MPLX · Mplx LP
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted EBITDA attributable to MPLX LP non-GAAP | $1.78B | Three Months Ended June 30, 2026 | — |
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| Average pipeline tariff rates | $1.07 | Three Months Ended June 30, 2026 | — |
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| C2 + NGLs fractionated | 680 | Three Months Ended June 30, 2026 | — |
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| Consolidated total debt to LTM adjusted EBITDA non-GAAP | 3.7 | Three Months Ended June 30, 2026 | — |
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| Crude Oil and Products Logistics segment adjusted EBITDA non-GAAP | $1.16B | the second quarter of 2026 | — |
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| Distributable cash flow attributable to MPLX LP non-GAAP | $1.45B | Three Months Ended June 30, 2026 | — |
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| Gathering throughput | 6,859 | Three Months Ended June 30, 2026 | — |
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| Natural Gas and NGL Services segment adjusted EBITDA non-GAAP | $614M | the second quarter of 2026 | — |
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| Natural gas processed | 9,590 | Three Months Ended June 30, 2026 | — |
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| Pipeline throughput | 5,876 | Three Months Ended June 30, 2026 | — |
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| Terminal throughput | 3,259 | Three Months Ended June 30, 2026 | — |
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| Adjusted free cash flow non-GAAP | $549M | Q1 2026 | — |
| Cash paid for common unit repurchases | $50M | Q1 2026 | — |
| Distribution coverage | 1.3 | Q1 2026 | — |
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| Distribution per common unit | $1.08 | Q1 2026 | — |
| Average tariff rates | $1.06 | Twelve Months Ended December 31, 2025 | — |
| Segment adjusted EBITDA non-GAAP | $4.55B | Twelve Months Ended December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Midstream — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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MPLX
this stock
Mplx LP
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$60.30B | +11.4% | +8.9% | — | 0.8% |
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ENB
Enbridge Inc
|
$111.19B | +6.4% | — | — | 1.4% |
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WMB
Williams Companies, Inc.
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$90.15B | +25.1% | +13.8% | 29.4 | 2.2% |
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EPD
Enterprise Products Partners L.P.
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$84.00B | +21.3% | -6.4% | — | 0.8% |
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KMI
Kinder Morgan, Inc.
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$73.08B | +19.4% | +12.2% | 21.0 | 2.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MPLX | +1.1% | +4.2% | +1.2% | +1.8% | +11.5% |
| SPY | +0.4% | +4.5% | +13.8% | +3.9% | +13.9% |
| vs SPY | +0.7% | -0.2% | -12.6% | -2.2% | -2.4% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.