MPLXMPLX
MPLX
About: 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 2019.
Employees: 5,560
0
Funds holding %
of 7,202 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
265% more call options, than puts
Call options by funds: $280M | Put options by funds: $76.8M
135% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 31
58% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 124
11% more capital invested
Capital invested by funds: $10.4B [Q4 2024] → $11.6B (+$1.18B) [Q1 2025]
7% more funds holding in top 10
Funds holding in top 10: 29 [Q4 2024] → 31 (+2) [Q1 2025]
5% more funds holding
Funds holding: 524 [Q4 2024] → 550 (+26) [Q1 2025]
0.13% less ownership
Funds ownership: 21.4% [Q4 2024] → 21.27% (-0.13%) [Q1 2025]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$52
0%
upside
Avg. target
$57
11%
upside
High target
$62
20%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Barclays Theresa Chen | 0%upside $52 | Overweight Maintained | 12 May 2025 |
RBC Capital Elvira Scotto | 12%upside $58 | Outperform Maintained | 17 Mar 2025 |
Morgan Stanley Robert Kad | 20%upside $62 | Equal-Weight Maintained | 11 Mar 2025 |
Financial journalist opinion
Based on 28 articles about MPLX published over the past 30 days
Positive
24/7 Wall Street
15 hours ago
4 Strong Buy Bargain Energy Stocks With Ultra-High-Yield Dividends From 7% to Over 20%
Investors love dividend stocks, especially those with ultra-high yields, because they offer a significant income stream and have substantial total return potential.
Neutral
Business Wire
4 days ago
I Squared Capital to Acquire Stake in Strategic Permian Natural Gas Pipeline Asset
MIAMI--(BUSINESS WIRE)--I Squared Capital, a leading independent global infrastructure investment manager, together with MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB), today announced that it has agreed to acquire a significant equity interest in the Matterhorn Express Pipeline (MXP), a 2.5 billion cubic feet per day (Bcf/d) natural gas pipeline connecting the Permian Basin to key Texas demand centers and U.S. Gulf Coast LNG export terminals. “This investment exemplifies our strategy of a.
Positive
Seeking Alpha
6 days ago
Income Alert: 2 Bargain Blue Chips, Up To 8% Yield
The S&P 500's dividend yield sits near a historical low, making undervalued individual stocks far more appealing. Bristol Myers Squibb offers a 5.3% yield and trades at a low PE of 6.8, with strong profitability and a robust drug pipeline. MPLX provides a 7.8% distribution yield, supported by essential midstream assets, strong cash flow, and a solid balance sheet with a low leverage ratio.
Positive
Seeking Alpha
1 week ago
From Overlooked To Outperforming: The Rise Of Two 9% Dividend Titans
We have limited visibility on important macro variables. This uncertainty fosters emotional decision-making. For long-term and high-quality investors, it is great news.
Positive
Seeking Alpha
1 week ago
2 Of My Favorite Dividend Stocks Paying 7% And 8%
I have traded and studied markets daily since I was 15, evolving from chasing short-term gains to embracing a long-term, big-picture investment approach. Despite market unpredictability and inflation risks, I still believe in a "higher for longer" environment, and I'm investing accordingly, with risk/reward in mind. I highlight two high-yielding stocks that I believe thrive under economic uncertainty, offering solid income and growth without needing precise market predictions.
Positive
The Motley Fool
1 week ago
This Ultra-High-Yield Dividend Stock Continues to Add Fuel to Grow Its Already Prodigious Passive Income Stream
MPLX (MPLX -1.07%) offers investors a big-time income stream. The master limited partnership (MLP) currently has a monster distribution yield of 7.7%.
Positive
Zacks Investment Research
1 week ago
MPLX Q1 Earnings Beat on Higher Throughputs, Revenues Increase Y/Y
MPLX Q1 earnings gain on higher pipeline throughputs and a rise in gathered and processed volumes from the Utica and Permian Basins.
Positive
Reuters
1 week ago
I Squared, Enbridge and MPLX to acquire majority stake in Matterhorn natgas pipeline
Infrastructure investment firm I Squared, midstream company MPLX LP , and pipeline operator Enbridge Inc have entered an agreement to acquire up to 85% interest in the Matterhorn Express gas pipeline, the companies said on Tuesday.
Neutral
PRNewsWire
1 week ago
I Squared, MPLX, and Enbridge to Acquire Interests in Matterhorn Express Pipeline
AUSTIN, Texas , May 6, 2025 /PRNewswire/ -- I Squared, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB) jointly announce they have entered into a definitive agreement to acquire equity interests in the Matterhorn Express Pipeline from Ridgemont Equity Partners and Devon Energy Corp. (NYSE: DVN). Following the close of the transaction, WhiteWater, MPLX and Enbridge will own 65%, 10% and 10% of the Matterhorn Express Pipeline, respectively.
Neutral
Seeking Alpha
1 week ago
MPLX LP (MPLX) Q1 2025 Earnings Call Transcript
MPLX LP (NYSE:MPLX ) Q1 2025 Earnings Conference Call May 6, 2025 9:30 AM ET Company Participants Kristina Kazarian - Vice President Finance and IR Maryann Mannen - President and CEO Kris Hagedorn - Chief Financial Officer Gregory Floerke - Executive Vice President and COO David Heppner - Senior Vice President Shawn Lyon - Senior Vice President, Logistics and Storage Conference Call Participants John Mackay - Goldman Sachs Manav Gupta - UBS Burke Sansiviero - Wolfe Research Michael Bloom - Wells Fargo Operator Welcome to the MPLX First Quarter Earnings Call. My name is Amanda, and I will be your operator for today's call.
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