MPLX
MPLX LP
NYSE: MPLX · ENERGY · OIL & GAS MIDSTREAM
$57.68
+1.37% today
Updated 2026-06-23
Market cap
$56.49B
P/E ratio
12.05
P/S ratio
4.81x
EPS (TTM)
$4.62
Dividend yield
7.36%
52W range
$45 – $59
Volume
2.1M
WallStSmart proprietary scores
52
out of 100
Grade: C
Hold
Investment rating
2.7
Growth
F4.3
Quality
C9.0
Profitability
A+4.0
Valuation
C3/9
Piotroski F-Score
Weak
—
Altman Z-Score
—
—
Industry rank
—
View all highly rated stocks (75+) →199 stocks currently score above 75
Price targets
Analyst target
$60.71
+5.25%
12-Month target
$59.24
+2.70%
Intrinsic (DCF)
$45.79
Margin of safety
-24.13%
2 Strong Buy6 Buy6 Hold0 Sell1 Strong Sell
Price chart
Stock snapshot
Strengths
+ Profit margin 40.00% — above average
+ ROE 33.39% — strong efficiency
+ Free cash flow $772.00M — positive
Risks
- Piotroski 3/9 — weak financial health
- Revenue declining -2.80% QoQ
- 24.13% above intrinsic value
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $10.54B | $10.43B | $10.90B | $11.82B | $11.73B | $13.7B |
| Net income | $3.94B | $3.93B | $4.32B | $4.91B | $912.00M | — |
| EPS | — | — | — | — | $4.62 | $4.68 |
| Free cash flow | $4.21B | $4.46B | $4.89B | $4.10B | $772.00M | — |
| Profit margin | 37.42% | 37.65% | 39.59% | 41.57% | 40.00% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-15 | WALKER, RAY N JR | Buy | 78 | — |
| 2026-05-15 | SURMA, JOHN P | Buy | 1,656 | — |
| 2026-05-15 | STICE, J MICHAEL | Buy | 1,098 | — |
Peer comparison
Smart narrative
MPLX LP trades at $57.68. representing a P/E of 12.05x trailing earnings. Our Smart Value Score of 52/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. TTM revenue stands at $11.73B. with profit margins at 40.00%. Our DCF model estimates intrinsic value at $45.79.
Frequently asked questions
What is MPLX LP's stock price?
MPLX LP (MPLX) trades at $57.68, on a P/E of 12.1x and a P/S of 4.8x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is MPLX LP overvalued?
MPLX LP carries a Smart Value Score of 52/100 (Grade C), which we rate Hold. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $45.79 against the $57.68 price, so on cash flow terms the market is paying a premium for MPLX LP's growth. The Hold rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of MPLX LP (MPLX)?
The 12-month analyst consensus target is $60.71, about 5.3% above the current $57.68. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of MPLX by 2030?
Our research-backed model puts the 2030 base case at $40.58, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of MPLX LP (MPLX)?
Our DCF model estimates intrinsic value at $45.79, a -24.1% margin of safety versus today's $57.68. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is MPLX LP's revenue?
MPLX LP's trailing twelve-month revenue is $11.73B, and our model projects it reaching about $17.28B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Company info
SectorENERGY
IndustryOIL & GAS MIDSTREAM
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio4.81x
ROE33.39%
Beta0.46
50D MA$55.65
200D MA$54.28
Shares out1.01B
Float0.37B
Short ratio—
Avg volume2.1M
Performance
1 week+3.17%
1 month+2.14%
3 months-2.05%
YTD+8.08%
1 year—
3 years—
5 years—