MPLX
MPLX Lp
NYSE · Energy · Oil & Gas Midstream · US
$59.00
−0.57%Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
ValuationView details →
P/E (Fwd)
12.8x
EV/EBITDA
11.6x
Market Cap
$59.82B
MomentumView details →
1D Return
−0.57%
YTD Return
+11.05%
RSI (14)
54.2
ValuationView details →
P/E (Fwd)
12.8x
EV/EBITDA
11.6x
Market Cap
$59.82B
RSI (14)
54.2
MomentumView details →
1D Return
−0.57%
YTD Return
+11.05%
SummaryUpdated Jun 1, 2026
MPLX LP (NYSE:MPLX) is a master limited partnership founded in 2012 as a subsidiary of Marathon Petroleum Corporation. The company operates as one of the largest diversified midstream energy infrastructure companies in the United States, with operations spanning natural gas gathering and processing, crude oil and refined product transportation, and marine logistics services. Headquartered in Findlay, Ohio, MPLX has grown through strategic acquisitions and organic expansion to become a critical link in America's energy supply chain, processing over 10% of all U.S. natural gas production.
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MPLX LP priced $2.25 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering on August 10, 2026, with proceeds intended to redeem its outstanding $1.25 billion 4.125% senior notes due 2027 and for general partnership purposes.25d agoMPLX LP is executing a $2.4 billion organic growth plan to expand processing in the Delaware and Marcellus Basins and advance Permian gas egress.30d ago