mplx - MPLX

MPLX

Close Chg Chg %
55.91 0.04 0.06%

Closed Market

55.94

+0.04 (0.06%)

Volume: 2.04M

Last Updated:

Apr 2, 2026, 3:59 PM EDT

Company Overview: mplx - MPLX

MPLX Key Data

Open

$56.37

Day Range

55.05 - 56.50

52 Week Range

44.60 - 59.97

Market Cap

$56.75B

Shares Outstanding

1.02B

Public Float

364.68M

Beta

0.54

Rev. Per Employee

N/A

P/E Ratio

11.60

EPS

$4.82

Yield

727.37%

Dividend

$1.08

EX-DIVIDEND DATE

Feb 9, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

1.63M

 

MPLX Performance

1 Week
 
-3.84%
 
1 Month
 
-4.69%
 
3 Months
 
3.77%
 
1 Year
 
15.31%
 
5 Years
 
114.01%
 

MPLX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 17
Full Ratings ➔

About mplx - MPLX

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Crude Oil and Products Logistics and Natural Gas and NGL Services segments. The Crude Oil and Products Logistics segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water. The Natural Gas and NGL Services segment gathers, processes, and transports natural gas, and gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs). The company was founded on March 27, 2012 and is headquartered in Findlay, OH.

MPLX At a Glance

MPLX LP
200 East Hardin Street
Findlay, Ohio 45840-3229
Phone 1-419-422-2121 Revenue 11.82B
Industry Oil & Gas Pipelines Net Income 4.91B
Sector Industrial Services 2025 Sales Growth 6.173%
Fiscal Year-end 12 / 2026 Employees 5,762
View SEC Filings

MPLX Valuation

P/E Current 11.604
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 11.078
Price to Sales Ratio 4.602
Price to Book Ratio 3.788
Price to Cash Flow Ratio 9.20
Enterprise Value to EBITDA 12.872
Enterprise Value to Sales 6.654
Total Debt to Enterprise Value 0.333

MPLX Efficiency

Revenue/Employee 2,050,850.399
Income Per Employee 851,961.125
Receivables Turnover 7.192
Total Asset Turnover 0.294

MPLX Liquidity

Current Ratio 1.229
Quick Ratio 1.176
Cash Ratio 0.658

MPLX Profitability

Gross Margin 45.172
Operating Margin 40.264
Pretax Margin 41.973
Net Margin 41.542
Return on Assets 12.194
Return on Equity 34.964
Return on Total Capital 12.132
Return on Invested Capital 13.564

MPLX Capital Structure

Total Debt to Total Equity 182.938
Total Debt to Total Capital 64.657
Total Debt to Total Assets 60.835
Long-Term Debt to Equity 172.051
Long-Term Debt to Total Capital 60.809
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Mplx - MPLX

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
11.14B 10.67B 11.13B 11.82B
Sales Growth
+14.74% -4.16% +4.27% +6.17%
Cost of Goods Sold (COGS) incl D&A
6.29B 5.86B 6.07B 6.48B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.23B 1.21B 1.28B 1.35B
Depreciation
1.19B 1.18B 1.25B 1.21B
Amortization of Intangibles
36.00M 36.00M 35.00M 141.00M
COGS Growth
+15.13% -6.79% +3.60% +6.72%
Gross Income
4.85B 4.81B 5.06B 5.34B
Gross Income Growth
+14.25% -0.74% +5.09% +5.51%
Gross Profit Margin
+43.55% +45.10% +45.45% +45.17%
2022 2023 2024 2025 5-year trend
SG&A Expense
334.00M 370.00M 427.00M 443.00M
Research & Development
- - - -
-
Other SG&A
334.00M 370.00M 427.00M 443.00M
SGA Growth
-7.99% +10.78% +15.41% +3.75%
Other Operating Expense
115.00M 131.00M 131.00M 137.00M
Unusual Expense
(46.00M) 9.00M 3.00M (14.00M)
EBIT after Unusual Expense
4.45B 4.30B 4.50B 4.77B
Non Operating Income/Expense
464.00M 596.00M 790.00M 1.24B
Non-Operating Interest Income
- - - 68.00M
-
Equity in Earnings of Affiliates
476.00M 600.00M 802.00M 697.00M
Interest Expense
925.00M 923.00M 921.00M 1.05B
Interest Expense Growth
+5.23% -0.22% -0.22% +14.12%
Gross Interest Expense
934.00M 938.00M 940.00M 1.05B
Interest Capitalized
- 9.00M 15.00M 19.00M
Pretax Income
3.99B 3.98B 4.37B 4.96B
Pretax Income Growth
+28.04% -0.23% +9.81% +13.58%
Pretax Margin
+35.79% +37.26% +39.24% +41.97%
Income Tax
8.00M 11.00M 10.00M 8.00M
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
476.00M 600.00M 802.00M 697.00M
Other After Tax Income (Expense)
- - (7.00M) (3.00M)
-
Consolidated Net Income
3.98B 3.97B 4.35B 4.95B
Minority Interest Expense
34.00M 38.00M 40.00M 40.00M
Net Income
3.94B 3.93B 4.31B 4.91B
Net Income Growth
+28.18% -0.41% +9.73% +13.90%
Net Margin Growth
+35.41% +36.80% +38.72% +41.54%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
3.94B 3.93B 4.31B 4.91B
Preferred Dividends
- 153.00M 99.00M 29.00M
Net Income Available to Common
3.79B 3.83B 4.28B 4.91B
EPS (Basic)
3.7535 3.8252 4.2136 4.8175
EPS (Basic) Growth
+31.30% +1.91% +10.15% +14.33%
Basic Shares Outstanding
1.01B 1.00B 1.02B 1.02B
EPS (Diluted)
3.7535 3.8214 4.2094 4.8175
EPS (Diluted) Growth
+31.30% +1.81% +10.15% +14.45%
Diluted Shares Outstanding
1.01B 1.00B 1.02B 1.02B
EBITDA
5.63B 5.53B 5.78B 6.11B
EBITDA Growth
+11.53% -1.86% +4.67% +5.62%
EBITDA Margin
+50.56% +51.77% +51.97% +51.70%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 59.083
Number of Ratings 17 Current Quarters Estimate 1.119
FY Report Date 06 / 2026 Current Year's Estimate 4.509
Last Quarter’s Earnings 1.064 Median PE on CY Estimate N/A
Year Ago Earnings 4.82 Next Fiscal Year Estimate 4.794
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 11 12 12
Mean Estimate 1.12 1.17 4.51 4.79
High Estimates 1.25 1.28 5.04 5.35
Low Estimate 1.00 1.03 4.05 4.04
Coefficient of Variance 6.92 7.03 6.52 7.93

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 7 6
OVERWEIGHT 1 1 1
HOLD 7 7 8
UNDERWEIGHT 2 2 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Mplx - MPLX

Date Name Shares Transaction Value
Mar 5, 2026 Shawn Michael Lyons Senior VP, Log. & Storage 29,087 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 1,722,532.14
Mar 5, 2026 C. Kristopher Hagedorn Exec VP & Chief Fin Ofc; Director 21,988 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 1,302,129.36
Mar 5, 2026 C. Kristopher Hagedorn Exec VP & Chief Fin Ofc; Director 22,410 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 C. Kristopher Hagedorn Exec VP & Chief Fin Ofc; Director 21,072 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 1,247,883.84
Mar 5, 2026 C. Kristopher Hagedorn Exec VP & Chief Fin Ofc; Director 20,409 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 1,208,620.98
Mar 5, 2026 Maryann T. Mannen Chairman, President & CEO; Director 165,459 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 9,798,481.98
Mar 5, 2026 Maryann T. Mannen Chairman, President & CEO; Director 171,868 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 10,178,022.96
Mar 5, 2026 Maryann T. Mannen Chairman, President & CEO; Director 175,272 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 10,379,607.84
Mar 5, 2026 Maryann T. Mannen Chairman, President & CEO; Director 178,679 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Molly R. Benson Chief Legal Ofc & Corp Sec 48,966 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Shawn Michael Lyons Senior VP, Log. & Storage 28,289 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 1,675,274.58
Mar 5, 2026 Gregory Scott Floerke Exec. VP and COO 98,229 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Shawn Michael Lyons Senior VP, Log. & Storage 30,120 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 1,783,706.40
Mar 5, 2026 Shawn Michael Lyons Senior VP, Log. & Storage 31,040 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Molly R. Benson Chief Legal Ofc & Corp Sec 47,112 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 2,789,972.64
Mar 5, 2026 Molly R. Benson Chief Legal Ofc & Corp Sec 48,352 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 2,863,405.44
Mar 5, 2026 Molly R. Benson Chief Legal Ofc & Corp Sec 46,114 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 2,730,871.08
Mar 5, 2026 Maria A. Khoury Director 8,451 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Gregory Scott Floerke Exec. VP and COO 95,337 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 5,645,857.14
Mar 5, 2026 Gregory Scott Floerke Exec. VP and COO 96,134 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $59.22 per share 5,693,055.48

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