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MPLX LP (MPLX)



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Upturn Advisory Summary
08/14/2025: MPLX (4-star) is a SELL. SELL since 1 days. Profits (-1.47%). Updated daily EoD!
1 Year Target Price $56.93
1 Year Target Price $56.93
4 | Strong Buy |
5 | Buy |
5 | Hold |
1 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 41.36% | Avg. Invested days 113 | Today’s Advisory SELL |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 51.12B USD | Price to earnings Ratio 11.91 | 1Y Target Price 56.93 |
Price to earnings Ratio 11.91 | 1Y Target Price 56.93 | ||
Volume (30-day avg) 15 | Beta 0.67 | 52 Weeks Range 38.72 - 52.81 | Updated Date 08/15/2025 |
52 Weeks Range 38.72 - 52.81 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 7.70% | Basic EPS (TTM) 4.21 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-08-05 | When - | Estimate 1.06 | Actual 1.03 |
Profitability
Profit Margin 37.52% | Operating Margin (TTM) 39.64% |
Management Effectiveness
Return on Assets (TTM) 7.54% | Return on Equity (TTM) 31.14% |
Valuation
Trailing PE 11.91 | Forward PE 11.34 | Enterprise Value 71443345744 | Price to Sales(TTM) 4.45 |
Enterprise Value 71443345744 | Price to Sales(TTM) 4.45 | ||
Enterprise Value to Revenue 6.33 | Enterprise Value to EBITDA 10.8 | Shares Outstanding 1019070016 | Shares Floating 370145118 |
Shares Outstanding 1019070016 | Shares Floating 370145118 | ||
Percent Insiders 63.7 | Percent Institutions 23.91 |
Upturn AI SWOT
MPLX LP
Company Overview
History and Background
MPLX LP was formed in 2012 by Marathon Petroleum Corporation (MPC) to own, operate, develop, and acquire midstream energy infrastructure assets. It has grown through organic projects and acquisitions, becoming a major player in the midstream sector.
Core Business Areas
- Gathering and Processing: Gathers, processes, and transports natural gas and natural gas liquids (NGLs) for its customers. This includes owning and operating gathering pipelines, processing plants, and fractionation facilities.
- Logistics and Storage: Transports crude oil, refined products, and other feedstocks through pipelines, terminals, and storage facilities. This segment provides essential services for refineries and other downstream operations.
Leadership and Structure
MPLX LP is managed by its general partner, MPLX GP LLC, a wholly-owned subsidiary of Marathon Petroleum Corporation. The executive leadership team consists of individuals with extensive experience in the energy industry.
Top Products and Market Share
Key Offerings
- Crude Oil Transportation: Transportation of crude oil through pipelines. Competitors include Enterprise Products Partners (EPD) and Plains All American Pipeline (PAA). MPLX's market share in crude oil transportation fluctuates based on regional demand and pipeline capacity.
- Natural Gas Gathering and Processing: Gathering and processing of natural gas and NGLs. Competitors include Kinder Morgan (KMI) and Williams Companies (WMB). MPLX's revenue in this segment is driven by processing volumes and commodity prices.
- Refined Products Transportation: Transports refined products (gasoline, diesel, etc). Competitors include Buckeye Partners (BPL). Revenue dependent on demand.
Market Dynamics
Industry Overview
The midstream energy sector involves the transportation, storage, and processing of oil, natural gas, and NGLs. The industry is influenced by energy production levels, commodity prices, regulatory changes, and infrastructure development.
Positioning
MPLX LP is a major midstream operator with a strategic asset footprint primarily focused in the Marcellus, Utica, and Permian basins. Its relationship with Marathon Petroleum provides a stable source of business and growth opportunities.
Total Addressable Market (TAM)
The global midstream oil and gas market is estimated to be in the hundreds of billions of USD. MPLX LP is well-positioned to capture a significant portion of this market, particularly in key shale basins.
Upturn SWOT Analysis
Strengths
- Strong relationship with Marathon Petroleum Corporation
- Diversified asset base across multiple shale basins
- Stable cash flows from long-term contracts
- Operational expertise in midstream infrastructure
Weaknesses
- Dependence on Marathon Petroleum for a significant portion of revenue
- Exposure to commodity price fluctuations
- Regulatory risks associated with pipeline operations
- Master Limited Partnership (MLP) structure can complicate investor understanding
Opportunities
- Expanding midstream infrastructure in growing shale basins
- Acquiring complementary assets to increase market share
- Developing new projects to support increased energy production
- Increasing export capacity for NGLs and refined products
Threats
- Decline in energy production due to lower commodity prices
- Increased regulatory scrutiny of pipeline safety and environmental impact
- Competition from other midstream operators
- Changes in tax laws impacting MLP structures
Competitors and Market Share
Key Competitors
- EPD
- KMI
- WMB
- PAA
Competitive Landscape
MPLX LP competes with other large midstream companies based on asset footprint, operational efficiency, and financial strength. Its relationship with MPC provides a competitive advantage.
Major Acquisitions
Andeavor Logistics LP
- Year: 2019
- Acquisition Price (USD millions): 9000
- Strategic Rationale: Expanded MPLX's footprint in the Permian Basin and enhanced its gathering and processing capabilities.
Growth Trajectory and Initiatives
Historical Growth: MPLX LP has grown significantly through organic projects and acquisitions.
Future Projections: Analyst estimates vary, but future growth is expected to be driven by increased energy production and infrastructure investments.
Recent Initiatives: Recent initiatives include expanding pipeline capacity, developing new processing plants, and acquiring strategic assets.
Summary
MPLX LP is a stable midstream company benefiting from its relationship with Marathon Petroleum. Its strong asset base and focus on key shale basins support consistent cash flow and dividend payouts. However, it faces challenges from commodity price volatility, regulatory risks, and competition. Continued infrastructure expansion and strategic acquisitions are crucial for future growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a financial professional.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MPLX LP
Exchange NYSE | Headquaters Findlay, OH, United States | ||
IPO Launch date 2012-10-26 | President, CEO & Director of MPLX GP LLC Ms. Maryann T. Mannen | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees - | Website https://www.mplx.com |
Full time employees - | Website https://www.mplx.com |
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, 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 renewables; and sale of residue gas and condensate. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as 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 through the pipeline, rail, marine, and truck 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 is a subsidiary of Marathon Petroleum Corporation.

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