MPLX
MPLX (MPLX)
NYSE
$57.67+$0.77 (+1.35%)
Price as of Jun 23, 2026 4:53 PM EDT
  • $57.7B
    Market Cap
  • 20.38%
    1-Year Change
  • Oil & Gas Midstream
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 92
  • True Yield: 29
  • Financial Health Score: N/A
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Latest Research & News

Pipeline Stock Face-Off: Is Enbridge or Oneok the Better Buy Right Now?

Enbridge and Oneok are compared as top pipeline stocks with strong dividend track records and stable cash flows. Both companies are investing in expansion projects to support future dividend growth. Enbridge is recommended as the better buy due to its higher dividend yield (4.90% vs 4.64%), larger project backlog ($26.5 billion secured through 2030), faster expected cash flow growth (5% annually), and potential for higher total returns.

06/13/2026, 2:15 PMThe Motley Fool

The Best High-Yield Dividend Stocks to Buy With $1,000 in June

The article recommends three high-yield dividend stocks as defensive investments amid potential market weakness: Realty Income (O), a REIT with strong tenants and 28 years of consecutive dividend increases; MPLX, a pipeline operator with stable revenues independent of oil prices; and Brookfield Asset Management (BAM), a fee-based asset manager with rapidly growing dividends focused on infrastructure and renewable energy.

06/03/2026, 4:02 PMThe Motley Fool

4 Dividend Energy Stocks to Buy Right Now

Four energy companies—Enbridge, Enterprise Products Partners, Energy Transfer, and MPLX—are positioned to benefit from increased power demand driven by AI data centers. All four offer dividend yields above 5%, with Enbridge and Enterprise Products Partners having strong track records of consecutive dividend increases. The companies are leveraging their pipeline infrastructure and natural gas assets to serve growing tech company demands.

05/17/2026, 10:30 AMThe Motley Fool

3 Pipeline Stocks With Sky-High Yields to Buy Now and Never Sell

The article highlights three master limited partnerships (MLPs) in the pipeline sector offering attractive high dividend yields: Enterprise Products Partners (6% yield, 27-year distribution increase streak), Energy Transfer (7.1% yield, targeting 3-5% annual growth), and MPLX (7.7% yield, 11.6% compound annual growth since 2022). All three companies demonstrate strong financial positions with stable cash flows, solid coverage ratios, and ongoing expansion projects, making them suitable for long-term income-focused investors.

04/21/2026, 11:31 AMThe Motley Fool

3 Under‑the‑Radar Energy Stocks Quietly Benefiting From Trump's Push to Reshore Supply Chains

The Trump administration's focus on boosting domestic energy production presents opportunities for energy investors. Three stocks are highlighted as beneficiaries: EOG Resources, an exploration and production leader with 97% U.S. operations and a strong dividend history; Kinder Morgan, a major pipeline infrastructure company with $10 billion in growth projects; and MPLX, a midstream company with significant expansion plans and a high dividend yield of 7.9%.

04/18/2026, 8:30 PMThe Motley Fool

1 Pipeline Stock Paying a 7.3% Dividend While Oil Goes Haywire

MPLX, a master limited partnership operating midstream energy infrastructure, offers a 7.3% dividend yield with stable cash flows insulated from volatile oil prices. The company generates $5.8 billion in annual cash flow, covers its distribution 1.4 times over, and has multiple expansion projects under construction expected to drive mid-single-digit earnings growth through the decade.

03/27/2026, 7:15 AMThe Motley Fool

MPLX Is Down 1% Since the Iran Conflict. 2 Things Investors Need to Know.

Despite oil prices surging to nearly $100/barrel following the Iran conflict, MPLX has declined 1% because it operates a volume-based logistics business with limited direct commodity price exposure. Higher oil prices could actually reduce volumes flowing through its crude infrastructure. The company's primary growth driver is natural gas and NGL services, not crude oil, making it better suited as a durable income investment yielding 7%+ rather than a play on rising oil prices.

03/16/2026, 2:03 AMThe Motley Fool

3 High-Yield Pipeline Stocks to Buy Now and Hold Forever

The article recommends three master limited partnership (MLP) pipeline stocks as strong long-term income investments: Energy Transfer (ET), Hess Midstream (HESM), and MPLX. These companies offer high dividend yields (7-8%), stable revenue streams, and consistent distribution growth, benefiting from rising natural gas demand driven by AI data center expansion.

03/13/2026, 12:15 AMThe Motley Fool

6 Energy Stocks That Pay Us Up to 14.8% - Middle East Chaos or Not

The article recommends six energy infrastructure and royalty companies offering high distribution yields (6.1%-14.8%), positioning them as reliable income sources regardless of oil price volatility. The author favors 'toll taker' pipeline companies that collect fees based on throughput rather than commodity prices, while also highlighting an MLP ETF as a tax-efficient alternative.

02/27/2026, 6:33 AMInvesting

You Can Confidently Buy and Hold This Nearly 8%-Yielding Dividend Stock Through the End of the Decade

MPLX, a master limited partnership in the pipeline sector, offers a nearly 8% dividend yield with a strong financial profile and visible growth through 2029. The company generated $5.8 billion in distributable cash flow, covering its distribution 1.4 times over, and invested $5.5 billion in growth projects including acquisitions and expansion initiatives. With a leverage ratio of 3.7x and multiple projects coming online through 2029, MPLX is positioned to continue increasing its distribution at mid-single-digit rates.

02/04/2026, 10:06 AMThe Motley Fool

My 5 Favorite Ultra-High-Yield Dividend Stocks to Buy for 2026

The article highlights five ultra-high-yield dividend stocks recommended for 2026 income generation. These include energy infrastructure companies and REITs with strong dividend growth histories and yields ranging up to 7.7%. The stocks are positioned as solid investments for building passive income streams, with expectations of continued dividend increases and operational improvements in 2026.

01/31/2026, 9:10 AMThe Motley Fool

MPLX LP Announces Quarterly Distribution

MPLX LP's board of directors declared a quarterly cash distribution of $1.0765 per common unit for Q4 2025, equivalent to $4.31 annualized. The distribution will be paid on February 17, 2026, to unitholders of record as of February 9, 2026. The announcement includes qualified tax notice provisions for non-U.S. investors regarding federal income tax withholding.

01/29/2026, 11:05 AMBenzinga

Here's My Largest Dividend Stock Investment Right Now

Matt Frankel discusses his largest dividend stock position in Realty Income (O), expressing strong confidence in it as a long-term investment. His colleague Tyler Crowe highlights MPLX as his top dividend stock pick. Both stocks are presented as attractive dividend investments for investors seeking regular income.

01/24/2026, 1:11 PMThe Motley Fool

Here's How Many Shares of MPLX You'd Need for $1,000 in Yearly Dividends

MPLX, a master limited partnership in the energy midstream sector, offers a 7.7% distribution yield significantly higher than the S&P 500's 1.1%. Investors would need 232 units (approximately $13,000) to generate $1,000 in annual distribution income. The company maintains stable cash flows backed by long-term contracts, conservative leverage ratios, and has increased distributions annually since 2012, including an 11.6% compound annual growth rate since 2022.

01/17/2026, 1:15 PMThe Motley Fool

2 Brilliant Ultra High-Yield Pipeline Stocks to Buy Now and Hold for the Long Term

The article recommends two midstream master limited partnerships (MLPs) for income-focused investors: Western Midstream Partners (WES) with a 9.2% yield and strong balance sheet, expanding into produced water disposal; and MPLX with a 7.33% yield and impressive 10%+ annual distribution growth. Both companies have well-covered distributions, solid leverage ratios, and attractive valuations for long-term dividend investors.

01/05/2026, 6:27 PMThe Motley Fool

Peers

Statistics

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Day Range
$56.28
$57.32
$56.90
1-Year Range
$47.80
$59.17
$56.90
Latest Close$56.90
Change
+$0.06 (+0.11%)
Volume1,541,175
Market Cap$57.7B
Shares Outstanding1.0B
P/E (TTM)12.22
Diluted EPS (TTM)$4.66
Enterprise Value$81.9B

Information as of 06/22/2026

Company Profile

$57.7B
Market Cap
$4.7B
Net Income
Sector: Energy
Industry: Oil & Gas Midstream
200 East Hardin Street, Findlay, OH, United States, 45840-3229
419 422 2121

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, it operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Key Executives

  • Maryann T. Mannen
  • Molly R. Benson
  • Gregory Scott Floerke
  • Shawn Lyon
  • Carl Kristopher Hagedorn

Current Ownership Distribution

  • Mutual Funds6.4B (60.27%)
  • Institutions4.2B (39.70%)
  • Insiders3.2M (0.03%)
  • Other0 (0.00%)