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    MPLX LP (MPLX)

    Official site

    ENERGY • OIL & GAS MIDSTREAM • NYSE

    $59.90
    +0.96 (+1.64%)

    Market Cap: $58.92B

    Last updated: Oct 30, 2026 at 1:26 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    69%(27/39)
    Avg Surprise
    +3.41%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.14
    Range$1.07 - $1.36
    6 analysts
    EPS RevisionsNo revisions (7d)
    0
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$1.23-7.2%
    60d ago$1.11+2.4%
    30d ago$1.17-2.1%
    7d ago$1.15-0.9%
    Current$1.14
    Revenue Consensus
    $3.4B
    Range$3.3B - $3.4B
    5 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.05
    Range$0.83 - $1.47
    7 analysts
    Revenue Consensus
    $3.5B
    Range$3.2B - $3.9B
    8 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.05---
    Sep 26EST
    		-$1.14---
    Jun 26
    Reported Aug 4
    		$1.06$1.04+1.92%Beat+2.9%
    Mar 26
    Reported May 5
    		$0.90$1.08-16.67%Miss-18.2%
    Dec 25
    Reported Feb 3
    		$1.05$1.03+1.94%Beat-1.9%
    Sep 25
    Reported Nov 4
    		$1.52$1.09+39.45%Beat+50.5%
    Jun 25
    Reported Aug 5
    		$1.03$1.08-4.63%Miss-10.4%
    Mar 25
    Reported May 6
    		$1.10$1.15-4.35%Miss+12.2%
    Dec 24
    Reported Feb 4
    		$1.07$1.03+3.88%Beat+10.3%
    Sep 24
    Reported Nov 5
    		$1.01$1.03-1.94%Miss+5.2%
    Jun 24
    Reported Aug 6
    		$1.15$0.99+16.16%Beat+26.4%
    Mar 24
    Reported Apr 30
    		$0.98$0.97+1.03%Beat+7.7%
    Dec 23
    Reported Jan 30
    		$0.97$0.94+3.19%Beat+24.4%
    Sep 23
    Reported Oct 31
    		$0.96$0.93+3.23%Beat+9.1%
    Jun 23
    Reported Aug 1
    		$0.91$0.87+4.60%Beat+9.6%
    Mar 23
    Reported May 2
    		$0.91$0.83+9.64%Beat+16.7%
    Dec 22
    Reported Jan 31
    		$0.78$0.85-8.24%Miss+0.0%
    Sep 22
    Reported Nov 1
    		$0.88$0.83+6.02%Beat+18.9%
    Jun 22
    Reported Aug 2
    		$0.83$0.79+5.06%Beat+18.6%
    Mar 22
    Reported May 3
    		$0.78$0.76+2.63%Beat+16.4%
    Dec 21
    Reported Feb 2
    		$0.78$0.74+5.41%Beat+23.8%
    Sep 21
    Reported Nov 2
    		$0.74$0.70+5.71%Beat+17.5%
    Jun 21
    Reported Aug 4
    		$0.70$0.64+9.38%Beat+20.7%
    Mar 21
    Reported May 4
    		$0.67$0.61+9.84%Beat+4.7%
    Dec 20
    Reported Feb 2
    		$0.63$0.63+0.00%Beat+14.5%
    Sep 20
    Reported Nov 2
    		$0.63$0.58+8.62%Beat+3.3%
    Jun 20
    Reported Aug 3
    		$0.58$0.49+18.37%Beat+5.5%
    Mar 20
    Reported May 5
    		$0.64$0.54+18.52%Beat+4.9%
    Dec 19
    Reported Jan 29
    		$0.55$0.61-9.84%Miss-8.3%
    Sep 19
    Reported Oct 31
    		$0.61$0.65-6.15%Miss-1.6%
    Jun 19
    Reported Aug 1
    		$0.55$0.64-14.06%Miss+0.0%
    Mar 19
    Reported May 8
    		$0.61$0.58+5.17%Beat+0.0%
    Dec 18
    Reported Feb 7
    		$0.60$0.66-9.09%Miss+93.5%
    Sep 18
    Reported Nov 1
    		$0.62$0.58+6.90%Beat+113.8%
    Jun 18
    Reported Jul 26
    		$0.55$0.56-1.79%Miss+111.5%
    Mar 18
    Reported Apr 30
    		$0.61$0.45+35.56%Beat+221.1%
    Dec 17
    Reported Feb 1
    		$0.31$0.35-11.43%Miss+82.4%
    Sep 17
    Reported Oct 26
    		$0.29$0.28+3.57%Beat-
    Jun 17
    Reported Jul 27
    		$0.26$0.22+18.18%Beat-
    Mar 17
    Reported Apr 27
    		$0.19$0.19+0.00%Beat-
    Dec 16
    Reported Feb 1
    		$0.17$0.22-22.73%Miss-

    Dividends

    Dividend Metrics

    Forward Yield7.19%
    Forward Annual Dividend$4.31
    Payout Ratio73.14%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+11.85%
    5Y CAGR+7.49%
    MPLX dividend history and ex-dividend datesRun MPLX in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio13.22EV/EBITDA11.65x
    Price/FCF18.22xFCF Yield5.49%
    Profitability
    Profit Margin39.30%Operating Margin38.30%
    ROE33.70%ROIC11.70%
    Financial Health
    Debt/Equity1.83xInterest Coverage5.34x
    Current Ratio0.89xQuick Ratio0.83x
    Trading Statistics
    Beta0.48Avg Volume1.23M
    52-Week High$60.3952-Week Low$46.50

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$58.61
    SMA 20$57.83
    SMA 50$58.34
    SMA 200$56.18
    EMA 10$58.60
    EMA 20$58.24
    EMA 50$58.03
    EMA 200$55.87

    MACD

    Line: 0.31Signal: 0.06Hist: 0.25

    ADX

    ADX: 19.3+DI: 21.7-DI: 16.9

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down20.0
    PSAR$57.51

    Bollinger Bands

    Upper Band$59.72
    Lower Band$55.94
    %B Position654%(Upper)
    Band Width1.05

    RSI (14-Day)

    Neutral
    62.4

    Momentum Oscillators

    Stoch %K83.6
    Stoch %D81.4
    Williams %R-5.1
    ROC (10d)4.9%
    Momentum2.77
    CCI (20d)189.4
    MFI (14d)76.4

    Volatility Measures

    ATR (14d)$1.03(1.7%)
    StdDev (20d)0.94
    Hist Vol16.8%(Low)

    Volume Flow

    VWAP$59.80
    OBV7.9M
    AD Line-2.8B
    CMF (20d)0.259

    Volume Metrics

    Avg Vol (20d)1.2M
    Vol Ratio0.9x
    VWMA (20d)$57.80

    Pivot Points

    R3$60.00
    R2$59.48
    R1$59.21
    Pivot Point$58.69
    S1$58.42
    S2$57.90
    S3$57.63

    Advanced Oscillators

    TSI8.62
    Ultimate Osc68.1
    KST4.43

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$3.31B$3.04B$3.25B$3.62B$3.00B$3.12B$3.06B$2.97B$3.05B$2.85B$2.97B$2.91B
    Cost of Revenue$1.02B$914.00M$2.04B$1.31B$1.25B$898.00M$2.42B$832.00M$789.00M$764.00M$2.23B$1.31B
    Gross Profit$2.29B$2.12B$1.22B$2.31B$1.76B$2.23B$644.00M$2.14B$2.26B$2.08B$737.00M$1.60B
    Operating Expenses$912.00M$910.00M$-266,000,000$508.00M$463.00M$860.00M$-699,000,000$865.00M$844.00M$831.00M$-638,000,000$447.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$108.00M$114.00M$101.00M$126.00M$107.00M$112.00M$104.00M$107.00M$107.00M$109.00M$99.00M$102.00M
    Operating Income$1.38B$1.21B$1.48B$1.80B$1.29B$1.37B$1.34B$1.27B$1.42B$1.25B$1.38B$1.15B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$289.00M$291.00M$277.00M$243.00M$234.00M$229.00M$229.00M$226.00M$231.00M$235.00M$222.00M$225.00M
    Income Before Tax$1.09B$923.00M$1.21B$1.56B$1.06B$1.14B$1.11B$1.05B$1.19B$1.02B$1.15B$929.00M
    Income Tax Expense$2.00M$1.00M$0$3.00M$1.00M$1.00M$0$2.00M$2.00M$1.00M$9.00M$1.00M
    Net Income$1.09B$922.00M$1.20B$1.55B$1.06B$1.14B$1.11B$1.05B$1.19B$1.01B$1.14B$928.00M
    EBITDA$1.75B$1.58B$1.84B$2.15B$1.62B$1.70B$1.68B$1.61B$1.75B$1.58B$1.69B$1.47B
    EBIT$1.38B$1.21B$1.48B$1.80B$1.29B$1.37B$1.34B$1.27B$1.42B$1.25B$1.38B$1.15B
    * Some calculated fields are derived from available data when not provided by source

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    News

    MPLX LP (MPLX) Rises As Market Takes a Dip: Key Facts

    MPLX LP (MPLX) saw its stock rise by 1.63% to $59.89, outperforming the broader market which experienced a dip. The company is set to release its earnings on November 3, 2026...

    Yahoo Finance Singapore•10/29/26•Neutral

    MPLX Appoints Micheal Dunn and Bruce Niemeyer to Board of Directors

    MPLX LP (NYSE: MPLX) has appointed Micheal G. Dunn and Bruce L. Niemeyer to the board of directors of its general partner, MPLX GP LLC, effective November 1...

    citybiz•10/29/26•Bullish

    MPLX LP adds two directors with energy industry backgrounds

    MPLX LP announced the election of Micheal G. Dunn and Bruce L. Niemeyer to the board of directors of MPLX GP LLC, effective November 1, 2026...

    StreetInsider•10/29/26•Bullish

    Gear Up for MPLX LP (MPLX) Q3 Earnings: Wall Street Estimates for Key Metrics

    Analysts are predicting that MPLX LP (MPLX) will report a 27% year-over-year decline in quarterly earnings to $1.11 per share and a 9% decline in revenues to $3.29 billion for its upcoming Q3 earnings report. Key metric...

    Yahoo Finance•10/29/26•Neutral

    MPLX LP Raises Quarterly Distribution 12.5% to $1.2111 Per Unit

    MPLX LP announced a significant increase in its quarterly cash distribution, raising it by 12.5% to $1.2111 per unit for the third quarter of 2026. This new rate represents an annualized payout of $4.84 per unit...

    www.tokenpost.com•10/28/26•Neutral

    MPLX Valuation and Fair Value

    P/E
    13.2x
    Forward P/E
    12.2x
    EV/EBITDA
    11.7x
    P/FCF
    18.2x
    PEG
    3.1x
    P/B
    4.3x
    See GNG's fair value

    MPLX Profitability: Margins, ROIC and FCF

    Gross margin
    60.1%
    Operating margin
    38.3%
    Net margin
    39.3%
    ROIC
    11.7%
    ROE
    33.7%
    FCF yield
    5.5%

    MPLX Competitors

    CompanyTicker
    Cenovus Energy IncCVE
    Diamondback Energy IncFANG
    ONEOK IncOKE
    Devon Energy CorporationDVN
    Cheniere Energy IncLNG
    Baker Hughes CoBKR
    Occidental Petroleum CorporationOXY
    Woodside Energy Group LtdWDS

    Sector: Energy

    MPLX Analyst Ratings

    Consensus
    Hold
    Analysts
    15
    Strong Buy
    2
    Buy
    4
    Hold
    8
    Sell
    0
    Strong Sell
    1

    MPLX Bull Case vs Bear Case

    Bull case

    • MPLX has a 39.3% net profit margin.
    • MPLX grew quarterly revenue 10.6% year over year.

    MPLX Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    2.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.14
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 2 down

    MPLX Dividend

    Forward yield
    7.2%
    Payout ratio
    73.1%
    3Y DPS growth
    11.9%
    5Y DPS growth
    7.5%
    Pay months
    Feb, May, Aug, Nov
    MPLX dividend history

    Frequently Asked Questions About MPLX

    What is MPLX's current dividend yield?

    MPLX LP (MPLX) has a forward dividend yield of 7.19%.

    Does MPLX pay dividends?

    Yes, MPLX LP pays dividends with a forward dividend yield of 7.19%.

    What is MPLX's P/E ratio?

    MPLX LP has a price-to-earnings (P/E) ratio of 13.22.

    What is MPLX's market cap?

    MPLX LP (MPLX) has a market capitalization of $58.92B with a current stock price of $59.90.

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