Stock Fundamentals

Company Information

Company Name
MPLX LP
Sector
Energy
Industry
Oil & Gas Midstream
Exchange
NYSE
ISIN: US55336V1008
CIK: 0001552000
CUSIP: 55336V100
Currency: USD
Full Time Employees: 0
Phone: 419 422 2121
Fiscal Year End: December
IPO Date: Oct 26, 2012
Description:

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, it 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 operates as a subsidiary of Marathon Petroleum Corporation.

Address:

200 East Hardin Street, Findlay, OH, United States, 45840-3229

Directors & Officers

Name Title Year Born
Ms. Maryann T. Mannen President, CEO & Chairman of the Board of MPLX GP LLC 1964
Mr. Carl Kristopher Hagedorn Executive VP, CFO & Director of MPLX GP LLC 1976
Mr. Gregory Scott Floerke Executive VP & COO of MPLX GP LLC 1963
Ms. Molly R. Benson Chief Legal Officer & Corporate Secretary of MPLX GP LLC 1967
Ms. Kristina Anna Kazarian Vice President of Finance & Investor Relations - MPLX GP LLC 1983
Mr. Rick D. Hessling Senior Vice President of MPLX GP LLC 1967
Mr. Brian K. Partee Senior Vice President of MPLX GP LLC 1974
Mr. Shawn M. Lyon Senior Vice President of Logistics & Storage - MPLX GP LLC 1968
Mr. David R. Heppner Senior Vice President of MPLX GP LLC 1967
Mr. Michael A. Henschen Senior Vice President of MPLX GP LLC 1971

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Amvescap Plc. 19.56M Sep 30, 2025 1.93% $0.15 0.74%
Blackstone Inc 14.02M Sep 30, 2025 1.38% $2.82 -17.27%
Tortoise Midstream Energy Fund, Inc. 13.32M Dec 31, 2025 1.31% $9.05 -1.48%
The Goldman Sachs Group Inc 13.10M Sep 30, 2025 1.29% $0.08 -7.42%
Bank of America Corp 9.35M Sep 30, 2025 0.92% $0.03 -5.34%
JPMorgan Chase & Co 9.32M Sep 30, 2025 0.92% $0.01 91.41%
Kayne Anderson Capital Advisors LP 7.23M Dec 31, 2025 0.71% $8.76 -0.09%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 6.91M Dec 31, 2025 0.68% $0.55 -2.15%
Chickasaw Capital Management, LLC 5.43M Dec 31, 2025 0.53% $11.94 -3.24%
Energy Income Partners, LLC 5.30M Dec 31, 2025 0.52% $5.12 -6.36%
UBS Group AG 5.27M Sep 30, 2025 0.52% $0.04 -22.66%
Morgan Stanley - Brokerage Accounts 4.66M Sep 30, 2025 0.46% $0.01 -11.17%
Brave Warrior Advisors LLC 4.47M Dec 31, 2025 0.44% $5.59 0.15%
ING Groep NV 4.30M Sep 30, 2025 0.42% $1.16 -5.66%
Brookfield Corp 2.82M Sep 30, 2025 0.28% $0.16 -24.80%
Atlantic Trust Group, LLC 2.72M Dec 31, 2025 0.27% $0.25 1.34%
Miller Howard Investments Inc 2.32M Dec 31, 2025 0.23% $3.73 2.53%
Westwood Holdings Group Inc 2.24M Sep 30, 2025 0.22% $0.80 1.49%
ClearBridge Advisors, LLC 2.17M Sep 30, 2025 0.21% $0.08 1.00%
Fractal Investments LLC 2.05M Dec 31, 2025 0.20% $15.29 0.00%

Shares Statistics

Shares Outstanding: 1.02B
Shares Float: 366.15M
% Insiders: 6,393.90%
% Institutions: 1,787.30%
Short % Float: 1.94%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Amvescap Plc. 19.56M 1.93% ▲ 0.74% Sep 30, 2025
2 Blackstone Inc 14.02M 1.38% ▼ 17.27% Sep 30, 2025
3 Tortoise Midstream Energy Fund, Inc. 13.32M 1.31% ▼ 1.48% Dec 31, 2025
4 The Goldman Sachs Group Inc 13.10M 1.29% ▼ 7.42% Sep 30, 2025
5 Bank of America Corp 9.35M 0.92% ▼ 5.34% Sep 30, 2025
6 JPMorgan Chase & Co 9.32M 0.92% ▲ 91.41% Sep 30, 2025
7 Kayne Anderson Capital Advisors LP 7.23M 0.71% ▼ 0.09% Dec 31, 2025
8 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 6.91M 0.68% ▼ 2.15% Dec 31, 2025
9 Chickasaw Capital Management, LLC 5.43M 0.53% ▼ 3.24% Dec 31, 2025
10 Energy Income Partners, LLC 5.30M 0.52% ▼ 6.36% Dec 31, 2025

Valuation Metrics

Enterprise Value: $83.43B
Trailing P/E: 12.14
Forward P/E: 12.20

Financial Highlights

Market Cap: $59.52B
EBITDA: $6.11B
P/E Ratio: $12.14
PEG Ratio: $3.32
Book Value: $14.08
Dividend/Share: $4.07
Dividend Yield: 6.97%
Earnings/Share: $4.82
Profit Margin: 41.57%
Operating Margin: 42.88%
ROA (TTM): 7.39%
ROE (TTM): 34.71%
Revenue (TTM): $11.82B
Revenue/Share (TTM): $11.60
Earnings Growth (YOY): 9.10%
Revenue Growth (YOY): 7.10%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 1.23x 1.80x 0.66x 4.84x 3.52x
2024-12-31 1.01x 1.52x 0.63x 5.74x 3.18x
2023-12-31 1.07x 1.53x 0.63x 5.31x 3.36x
2022-12-31 0.79x 1.47x 0.62x 5.31x 3.27x
2021-12-31 0.45x 1.46x 0.63x 4.54x 3.59x
2020-12-31 0.73x 1.47x 0.62x 0.24x 13.24x
2019-12-31 0.70x 1.14x 0.57x 2.60x 5.53x
2018-12-31 0.76x 2.08x 0.70x 3.79x 4.37x
2017-12-31 0.43x 0.80x 0.49x 3.36x 4.28x
2016-12-31 1.05x 0.48x 0.38x 3.24x 4.04x
2015-12-31 0.77x 0.62x 0.41x 10.89x 11.51x
2014-12-31 0.96x 0.58x 0.62x 44.71x 2.76x
2013-12-31 1.62x 0.02x 0.08x 735.00x 0.05x
2012-12-31 4.48x 0.02x 0.06x 716.00x 0.06x
2011-12-31 5.85x 0.01x 0.05x 660.00x 0.07x
2010-12-31 0.00x 0.01x 0.04x N/A 0.08x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 07, 2025 Shawn M Lyon N/A Purchase 4.00K $52.75 $211.00K
Nov 18, 2024 Carl Kristopher Hagedorn N/A Sale 4.00K $47.24 $188.96K

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