NYSE · MPLXIndustrialsTransportation & Logistics

MPLX LP (MPLX)

$56.55+0.53%
Close Nov 5, 2026 · split-adjusted
Nov 4, 2026$56.25▲ 9.86% in range
Nov 4, 2025Low $51.20 · High $60.51Nov 4, 2026
What changed · written from our data
As of Nov 5, 2026

MPLX LP closed at $56.55 on Nov 5, up 0.53%, 6.5% below its 52-week closing high. Volume of 3.3M shares was 2.13× its 20-day average (well above normal).

Split-adjusted performance: -0.9% over one month, +0.5% over six months, +10.4% over one year.

In the quarter ended Sep 30, 2026, revenue was $3.27B, up 12.6% from a year earlier, with a net margin of 35.6%.

Short interest was 6.5M shares at the Oct 15 settlement, down 3.0% from the prior report (5.2 days to cover).

Market cap$57.29B1.01B shares
Revenue · quarter$3.27B+12.6% YoY
Diluted EPS$1.15−24.3% YoY
P/E · TTM13.2×P/S 4.7×
Net margin35.6%Gross 64.3%
Dividend yield8.57%$1.2111 last paid
52-week range51.20 – 60.51−6.5% from high
Volume3.3M2.13× 20-day avg
Volatility · 60d17.1%Annualised
Short % of float—5.2 days to cover
Net cash-$25.62BCash $1.30B
Next earnings—Not scheduled
Split-adjusted performance
1W −5.6%1M −0.9%3M −3.9%6M +0.5%YTD +6.0%1Y +10.4%3Y +56.9%5Y +85.4%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Transportation & Logistics

Percentile among 84 companies (100 = best)

6-month momentum58
Revenue growth42
Net margin98
Value (low P/E)73
Size89

Industry medians: 6-month return −2.3%, revenue growth +14.2%, net margin 3.7%, P/E 19.2×.

Short interest

Details →
Shares short6.5M−3.0% vs prior
Days to cover5.2Settled Oct 15
% of float—
Short vol. 10d60.2%of daily volume

Closest peers by size in Transportation & Logistics

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
MPLXMPLX LP$56.55+0.53%+0.5%+12.6%35.6%13.2$57.29B
DALDelta Air Lines$85.36−4.35%+16.8%+21.1%3.7%17.1$56.16BCompare
NSCNorfolk Southern$329.25−4.33%+5.1%+13.6%21.5%27.6$73.96BCompare
FDXFedEx$316.80−3.83%−15.7%+11.9%1.3%19.1$74.19BCompare
CPCanadian Pacific Kansas City Limited$93.76−0.69%+10.0%+12.7%21.7%29.2$81.53BCompare
CCLCarnival$29.59−5.52%+9.6%+3.5%22.8%12.7$39.79BCompare
RCLRoyal Caribbean Group$322.73−3.13%+14.9%+8.8%30.9%19.0$86.32BCompare
UALUnited Airlines Holdings$110.49−4.55%+10.8%+17.4%5.8%10.0$35.90BCompare
ODFLOld Dominion Freight Line$170.56−4.92%−13.9%+10.4%22.6%32.5$35.37BCompare

Quick answers

What does MPLX LP do?
MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.
What is MPLX's market cap?
$57.29B, based on the Nov 5 close of $56.55.
What is MPLX's P/E ratio?
13.2× trailing-twelve-month earnings of $4.34B.
Does MPLX LP pay a dividend?
Yes. The latest regular dividend was $1.211 per share (ex-date Nov 6), an annualised yield of 8.57%.
What sector is MPLX in?
Industrials, in the Transportation & Logistics industry.

About MPLX LP

MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.

HQ: Findlay, OH5,762 employeesListed Oct 26, 2012mplx.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology