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US · MPLX

MPLX Lp

Programmatic access: InvestorsCraft Valuation API · catalog

Sector
Energy · Oil & Gas Midstream
Headquarters
Findlay, OH 45840-3229
Website
mplx.com

Price · as of 2025

$59.67

Market cap 59.72B

Valuation

MetricValueUpside
IC Value$34.69-42%
P/E11.81
P/B4.09
P/S4.95
EV/EBITDA11.31
PEG81.52
P/TBV14.10

Valuation history

Annual price overlaid with each model's fair value. Y-axis is log scale.

Annual price and model valuations for MPLX, USD per share
YearPriceAIICGraham-DoddGraham Formula
2011
2012$13.77$19.74
2013$18.66$21.13
2014$29.29$51.04
2015$10.58$15.73
2016$15.50$17.50
2017$16.03$32.73
2018$16.34$27.20
2019$9.91$24.53
2020$16.50$28.81
2021$23.34$43.50
2022$26.45$37.08
2023$33.82$34.88
2024$47.78$36.09
2025$57.40$51.42

Historic valuation ratios

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USD millions

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        About MPLX Lp

        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.

        CEO
        Maryann T. Mannen
        Employees
        5.76K
        Beta
        0.45

        Peer comparison

        Same-industry comparables, ranked by market cap.

        Scroll horizontally for additional metrics. Ticker column stays fixed.

        Peer comparison for MPLX: basic info, valuation models, ratios, profitability, leverage, growth, cash flow, dividends, enterprise value, and Altman Z-score.
        Basic InfoIC ValuationCore ValuationProfitabilityLeverage & LiquidityGrowthCash FlowDividendsEnterprise ValueRisk
        TickerCompany NamePriceMarket CapValueUpsideP/EP/BP/SEV/EBITDAPEGP/TBVGross MarginOperating MarginNet MarginROEROICROADebt/EquityInterest CoverageCurrent RatioQuick RatioNet Debt/EBITDAEPS GrowthSales GrowthFCF GrowthFCF YieldOp Cash Flow RatioCash ROICDividend YieldDividend PayoutShareholder YieldEV/EBITEV/FCFEV/SalesAltman Z-Score
        MPLXMPLX Lp$59.6759.72B$51.42-14%11.814.094.9511.3181.5214.1045.23%40.30%41.57%35.27%13.20%12.30%1.834.841.231.163.2914.49%8.37%-16.13%7.01%1.8211.39%6.88%81.30%7.56%17.3320.126.981.89
        EEni S.p.A.$53.6177.67B$48.59-9%27.701.530.804.221.769.43%5.49%3.17%5.23%3.04%1.64%0.910.551.190.931.460.00%-7.48%-9.04%7.05%0.396.53%4.69%129.90%11.47%19.9219.401.091.55
        EPDEnterprise Products Partn…$37.7581.67B$32.66-13%13.382.641.4911.273.9613.61%13.13%11.05%20.10%11.15%7.58%1.174.901.040.643.39-1.12%-6.44%-16.97%3.77%0.674.81%5.95%79.60%6.33%16.2037.732.131.97
        ETEnergy Transfer LP$20.1369.27B$17.52-13%11.791.960.819.22215.523.1321.79%11.42%5.93%16.43%9.11%4.27%2.082.841.220.854.715.47%-0.05%-47.62%5.72%0.683.85%7.02%82.80%7.02%14.5735.771.661.27
        KMIKinder Morgan, Inc.$30.8568.7B$24.76-20%23.992.344.3014.07140.347.8043.66%28.39%18.03%9.86%6.04%4.17%1.042.670.640.424.3217.09%12.45%7.15%4.42%1.455.10%3.57%85.70%3.57%21.8632.666.211.26
        LNGCheniere Energy, Inc.$256.1453.67B$190.52-26%10.406.992.827.3614.887.0528.97%27.02%27.15%78.08%13.69%11.43%3.615.590.940.762.4269.93%24.44%-22.02%4.45%1.417.74%0.82%8.50%5.74%15.5233.454.192.02
        OKEONEOK, Inc.$86.4254.46B$79.65-8%15.172.341.5610.95313.694.5621.46%20.72%10.10%17.52%10.35%5.30%1.463.910.710.494.204.84%55.42%-14.65%4.66%0.884.71%4.92%74.60%5.06%12.2434.842.541.58
        SLBSlb N.V.$50.5374.99B$40.46-20%19.402.511.8310.2915.1218.21%15.28%9.38%14.28%14.08%6.50%0.479.801.330.881.30-24.44%-1.60%7.20%7.33%0.4415.29%2.45%47.50%6.14%13.4815.342.062.97
        SUSuncor Energy Inc.$60.1070.96B$72.13+20%17.012.232.067.12617.462.4259.08%31.67%12.10%13.20%19.97%6.58%0.4120.861.390.890.912.75%-3.51%-26.99%6.88%1.2511.98%2.79%47.50%5.90%7.4416.662.362.88
        TRPTC Energy Corporation$63.2365.82B$39.24-38%22.123.325.9613.046.3850.03%44.23%23.15%14.92%6.09%3.46%2.231.980.630.335.23-26.19%10.29%53.96%2.27%0.742.36%4.00%88.40%4.27%22.5273.439.960.87

        Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($34.69 ÷ $59.67) − 1 = -41.86% (IC, example).