MPLX
MPLX (MPLX)
NYSE
$58.50+$0.09 (+0.15%)
Price as of Aug 21, 2026 7:39 PM EDT
  • $59.2B
    Market Cap
  • 24.46%
    1-Year Change
  • Oil & Gas Midstream
    Industry

Key Performance

More
  • Earnings Score: N/A
  • Momentum Score: 62
  • True Yield: 28
  • Financial Health Score: N/A
TradeSmith Loading

Latest Research & News

Why MPLX Stock Is Suddenly Trending on Wall Street

MPLX, a midstream operator with dominant positioning in natural gas gathering and processing in the Permian Basin, is trending on Wall Street due to strong Q2 earnings, a 7.2% dividend yield, and analyst upgrades. The company increased 2026 spending plans to $2.9 billion to capitalize on growing demand for natural gas and NGL infrastructure, with expected 12.5% dividend growth through 2027. U.S. natural gas demand is projected to increase 15% through 2030, supported by LNG and data center needs.

08/20/2026, 9:30 PMThe Motley Fool

This High-Yield Pipeline Stock Could Pay You $700 a Year on a $10,000 Investment

The Global X MLP ETF offers a 7% dividend yield, potentially generating $700 annually on a $10,000 investment. Rising demand for natural gas to power AI data centers is driving investment in Master Limited Partnerships (MLPs) and pipeline companies, with potential for both dividend income and capital appreciation as hyperscalers increase gas consumption.

08/11/2026, 3:05 AMThe Motley Fool

3 Midstream Stocks Quietly Compounding Dividends Every Year

Three midstream energy companies—Enbridge, Enterprise Products Partners, and MPLX—offer attractive dividend yields and strong compounding potential. Operating as 'energy tollbooths' with stable cash flows, these stocks have demonstrated consistent dividend/distribution growth over decades, making them suitable for passive income investors seeking long-term capital appreciation.

08/05/2026, 12:05 PMThe Motley Fool

Want Durable Dividend Income That Can Last for Decades? Buy This Stock and Never Look Back.

MPLX LP, a midstream pipeline operator, is highlighted as an attractive dividend stock with a 7.3% yield and a track record of consistent payout growth. The company benefits from long-term contracts with Marathon Petroleum, strategic acquisitions in the Permian and Marcellus regions, and exposure to growing natural gas liquids markets. With strong free cash flow generation and a sustainable dividend coverage ratio, MPLX is positioned for long-term dividend growth targeting 12.5% annually through 2027.

07/06/2026, 7:05 PMThe Motley Fool

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

Peers

Statistics

More
Day Range
$57.65
$58.95
$58.41
1-Year Range
$47.80
$60.51
$58.41
Latest Close$58.41
Change
-$0.19 (-0.33%)
Volume1,713,947
Market Cap$59.2B
Shares Outstanding1.0B
P/E (TTM)12.45
Diluted EPS (TTM)$4.69
Enterprise Value$83.8B

Information as of 08/21/2026

Company Profile

$59.2B
Market Cap
$4.8B
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 Funds7.2B (62.04%)
  • Institutions4.4B (37.94%)
  • Insiders3.2M (0.03%)
  • Other0 (0.00%)