MPLX

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About MPLX

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Crude Oil and Products Logistics and Natural Gas and NGL Services segments.

CEO

Maryann T. Mannen

CEOMaryann T. Mannen

Employees

5,762

Employees5,762

Headquarters

Findlay, Ohio

HeadquartersFindlay, Ohio

Founded

2012

Founded2012

Employees

5,762

Employees5,762

MPLX Key Statistics

Market cap

61.80B

Market cap61.80B

Price-Earnings ratio

12.78

Price-Earnings ratio12.78

Dividend yield

7.11%

Dividend yield7.11%

Average volume

1.80M

Average volume1.80M

High today

$60.78

High today$60.78

Low today

$59.24

Low today$59.24

Open price

$60.76

Open price$60.76

Volume

2.00M

Volume2.00M

52 Week high

$60.78

52 Week high$60.78

52 Week low

$47.80

52 Week low$47.80

MPLX News

TipRanks 13h

MPLX price target raised to $63 from $61 at Wells Fargo

Wells Fargo analyst Praneeth Satish raised the firm’s price target on MPLX (MPLX) to $63 from $61 and keeps an Overweight rating on the shares. The firm notes t...

Benzinga 1d

Marathon Petroleum Crushes Q2 As Refining Boom Fuels Massive Earnings Beat

Marathon Petroleum Corp. (NYSE:MPC) shares are trading higher on Tuesday after the company reported second-quarter 2026 earnings results. Earnings Snapshot Adju...

Simply Wall St 5d

Does MPLX's Reaffirmed 2026 Payout Reveal Its True Capital Allocation Priorities?

MPLX LP’s general partner recently declared a past second-quarter 2026 quarterly cash distribution of US$1.0765 per common unit, or US$4.31 on an annualized bas...

Analyst ratings

53%

of 15 ratings

Buy

40%

Hold

53.3%

Sell

6.7%

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