Mplx (MPLX) – Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Mplx (NYSE: MPLX):

• 3/24/2026 – Mplx is now covered by Truist Financial Corporation. They set a “buy” rating and a $67.00 price target on the stock.
• 3/23/2026 – Mplx was upgraded by Truist Financial Corporation to “strong-buy”.
• 3/23/2026 – Mplx was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/16/2026 – Mplx had its price target raised by UBS Group AG from $64.00 to $73.00. They now have a “buy” rating on the stock.
• 3/15/2026 – Mplx was downgraded by Wall Street Zen from “buy” to “hold”.
• 3/13/2026 – Mplx had its price target raised by Wells Fargo & Company from $59.00 to $63.00. They now have an “overweight” rating on the stock.
• 3/10/2026 – Mplx had its price target raised by JPMorgan Chase & Co. from $58.00 to $60.00. They now have a “neutral” rating on the stock.
• 3/7/2026 – Mplx was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/4/2026 – Mplx had its price target raised by Stifel Nicolaus from $57.00 to $59.00. They now have a “buy” rating on the stock.
• 2/10/2026 – Mplx had its price target raised by Citigroup Inc. from $54.00 to $55.00. They now have a “neutral” rating on the stock.

Mplx Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were issued a dividend of $1.0765 per share. This represents a $4.31 annualized dividend and a yield of 7.3%. The ex-dividend date was Monday, February 9th. Mplx’s payout ratio is 89.42%.

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.