Mplx LP MPLX

$56.55 +0.30 (0.53%)

Valuation

Market cap
57,029,512,000
Revenue TTM
$12,998,000,000
Net income TTM
$4,912,000,000
P/E (trailing)
13.43
P/E (forward)
13.54
Profit margin
37.79%
Debt to equity
1.80

Trading

Volume
3,329,752
Avg volume
1,466,884
Day's range
$56.22 – $57.36
Shares out
1,013,858,000
Stochastic %K
19%
Beta
0.48
Analysts
Moderate Buy
Price target
$63.42

Price

Company profile

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation...

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MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, 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 renewables; and sale of residue gas and condensate. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as 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, it operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck 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.

Industry
Oil & Gas Midstream
Sector
Energy
Phone
419 422 2121
Website
https://www.mplx.com
Address
200 East Hardin Street, Findlay, United States

Latest news

Stocktwits

shoc24 Nov 5, 9:29 PM
Rough, scary day in the market, and it's okay to feel it. Markets have bounced back from drops before, and I expect this one to as well. For me, days like this are for research, so I used Stock Meadow's scoring model to find the companies to buy. $MPLX is ranked #13 in energy balanced with a score of 72.
0 replies
shoc24 Nov 5, 2:14 AM
$MPLX is ranked #8 in energy balanced with a score of 75. I used Stock Meadow's scoring model to review the results.
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KryptonResearch14 Nov 4, 6:32 AM
$MPLX The contract book is not in the release at all. Note 14 of the 10-Q filed November 3 puts remaining performance obligations at 5.4 billion dollars at September 30, generally limited to fixed consideration from contracts with minimum volume commitments, with 2.0 billion dollars of that scheduled for 2027 alone. Another 239 million dollars of unsatisfied obligations sits in the balance sheet, to be recognized generally over the next 19 years. The filing also says a significant portion of future contracted revenue is excluded from the 5.4 billion dollar number.
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STUnusualVolume Nov 3, 4:45 PM
$MPLX is trading at 4.0x its normal volume for this time of day.
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EarningsInsider Nov 3, 3:31 PM
https://www.marketbeat.com/earnings/reports/2026-11-3-mplx-lp-stock/ $MPLX Mplx Earnings Transcript
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shoc24 Nov 3, 2:16 PM
$MPLX reported earnings this morning before the open and beat EPS estimates: $1.15 GAAP EPS vs $1.13 expected, according to Stock Meadow.
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StocktwitsEarnings Nov 3, 1:13 PM
$MPLX Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $1.15 down -24.34% YoY • Reported revenue of $3.27B up 10.95% YoY • MPLX said it is positioned to meet global demand for U.S. energy and deliver mid-single digit adjusted EBITDA growth as utilization increases across its system and key growth projects enter service.
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flychicken1991 Nov 3, 11:58 AM
$MPLX MPLX LP Reports Third-Quarter 2026 Financial Results; Announces Increase to Quarterly Distribution of 12.5%. Impact: Positive (80%). The larger cash distribution supports upward pressure on MPLX units by increasing income available to unitholders, while higher leverage and limited coverage constrain that valuation support. Source and what to watch next: https://nimpact.tech/newsimpact/news/0ebe2f79dc98e110/mplx-mplx-lp-reports-third-quarter-2026-financial-results-announces-incr?utm_source=stocktwits&utm_medium=story_url
0 replies