50.57 USD
+0.35
0.70%
At close Apr 17, 4:00 PM EDT
After hours
51.00
+0.43
0.85%
1 day
0.70%
5 days
6.46%
1 month
-7.47%
3 months
-1.13%
6 months
14.10%
Year to date
3.97%
1 year
26.46%
5 years
259.93%
10 years
-32.83%
 

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

0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 5 analysts

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

Low target
$55
9%
upside
Avg. target
$59
16%
upside
High target
$62
23%
upside

5 analyst ratings

positive
80%
neutral
20%
negative
0%
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

Neutral
Zacks Investment Research
1 day ago
MPLX LP (MPLX) Rises As Market Takes a Dip: Key Facts
MPLX LP (MPLX) closed at $50.22 in the latest trading session, marking a +0.18% move from the prior day.
MPLX LP (MPLX) Rises As Market Takes a Dip: Key Facts
Positive
Seeking Alpha
1 day ago
MPLX Is A Strong Income Investment With Large Distributions And Growth
MPLX has grown its Adjusted EBITDA and DCF by more than a 6.5% CAGR over the past 3 years which is leading to more growth opportunities. MPLX has several growth projects in the pipeline including the development of the Gulf Coast Complex and the BANGL NGL Pipeline that which will be accreditive to earnings. MPLX is operating at a 38.78% profit margin and as the demand for energy increases, MPLX should be able to grow the distribution significantly over the next several years.
MPLX Is A Strong Income Investment With Large Distributions And Growth
Positive
24/7 Wall Street
5 days ago
US Energy Exports Could Rule: 5 Ultra-High-Yield Dividend MLPs Are Passive Income Kings
Over the years, some have considered the energy trade an old-school relic.
US Energy Exports Could Rule: 5 Ultra-High-Yield Dividend MLPs Are Passive Income Kings
Positive
Seeking Alpha
1 week ago
Bargain Yields: 3 Rock-Solid Dividends From 2 REITs And An MLP
Markets are volatile, driven by uncertainty. Fake news, tariffs and recession fears fuel swings. Even experts can't call the bottom, so I focus on durable yield. Dividends offer stability when prices crash. Research shows that cash flow eases panic. Safe payouts let me sleep at night while markets figure things out. I prefer high-quality stocks. They may not soar overnight, but steady income beats guessing games. In chaos, dividends are my anchor.
Bargain Yields: 3 Rock-Solid Dividends From 2 REITs And An MLP
Positive
Seeking Alpha
1 week ago
A Golden Opportunity For Dividend Investors
These three overlooked dividend giants just went on sale — and could supercharge your early retirement. The recent crash opened a rare window to lock in attractive yields with inflation-beating growth. Don't miss this golden buying moment for long-term income and early financial freedom.
A Golden Opportunity For Dividend Investors
Positive
Seeking Alpha
1 week ago
Dividends Over Drama: Here's What Smart Money Is Buying
The "cash trap" isn't a trap at all. It's a strategic advantage. With trillions in money market funds, many investors are waiting for the right time to deploy capital. In volatile markets, a smart strategy is to buy the dip, especially for those holding cash reserves. Investors should focus on long-term growth, avoiding impulsive moves. Opportunistic plays, including resilient dividend stocks and investment-grade bonds, remain attractive. Even with market uncertainty, there are solid opportunities for growth.
Dividends Over Drama: Here's What Smart Money Is Buying
Positive
Seeking Alpha
1 week ago
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (April 2025)
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. The market is volatile with economic uncertainties, but investing consistently in solid dividend-paying stocks with reasonable valuations is a good idea. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks.
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (April 2025)
Positive
Seeking Alpha
2 weeks ago
A Historic Opportunity For Dividend Investors
These overlooked stocks could be the next big AI winners—and they pay you to wait. Forget Nvidia: This is where the real AI-fueled upside may be hiding. Massive AI gains without the hype—discover income-rich stocks flying under the radar.
A Historic Opportunity For Dividend Investors
Neutral
PRNewsWire
2 weeks ago
TRAVERSE PIPELINE REACHES FINAL INVESTMENT DECISION TO TRANSPORT NATURAL GAS BETWEEN AGUA DULCE AND THE KATY AREA
AUSTIN, Texas , April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB), through the WPC joint venture ("WPC"), have partnered with an affiliate of Targa Resources Corp. (NYSE: TRGP) and have reached final investment decision to move forward with the construction of the Traverse Pipeline, having secured sufficient firm transportation agreements with investment grade shippers. The bi-directional Traverse Pipeline is designed to transport up to 1.75 billion cubic feet per day (Bcf/d) of natural gas through approximately 160 miles of 36-inch pipeline along the Gulf Coast between Agua Dulce in South Texas and the Katy area.
TRAVERSE PIPELINE REACHES FINAL INVESTMENT DECISION TO TRANSPORT NATURAL GAS BETWEEN AGUA DULCE AND THE KATY AREA
Positive
The Motley Fool
2 weeks ago
4 Brilliant Midstream Stocks to Buy Now and Hold for the Long Term
With changing government administrations potentially becoming more favorable to the energy sector and with many of the stocks in that sector trading at a discount to historical valuations, midstream stocks are shaping up to be solid long-term investments right now.
4 Brilliant Midstream Stocks to Buy Now and Hold for the Long Term
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