NYSE · Energy · Oil & Gas Midstream · USA
MPLX LP is a large cap company (market value between $10 billion and $200 billion) in the Oil & Gas Midstream industry.
MPLX LP is a master limited partnership managing pipelines, terminals, and processing facilities for crude oil, refined products, and natural gas across the United States. Operating through two segments, the company provides gathering, transportation, storage, and distribution services to refiners and energy producers, with a significant relationship serving MPC and customers in major shale regions.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the MPLX LP stock.
Slightly undervalued: intrinsic value $70.50 per share, market price $58.18, margin of safety 17.5% (as of 2026-10-19).
Discounting its cash flows at 7.7% (average of 3 methods) values the shares at $70.50; the price of $58.18 is 17% below that value, and 81% of that value comes from beyond year five.
Leak Score: 64/100 on 11 of 12 signals (Faint Leak).
15 more funds hold it; the full list is part of the paid plan.
All 58 Oil & Gas Midstream stocks
16 more in this industry show a wider margin of safety.
MPLX is slightly undervalued (as of the 2026-10-19 close). Discounting its cash flows at 7.7% (average of 3 methods) values the shares at $70.50; the price of $58.18 is 17% below that value, and 81% of that value comes from beyond year five.
$70.50 per share (as of the 2026-10-19 close), against a market price of $58.18. That is a margin of safety of 17.5%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
The price asks for roughly the growth the company has already delivered. No miracle needed, no discount either. Yearly sales growth the price needs: 4.2%. Yearly sales growth it has sustained: 8.9%.
64 out of 100, which we rate "Faint Leak", on 11 of 12 value investing signals.