MPLXMPLX
About: MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in 2019.
Employees: 5,560
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
152% more call options, than puts
Call options by funds: $283M | Put options by funds: $112M
150% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 24
63% more repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 123
16% more funds holding in top 10
Funds holding in top 10: 25 [Q3] → 29 (+4) [Q4]
5% more funds holding
Funds holding: 497 [Q3] → 524 (+27) [Q4]
1% more capital invested
Capital invested by funds: $10.3B [Q3] → $10.4B (+$128M) [Q4]
1.33% less ownership
Funds ownership: 22.73% [Q3] → 21.4% (-1.33%) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
RBC Capital Elvira Scotto 64% 1-year accuracy 21 / 33 met price target | 15%upside $58 | Outperform Maintained | 17 Mar 2025 |
Barclays Theresa Chen 30% 1-year accuracy 10 / 33 met price target | 9%upside $55 | Overweight Maintained | 14 Mar 2025 |
Morgan Stanley Robert Kad 53% 1-year accuracy 9 / 17 met price target | 23%upside $62 | Equal-Weight Maintained | 11 Mar 2025 |
Raymond James Justin Jenkins 10% 1-year accuracy 2 / 21 met price target | 19%upside $60 | Outperform Maintained | 6 Feb 2025 |
Wells Fargo Michael Blum 47% 1-year accuracy 17 / 36 met price target | 17%upside $59 | Overweight Maintained | 6 Feb 2025 |
Financial journalist opinion
Based on 22 articles about MPLX published over the past 30 days









