—
C+
C+ The full Closelook — membership. Open the C+ overview

MPLX LP (MPLX) — chart, structure and Closelook read

Home› Indices›
Pick a ticker to load its detail page.

Company snapshot — MPLX LP

MPLX in five paragraphs: what it makes and sells, where it sits in the Closelook stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
MPLX runs midstream energy infrastructure across the United States, moving and storing fuels rather than producing them. It works through two segments: one that gathers, transports and stores crude oil and refined products, and another that gathers, processes and fractionates natural gas and natural gas liquids. It also operates river barges that carry fuels and chemicals along the Mid-Continent and Gulf Coast, plus terminals that receive, blend and redeliver refined products by pipeline, rail, marine and truck. It is based in Findlay, Ohio, and operates as a subsidiary of Marathon Petroleum.
Where it sits in the stack
MPLX holds no seat in Closelook's index. It sits in our Energy sleeve, on the midstream side of the US oil and gas universe, functioning as a logistics and storage operator rather than a producer or refiner.
Who it is priced against
Closelook's peer group places it with other US Energy names scored by the diary, including Cenovus Energy, YPF, Petrobras and Venture Global; the market also names Enterprise Products Partners as a comparison among midstream operators.
Why Closelook tracks it
MPLX carries a Closelook score across the diary's modules, with quality reading as its strongest module and valuation as its weakest; it holds no seat in Rubin or the diary's other indices.
What the diary watches
The diary watches whether the recent run of down sessions continues or whether the shares steady relative to their longer-term trend.

MPLX LP (MPLX) trades on US exchanges.

Written from the company’s public profile and Closelook’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Signals for this name

Every Closelook reading that exists for MPLX, from the same nightly bakes the boards use. Research diary readings, not advice.

The Street on this name 1 analyst action on the wire · latest: price target by RBC Capital, 2026-08-21

The Street on this name

Analyst actions and the latest print for MPLX from the Closelook wires — third-party opinions on the record, not our readings.

  • Price target RBC Capital — target 64 from 60 Target raised to $64 from $60 (+9.6% to spot) 2026-08-21

1 action on the analyst wire since 2026-08-13: 1 target change. Analyst wire → · Earnings wire →

Who it is priced against Oil & Gas Midstream · US · 8 names with week and year-to-date

Peer group

Oil & Gas Midstream · US

This name carries no Closelook score, so its cohort ranks on trend state — distance to the 50- and 200-day averages — never on a score it does not have.

Compared against MPLX on the nightly bakes; the Peers tab ranks the cohort on the Closelook scores where it exists.

Dividends and capital return trailing yield 7.28%, quarterly · buybacks 400 m USD in FY2025

Dividends and capital return

What MPLX pays out and buys back — distributions read from the price series, money terms from the filings.

  • Trailing 12 months 4.31 USD per share · a 7.28% yield on the 2026-09-22 close 4 distributions, paid quarterly 2026-09-22
  • Change on the year +50.1% against the prior twelve months prior twelve months 2.87 USD per share
  • Last distribution 1.08 USD per share as the price series records it, within days of the ex-date 2026-08-07
  • By calendar year 2025: 3.95 USD (partial) · 2026: 3.23 USD to date first distribution recorded in the three-year window: 2025-02-03
  • Dividends paid, FY2025 4.02 bn USD 95% of earnings
  • Buybacks, FY2025 400 m USD 0.7% of today's market value
  • Share count +0.2% in FY2025
  • Capital returned 4.42 bn USD · 108% of free cash flow dividends and buybacks together, against the year’s free cash flow

Per-share amounts are derived from the adjusted price series in the listing currency, so dates sit within days of the ex-date; filing figures come from the fundamentals feed for the last reported fiscal year. An investment diary, not a recommendation.

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 66/100 · S&P 500 fund at 64, bullish alignedEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-09-22
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 99th percentile of the window, +10.8% over 20 sessions. Factor regime → 2026-09-22
  • Sovereign pressure Index -0.03 · down 0.40 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-09-22

FAQ · from the current data · as of 2026-09-23

Quick answers

What is MPLX LP (MPLX)?

MPLX LP trades as MPLX on the US exchange (US) in the Closelook research universe, as of the registry build of 2026-09-23.

Is MPLX in a Closelook index?

Not currently — MPLX LP is tracked in the Closelook research universe but is not a constituent of a Closelook functional index as of 2026-09-23.

Where does MPLX trade against its moving averages?

Uptrend stack intact: Trades +1.4% vs the 50-day and +7.4% vs the 200-day average, 2% below the 52-week high and +33.8% off the 52-week low. Computed from daily closes. As of 2026-09-22 — a technical state from the nightly Closelook bake, not advice. The Technical tab carries the full row.

What does MPLX LP do?

MPLX runs midstream energy infrastructure across the United States, moving and storing fuels rather than producing them. It works through two segments: one that gathers, transports and stores crude oil and refined products, and another that gathers, processes and fractionates natural gas and natural gas liquids. It also operates river barges that carry fuels and chemicals along the Mid-Continent and Gulf Coast, plus terminals that receive, blend and redeliver refined products by pipeline, rail, marine and truck. Closelook's peer group places it with other US Energy names scored by the diary, including Cenovus Energy, YPF, Petrobras and Venture Global; the market also names Enterprise Products Partners as a comparison among midstream operators.

Where does MPLX LP sit in the AI build-out?

MPLX holds no seat in Closelook's index. It sits in our Energy sleeve, on the midstream side of the US oil and gas universe, functioning as a logistics and storage operator rather than a producer or refiner. MPLX carries a Closelook score across the diary's modules, with quality reading as its strongest module and valuation as its weakest; it holds no seat in Rubin or the diary's other indices.

Does MPLX LP pay a dividend?

MPLX LP has paid 4.31 USD per share over the last twelve months, paid quarterly, a trailing yield of 7.28% on the 2026-09-22 close; the last distribution recorded in the price series was 1.08 USD on 2026-08-07. In fiscal 2025 the company paid 4.02 bn USD in dividends and bought back 400 m USD of its own shares, 108% of that year’s free cash flow. The share count rose 0.2% over the fiscal year. The "Dividends and capital return" block on this page carries the lines.

What has Wall Street done on MPLX LP recently?

The most recent analyst action on MPLX LP on the Closelook wire is a price target by RBC Capital on 2026-08-21 (target 64 from 60). 1 action on the analyst wire since 2026-08-13: 1 target change. Analyst actions are third-party opinions recorded by the wire, not Closelook readings. The “The Street on this name” block on this page lists the moves; the full feeds are the analyst wire and the earnings wire.

What does this page show?

A live price chart with SMA overlays and drawing tools for MPLX, performance metrics, index-membership context and the Closelook structure read — an investment research diary view, not investment advice.

Related in the Closelook universe

then Oil & Gas Midstream, then Energy. Scored names rank on their Closelook score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.