mplx - MPLX

MPLX

Close Chg Chg %
55.46 0.46 0.83%

Closed Market

55.92

+0.46 (0.83%)

Volume: 1.54M

Last Updated:

Jan 15, 2026, 3:59 PM EDT

Company Overview: mplx - MPLX

MPLX Key Data

Open

$55.58

Day Range

55.21 - 56.30

52 Week Range

44.60 - 56.30

Market Cap

$56.41B

Shares Outstanding

1.02B

Public Float

365.46M

Beta

0.54

Rev. Per Employee

N/A

P/E Ratio

11.61

EPS

$4.72

Yield

720.47%

Dividend

$1.08

EX-DIVIDEND DATE

Nov 7, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

1.44M

 

MPLX Performance

1 Week
 
5.60%
 
1 Month
 
4.23%
 
3 Months
 
14.41%
 
1 Year
 
9.42%
 
5 Years
 
127.06%
 

MPLX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 16
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 11.13B
Industry Oil & Gas Pipelines Net Income 4.31B
Sector Industrial Services 2024 Sales Growth 4.272%
Fiscal Year-end 12 / 2025 Employees 5,560
View SEC Filings

MPLX Valuation

P/E Current 11.608
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 11.37
Price to Sales Ratio 4.373
Price to Book Ratio 3.585
Price to Cash Flow Ratio 8.19
Enterprise Value to EBITDA 11.934
Enterprise Value to Sales 6.202
Total Debt to Enterprise Value 0.311

MPLX Efficiency

Revenue/Employee 2,001,798.561
Income Per Employee 775,179.856
Receivables Turnover 7.209
Total Asset Turnover 0.301

MPLX Liquidity

Current Ratio 1.013
Quick Ratio 0.957
Cash Ratio 0.47

MPLX Profitability

Gross Margin 45.454
Operating Margin 40.44
Pretax Margin 39.236
Net Margin 38.724
Return on Assets 11.642
Return on Equity 31.775
Return on Total Capital 12.239
Return on Invested Capital 12.951

MPLX Capital Structure

Total Debt to Total Equity 155.57
Total Debt to Total Capital 60.872
Total Debt to Total Assets 57.146
Long-Term Debt to Equity 145.08
Long-Term Debt to Total Capital 55.931
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Mplx - MPLX

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
9.71B 11.14B 10.67B 11.13B
Sales Growth
+14.12% +14.74% -4.16% +4.27%
Cost of Goods Sold (COGS) incl D&A
5.46B 6.29B 5.86B 6.07B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.29B 1.23B 1.21B 1.28B
Depreciation
1.25B 1.19B 1.18B 1.25B
Amortization of Intangibles
36.00M 36.00M 36.00M 35.00M
COGS Growth
+17.59% +15.13% -6.79% +3.60%
Gross Income
4.25B 4.85B 4.81B 5.06B
Gross Income Growth
+9.95% +14.25% -0.74% +5.09%
Gross Profit Margin
+43.74% +43.55% +45.10% +45.45%
2021 2022 2023 2024 5-year trend
SG&A Expense
363.00M 334.00M 370.00M 427.00M
Research & Development
- - - -
-
Other SG&A
363.00M 334.00M 370.00M 427.00M
SGA Growth
-3.97% -7.99% +10.78% +15.41%
Other Operating Expense
120.00M 115.00M 131.00M 131.00M
Unusual Expense
77.00M (46.00M) 9.00M 3.00M
EBIT after Unusual Expense
3.69B 4.45B 4.30B 4.50B
Non Operating Income/Expense
307.00M 464.00M 596.00M 790.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
321.00M 476.00M 600.00M 802.00M
Interest Expense
879.00M 925.00M 923.00M 921.00M
Interest Expense Growth
-1.90% +5.23% -0.22% -0.22%
Gross Interest Expense
893.00M 934.00M 938.00M 940.00M
Interest Capitalized
14.00M 9.00M 15.00M 19.00M
Pretax Income
3.11B 3.99B 3.98B 4.37B
Pretax Income Growth
+554.45% +28.04% -0.23% +9.81%
Pretax Margin
+32.07% +35.79% +37.26% +39.24%
Income Tax
1.00M 8.00M 11.00M 10.00M
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
321.00M 476.00M 600.00M 802.00M
Other After Tax Income (Expense)
- - - (7.00M)
-
Consolidated Net Income
3.11B 3.98B 3.97B 4.35B
Minority Interest Expense
35.00M 34.00M 38.00M 40.00M
Net Income
3.08B 3.94B 3.93B 4.31B
Net Income Growth
+527.36% +28.18% -0.41% +9.73%
Net Margin Growth
+31.70% +35.41% +36.80% +38.72%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
3.08B 3.94B 3.93B 4.31B
Preferred Dividends
141.00M 153.00M 99.00M 29.00M
Net Income Available to Common
2.94B 3.79B 3.83B 4.28B
EPS (Basic)
2.8588 3.7535 3.8252 4.2136
EPS (Basic) Growth
+456.86% +31.30% +1.91% +10.15%
Basic Shares Outstanding
1.03B 1.01B 1.00B 1.02B
EPS (Diluted)
2.8588 3.7535 3.8214 4.2094
EPS (Diluted) Growth
+456.86% +31.30% +1.81% +10.15%
Diluted Shares Outstanding
1.03B 1.01B 1.00B 1.02B
EBITDA
5.05B 5.63B 5.53B 5.78B
EBITDA Growth
+6.63% +11.53% -1.86% +4.67%
EBITDA Margin
+52.02% +50.56% +51.77% +51.97%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 57.462
Number of Ratings 16 Current Quarters Estimate 1.08
FY Report Date 03 / 2026 Current Year's Estimate 4.48
Last Quarter’s Earnings 1.05 Median PE on CY Estimate N/A
Year Ago Earnings 4.647 Next Fiscal Year Estimate 4.947
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 8 11 10
Mean Estimate 1.08 1.09 4.48 4.95
High Estimates 1.22 1.18 4.88 5.23
Low Estimate 0.97 1.00 4.04 4.28
Coefficient of Variance 7.85 5.86 6.21 5.25

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 6 7
OVERWEIGHT 1 2 3
HOLD 8 7 5
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Mplx - MPLX

Date Name Shares Transaction Value
Aug 28, 2025 Ray N. Walker Director 1,678 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2025 Frank M. Semple Director 55,968 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2025 John P. Surma Director 86,095 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2025 Christopher A. Helms Director 78,108 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2025 Garry L. Peiffer Director 61,645 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2025 John Michael Stice Director 51,276 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2025 Christine S. Breves Director 11,389 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2025 Shawn Michael Lyons Senior VP, Log. & Storage 25,299 Open market or private purchase of non-derivative security Non-derivative transaction at $52.75 per share 1,334,522.25

Mplx in the News