MPLX
MPLX (MPLX)
NYSE
$57.13+$0.54 (+0.95%)
Price as of Nov 13, 2026 12:57 PM EST
  • $57.3B
    Market Cap
  • 17.81%
    1-Year Change
  • Oil & Gas Midstream
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 31
  • True Yield: 23
  • Financial Health Score: N/A
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Latest Research & News

Enterprise Raised Its Distribution by 2.8%. MPLX Raised Its by 12.5%. Here's What's Behind the Gap.

Enterprise Products Partners and MPLX both raised their distributions in 2026, but with vastly different approaches. Enterprise's conservative 2.8% increase reflects its commitment to financial stability and 28-year track record of uninterrupted payouts, while MPLX's aggressive 12.5% increase is driven by AI-driven natural gas demand and contracted revenue growth. Both strategies offer complementary benefits for income investors seeking different risk-return profiles.

11/10/2026, 4:44 AM • The Motley Fool

Alerian MLP ETF vs. iShares Global Clean Energy ETF: Alerian MLP ETF vs. iShares Global Clean Energy ETF: Oil Prices Are Rising, but Which Energy ETF Offers More Upside?

The article compares two energy ETFs with different strategies: Alerian MLP ETF focuses on traditional energy infrastructure with a concentrated portfolio and high 7.6% yield, while iShares Global Clean Energy ETF offers broader diversification across 100+ renewable energy companies with lower costs. The author recommends Alerian as the better long-term investment due to energy security concerns, reliable infrastructure, and strong distributions, though clean energy remains a growth opportunity despite profitability challenges.

11/02/2026, 3:00 PM • The Motley Fool

MPLX Reports Earnings on Nov. 3, 2026. Here's What Investors Should Be Watching.

MPLX will report Q3 earnings on Nov. 3, 2026, with management expecting stronger results than Q2's $1.8 billion adjusted EBITDA due to new project completions. The company recently raised its distribution by 12.5% to over 8% yield, but investors should monitor whether adjusted EBITDA reaches ~$1.85 billion and distribution coverage maintains the 1.3x target to validate its growth investments.

11/01/2026, 4:08 PM • The Motley Fool

Ranking 3 Top Pipeline Stocks by Growth Prospects: Energy Transfer, Enterprise Products, and MPLX

Three midstream pipeline stocks—Enterprise Products Partners, Energy Transfer, and MPLX—are compared for growth prospects. Enterprise offers the most stability with a strong balance sheet and 28 consecutive years of distribution increases, but modest growth. Energy Transfer ranks second with AI-driven natural gas contracts and 3-5% annual distribution growth targets. MPLX takes the top spot with aggressive 12.5% distribution growth targets for 2026-2027 and a higher yield of 8.2%, making it the best choice for growth-focused investors.

11/01/2026, 5:34 AM • The Motley Fool

MPLX Stock Pays a Hefty 7.4% Dividend Yield. Here's How Much $10,000 Generates in Passive Income Each Year.

MPLX LP, a midstream energy company, offers a 7.4% dividend yield, generating $740 annually on a $10,000 investment. The company has increased its dividend for 19 consecutive years, with payouts growing from $2.04 per share in 2016 to $4.31 currently. MPLX has delivered strong stock performance averaging 10.9% annually over 10 years, though it trades at a slightly elevated valuation with a forward P/E of 12. As an MLP, investors must handle additional K-1 tax forms.

10/24/2026, 11:34 AM • The Motley Fool

3 High-Yield Energy Stocks to Load Up on This October (1 Yields Over 7.5%)

The article recommends three midstream energy pipeline stocks for income investors seeking high yields: Enterprise Products Partners (6.3% yield, 28-year distribution growth record), Energy Transfer (6.8% yield, diversified operations), and MPLX (7.5% yield, aggressive distribution growth). All three benefit from AI data center demand driving natural gas consumption and offer reliable, growing distributions with strong coverage ratios.

10/18/2026, 4:44 AM • The Motley Fool

The Pipeline Stock Wall Street Forgot Could Still Pay You $500 a Month. But There's a Catch.

MPLX, a midstream pipeline company with a 7.6% dividend yield, requires a substantial $78,375 investment to generate $500 monthly income. While the high dividend is attractive, the stock's appeal is tempered by the large capital requirement needed. However, MPLX's consistent dividend growth trajectory—12.5% increases for two consecutive years with plans through 2027—and strong distributable cash flow provide a more optimistic long-term outlook for dividend investors.

10/13/2026, 7:31 AM • The Motley Fool

Got $10,000 to Invest This September? These Energy Stocks Could Turn It Into $639 in Annual Income.

The article recommends three midstream energy MLPs for income investors: MPLX LP (7.2% yield), Energy Transfer LP (6.3% yield), and Enterprise Products Partners LP (5.7% yield). Equal $3,333 investments in each would generate approximately $639 in annual income. All three companies have strong distribution coverage and consecutive years of distribution increases, with growth drivers including pipeline expansions and data center demand.

09/06/2026, 4:35 AM • The Motley Fool

Got $10,000 to Invest This September? These Energy Stocks Could Turn It Into Over $600 in Annual Income.

Energy Transfer (ET) and MPLX are recommended as reliable income-generating midstream pipeline companies for September investment. Both MLPs offer high dividend yields (6.4% and 7.3% respectively) that are well-supported by their distributable cash flow, trade at attractive valuations, and are insulated from volatile commodity prices due to their 'toll road' business model.

09/01/2026, 2:30 PM • The Motley Fool

Is This "Boring" Pipeline Stock a Bargain, or Is the 7.4% Yield a Warning Sign? An Honest Look.

MPLX, an oil and gas pipeline company organized as a master limited partnership, offers an attractive 7.4% dividend yield and a P/E ratio under 13. While the high yield reflects the company's income-focused business model with limited growth prospects, the main drawback is its MLP structure, which creates additional tax-filing complexity. Despite this burden, the strong dividend yield may justify the investment for income-focused investors.

08/28/2026, 3:30 PM • The Motley Fool

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 PM • The 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 AM • The 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 PM • The 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 PM • The 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 PM • The Motley Fool

Peers

Statistics

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Day Range
$56.45
$57.25
$56.59
1-Year Range
$51.95
$60.51
$56.59
Latest Close$56.59
Change
-$0.18 (-0.32%)
Volume1,918,219
Market Cap$57.3B
Shares Outstanding1.0B
P/E (TTM)13.10
Diluted EPS (TTM)$4.32
Enterprise Value$82.6B

Information as of 11/12/2026

Company Profile

$57.3B
Market Cap
$4.4B
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 Funds7.9B (63.68%)
  • Institutions4.5B (36.29%)
  • Insiders3.2M (0.03%)
  • Other0 (0.00%)