US · Energy · Oil & Gas Midstream
EPS came in at 1.06 against a street estimate of 1.04 — a beat of 1.9%.
Analysts rate MPLX LP a buy (9 buy, 5 hold, 1 sell out of 15) with an average price target of $62.85.
CONFIDENT MPLX delivered $1.8B adjusted EBITDA (+5% YoY), returned $1.1B to unitholders, and raised 2026 capex $500M to $2.9B. Multiple projects ramping H2 2026–2027 support mid-single-digit EBITDA growth and 12.5% distribution increases through 2027. Q2 2026 Delaware/Marcellus achieving strong utilization; Utica growth accelerating. Permian sour gas treating expanded; forecast 35 Bcf/d by 2030 vs. current 25 Bcf/d. Analysts probed project sequencing risk (strong execution defense), fractionation timing (early pull-forward reduces risk), and M&A necessity (organic suffices for 2027). Management emphasized visibility and disciplined capital allocation. 2026-08-04…
Full summary in the app.
| Fund | Stake |
|---|---|
| ALPS Advisors Inc | 2.82% |
| Amvescap Plc. | 1.80% |
| Blackstone Inc | 1.51% |
| The Goldman Sachs Group Inc | 1.23% |
| Tortoise Midstream Energy Fund, Inc. | 1.04% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.72% |
| Kayne Anderson Capital Advisors LP | 0.58% |
| Energy Income Partners, LLC | 0.53% |
| Document | Date |
|---|---|
| Company announcement · Q3 2026 MPLX LP – 8-K FILING SUMMARY (August 24, 2026) HEADLINE NUMBERS • Company: MPLX LP, a Delaware limited partnership (ticker: MPLX, NYSE) • Filing date | 2026-08-24 |
| Quarterly report · Q2 2026 MPLX LP – Q2 2026 10-Q SUMMARY FOR RETAIL INVESTORS --- HEADLINE NUMBERS • Net income (6 months ended June 30, 2026): $1,989 million ($1.96 per uni | 2026-08-04 |
| Results announced · Q3 2026 MPLX LP Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income attributable to MPLX: $1,077 million (Q2 2026) vs. $1,048 million (Q2 2025) — increas | 2026-08-04 |
| Quarterly report · Q1 2026 MPLX LP - Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Net income Q1 2026: $912 million (down from $1,126 million in Q1 2025) • Revenue and other income | 2026-05-05 |
| Results announced · Q2 2026 MPLX LP Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income attributable to MPLX: $912 million (Q1 2026) vs $1,126 million (Q1 2025) — decrease o | 2026-05-05 |
| Results announced · Q2 2026 REVOLVING CREDIT AGREEMENT – MPLX LP HEADLINE NUMBERS • Total Revolving Credit Commitment: $2,500,000,000 (as of the agreement date April 7, 2026) • | 2026-04-13 |
| Annual report FY2025 MPLX LP – 2025 10-K SUMMARY HEADLINE NUMBERS • Fiscal year ended December 31, 2025 • Market cap (non-affiliate units): $19.1 billion as of June 30, | 2026-02-26 |
| Quarterly report · Q3 2025 MPLX LP – Q3 2025 FORM 10-Q SUMMARY HEADLINE NUMBERS • Net income (9 months ended Sept 30, 2025): $3,749 million ($3.65 per unit, basic and diluted) | 2025-11-04 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $1.08 / share ex-date Aug 7, 2026 · pay Aug 14, 2026 | 2026-08-07 |
| Dividend | $1.08 / share ex-date May 8, 2026 · pay May 15, 2026 | 2026-05-08 |
| Dividend | $1.08 / share ex-date Feb 9, 2026 · pay Feb 17, 2026 | 2026-02-09 |
| Dividend | $1.08 / share ex-date Nov 7, 2025 · pay Nov 14, 2025 | 2025-11-07 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for MPLX LP — free to start.
Google PlayApp StoreData updated 2026-09-18.