MPLXMPLX
MPLX
About: MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.
Employees: 5,560
0
Funds holding %
of 7,431 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
122% more call options, than puts
Call options by funds: $114M | Put options by funds: $51.5M
58% more repeat investments, than reductions
Existing positions increased: 208 | Existing positions reduced: 132
39% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 46
1% more funds holding
Funds holding: 560 [Q1] → 565 (+5) [Q2]
0.33% less ownership
Funds ownership: 21.31% [Q1] → 20.98% (-0.33%) [Q2]
3% less funds holding in top 10
Funds holding in top 10: 31 [Q1] → 30 (-1) [Q2]
5% less capital invested
Capital invested by funds: $11.6B [Q1] → $11B (-$623M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$53
5%
upside
Avg. target
$58
14%
upside
High target
$60
19%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Morgan Stanley Robert Kad | 19%upside $60 | Equal-Weight Maintained | 26 Aug 2025 |
Stifel Selman Akyol | 19%upside $60 | Buy Maintained | 14 Aug 2025 |
Barclays Theresa Chen | 5%upside $53 | Overweight Maintained | 11 Jul 2025 |
Financial journalist opinion
Based on 40 articles about MPLX published over the past 30 days
Positive
The Motley Fool
8 hours ago
These 3 Ultra-High-Yielding Dividend Stocks Are Adding Even More Fuel to Their Growth Engines
A joint venture (JV) between ONEOK (OKE -0.45%), Enbridge (ENB -0.77%), MPLX (MPLX -0.87%), and privately held WhiteWater is moving ahead with a new natural gas pipeline. The 450-mile Eiger Express Pipeline will transport up to 2.5 million cubic feet per day of natural gas from the Permian Basin in West Texas to the Katy area near Houston.
Neutral
Seeking Alpha
1 day ago
MPLX Vs. Enterprise Products: I Love Both, But My Winner Is MPLX
Both MPLX and EPD are top-tier midstream MLPs, offering high yields, strong balance sheets, and mission-critical energy infrastructure assets. EPD stands out for its reliability, 27 years of distribution growth, industry-leading ROIC, and attractive valuation, making it a Strong Buy for conservative investors. MPLX impresses with faster distribution growth, superior ROIC, aggressive expansion, and higher expected total returns, warranting a Strong Buy for growth-oriented investors.
Neutral
PRNewsWire
1 day ago
ONEOK Announces Permian-to-Gulf Coast Region Joint Venture Natural Gas Pipeline
Eiger Express Pipeline to Provide Natural Gas Transportation Solution for Growing Permian Basin Production TULSA, Okla. , Aug. 25, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE), WhiteWater, MPLX LP (NYSE: MPLX) and Enbridge Inc. (NYSE: ENB), through the existing Matterhorn joint venture (Matterhorn JV), announced a new natural gas pipeline to transport growing natural gas production from the Permian Basin to the Gulf Coast region.
Neutral
PRNewsWire
1 day ago
Eiger Express Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region
AUSTIN, Texas , Aug. 25, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), ONEOK, Inc. (NYSE: OKE) and Enbridge Inc. (NYSE: ENB), through their Matterhorn joint venture ("Matterhorn JV"), have partnered with affiliates of ONEOK and MPLX and reached final investment decision to move forward with the construction of the Eiger Express Pipeline, having secured sufficient firm transportation agreements with primarily investment grade shippers. The Eiger Express Pipeline is designed to transport up to 2.5 billion cubic feet per day (Bcf/d) of natural gas through approximately 450 miles of 42-inch pipeline from the Permian Basin in West Texas to the Katy area.
Neutral
PRNewsWire
1 day ago
MPLX LP announces election of new director
FINDLAY, Ohio , Aug. 25, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that Ray N. Walker, Jr. has been elected to the board of directors of MPLX GP LLC, the general partner of MPLX, effective immediately.
Positive
The Motley Fool
1 day ago
Looking to Fund Your Retirement With Dividends? Here Are 3 Awesome High-Yielders You Need to Know About.
The average American household faces more than a 30% projected shortfall between what Social Security and its personal savings will provide in retirement and its anticipated spending. As a result, future retirees will need to find ways to bridge that gap.
Positive
CNBC
2 days ago
Top Wall Street analysts favor these 3 dividend stocks for steady returns
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including EOG Resources and Home Depot.
Positive
Seeking Alpha
3 days ago
MPLX: Growing Almost 8% Distribution In A Strong Package
MPLX LP has an impressive portfolio of assets which the northwest midstream acquisition helps to cement. The company is a major player in the Permian Basin and growing strength at each step of the value chain. The company has a more than 7.5% yield, a strong one which it can comfortably afford with a 1.5x coverage ratio.
Positive
Seeking Alpha
4 days ago
My Top 3 MLPs To Invest In
Midstream MLPs are attractive due to industry consolidation, strong free cash flow, and a focus on unitholder returns, despite energy transition concerns. Energy Transfer (ET) offers sector-low valuation, disciplined growth, and a 7.5% yield, making it my top pick for long-term infrastructure exposure. MPLX benefits from its Marathon link, high utilization, and strong natural gas growth, with a 7.7% yield and best-in-class profitability metrics.
Positive
Seeking Alpha
5 days ago
MPLX: Smart Acquisition Of Northwind Midstream Key For Long-Term Growth
Northwind Midstream acquisition will boost MPLX's efforts to develop the integrated NGL value chain, expand its global reach, and meet rising demands for NGL. The global NGL market is projected to expand at a CAGR of almost 6% up to 2030, which will be a crucial long-term growth catalyst for MPLX. Management emphasized an optimistic outlook with the Northwind Midstream deal, with an immediate accretion of a 7x multiple on the forward EBITDA for 2027.
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