MPLXP
MPLX LP
Price Chart
No historical data available
Latest Quote
$33.38
| Previous Close | $33.38 |
| Open | $33.38 |
| Day High | $33.38 |
| Day Low | $33.38 |
| Volume | 9,911,013 |
Stock Information
| Total Debt | $20.91B |
| Cash Equivalents | $960.00M |
| Revenue | $10.40B |
| Net Income | $3.49B |
| Sector | Energy |
| Industry | Oil & Gas Midstream |
| P/E Ratio | 11.29 |
| EPS (TTM) | $2.96 |
| Exchange | PNK |
Recent Price History
About MPLX LP
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, 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 sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and 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, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of 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.
đ° Latest News
MPLX Outlines 2026 Growth Plan And M&A Path In Gas And NGLs
Simply Wall St. âĸ 2026-02-05T08:09:28ZMplx Q4 Earnings Call Highlights
MarketBeat âĸ 2026-02-04T06:08:04ZMarathon Petroleum Company Is Ready to Sprint Higher
MarketBeat âĸ 2026-02-03T23:09:00ZMPLX LP (MPLX) Q4 2025 Earnings Call Highlights: Strong EBITDA Growth and Strategic Investments ...
GuruFocus.com âĸ 2026-02-03T21:04:49ZIs MPLX (MPLX) Still Attractive After A 16% One Year Gain?
Simply Wall St. âĸ 2026-01-31T16:07:29ZMPLX Refocuses Portfolio On Core Cash Flow And Distributions
Simply Wall St. âĸ 2026-01-31T14:44:33ZUnveiling MPLX LP (MPLX) Q4 Outlook: Wall Street Estimates for Key Metrics
Zacks âĸ 2026-01-30T14:15:09ZMPLX Gears Up to Report Q4 Earnings: What's in the Cards?
Zacks âĸ 2026-01-29T12:35:00ZJim Cramer on MPLX: âI Think Thatâs a Terrific, Inexpensive Stockâ
Insider Monkey âĸ 2026-01-28T17:52:29ZMPLX LP (MPLX) Exceeds Market Returns: Some Facts to Consider
Zacks âĸ 2026-01-27T23:00:03ZIncome Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $6,087,000,000 | $5,871,000,000 | $6,252,000,000 | $5,520,000,000 |
| Cost Of Revenue | $6,087,000,000 | $5,871,000,000 | $6,252,000,000 | $5,520,000,000 |
| Total Revenue | $10,904,000,000 | $10,434,000,000 | $10,541,000,000 | $9,575,000,000 |
| Operating Revenue | $10,904,000,000 | $10,434,000,000 | $10,541,000,000 | $9,575,000,000 |
| Expenses | ||||
| Interest Expense | $944,000,000 | $897,000,000 | $848,000,000 | $793,000,000 |
| Total Expenses | $6,418,000,000 | $6,134,000,000 | $6,106,000,000 | $5,862,000,000 |
| Other Income Expense | $802,000,000 | $600,000,000 | $476,000,000 | $279,000,000 |
| Net Non Operating Interest Income Expense | $-921,000,000 | $-923,000,000 | $-925,000,000 | $-879,000,000 |
| Total Other Finance Cost | $72,000,000 | $69,000,000 | $81,000,000 | $86,000,000 |
| Interest Expense Non Operating | $944,000,000 | $897,000,000 | $848,000,000 | $793,000,000 |
| Operating Expense | $331,000,000 | $263,000,000 | $-146,000,000 | $342,000,000 |
| Other Operating Expenses | $-227,000,000 | $-247,000,000 | $-596,000,000 | $-131,000,000 |
| General And Administrative Expense | $427,000,000 | $379,000,000 | $335,000,000 | $353,000,000 |
| Other Non Operating Income Expenses | - | $126,000,000 | $485,000,000 | $21,000,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $4,317,000,000 | $3,928,000,000 | $3,944,000,000 | $3,077,000,000 |
| Net Interest Income | $-921,000,000 | $-923,000,000 | $-925,000,000 | $-879,000,000 |
| Interest Income | $95,000,000 | $43,000,000 | $4,000,000 | - |
| Normalized Income | $4,317,000,000 | $3,928,000,000 | $3,944,000,000 | $3,118,986,508 |
| Net Income From Continuing And Discontinued Operation | $4,317,000,000 | $3,928,000,000 | $3,944,000,000 | $3,077,000,000 |
| Total Operating Income As Reported | $5,288,000,000 | $4,900,000,000 | $4,911,000,000 | $3,992,000,000 |
| Net Income Common Stockholders | $4,290,000,000 | $3,829,000,000 | $3,815,000,000 | $2,936,000,000 |
| Net Income | $4,317,000,000 | $3,928,000,000 | $3,944,000,000 | $3,077,000,000 |
| Net Income Including Noncontrolling Interests | $4,357,000,000 | $3,966,000,000 | $3,978,000,000 | $3,112,000,000 |
| Net Income Continuous Operations | $4,357,000,000 | $3,966,000,000 | $3,978,000,000 | $3,112,000,000 |
| Pretax Income | $4,367,000,000 | $3,977,000,000 | $3,986,000,000 | $3,113,000,000 |
| Earnings From Equity Interest | $802,000,000 | $600,000,000 | $476,000,000 | $321,000,000 |
| Interest Income Non Operating | $95,000,000 | $43,000,000 | $4,000,000 | - |
| Operating Income | $4,486,000,000 | $4,300,000,000 | $4,435,000,000 | $3,713,000,000 |
| Gross Profit | $4,817,000,000 | $4,563,000,000 | $4,289,000,000 | $4,055,000,000 |
| Special Income Charges | - | $0 | $0 | $-42,000,000 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $-13,492 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $6,594,000,000 | $6,087,000,000 | $6,064,000,000 | $5,235,000,000 |
| Reconciled Depreciation | $1,283,000,000 | $1,213,000,000 | $1,230,000,000 | $1,287,000,000 |
| EBITDA (Bullshit earnings) | $6,594,000,000 | $6,087,000,000 | $6,064,000,000 | $5,193,000,000 |
| EBIT | $5,311,000,000 | $4,874,000,000 | $4,834,000,000 | $3,906,000,000 |
| Diluted NI Availto Com Stockholders | $4,290,000,000 | $3,829,000,000 | $3,815,000,000 | $2,936,000,000 |
| Preferred Stock Dividends | $27,000,000 | $99,000,000 | $129,000,000 | $141,000,000 |
| Minority Interests | $-40,000,000 | $-38,000,000 | $-34,000,000 | $-35,000,000 |
| Tax Provision | $10,000,000 | $11,000,000 | $8,000,000 | $1,000,000 |
| Other Taxes | $131,000,000 | $131,000,000 | $115,000,000 | $120,000,000 |
| Selling General And Administration | $427,000,000 | $379,000,000 | $335,000,000 | $353,000,000 |
| Other Gand A | $427,000,000 | $379,000,000 | $335,000,000 | $353,000,000 |
| Total Unusual Items | - | $0 | $0 | $-42,000,000 |
| Total Unusual Items Excluding Goodwill | - | $0 | $0 | $-42,000,000 |
| Impairment Of Capital Assets | - | $0 | $0 | $42,000,000 |
| Restructuring And Mergern Acquisition | - | - | $0 | $0 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-8,163,000,000 | $-8,299,000,000 | $-8,350,000,000 | $-8,488,000,000 |
| Total Assets | $37,511,000,000 | $36,529,000,000 | $35,665,000,000 | $35,507,000,000 |
| Total Non Current Assets | $34,235,000,000 | $33,721,000,000 | $33,760,000,000 | $34,000,000,000 |
| Other Non Current Assets | $1,183,000,000 | $1,116,000,000 | $1,046,000,000 | $107,000,000 |
| Non Current Accounts Receivable | $705,000,000 | $808,000,000 | $910,000,000 | $885,000,000 |
| Goodwill And Other Intangible Assets | $8,163,000,000 | $8,299,000,000 | $8,350,000,000 | $8,488,000,000 |
| Other Intangible Assets | $518,000,000 | $654,000,000 | $705,000,000 | $831,000,000 |
| Current Assets | $3,276,000,000 | $2,808,000,000 | $1,905,000,000 | $1,507,000,000 |
| Other Current Assets | $29,000,000 | $30,000,000 | $53,000,000 | $54,000,000 |
| Prepaid Assets | $5,000,000 | $5,000,000 | $5,000,000 | $4,000,000 |
| Inventory | $180,000,000 | $159,000,000 | $148,000,000 | $142,000,000 |
| Receivables | $1,543,000,000 | $1,566,000,000 | $1,461,000,000 | $1,294,000,000 |
| Other Receivables | $204,000,000 | $149,000,000 | $111,000,000 | $82,000,000 |
| Accounts Receivable | $718,000,000 | $823,000,000 | $737,000,000 | $654,000,000 |
| Cash Cash Equivalents And Short Term Investments | $1,519,000,000 | $1,048,000,000 | $238,000,000 | $13,000,000 |
| Cash And Cash Equivalents | $1,519,000,000 | $1,048,000,000 | $238,000,000 | $13,000,000 |
| Assets Held For Sale Current | - | - | - | $0 |
| Debt | ||||
| Net Debt | $19,423,000,000 | $19,377,000,000 | $19,558,000,000 | $18,558,000,000 |
| Total Debt | $21,436,000,000 | $20,914,000,000 | $20,301,000,000 | $19,064,000,000 |
| Long Term Debt And Capital Lease Obligation | $19,696,000,000 | $19,733,000,000 | $19,266,000,000 | $18,505,000,000 |
| Long Term Debt | $19,250,000,000 | $19,291,000,000 | $18,808,000,000 | $18,072,000,000 |
| Current Debt And Capital Lease Obligation | $1,740,000,000 | $1,181,000,000 | $1,035,000,000 | $559,000,000 |
| Current Debt | $1,692,000,000 | $1,134,000,000 | $988,000,000 | $499,000,000 |
| Other Current Borrowings | $1,692,000,000 | $1,134,000,000 | $988,000,000 | $499,000,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $23,501,000,000 | $22,945,000,000 | $22,151,000,000 | $22,490,000,000 |
| Total Non Current Liabilities Net Minority Interest | $20,266,000,000 | $20,321,000,000 | $19,750,000,000 | $19,142,000,000 |
| Other Non Current Liabilities | $125,000,000 | $126,000,000 | $142,000,000 | $170,000,000 |
| Non Current Deferred Liabilities | $445,000,000 | $462,000,000 | $342,000,000 | $467,000,000 |
| Non Current Deferred Taxes Liabilities | $18,000,000 | $16,000,000 | $13,000,000 | $10,000,000 |
| Current Liabilities | $3,235,000,000 | $2,624,000,000 | $2,401,000,000 | $3,348,000,000 |
| Other Current Liabilities | $207,000,000 | $173,000,000 | $166,000,000 | $176,000,000 |
| Current Deferred Liabilities | $106,000,000 | $81,000,000 | $80,000,000 | $77,000,000 |
| Payables And Accrued Expenses | $1,182,000,000 | $1,189,000,000 | $1,120,000,000 | $2,536,000,000 |
| Interest Payable | $244,000,000 | $242,000,000 | $237,000,000 | $202,000,000 |
| Payables | $435,000,000 | $431,000,000 | $486,000,000 | $1,874,000,000 |
| Accounts Payable | $147,000,000 | $153,000,000 | $224,000,000 | $172,000,000 |
| Other Payable | - | - | - | $45,000,000 |
| Equity | ||||
| Common Stock Equity | $13,779,000,000 | $13,349,000,000 | $13,277,000,000 | $12,776,000,000 |
| Total Equity Gross Minority Interest | $14,010,000,000 | $13,584,000,000 | $13,514,000,000 | $13,017,000,000 |
| Stockholders Equity | $0 | $0 | $0 | $0 |
| Gains Losses Not Affecting Retained Earnings | $-3,000,000 | $-4,000,000 | $-8,000,000 | $-17,000,000 |
| Long Term Equity Investment | $4,531,000,000 | $3,743,000,000 | $4,095,000,000 | $3,981,000,000 |
| Other Equity Adjustments | - | $-4,000,000 | $-8,000,000 | $-17,000,000 |
| Other | ||||
| Ordinary Shares Number | $1,017,142,290 | $1,003,498,875 | $1,001,000,000 | $1,016,000,000 |
| Share Issued | $1,017,142,290 | $1,003,498,875 | $1,001,000,000 | $1,016,000,000 |
| Tangible Book Value | $5,616,000,000 | $5,050,000,000 | $4,927,000,000 | $4,288,000,000 |
| Invested Capital | $34,721,000,000 | $33,774,000,000 | $33,073,000,000 | $31,347,000,000 |
| Working Capital | $41,000,000 | $184,000,000 | $-496,000,000 | $-1,841,000,000 |
| Capital Lease Obligations | $494,000,000 | $489,000,000 | $505,000,000 | $493,000,000 |
| Total Capitalization | $33,029,000,000 | $32,640,000,000 | $32,085,000,000 | $30,848,000,000 |
| Minority Interest | $231,000,000 | $235,000,000 | $237,000,000 | $241,000,000 |
| Total Partnership Capital | $13,779,000,000 | $13,349,000,000 | $13,277,000,000 | $12,776,000,000 |
| Limited Partnership Capital | $13,782,000,000 | $13,353,000,000 | $13,285,000,000 | $12,793,000,000 |
| Non Current Deferred Revenue | $427,000,000 | $446,000,000 | $329,000,000 | $457,000,000 |
| Long Term Capital Lease Obligation | $446,000,000 | $442,000,000 | $458,000,000 | $433,000,000 |
| Current Deferred Revenue | $106,000,000 | $81,000,000 | $80,000,000 | $77,000,000 |
| Current Capital Lease Obligation | $48,000,000 | $47,000,000 | $47,000,000 | $60,000,000 |
| Current Accrued Expenses | $747,000,000 | $758,000,000 | $634,000,000 | $662,000,000 |
| Dueto Related Parties Current | $288,000,000 | $278,000,000 | $262,000,000 | $1,702,000,000 |
| Duefrom Related Parties Non Current | $28,000,000 | $19,000,000 | $27,000,000 | $31,000,000 |
| Investments And Advances | $4,531,000,000 | $3,743,000,000 | $4,095,000,000 | $3,981,000,000 |
| Goodwill | $7,645,000,000 | $7,645,000,000 | $7,645,000,000 | $7,657,000,000 |
| Net PPE | $19,653,000,000 | $19,755,000,000 | $19,359,000,000 | $20,539,000,000 |
| Accumulated Depreciation | $-9,250,000,000 | $-8,121,000,000 | $-7,063,000,000 | $-6,504,000,000 |
| Gross PPE | $28,903,000,000 | $27,876,000,000 | $26,422,000,000 | $27,043,000,000 |
| Construction In Progress | $475,000,000 | $540,000,000 | $455,000,000 | $411,000,000 |
| Other Properties | $17,330,000,000 | $16,618,000,000 | $16,090,000,000 | $15,896,000,000 |
| Machinery Furniture Equipment | $8,938,000,000 | $8,584,000,000 | $7,781,000,000 | $8,633,000,000 |
| Land And Improvements | $2,160,000,000 | $2,134,000,000 | $2,096,000,000 | $2,103,000,000 |
| Raw Materials | $180,000,000 | $159,000,000 | $148,000,000 | $142,000,000 |
| Duefrom Related Parties Current | $621,000,000 | $594,000,000 | $613,000,000 | $558,000,000 |
| Preferred Shares Number | - | - | $600,000 | - |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $4,890,000,000 | $4,460,000,000 | $4,213,000,000 | $4,382,000,000 |
| Operating Activities | ||||
| Operating Cash Flow | $5,946,000,000 | $5,397,000,000 | $5,019,000,000 | $4,911,000,000 |
| Cash Flow From Continuing Operating Activities | $5,946,000,000 | $5,397,000,000 | $5,019,000,000 | $4,911,000,000 |
| Operating Gains Losses | $-822,000,000 | $-706,000,000 | $-998,000,000 | $-289,000,000 |
| Investing Activities | ||||
| Capital Expenditure | $-1,056,000,000 | $-937,000,000 | $-806,000,000 | $-529,000,000 |
| Investing Cash Flow | $-1,995,000,000 | $-1,252,000,000 | $-956,000,000 | $-518,000,000 |
| Cash Flow From Continuing Investing Activities | $-1,995,000,000 | $-1,252,000,000 | $-956,000,000 | $-518,000,000 |
| Net Other Investing Changes | $1,000,000 | $26,000,000 | $84,000,000 | $126,000,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-326,000,000 | $-600,000,000 | $-491,000,000 | $-630,000,000 |
| Financing Cash Flow | $-3,480,000,000 | $-3,335,000,000 | $-3,838,000,000 | $-4,395,000,000 |
| Cash Flow From Continuing Financing Activities | $-3,480,000,000 | $-3,335,000,000 | $-3,838,000,000 | $-4,395,000,000 |
| Net Other Financing Charges | $-30,000,000 | $-27,000,000 | $-27,000,000 | $4,000,000 |
| Cash Dividends Paid | $-3,603,000,000 | $-3,296,000,000 | $-3,047,000,000 | $-3,573,000,000 |
| Preferred Stock Dividend Paid | $-44,000,000 | $-115,000,000 | $-126,000,000 | $-141,000,000 |
| Common Stock Dividend Paid | $-3,559,000,000 | $-3,181,000,000 | $-2,921,000,000 | $-3,432,000,000 |
| Net Preferred Stock Issuance | $0 | $-600,000,000 | $0 | $0 |
| Net Common Stock Issuance | $-326,000,000 | $0 | $-491,000,000 | $-630,000,000 |
| Dividend Received Cfo | $826,000,000 | $736,000,000 | $578,000,000 | $508,000,000 |
| Dividends Received Cfi | - | $3,000,000 | $11,000,000 | $36,000,000 |
| Other | ||||
| Repayment Of Debt | $-1,151,000,000 | $-1,001,000,000 | $-6,641,000,000 | $-12,864,000,000 |
| Issuance Of Debt | $1,630,000,000 | $1,589,000,000 | $6,368,000,000 | $12,668,000,000 |
| Interest Paid Supplemental Data | $940,000,000 | $893,000,000 | $813,000,000 | $812,000,000 |
| Income Tax Paid Supplemental Data | $6,000,000 | $7,000,000 | $3,000,000 | $4,000,000 |
| End Cash Position | $1,519,000,000 | $1,048,000,000 | $238,000,000 | $13,000,000 |
| Beginning Cash Position | $1,048,000,000 | $238,000,000 | $13,000,000 | $15,000,000 |
| Changes In Cash | $471,000,000 | $810,000,000 | $225,000,000 | $-2,000,000 |
| Preferred Stock Payments | $0 | $-600,000,000 | $0 | $0 |
| Common Stock Payments | $-326,000,000 | $0 | $-491,000,000 | $-630,000,000 |
| Net Issuance Payments Of Debt | $479,000,000 | $588,000,000 | $-273,000,000 | $-196,000,000 |
| Net Long Term Debt Issuance | $479,000,000 | $588,000,000 | $-273,000,000 | $-196,000,000 |
| Long Term Debt Payments | $-1,151,000,000 | $-1,001,000,000 | $-6,641,000,000 | $-12,864,000,000 |
| Long Term Debt Issuance | $1,630,000,000 | $1,589,000,000 | $6,368,000,000 | $12,668,000,000 |
| Net Business Purchase And Sale | $-940,000,000 | $-341,000,000 | $-234,000,000 | $-151,000,000 |
| Sale Of Business | $146,000,000 | $3,000,000 | $11,000,000 | $0 |
| Purchase Of Business | $-1,086,000,000 | $-344,000,000 | $-245,000,000 | $-151,000,000 |
| Net PPE Purchase And Sale | $-1,056,000,000 | $-937,000,000 | $-806,000,000 | $-529,000,000 |
| Purchase Of PPE | $-1,056,000,000 | $-937,000,000 | $-806,000,000 | $-529,000,000 |
| Change In Working Capital | $241,000,000 | $169,000,000 | $128,000,000 | $157,000,000 |
| Change In Other Working Capital | $76,000,000 | $191,000,000 | $145,000,000 | $187,000,000 |
| Change In Payables And Accrued Expense | $5,000,000 | $-17,000,000 | $-26,000,000 | $193,000,000 |
| Change In Payable | $5,000,000 | $-17,000,000 | $-26,000,000 | - |
| Change In Account Payable | $5,000,000 | $-17,000,000 | $-26,000,000 | - |
| Change In Inventory | $-20,000,000 | $-19,000,000 | $-5,000,000 | $-24,000,000 |
| Change In Receivables | $180,000,000 | $14,000,000 | $14,000,000 | $-199,000,000 |
| Other Non Cash Items | $59,000,000 | $16,000,000 | $100,000,000 | $96,000,000 |
| Deferred Tax | $2,000,000 | $3,000,000 | $3,000,000 | $-2,000,000 |
| Deferred Income Tax | $2,000,000 | $3,000,000 | $3,000,000 | $-2,000,000 |
| Depreciation Amortization Depletion | $1,283,000,000 | $1,213,000,000 | $1,230,000,000 | $1,287,000,000 |
| Depreciation And Amortization | $1,283,000,000 | $1,213,000,000 | $1,230,000,000 | $1,287,000,000 |
| Earnings Losses From Equity Investments | $-802,000,000 | $-600,000,000 | $-476,000,000 | $-321,000,000 |
| Gain Loss On Investment Securities | $-3,000,000 | - | $-47,000,000 | $45,000,000 |
| Gain Loss On Sale Of PPE | $-20,000,000 | $-92,000,000 | $-509,000,000 | $0 |
| Net Income From Continuing Operations | $4,357,000,000 | $3,966,000,000 | $3,978,000,000 | $3,112,000,000 |
| Asset Impairment Charge | - | $0 | $0 | $42,000,000 |