MPLX LP (MPLX) stock

MPLXNYSEPipe Lines (No Natural Gas)Fiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 5/303% above fair value

$60.16+0.27 (+0.45%)

Close on Oct 30, 2026Market cap $60.99BP/E –Yield –

Earnings

Mplx Lp's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Nov 3, 2026

Q3 FY2026 · estimated, before the open

Revenue, Q2 FY2026

$3.31B

+10.3% on a year earlier

EPS, Q2 FY2026

$1.06

$1.03 a year earlier

Latest guidance

Raised

Aug 4, 2026 · 3 items

Quarterly results

Revenue and earnings per share from each of Mplx Lp's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Source
Q3 FY2026ended Sep 30, 2026	Nov 3, 2026Expected	–	–	–	–
Q2 FY2026ended Jun 30, 2026	Aug 4, 2026before the open	$3.31B	+10.3%	$1.06	Release
Q1 FY2026ended Mar 31, 2026	May 5, 2026before the open	$3.04B	–	$0.90	Release
Q4 FY2025ended Dec 31, 2025	Feb 3, 2026before the open	–	–	–	Release
Q3 FY2025ended Sep 30, 2025	Nov 4, 2025before the open	$3.62B	+21.8%	$1.52	Release
Q2 FY2025ended Jun 30, 2025	Aug 5, 2025before the open	$3.00B	-1.6%	$1.03	Release
Q1 FY2025ended Mar 31, 2025	May 6, 2025before the open	–	–	–	Release
Q4 FY2024ended Dec 31, 2024	Feb 4, 2025before the open	–	–	–	Release
Q3 FY2024ended Sep 30, 2024	Nov 5, 2024before the open	$2.97B	+2.1%	$1.01	Release
Q2 FY2024ended Jun 30, 2024	Aug 6, 2024before the open	$3.05B	+13.5%	$1.15	Release
Q1 FY2024ended Mar 31, 2024	Apr 30, 2024before the open	$2.85B	+4.9%	$0.98	Release
Q4 FY2023ended Dec 31, 2023	Jan 30, 2024before the open	$2.97B	+11.4%	$1.10	Release
Q3 FY2023ended Sep 30, 2023	Oct 31, 2023before the open	$2.91B	-14.4%	$0.89	Release
Q2 FY2023ended Jun 30, 2023	Aug 1, 2023before the open	$2.69B	-8.5%	$0.91	Release
Q1 FY2023ended Mar 31, 2023	May 2, 2023before the open	$2.71B	+3.9%	$0.91	Release
Q4 FY2022ended Dec 31, 2022	Jan 31, 2023before the open	$2.66B	-2.6%	$0.78	Release
Q3 FY2022ended Sep 30, 2022	Nov 1, 2022before the open	$3.40B	+32.9%	$1.36	Release
Q2 FY2022ended Jun 30, 2022	Aug 2, 2022before the open	$2.94B	–	$0.83	Release
Q1 FY2022ended Mar 31, 2022	May 3, 2022before the open	$2.61B	–	$0.78	Release
Q4 FY2021ended Dec 31, 2021	Feb 2, 2022before the open	$2.73B	–	$0.78	Release
Q3 FY2021ended Sep 30, 2021	Nov 2, 2021before the open	$2.56B	–	$0.74	Release
Q2 FY2021ended Jun 30, 2021	Aug 4, 2021before the open	–	–	–	Filing
Q1 FY2021ended Mar 31, 2021	May 4, 2021before the open	–	–	–	Filing
Q4 FY2020ended Dec 31, 2020	Feb 2, 2021before the open	–	–	–	Filing
Q3 FY2020ended Sep 30, 2020	Nov 2, 2020before the open	–	–	–	Filing
Q2 FY2020ended Jun 30, 2020	Aug 3, 2020before the open	–	–	–	Filing

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Mplx Lp's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
growth capital spending	FY2026	$2.90B	$2.70B	Raised	Aug 4, 2026
distribution increases	FY2026	+12.5%	–	New	Aug 4, 2026
distribution increases	FY2027	+12.5%	–	New	Aug 4, 2026

Guidance history

Every forecast Mplx Lp put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Aug 4, 2026	growth capital spending	FY2026	$2.90B	Raised
Aug 4, 2026	distribution increases	FY2026	+12.5%	New
Aug 4, 2026	distribution increases	FY2027	+12.5%	New
Feb 3, 2026	capital spending outlook	FY2026	$2.70B	New
Feb 3, 2026	organic growth capital plan	FY2026	$2.40B	Lowered
Feb 4, 2025	capital spending	FY2025	$2.00B	New
Feb 4, 2025	Natural Gas and NGL Services growth capital	FY2025	$1.45B	Lowered
Feb 4, 2025	Crude Oil and Products Logistics growth capital	FY2025	$250.00M	Lowered
Feb 4, 2025	maintenance capital	FY2025	$300.00M	Raised
Jan 30, 2024	capital spending	FY2024	$1.10B	New
Jan 31, 2023	capital spending outlook	FY2023	$950.00M	New
Aug 2, 2022	growth capital spending outlook	FY2022	$700.00M	Lowered
Feb 2, 2022	capital spending outlook	FY2022	$900.00M	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.