MPLX LP Common Units Representing Limited Partner Interests
MPLX · NYSE
- $59.84
- $59.72B
- Open
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- $58.53 - $60.09
- $47.80 - $60.95
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- 1.78M
About MPLX LP Common Units Representing Limited Partner Interests
MPLX is a publicly traded midstream partnership that provides infrastructure and services across energy logistics. Its operations include natural-gas gathering and processing, natural-gas-liquids fractionation, and transportation, storage and related logistics for crude oil and refined products. It makes money primarily by charging customers for moving, handling, processing and storing hydrocarbons, serving producers, shippers and affiliated energy businesses. The supplied evidence does not provide revenue contributions by segment. MPLX generated $9.7 billion of revenue and $5.0 billion of net income in FY2025, up from $9.2 billion and $4.4 billion, respectively, in FY2024.
Notable Price Movement
- Aug 3-7$58.850.68%
MPLX rose 2.21%, from $59.20 to $60.51, after recovering from an early-week decline to $57.61. The concrete company-specific catalyst identified in the supplied evidence was a second-quarter earnings and revenue beat, driven by higher gathering and fractionation volumes that lifted EBITDA and by new projects supporting growth. Trading reversed the July 29-30 weakness, then advanced from $58.45 on July 31 to $58.91 on August 3 and $60.51 on August 4, with the latter two sessions accompanied by volumes of 1.60 million and 2.05 million units. No separate market-wide catalyst or broader market context was supplied to explain the move.
