(MPLX) MPLX - Overview
Stock: Pipeline, Storage, Marine, Terminal, Processing, Fractionation
| Risk 5d forecast | |
|---|---|
| Volatility | 15.0% |
| Relative Tail Risk | -0.79% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.54 |
| Alpha | 3.46 |
| Character TTM | |
|---|---|
| Beta | 0.475 |
| Beta Downside | 0.731 |
| Drawdowns 3y | |
|---|---|
| Max DD | 14.58% |
| CAGR/Max DD | 1.82 |
EPS (Earnings per Share)
Revenue
Description: MPLX MPLX January 29, 2026
MPLX LP (NYSE:MPLX) is a midstream energy infrastructure and logistics firm headquartered in Findlay, Ohio. It operates as a subsidiary of Marathon Petroleum Corporation and is organized into two primary segments: Crude Oil & Products Logistics and Natural Gas & NGL Services.
Across its network, MPLX manages roughly 3.5 billion cubic feet per day (Bcfd) of natural-gas gathering and processing capacity, with 2024 utilization averaging 85 %. The company generated $2.1 billion of operating cash flow in 2024, supporting a quarterly dividend of $0.27 per share (≈ 5.5 % yield). Its inland marine fleet transports over 1 million barrels per day of crude, refined products, and renewable fuels along the Mid-Continent and Gulf Coast corridors.
The business is sensitive to three macro drivers: (1) U.S. natural-gas price spreads, which have widened by ~30 % year-over-year due to colder winter demand and constrained production; (2) refinery crack spreads, which remain above the 5-year average, bolstering demand for MPLX’s crude-oil logistics; and (3) the Renewable Fuel Standard, which is increasing the volume of ethanol and biodiesel that must be blended and transported, expanding MPLX’s renewable-fuel logistics footprint.
For a deeper quantitative dive, you may want to explore MPLX’s metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 4.91b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 0.70 > 1.0 |
| NWC/Revenue: -11.02% < 20% (prev 0.38%; Δ -11.39% < -1%) |
| CFO/TA 0.14 > 3% & CFO 5.91b > Net Income 4.91b |
| Net Debt (-2.14b) to EBITDA (7.32b): -0.29 < 3 |
| Current Ratio: 0.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.02b) vs 12m ago -0.20% < -2% |
| Gross Margin: 49.69% > 18% (prev 0.44%; Δ 4925 % > 0.5%) |
| Asset Turnover: 30.78% > 50% (prev 29.07%; Δ 1.71% > 0%) |
| Interest Coverage Ratio: 5.85 > 6 (EBITDA TTM 7.32b / Interest Expense TTM 1.02b) |
What is the price of MPLX shares?
Over the past week, the price has changed by -0.33%, over one month by +4.44%, over three months by +7.17% and over the past year by +13.35%.
Is MPLX a buy, sell or hold?
- StrongBuy: 4
- Buy: 5
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the MPLX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 57.7 | 4.6% |
| Analysts Target Price | 57.7 | 4.6% |
| ValueRay Target Price | 71.7 | 30.1% |
MPLX Fundamental Data Overview February 13, 2026
P/E Forward = 11.6009
P/S = 4.794
P/B = 3.8915
P/EG = 3.1622
Revenue TTM = 12.39b USD
EBIT TTM = 5.97b USD
EBITDA TTM = 7.32b USD
Long Term Debt = 24.14b USD (from longTermDebt, two quarters ago)
Short Term Debt = 1.50b USD (from shortTermDebt, two quarters ago)
Debt = 26.09b USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = -2.14b USD (from netDebt column, last quarter)
Enterprise Value = 80.60b USD (56.65b + Debt 26.09b - CCE 2.14b)
Interest Coverage Ratio = 5.85 (Ebit TTM 5.97b / Interest Expense TTM 1.02b)
EV/FCF = 13.64x (Enterprise Value 80.60b / FCF TTM 5.91b)
FCF Yield = 7.33% (FCF TTM 5.91b / Enterprise Value 80.60b)
FCF Margin = 47.69% (FCF TTM 5.91b / Revenue TTM 12.39b)
Net Margin = 39.64% (Net Income TTM 4.91b / Revenue TTM 12.39b)
Gross Margin = 49.69% ((Revenue TTM 12.39b - Cost of Revenue TTM 6.23b) / Revenue TTM)
Gross Margin QoQ = 47.30% (prev 60.82%)
Tobins Q-Ratio = 1.87 (Enterprise Value 80.60b / Total Assets 43.01b)
Interest Expense / Debt = 1.06% (Interest Expense 277.0m / Debt 26.09b)
Taxrate = 0.25% (3.00m / 1.21b)
NOPAT = 5.96b (EBIT 5.97b * (1 - 0.25%))
Current Ratio = 0.61 (Total Current Assets 2.14b / Total Current Liabilities 3.50b)
Debt / Equity = 1.80 (Debt 26.09b / totalStockholderEquity, last quarter 14.53b)
Debt / EBITDA = -0.29 (Net Debt -2.14b / EBITDA 7.32b)
Debt / FCF = -0.36 (Net Debt -2.14b / FCF TTM 5.91b)
Total Stockholder Equity = 14.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.20% (Net Income 4.91b / Total Assets 43.01b)
RoE = 34.79% (Net Income TTM 4.91b / Total Stockholder Equity 14.12b)
RoCE = 15.60% (EBIT 5.97b / Capital Employed (Equity 14.12b + L.T.Debt 24.14b))
RoIC = 16.02% (NOPAT 5.96b / Invested Capital 37.18b)
WACC = 5.58% (E(56.65b)/V(82.74b) * Re(7.66%) + D(26.09b)/V(82.74b) * Rd(1.06%) * (1-Tc(0.00)))
Discount Rate = 7.66% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 0.70%
[DCF Debug] Terminal Value 86.97% ; FCFF base≈5.50b ; Y1≈5.88b ; Y5≈7.10b
Fair Price DCF = 209.3 (EV 210.27b - Net Debt -2.14b = Equity 212.41b / Shares 1.01b; r=5.90% [WACC]; 5y FCF grow 7.63% → 2.90% )
EPS Correlation: 56.22 | EPS CAGR: 8.32% | SUE: 0.12 | # QB: 0
Revenue Correlation: 69.54 | Revenue CAGR: 5.87% | SUE: -2.53 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.06 | Chg30d=-0.047 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=4.56 | Chg30d=-0.043 | Revisions Net=+0 | Growth EPS=+5.1% | Growth Revenue=-0.5%
EPS next Year (2027-12-31): EPS=4.91 | Chg30d=-0.108 | Revisions Net=-1 | Growth EPS=+7.8% | Growth Revenue=+8.4%