MPLX LP

Chart & Performance

D1W1MN

No data to show

P/E

12.23

P/S

4.47

EPS

4.26

Div Yield, %

4.86%

Shrs. gr., 5y

2.32%

Rev. gr., 5y

6.71%

Revenues

11.93b

+11.72%

Net income

4.36b

+10.92%

CFO

5.95b

+10.17%

Dividend

Aug 09, 20240.85 USD/sh

Earnings

Aug 04, 2025

Profile

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 located 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.

URL

https://www.mplx.com/

IPO date

Oct 26, 2012

Employees

6,200

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	11,933,000 11.72%	10,681,000 1.33%	10,541,000 10.09%
Cost of revenue	1,987,000	6,239,000	6,587,000
Unusual Expense (Income)
NOPBT	9,946,000	4,442,000	3,954,000
NOPBT Margin	83.35%	41.59%	37.51%
Operating Taxes	10,000	11,000	8,000
Tax Rate	0.10%	0.25%	0.20%
NOPAT	9,936,000	4,431,000	3,946,000
Net income	4,357,000 10.92%	3,928,000 -0.41%	3,944,000 28.18%
Dividends	(44,000)	(3,296,000)	(3,047,000)
Dividend yield	0.09%	8.96%	9.19%
Proceeds from repurchase of equity	(326,000)		(491,000)
BB yield	0.67%		1.48%
Debt
Debt current	1,738,000	1,181,000	1,035,000
Long-term debt	19,734,000	20,216,000	19,771,000
Deferred revenue		446,000	329,000
Other long-term liabilities	776,000	126,000	142,000
Net debt	15,422,000	16,606,000	16,473,000
Cash flow
Cash from operating activities	5,946,000	5,397,000	5,019,000
CAPEX	(1,056,000)	(937,000)	(806,000)
Cash from investing activities	(1,995,000)	(1,252,000)	(956,000)
Cash from financing activities	(3,480,000)	(3,335,000)	(3,838,000)
FCF	10,316,000	4,014,000	3,544,000
Balance
Cash	1,519,000	1,048,000	238,000
Long term investments	4,531,000	3,743,000	4,095,000
Excess cash	5,453,350	4,256,950	3,805,950
Stockholders' equity	228,000	13,584,000	229,000
Invested Capital	35,565,000	30,813,050	34,057,000
ROIC	29.94%	13.66%	11.86%
ROCE	27.62%	12.66%	11.53%
EV
Common stock shares outstanding	1,017,000	1,002,000	1,010,000
Price	47.86 30.34%	36.72 11.81%	32.84 10.98%
Market cap	48,673,620 32.29%	36,793,440 10.93%	33,168,400 9.15%
EV	64,326,620	54,529,440	51,457,400
EBITDA	11,229,000	5,655,000	5,184,000
EV/EBITDA	5.73	9.64	9.93
Interest	944,000	923,000	925,000
Interest/NOPBT	9.49%	20.78%	23.39%