wall Street Target
54 USD
5.57%
4. DIVIDEND
ANALYSIS
1.93%
DIVIDEND YIELD
0.957 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
MPLX LP
Sold
0-3 MONTHS
189 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Nov 18, 2024
|
Sell 189 K
USD
|
HAGEDORN CARL KRISTOPHER
Exec VP & Chief Fin Ofc
|
- 4000
|
47.24 USD |
|
2 years ago
Apr 19, 2022
|
Sell 87.5 K
USD
|
Floerke Gregory Scott
Exec. VP and COO
|
- 2500
|
35 USD |
|
2 years ago
Feb 07, 2022
|
Sell 83 K
USD
|
Floerke Gregory Scott
Exec. VP and COO
|
- 2500
|
33.2 USD |
|
2 years ago
Feb 01, 2022
|
Sell 924 K
USD
|
SEMPLE FRANK M
Director
|
- 28000
|
33 USD |
|
2 years ago
Feb 02, 2022
|
Sell 952 K
USD
|
SEMPLE FRANK M
Director
|
- 28000
|
34 USD |
|
3 years ago
Nov 08, 2021
|
Sell 864 K
USD
|
SEMPLE FRANK M
Director
|
- 27000
|
32 USD |
|
3 years ago
Nov 08, 2021
|
Sell 78.2 K
USD
|
Floerke Gregory Scott
Exec. VP and COO
|
- 2500
|
31.2735 USD |
|
3 years ago
Nov 08, 2021
|
Sell 78.1 K
USD
|
Floerke Gregory Scott
Exec. VP and COO
|
- 2500
|
31.2534 USD |
|
3 years ago
May 06, 2021
|
Sell 67.5 K
USD
|
Floerke Gregory Scott
Exec. VP and COO
|
- 2500
|
27 USD |
|
4 years ago
Jan 13, 2021
|
Sell 62.5 K
USD
|
Floerke Gregory Scott
COO and Exec. VP
|
- 2500
|
25 USD |
|
4 years ago
Dec 04, 2020
|
Sell 57.5 K
USD
|
Floerke Gregory Scott
COO and Exec. VP
|
- 2500
|
23 USD |
|
4 years ago
Nov 18, 2020
|
Sell 52.5 K
USD
|
Floerke Gregory Scott
COO and Exec. VP
|
- 2500
|
21 USD |
|
5 years ago
Aug 09, 2019
|
Bought
513 K USD
|
Peiffer Garry L.
Director
|
+ 18800
|
27.301 USD |
|
5 years ago
Aug 07, 2019
|
Bought
813 K USD
|
Heminger Gary R.
Chairman, CEO
|
+ 30000
|
27.086 USD |
|
5 years ago
Aug 08, 2019
|
Bought
57.6 K USD
|
Heminger Gary R.
Chairman, CEO
|
+ 2100
|
27.4386 USD |
|
5 years ago
Aug 08, 2019
|
Bought
57.5 K USD
|
Heminger Gary R.
Chairman, CEO
|
+ 2100
|
27.4 USD |
|
5 years ago
Aug 08, 2019
|
Bought
57.6 K USD
|
Heminger Gary R.
Chairman, CEO
|
+ 2100
|
27.4168 USD |
|
5 years ago
Aug 08, 2019
|
Bought
57.6 K USD
|
Heminger Gary R.
Chairman, CEO
|
+ 2100
|
27.4212 USD |
|
5 years ago
Aug 08, 2019
|
Bought
57.6 K USD
|
Heminger Gary R.
Chairman, CEO
|
+ 2100
|
27.4469 USD |
|
5 years ago
Aug 07, 2019
|
Bought
999 K USD
|
SANDMAN DAN D
Director
|
+ 36630
|
27.26 USD |
|
5 years ago
Aug 07, 2019
|
Bought
489 K USD
|
Peiffer Garry L.
Director
|
+ 18000
|
27.147 USD |
|
7 years ago
Dec 11, 2017
|
Sell 74 K
USD
|
Floerke Gregory Scott
Exec VP MarkWest Opr
|
- 2000
|
37 USD |
|
7 years ago
Nov 30, 2017
|
Sell 72 K
USD
|
Floerke Gregory Scott
Exec VP MarkWest Opr
|
- 2000
|
36 USD |
|
7 years ago
Nov 20, 2017
|
Sell 68.8 K
USD
|
Floerke Gregory Scott
Exec VP MarkWest Opr
|
- 2000
|
34.38 USD |
|
7 years ago
Nov 20, 2017
|
Sell 70 K
USD
|
Floerke Gregory Scott
Exec VP MarkWest Opr
|
- 2000
|
35 USD |
|
7 years ago
Sep 13, 2017
|
Sell 86.2 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 2500
|
34.5 USD |
|
7 years ago
Sep 14, 2017
|
Sell 17.4 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 500
|
34.815 USD |
|
7 years ago
Sep 15, 2017
|
Sell 69.6 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 2000
|
34.8 USD |
|
7 years ago
Jun 12, 2017
|
Bought
49.9 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 1500
|
33.2849 USD |
|
7 years ago
Jun 12, 2017
|
Bought
49.9 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 1500
|
33.2647 USD |
|
7 years ago
Jun 12, 2017
|
Bought
49.9 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 1500
|
33.2597 USD |
|
7 years ago
Jun 12, 2017
|
Bought
49.9 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 1500
|
33.2446 USD |
|
7 years ago
Jun 12, 2017
|
Bought
49.9 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 1500
|
33.2418 USD |
|
7 years ago
Mar 15, 2017
|
Sell 543 K
USD
|
NICKERSON RANDY S
Exec VP and CCO
|
- 15000
|
36.1997 USD |
|
7 years ago
Feb 15, 2017
|
Sell 579 K
USD
|
NICKERSON RANDY S
Exec VP and CCO
|
- 15000
|
38.6062 USD |
|
7 years ago
Jan 24, 2017
|
Sell 37 K
USD
|
Floerke Gregory Scott
Exec VP and COO
|
- 1000
|
37 USD |
|
8 years ago
Jan 17, 2017
|
Sell 541 K
USD
|
NICKERSON RANDY S
Exec VP and CCO
|
- 15000
|
36.082 USD |
|
8 years ago
Jan 04, 2017
|
Sell 90 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 2500
|
36 USD |
|
8 years ago
Jan 04, 2017
|
Sell 36 K
USD
|
Floerke Gregory Scott
Exec VP and COO
|
- 1000
|
36 USD |
|
8 years ago
Jan 03, 2017
|
Sell 35 K
USD
|
Floerke Gregory Scott
Exec VP and COO
|
- 1000
|
35 USD |
|
8 years ago
Dec 27, 2016
|
Sell 1.53 M
USD
|
SEMPLE FRANK M
Director
|
- 45000
|
34 USD |
|
8 years ago
Dec 21, 2016
|
Sell 259 K
USD
|
NICKERSON RANDY S
Exec VP and CCO
|
- 7855
|
33.011 USD |
|
8 years ago
Dec 20, 2016
|
Sell 236 K
USD
|
NICKERSON RANDY S
Exec VP and CCO
|
- 7145
|
33.0102 USD |
|
8 years ago
Nov 21, 2016
|
Sell 1.53 M
USD
|
SEMPLE FRANK M
Director
|
- 45000
|
34 USD |
|
8 years ago
Nov 15, 2016
|
Sell 496 K
USD
|
NICKERSON RANDY S
Exec VP and CCO
|
- 15000
|
33.0652 USD |
|
8 years ago
Oct 31, 2016
|
Sell 510 K
USD
|
NICKERSON RANDY S
Exec VP and CCO
|
- 15000
|
34.0286 USD |
|
8 years ago
Oct 31, 2016
|
Sell 170 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 5000
|
34.0333 USD |
|
8 years ago
Nov 01, 2016
|
Sell 175 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 5000
|
35 USD |
|
8 years ago
Oct 27, 2016
|
Sell 1.53 M
USD
|
SEMPLE FRANK M
Director
|
- 45000
|
34 USD |
|
8 years ago
Oct 24, 2016
|
Sell 160 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 5000
|
32.024 USD |
|
8 years ago
Oct 12, 2016
|
Sell 31 K
USD
|
Floerke Gregory Scott
Exec VP and COO
|
- 1000
|
31 USD |
|
8 years ago
Sep 23, 2016
|
Sell 327 K
USD
|
Buese Nancy
Exec VP and CFO
|
- 10000
|
32.72 USD |
|
8 years ago
Sep 23, 2016
|
Sell 165 K
USD
|
Buese Nancy
Exec VP and CFO
|
- 5000
|
33 USD |
|
8 years ago
Jul 01, 2016
|
Sell 409 K
USD
|
Rosson Paula L
Senior VP and CAO
|
- 12267
|
33.38 USD |
|
8 years ago
May 23, 2016
|
Sell 170 K
USD
|
Buese Nancy
Exec VP and CFO
|
- 5000
|
34 USD |
|
8 years ago
May 23, 2016
|
Sell 85 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 2500
|
34 USD |
|
8 years ago
Apr 11, 2016
|
Sell 72.9 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 2500
|
29.16 USD |
|
8 years ago
Apr 11, 2016
|
Sell 75 K
USD
|
Bromley C Corwin
Exec. VP and Gen Counsel
|
- 2500
|
30 USD |
|
9 years ago
Dec 04, 2015
|
Bought
623 K USD
|
SANDMAN DAN D
Director
|
+ 20000
|
31.1637 USD |
|
9 years ago
Sep 10, 2015
|
Bought
183 K USD
|
Wilson C. Richard
Director
|
+ 4000
|
45.67 USD |
|
9 years ago
Aug 28, 2015
|
Bought
50.3 K USD
|
Griffith Timothy T.
VP & Chief Financial Officer
|
+ 1000
|
50.26 USD |
|
9 years ago
Aug 27, 2015
|
Bought
374 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 7450
|
50.244 USD |
|
9 years ago
Aug 26, 2015
|
Bought
476 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 10000
|
47.577 USD |
|
9 years ago
Aug 20, 2015
|
Bought
153 K USD
|
Templin Donald C.
Executive VP
|
+ 3000
|
51.118 USD |
|
9 years ago
Aug 20, 2015
|
Bought
51.3 K USD
|
Griffith Timothy T.
VP & Chief Financial Officer
|
+ 1000
|
51.34 USD |
|
10 years ago
Dec 12, 2014
|
Bought
380 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 6200
|
61.256 USD |
|
10 years ago
Dec 11, 2014
|
Bought
191 K USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 3100
|
61.7 USD |
|
10 years ago
Mar 11, 2014
|
Bought
148 K USD
|
Wilson C. Richard
Director
|
+ 3000
|
49.417 USD |
|
11 years ago
May 21, 2013
|
Bought
115 K USD
|
Wilson C. Richard
Director
|
+ 3000
|
38.455 USD |
|
12 years ago
Oct 31, 2012
|
Bought
165 K USD
|
SURMA JOHN P
Director
|
+ 7500
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
528 K USD
|
SANDMAN DAN D
Director
|
+ 24000
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
242 K USD
|
HELMS CHRISTOPHER A
Director
|
+ 11000
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
220 K USD
|
Daberko David A.
Director
|
+ 10000
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
495 K USD
|
Wilder J. Michael
VP, General Counsel & Sec
|
+ 22500
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
88 K USD
|
Shaffner George P.
VP and Chief Operating Officer
|
+ 4000
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
71.5 K USD
|
Pierson Craig O.
Vice President, Operations
|
+ 3250
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
110 K USD
|
Griffith Timothy T.
Vice President and Treasurer
|
+ 5000
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
88 K USD
|
Braddock Michael G.
Vice President and Controller
|
+ 4000
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
220 K USD
|
Beall Pamela K.M.
VP, Investor Relations
|
+ 10000
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
330 K USD
|
Templin Donald C.
VP and Chief Financial Officer
|
+ 15000
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
583 K USD
|
Peiffer Garry L.
President
|
+ 26500
|
22 USD |
|
12 years ago
Oct 31, 2012
|
Bought
1.32 M USD
|
Heminger Gary R.
Chief Executive Officer
|
+ 60000
|
22 USD |
7. News
MPLX LP (MPLX) Flat As Market Gains: What You Should Know
In the latest trading session, MPLX LP (MPLX) closed at $48.52, marking no change from the previous day.
zacks.com
- 1 week ago
5 Ultra High-Yield Dividend Stocks Paying Over 5%
The Federal Reserve's 25 basis points rate cut at the end of October 2024 took interest rates below 5% for the first time since March 2023, and another rate a few weeks ago puts it as 4.5% as of writing.
247wallst.com
- 1 week ago
2 High-Yielding Cash Cows For A Comfortable Retirement
Income investors should consider dividend stocks like Energy Transfer and Ladder Capital for steady cash flow and long-term wealth building. Energy Transfer offers a 6.6% yield, benefits from rising natural gas demand, and has strong financial management, making it an attractive value play. Ladder Capital, yielding 8.2%, carries a diversified, low-leverage loan portfolio and significant liquidity, positioning it well for growth.
seekingalpha.com
- 1 week ago
3 Midstream Stocks to Monitor in a Volatile Energy Market
Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like Kinder Morgan, The Williams Companies and MPLX.
zacks.com
- 2 weeks ago
7-8% Yields: 3 Of My Favorite, High-Yield Blue Chips For 2025
Dividend investing done right is remarkably simple. I focus on businesses that are durable and defensive and have strong balance sheets and well-covered dividends. I share 3 all-star high-yields that also offer very impressive growth potential.
seekingalpha.com
- 2 weeks ago
Beat Inflation Like A Pro: Unstoppable Dividend Picks You Can't Miss
The dollar surged 8% in 2024, fueled by the Fed's policy shifts and potential tariffs under President Trump. As inflation persists, the Fed's uncertain path adds volatility. Professional investors, including hedge fund managers, emphasize inflation protection. Infrastructure assets, particularly in renewable power and data centers, offer strong growth and income potential. Amid rising bond yields, I favor high-yielding stocks, especially in infrastructure and real estate, as these sectors benefit from inflation and offer stability and growth.
seekingalpha.com
- 2 weeks ago
Buy The Drop On These Amazing Dividend Bargains
There is always something on sale, with now being a good time to pick up select names in the energy sector for high yields and value. Cenovus Energy is a Canadian oil and gas giant with integrated operations, offering strong cash flows, disciplined capital allocation, and robust capital returns to shareholders. Plains All American is a large midstream company with extensive infrastructure, strong operational efficiencies, and high yields, benefiting from growth in Permian Basin volumes.
seekingalpha.com
- 2 weeks ago
Why the Market Dipped But MPLX LP (MPLX) Gained Today
In the latest trading session, MPLX LP (MPLX) closed at $47.69, marking a +0.44% move from the previous day.
zacks.com
- 2 weeks ago
4 High-Yield Stocks With 7% and Higher Dividends Are 2025 Home Runs
Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential.
247wallst.com
- 3 weeks ago
4 Resilient Oil Pipeline Stocks to Watch Despite Industry Pressures
Conservative capital spending by upstream players and gradual shifting to renewables may hurt the demand for midstream players' assets. Enbridge (ENB), Kinder Morgan (KMI), The Williams Companies (WMB) and MPLX are surviving the industry challenges.
zacks.com
- 3 weeks ago
MPLX: A Top Midstream Play For 2025
MPLX is a fast-growing midstream energy company with strong distributable cash flow and consistent excess dividend coverage, offering a 7% dividend yield. The company has two core segments, Logistics and Storage, and Gathering and Processing, both showing solid EBITDA growth. MPLX trades at an attractive 10.4X EBITDA multiplier, with the potential for revaluation to 12-13X as the company deleverages its balance sheet and grows its core operations.
seekingalpha.com
- 3 weeks ago
Big Dividends Ahead: Where I'd Invest $10,000 In 2025
I share my $10,000 dividend investment strategy for 2025, focusing on stocks with income potential and long-term growth prospects. These picks prioritize reliable dividends, strong fundamentals, and resilience, aiming to deliver consistent returns despite market conditions. With an eye on 2025 trends, I highlight why these investments stand out and how they can boost portfolios seeking income and growth.
seekingalpha.com
- 3 weeks ago
8. Profile
Summary
MPLX LP MPLX
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 52.1 B
Dividend Yield
1.93%
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
Ms. Kelly D. Wright
Vice President, Controller & Principal Accounting Officer of MPLX GP LLC
Ms. Molly R. Benson
Chief Legal Officer & Corporate Secretary of MPLX GP LLC
Mr. Michael J. Hennigan
Executive Chairman of the Board of MPLX GP LLC
Mr. Gregory Scott Floerke
Executive Vice President & Chief Operating Officer
Mr. Timothy J. Aydt
Executive Vice President of MPLX GP LLC
Mr. Carl Kristopher Hagedorn
Executive Vice President, Chief Financial Officer & Director
Ms. Maryann T. Mannen
President, Chief Executive Officer & Director of MPLX GP LLC
Mr. Raymond L. Brooks
Senior Vice President
Ms. Kristina Anna Kazarian
Vice President of Finance & Investor Relations - MPLX GP LLC
Mr. Shawn M. Lyon
Senior Vice President of Logistics & Storage