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MPLX LP Partnership Units MPLX Stock Quote

| Rating as of

NYSE: MPLX

Last close prices updated as of Feb 03, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 34.09
  • Sector Energy
  • Industry Oil & Gas Midstream
  • Investment Style Mid Value
  • Day Range 34.02  –  34.63
  • Year Range 27.47  –  35.49
  • Market Cap 34.2006 Bil
  • Volume / Avg 2.4 Mil /  1.7 Mil
  • Price / Sales 3.27
  • Price / Book 2.73
  • Forward Div Yield 9.09%
  • Trailing Div Yield 10.75%

Morningstar‘s Stock Analysis MPLX

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Boosting MPLX's FVE After Incorporating Cash Flows Earned and Higher Gas Growth

Stephen Ellis Sector Strategist

Analyst Note

| Stephen Ellis |

After refreshing our model for fourth-quarter results, rolling it over to 2023, and boosting our gas growth estimates largely driven by MPLX's Permian and Appalachian debottlenecking efforts, we are increasing our fair value estimate to $35 per unit from $31. Our narrow moat rating is unchanged.

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Key Statistics MPLX

Company Profile MPLX

Business Description

MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in July 2019.

Contact
200 East Hardin Street
Findlay, OH, 45840-3229
Sector Energy
Industry Oil & Gas Midstream
Employees 5,836

Related Articles MPLX

FAQs for MPLX LP Partnership Units Stock

No. MPLX does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

MPLX’s market cap is 34.20 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

MPLX’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

MPLX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MPLX’s historical performance against its industry peers and the overall market.