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MPLX Lp (MPLX) Stock

Energy · Oil & Gas Midstream · US
$56.77 +0.11%
Last updated Nov 12, 2026 09:30 UTC

MPLX Key Statistics

Market Cap$57.56B
P/E (TTM)13.26
P/S (TTM)4.36
P/B (TTM)4.03
Revenue (TTM)$13.21B
EPS (TTM)$4.28
Dividend Yield7.07%
ROE (TTM)30.86%
Net Margin32.91%
Gross Margin50.81%
52W High$60.95
52W Low$50.22
Analyst ViewBuy
Price Target$64.00
Employees5,762
Volume1,294,070

About MPLX Lp

MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids. It also handles the collection, storage, transportation, and distribution of crude oil, refined products, and other hydrocarbon-based goods, including the sale of residue gas and condensate. Furthermore, the company manages inland marine businesses, focusing on the transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks within the Mid-Continent and Gulf Coast regions, utilizing its owned and third-party chartered boats and barges, and maintaining a marine repair facility on the Ohio River. Complementing these activities, MPLX oversees fuel distribution, refining logistics, terminals, rail facilities, and storage caverns, and operates specialized terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through various modes including pipeline, rail, marine, and over-the-road transport.

CEO: Maryann T. Mannen. Company website

MPLX — Frequently Asked Questions

What is the MPLX stock price today?

MPLX Lp (MPLX) trades at $56.77, up 0.11% on the day, as of Nov 12, 2026 09:30 UTC.

What is MPLX Lp's market cap?

MPLX Lp has a market capitalisation of $57.56B, calculated from the live MPLX share price and shares outstanding.

What is the P/E ratio of MPLX?

MPLX trades at a trailing P/E of 13.26, from earnings per share of $4.28 over the last twelve months.

How much revenue does MPLX Lp make?

MPLX Lp generated revenue of $13.21B over the trailing twelve months, which puts the stock at 4.36 times sales.

Does MPLX pay a dividend?

Yes. MPLX Lp pays a dividend yielding 7.07% on the current share price.

What is the 52-week range for MPLX?

MPLX has traded between $50.22 and $60.95 over the past 52 weeks, and the last price is 6.9% below that high.

Is MPLX Lp profitable?

Yes. MPLX Lp keeps 32.91% of revenue as net income over the trailing twelve months.

What is the analyst price target for MPLX?

Wall Street analysts rate MPLX Buy, with an average price target of $64.00, 12.7% above the current price.

What sector is MPLX Lp in?

MPLX Lp is classified under the Energy sector and the Oil & Gas Midstream industry, and is domiciled in US.

Who is the CEO of MPLX Lp?

Maryann T. Mannen is the chief executive of MPLX Lp, which employs 5,762 people.

Where can I track MPLX in real time?

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Largest institutional holders of MPLX

ALPS ADVISORS INC 30,463,695 shares
Invesco Ltd. IVZ 18,273,448 shares
Blackstone Inc. BX 12,956,943 shares
GOLDMAN SACHS GROUP INC GS 11,329,340 shares
TORTOISE CAPITAL ADVISORS, L.L.C. 10,500,469 shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 8,011,582 shares
KAYNE ANDERSON CAPITAL ADVISORS LP 5,862,925 shares
Energy Income Partners, LLC 5,380,295 shares
MORGAN STANLEY MS 5,275,829 shares
CHICKASAW CAPITAL MANAGEMENT LLC 5,212,185 shares

MPLX insiders on other boards

PRU Prudential Financial, Inc. Mannen Maryann T. MPC Marathon Petroleum Corporation Benson Molly R SEI Solaris Energy Infrastructure, Inc. Walker Ray N JR TT Trane Technologies plc Surma John P KOS Kosmos Energy Ltd. Stice J Michael PEG Public Service Enterprise Group Incorporated Surma John P CI Cigna Corporation Hennigan Michael J OC Owens Corning Mannen Maryann T.