MPLX — MPLX LP

NYSE · Unknown · Unknown · CIK 1552000 ·
Last close
$59.94
Market Cap
$60.82B
52W High
$60.16
52W Low
$52.98
ADV30
1,532,854
Next earnings
2026-11-03
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.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026 3,082,000,000 1,290,000,000 1,198,000,000 1,077,000,000 42,969,000,000 1,031,000,000 28,717,000,000
Mar 2026 2,806,000,000 1,132,000,000 1,032,000,000 912,000,000 42,933,000,000 1,506,000,000 28,636,000,000
Dec 2025 2,894,000,000 1,262,000,000 1,328,000,000 1,193,000,000 43,005,000,000 2,137,000,000 28,477,000,000
Sep 2025 2,905,000,000 1,249,000,000 1,131,000,000 1,545,000,000 43,227,000,000 1,765,000,000 28,703,000,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$5,976,000,000
Investing CF
$-5,472,000,000
Financing CF
$-859,000,000
CapEx
$-2,640,000,000
Dividends Paid
$-4,255,000,000
Buybacks
$-300,000,000
EPS Diluted TTM
$4.65
As of
2026-08-09

Balance + Analyst (yfinance extras)

Retained Earnings
Inventory
$200,000,000
Receivables
$1,593,000,000
ST Investments
EBIT TTM
$5,922,000,000
Pretax Income TTM
$4,776,000,000
Interest Exp TTM
$1,146,000,000
Analysts
13

Yahoo Snapshot (yfinance, live)

Total Revenue
$12,033,999,872
EBITDA
$6,112,999,936
Free Cash Flow
$1,366,375,040
Enterprise Value
$86,097,666,048
Total Cash
$1,031,000,000
Total Debt
$26,133,000,192
Shares Out
1,014,733,719
Trailing EPS
$4.70
Book Value
$14.08
ROE
33.7%
ROA
7.3%
Div Yield
7.26%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 11,474,000,000 4,762,000,000 4,912,000,000 43,005,000,000 28,477,000,000 5,909,000,000
Dec 2024 10,904,000,000 4,466,000,000 4,317,000,000 37,511,000,000 23,501,000,000 5,946,000,000
Dec 2023 10,434,000,000 4,208,000,000 3,928,000,000 36,529,000,000 22,945,000,000 5,397,000,000
Dec 2022 10,541,000,000 4,435,000,000 3,944,000,000 35,665,000,000 22,151,000,000 5,019,000,000

TTM Snapshot

Revenues TTM
$11,844,000,000
NetIncome TTM
$4,154,000,000
OpCashFlow TTM
$0
Assets (Latest)
$37,511,000,000
Forward EPS
$4.80

Max Pain — expiry 2026-08-21

max pain strike: $60.00 · spot: $58.82 · call oi: 3,421 · put oi: 2,585
Expected Move to 2026-08-21: ±$1.30 (2.21%) — implied range $57.52$60.12 · ATM straddle on $60.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
KEYS Keysight Technologies, Inc. $60.58B $354.50
GRMN GARMIN LTD $59.78B $309.98
AME AMETEK INC/ $59.25B $258.52
TER TERADYNE, INC $62.96B $402.74
LSEGY London Stock Exchange Group plc $57.24B $29.48

News headlines (Yahoo Finance, 1h cache)

Zacks Industry Outlook Highlights Kinder Morgan, Williams Companies and MPLX
2026-08-13 13:01 · Yahoo
3 Oil & Gas Pipeline Stocks to Weather Industry Headwinds
2026-08-12 14:00 · Yahoo
MPLX (MPLX) Completes $2 Billion Debt Offering And Eyes More Acquisitions
2026-08-11 23:17 · Yahoo
MPLX LP prices $2.25 billion senior notes offering
2026-08-10 22:10 · Yahoo
Marathon Petroleum Q2 Earnings Beat on Strong Refining Margins
2026-08-10 14:24 · Yahoo
Is MPLX Worth Buying as Growth Projects Meet Higher Capital Risks?
2026-08-10 13:05 · Yahoo
WTI Q2 Earnings Beat Estimates on Strong Oil Pricing & Cost Control
2026-08-07 13:55 · Yahoo
Midstream Energy Player MPLX Offers Robust 7.2% Yield
2026-08-06 12:00 · Yahoo
3 Midstream Stocks Quietly Compounding Dividends Every Year
2026-08-05 16:25 · Yahoo
MPLX Q2 Earnings & Revenues Beat Estimates on Gas & NGL Volume Growth
2026-08-05 12:27 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.