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A year-by-year projected price path from the sell-side EPS consensus, with an editable target P/E and the implied annual return from today's price.
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MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas…

At the 24% federal marginal bracket, roughly one of every four dollars of ordinary dividend income earned in a taxable brokerage account is handed to the IRS.

MPLX stock is making headlines amid a spate of midstream dividend hikes, among other reasons. Enthusiasm for natural gas liquids (NGLs) is another reason investors are eyeballing this midstream stock.

FINDLAY, Ohio, Aug. 17, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2025 Schedule K-3 investor tax packages reflecting items of international tax relevance are now available on its website, https://www.mplx.com. Investors may select the Investor Data link under the Investors tab or use the following link: https://www.taxpackagesupport.com/mplxlp.

These energy companies are moving forward with an important new pipeline system.

/PRNewswire/ -- WhiteWater today announced that it, together with Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: