MPLX LP (MPLX) MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids. It also handles the collection, storage, transportation, and distribution of crude oil, refined products, and other hydrocarbon-based goods, including the sale of residue gas and condensate. Furthermore, the company manages inland marine businesses, focusing on the transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks within the Mid-Continent and Gulf Coast regions, utilizing its owned and third-party chartered boats and barges, and maintaining a marine repair facility on the Ohio River. Complementing these activities, MPLX oversees fuel distribution, refining logistics, terminals, rail facilities, and storage caverns, and operates specialized terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through various modes including pipeline, rail, marine, and over-the-road transport.
Sector: Pipe Lines (No Natural Gas)
Industry: Oil & Gas Midstream
MPLX Lp NYSE:MPLX Energy · Oil & Gas Midstream
Mkt Cap $59.86B
Div Yield 7.29%
AH Close $59.04 +0.00% vs close
AH Close $59.04 +0.00% vs close
Mkt Cap $59.86B
Div Yield 7.29%
All Press Release SEC Filings News
News
NACCO Industries (NYSE:NC) and Mplx (NYSE:MPLX) Financial Contrast
defenseworld.net • 8d ago News
MPLX LP (MPLX) Gains As Market Dips: What You Should Know
zacks.com • 8d ago News
TGS vs. MPLX: Which Stock Is the Better Value Option?
zacks.com • 19d ago News
MPLX LP (MPLX) Outperforms Broader Market: What You Need to Know
zacks.com • 19d ago News
MPLX's 7.6% Yield Looks Risky But the Numbers Say Otherwise
247wallst.com • 20d ago News
At $5 Million, I'd Still Worry About Retirement Income
seekingalpha.com • 23d ago News
MPLX LP (MPLX) Suffers a Larger Drop Than the General Market: Key Insights
zacks.com • 24d ago News
Energy Transfer vs. MPLX: Which Pipeline Giant's High-Yield Dividend Is Actually Safer?
fool.com • 28d ago News
Why MPLX LP (MPLX) Dipped More Than Broader Market Today
zacks.com • 0mo ago News
MPLX: Superior Distribution Growth Justifies Premium Multiple
seekingalpha.com • 1mo ago News
This Overlooked Pipeline Stock Just Became a Rival's Joint-Venture Partner Without Anyone Noticing
fool.com • 1mo ago Press Release
MPLX LP to Report Third-Quarter Results on November 3, 2026
MPLX LP will host a conference call on Tuesday, November 3, 2026, at 9:30 a.m. EST to discuss its 2026 third-quarter financial results.
The call will be webcast on MPLX's website at www.mplx.com, with a replay available for one month and the earnings release posted online ahead of the call.
The notice contains no financial figures or guidance; it is a routine scheduling announcement from the large-cap midstream MLP.
• 1mo ago AI analysis › News
MPLX LP (MPLX) Suffers a Larger Drop Than the General Market: Key Insights
zacks.com • 1mo ago News
MPLX: 12.5% Distribution Growth, Next Quarter Will Confirm It, Next Year Key To Upside
seekingalpha.com • 1mo ago News
MPLX LP: 2026 Will Keep On Getting Better
seekingalpha.com • 1mo ago News
MPLX: 7%+ Yield Is Just The Appetizer, The Growth Is The Main Course
seekingalpha.com • 1mo ago News
Why Is MPLX LP (MPLX) Down 0.5% Since Last Earnings Report?
zacks.com • 1mo ago News
Got $10,000 to Invest This September? These Energy Stocks Could Turn It Into Over $600 in Annual Income.
fool.com • 1mo ago News
Energy Transfer vs. MPLX: Which Midstream Stock Has an Edge?
zacks.com • 1mo ago SEC Filing
MPLX: 8-K · debt financing
MPLX LP filed an 8-K on August 24, 2026 documenting the issuance of $2.25 billion of senior notes in three tranches under its Form S-3 automatic shelf registration (No. 333-295600), pursuant to an underwriting agreement dated August 10, 2026.
The offering comprises $1.25 billion of 4.700% senior notes due November 1, 2029 priced at 98.962%, $500 million of 5.000% senior notes due May 1, 2032 priced at 98.372%, and $500 million of 5.500% senior notes due November 1, 2036 priced at 97.416%, with interest payable May 1 and November 1 beginning May 1, 2027.
TD Securities (USA) LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC acted as underwriter representatives, and the notes were issued under the February 12, 2015 base indenture with The Bank of New York Mellon Trust Company, N.A. as trustee via the Thirty-Eighth, Thirty-Ninth and Fortieth Supplemental Indentures.
The transaction is routine investment-grade debt funding that layers in fixed-rate maturities through 2036 with no equity issuance or unitholder dilution.
SEC 8-K • 2mo ago News
Why MPLX Stock Is Suddenly Trending on Wall Street
fool.com • 2mo ago Press Release
MPLX LP 2025 K-3 tax packages now available on company website
MPLX LP announced that its 2025 Schedule K-3 investor tax packages are now available for download on the company website.
The packages contain information relevant to international tax items, primarily for foreign unitholders, those claiming foreign tax credits, and certain corporate or partnership investors.
The company does not plan to mail physical copies, but investors can request an electronic version via a toll-free number.
• 2mo ago AI analysis › Press Release
SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST
The Solitude Pipeline System joint venture, in which Devon Energy holds a 25% stake, reached a positive Final Investment Decision to construct two 48-inch natural gas pipelines from the Permian Basin to Katy, Texas.
The project is backed by substantial long-term firm transportation agreements and is expected to deliver an initial capacity of 2.25 Bcf/d in late 2029, with an additional 2.25 Bcf/d available in 2030.
WhiteWater owns the remaining 50% of the joint venture, alongside MPLX (10%), Diamondback Energy (7.5%), and Western Midstream Partners (7.5%).
• 2mo ago AI analysis › Press Release ⚠ 2
MPLX LP prices $2.25 billion senior notes offering
MPLX LP priced a $2.25 billion aggregate offering of unsecured senior notes across three tranches maturing in 2029, 2032, and 2036 with coupon rates of 4.700%, 5.000%, and 5.500%, respectively.
The partnership intends to use the net proceeds to redeem its outstanding $1.25 billion in 4.125% notes due March 2027, with the remaining funds allocated for general partnership purposes including capital expenditures.
TD Securities, Goldman Sachs, J.P. Morgan, SMBC Nikko, and Wells Fargo are acting as joint book-running managers for the offering, which is expected to close on August 24, 2026.
• 2mo ago AI analysis › News
Is MPLX Worth Buying as Growth Projects Meet Higher Capital Risks?
zacks.com • 2mo ago News
MPLX LP: Still The King Of The MLPs, But I've Stopped Adding
seekingalpha.com • 2mo ago News
MPLX Q2: A Soft-Looking Quarter That Quietly De-Risked The Thesis
seekingalpha.com • 2mo ago News
MPLX LP: Fee-Based Infrastructure Built For Volatility And Growth
seekingalpha.com • 2mo ago News
MPLX Q2 Earnings & Revenues Beat Estimates on Gas & NGL Volume Growth
zacks.com • 2mo ago News
Mplx Q2 Earnings Call Highlights
marketbeat.com • 2mo ago News
MPLX LP Common Units (MPLX) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago Press Release ● Major ⚠ 2
MPLX LP Reports Second-Quarter 2026 Financial Results
MPLX reported second-quarter net income of $1.08 billion and adjusted EBITDA of $1.78 billion, driven by higher rates in the Crude Oil and Products Logistics segment and volume growth in Natural Gas and NGL Services.
The partnership generated $1.45 billion in distributable cash flow, supporting a 12.5% distribution increase for both 2026 and 2027, while also repurchasing $50 million of common units during the quarter.
MPLX raised its 2026 growth capital spending outlook by $500 million to $2.9 billion to accelerate projects like the Gulf Coast fractionators, though leverage increased to 3.7x from 3.1x in the prior year.
• 2mo ago AI analysis › News
MPLX LP (MPLX) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
zacks.com • 2mo ago News
MPLX: Growth Should Accelerate In Q2 With Long-Term Theiss Intact
seekingalpha.com • 2mo ago News
MPLX LP (MPLX) Laps the Stock Market: Here's Why
zacks.com • 2mo ago Press Release
MPLX LP Announces Quarterly Distribution
MPLX LP declared a quarterly cash distribution of $1.0765 per common unit for the second quarter of 2026, representing an annualized rate of $4.31.
The distribution is payable on Aug. 14, 2026 to common unitholders of record as of Aug. 7, 2026.
• 2mo ago AI analysis › News
MPLX LP (MPLX) Stock Drops Despite Market Gains: Important Facts to Note
zacks.com • 3mo ago News
MPLX LP (MPLX) Stock Dips While Market Gains: Key Facts
zacks.com • 3mo ago News
Want Durable Dividend Income That Can Last for Decades? Buy This Stock and Never Look Back.
fool.com • 3mo ago News
MPLX LP: Consistently Providing Investors With The Income They Want
seekingalpha.com • 3mo ago News
Enterprise Products Partners Vs. MPLX: Which Infrastructure Heavyweight Is The Better Buy?
seekingalpha.com • 3mo ago News
MPLX LP (MPLX) Rises As Market Takes a Dip: Key Facts
zacks.com • 4mo ago Press Release
MPLX LP to Report Second-Quarter Results on August 4, 2026
MPLX LP announced it will release its second-quarter 2026 financial results on Tuesday, August 4, 2026, followed by a conference call at 9:30 a.m. EDT.
The webcast will be available on the company's website at www.mplx.com, with a replay accessible for two weeks after the event.
MPLX is a large-cap master limited partnership focused on midstream energy infrastructure, logistics, and fuels distribution services.
• 4mo ago AI analysis › News
MPLX LP (MPLX) Stock Falls Amid Market Uptick: What Investors Need to Know
zacks.com • 4mo ago News
TGS or MPLX: Which Is the Better Value Stock Right Now?
zacks.com • 4mo ago News
Why Is MPLX LP (MPLX) Down 0.7% Since Last Earnings Report?
zacks.com • 4mo ago News
The Best High-Yield Dividend Stocks to Buy With $1,000 in June
fool.com • 4mo ago News
TGS vs. MPLX: Which Stock Is the Better Value Option?
zacks.com • 4mo ago News
3 Midstream Stocks That Can Ride Out Iran-War-Induced Uncertainty
zacks.com • 4mo ago News
MPLX: 7.6% Yield, 12% Distribution Growth, But I'm Not Buying (Downgrade)
seekingalpha.com • 4mo ago News
MPLX LP: High Yield With 12.5% Distribution Growth Ahead
seekingalpha.com • 4mo ago News
MPLX: My Top MLP Pick For 2026 And Beyond
seekingalpha.com • 4mo ago News
MPLX: Why It's King Of The MLPs
seekingalpha.com • 5mo ago News
TGS or MPLX: Which Is the Better Value Stock Right Now?
zacks.com • 5mo ago News
Mplx Q1 Earnings Call Highlights
marketbeat.com • 5mo ago Press Release
Marathon Petroleum Corp. names Brian Worthington vice president, Investor Relations; Kristina Kazarian to become vice president, Finance and Treasurer
Marathon Petroleum promoted Brian Worthington to vice president of Investor Relations, succeeding Kristina Kazarian, who was named vice president, Finance and Treasurer.
Both executives will assume their new roles on May 25 and will continue to serve in similar capacities for MPLX, the company's sponsored master limited partnership.
CEO Maryann Mannen noted that Worthington's deep understanding of the business positions him well for the role, while Kazarian will now focus on capital allocation and treasury activities.
• 5mo ago AI analysis › News
MPLX Q1 Earnings Miss Estimates on Higher Costs and Expenses
zacks.com • 5mo ago News
Buy 5-7% Yields On The Drop: Premier Buy-And-Hold Dividend Growth Machines
seekingalpha.com • 5mo ago News
MPLX LP (MPLX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com • 5mo ago News
MPLX LP Common Units (MPLX) Q1 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago Press Release ⚠ 3
MPLX LP Reports First-Quarter 2026 Financial Results
MPLX reported Q1 2026 net income of $912 million and adjusted EBITDA of $1.7 billion, a slight decline from the prior year attributed to derivatives and interest expenses.
The partnership generated $1.4 billion of distributable cash flow, enabling a 12.5% increase in the quarterly distribution to $1.0765 per unit and returning $1.1 billion of total capital to unitholders.
Management reaffirmed its confidence in long-term energy fundamentals, guiding for 12.5% annual distribution growth for the next two years supported by a $2.4 billion organic growth capital plan focused on the Permian and Marcellus basins.
• 5mo ago AI analysis › News
Insights Into MPLX LP (MPLX) Q1: Wall Street Projections for Key Metrics
zacks.com • 5mo ago News
MPLX LP (MPLX) Stock Dips While Market Gains: Key Facts
zacks.com • 5mo ago News
UGP or MPLX: Which Is the Better Value Stock Right Now?
zacks.com • 5mo ago News
MPLX: Boasting Strong ROIC As Distribution Growth Could Accelerate
seekingalpha.com • 6mo ago News
MPLX: A Sound Growth Story Irrespective Of Iran Headlines
seekingalpha.com • 6mo ago News
MPLX: Upgrading To Bullish As The Gulf Coast Build-Out Meets The AI Power
seekingalpha.com • 6mo ago News
MPLX LP (MPLX) Increases Yet Falls Behind Market: What Investors Need to Know
zacks.com • 6mo ago News
MPLX LP (MPLX) Is Considered a Good Investment by Brokers: Is That True?
zacks.com • 6mo ago News
MPLX LP (MPLX) Stock Sinks As Market Gains: Here's Why
zacks.com • 6mo ago News
2 High-Yield Energy Stocks to Buy Now and Hold Forever
fool.com • 6mo ago News
MPLX LP (MPLX) Increases Yet Falls Behind Market: What Investors Need to Know
zacks.com • 6mo ago 
