MPLXNYSE
MPLX LP
$56.08
ListedOct 26, 2012
SectorEnergy
IndustryOil & Gas Midstream
CountryUnited States
Employees-
StateOH| CityFindlay| Address200 East Hardin Street| Phone419 422 2121
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, it operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Key Indicators

Key financial and dividend metrics for this stock.

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P/E Ratio
11.9
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Div. Rate
$4.31
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Div. Yield
7.88%
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Payout Ratio
88.01%
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Max Consec. Div. Years
13 years
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Longest Consec. Div.
13 years
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Div. Coverage
100%
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Div. Stability Rate
0.15
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Div. Growth Rate
100.00%
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Score
96

Dividend History

Historical dividend payments by ex-dividend date.

Feb 9, 2027
$ 1.0800
May 8, 2026
$ 1.0800
Feb 9, 2026
$ 1.0800
Nov 7, 2025
$ 1.0800
Aug 8, 2025
$ 0.9600
May 9, 2025
$ 0.9600
Feb 3, 2025
$ 0.9600
Nov 8, 2024
$ 0.9600
Aug 9, 2024
$ 0.8500
May 2, 2024
$ 0.8500
Feb 2, 2024
$ 0.8500
Nov 2, 2023
$ 0.8500
Aug 3, 2023
$ 0.7800
May 4, 2023
$ 0.7800
Feb 3, 2023
$ 0.7800
Nov 14, 2022
$ 0.7800
Aug 4, 2022
$ 0.7000
May 5, 2022
$ 0.7000
Feb 3, 2022
$ 0.7000
Nov 10, 2021
$ 0.7000
Aug 5, 2021
$ 0.6900
May 6, 2021
$ 0.6900
Feb 5, 2021
$ 0.6900
Nov 5, 2020
$ 0.6900
Aug 6, 2020
$ 0.6900
May 7, 2020
$ 0.6900
Feb 3, 2020
$ 0.6900
Nov 1, 2019
$ 0.6800
Aug 2, 2019
$ 0.6680
May 8, 2019
$ 0.6580
Feb 4, 2019
$ 0.6480
Nov 2, 2018
$ 0.6380
Aug 3, 2018
$ 0.6280
May 4, 2018
$ 0.6180
Feb 2, 2018
$ 0.6080
Nov 3, 2017
$ 0.5880
Aug 3, 2017
$ 0.5630
May 4, 2017
$ 0.5400
Feb 2, 2017
$ 0.5200
Nov 2, 2016
$ 0.5150
Jul 29, 2016
$ 0.5100
Apr 29, 2016
$ 0.5050
Feb 2, 2016
$ 0.5000
Oct 30, 2015
$ 0.4700
Jul 31, 2015
$ 0.4400
May 1, 2015
$ 0.4100
Jan 30, 2015
$ 0.3830
Oct 31, 2014
$ 0.3580
Jul 31, 2014
$ 0.3430
May 1, 2014
$ 0.3280
Jan 31, 2014
$ 0.3130
Oct 31, 2013
$ 0.2970
Jul 31, 2013
$ 0.2850
May 8, 2013
$ 0.2730
Jan 31, 2013
$ 0.1770

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