What is the enterprise value (EV) for MPLX Lp (MPLX)?

The enterprise value (EV) for MPLX stock is $82.84B.

MPLX (MPLX) Enterprise Value: History & Chart

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MPLX Lp(MPLX)

Oil & Gas Midstream · Findlay, OH

$58.41-0.19 (-0.32%)

Delayed quote: Aug 21, 2026, 4:00 PM EDT

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About MPLX Lp

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 liquids. It also handles the collection, storage, transportation, and distribution of crude oil, refined products, and other hydrocarbon-based goods, including the sale of residue gas and condensate. Furthermore, the company manages inland marine businesses, focusing on the transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks within the Mid-Continent and Gulf Coast regions, utilizing its owned and third-party chartered boats and barges, and maintaining a marine repair facility on the Ohio River. Complementing these activities, MPLX oversees fuel distribution, refining logistics, terminals, rail facilities, and storage caverns, and operates specialized terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through various modes including pipeline, rail, marine, and over-the-road transport.

Findlay, OH

5,762 employees

www.mplx.com

Energy / Oil & Gas Midstream

Sector: Energy
Industry: Oil & Gas Midstream
CEO: Maryann T. Mannen

View full financials

NAME	MARKET CAP	ENTERPRISE VALUE (EV)
MPLX Lp (MPLX)	$59.27B	$82.84B
Diamondback Energy, Inc. (FANG)vs ›	$59.28B	$71.45B
ONEOK, Inc. (OKE)vs ›	$58.81B	$91.67B
Occidental Petroleum Corporation (OXY)vs ›	$60.97B	$71.45B
Baker Hughes Company (BKR)vs ›	$61.88B	$62.69B
Targa Resources Corp. (TRGP)vs ›	$64.20B	$84.20B
Devon Energy Corporation (DVN)vs ›	$54.01B	$64.83B
Kinder Morgan, Inc. (KMI)vs ›	$68.99B	$101.22B
Energy Transfer LP (ET)vs ›	$72.92B	$141.96B
Cameco Corporation (CCJ)vs ›	$44.65B	$44.01B

NAME

MARKET CAP

ENTERPRISE VALUE (EV)

MPLX Lp (MPLX)

$59.27B

$82.84B

Diamondback Energy, Inc. (FANG)vs ›

$59.28B

$71.45B

ONEOK, Inc. (OKE)vs ›

$58.81B

$91.67B