Mplx Lp (MPLX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Mplx Lp (MPLX) stock forecast summary
On Oct. 16, 2026, MPLX is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
Mplx Lp is a large-cap company with a market capitalization of $58.97B. It ranks number 2 by market capitalization among the 8 Pipe Lines (No Natural Gas) issuers in our coverage with a current forecast.
For MPLX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -1.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -3.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How MPLX ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Mplx Lp (MPLX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Pipe Lines (No Natural Gas) peers listed below that report each metric.
Valuation & Market
| Metric | MPLX | Rank |
|---|---|---|
| Market Cap | $58.97B | 2/8 |
| P/E Ratio | 12.47x | 4/7 |
| Revenue/Share | $13.04 | – |
| FCF/Share | $3.29 | – |
Profitability & Margins
| Metric | MPLX | Rank |
|---|---|---|
| ROA | 11.0% | – |
| ROIC | 14.8% | 2/5 |
| Operating Margin | 44.4% | 1/7 |
| Net Margin | 35.8% | 1/5 |
| EBT Margin | 36.1% | 1/7 |
| Tax Rate | 0.2% | – |
Financial Health
| Metric | MPLX | Rank |
|---|---|---|
| Current Ratio | 0.89x | 7/8 |
| Quick Ratio | 0.83x | 7/8 |
| Interest Coverage | 4.3x | 2/6 |
| Working Capital | -$348M | 7/8 |
Cash Flow
| Metric | MPLX | Rank |
|---|---|---|
| Operating Cash Flow | $5.98B | 2/7 |
| Free Cash Flow | $3.34B | 1/7 |
| Capital Spending | -$2.64B | 6/7 |
| OCF Growth YoY | -1.6% | 6/7 |
| FCF Growth YoY | -32.1% | 4/5 |
| FCF/Sales | 25.2% | 1/7 |
| CapEx/Sales | 20.0% | 1/7 |
Operational Efficiency
| Metric | MPLX | Rank |
|---|---|---|
| Asset Turnover | 0.31x | 5/5 |
| Receivables Turnover | 19.7x | 2/6 |
| Fixed Assets Turnover | 0.6x | 6/7 |
| Days Sales Outstanding | 19 days | 5/6 |
Income Statement
| Metric | MPLX | Rank |
|---|---|---|
| Total Revenue | $13.22B | 5/7 |
| Operating Income | $5.88B | 2/7 |
| Net Income | $4.73B | 1/5 |
Dividend & Shareholder Information
| Metric | MPLX | Rank |
|---|---|---|
| Shares Outstanding | 1014M | – |
| Net Income Growth | 9.7% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $2.88B | 6.7% of assets |
| Cash & Short-term Investments | $1.03B | 2.4% of assets |
| Accounts Receivable | $672M | 1.6% of assets |
| Inventory | $200M | 0.5% of assets |
| Total Liabilities | $28.72B | 66.8% of assets |
| Short-term Debt | $3.07B | 7.1% of assets |
MPLX quarterly financials and insider trading
Mplx Lp (MPLX) industry peers
Companies classified under the same SEC industry code as Mplx Lp (Pipe Lines (No Natural Gas)): 8 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| MPLX Mplx Lp | ▶ | $58.97B |
| ENB Enbridge Inc | ▼ | $105.05B |
| DINO Hf Sinclair Corp | ▶ | $22.27B |
| PAA Plains All American Pipeline Lp | ▼ | $17.80B |
| SOBO South Bow Corp | ▼ | $7.24B |
| PAGP Plains Gp Holdings Lp | ▼ | $5.43B |
| DKL Delek Logistics Partners, Lp | ▼ | $3.06B |
| GEL Genesis Energy Lp | ▲ | $1.74B |
Where MPLX sits on the market map
Mplx Lp (MPLX) stock news
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Mplx Lp (MPLX) stock forecast FAQ
What is the Mplx Lp (MPLX) stock forecast?
On Oct. 16, 2026, MPLX is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
How accurate are Mplx Lp stock predictions?
For MPLX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -1.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -3.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Mplx Lp forecasts updated?
Mplx Lp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Mplx Lp's industry peers?
8 issuers in our coverage, MPLX included, share the SEC industry code Pipe Lines (No Natural Gas). The largest are: Enbridge Inc (ENB), Hf Sinclair Corp (DINO), Plains All American Pipeline Lp (PAA), South Bow Corp (SOBO), Plains Gp Holdings Lp (PAGP), Delek Logistics Partners, Lp (DKL).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.