
MPLX (MPLX) Stock Forecast & Price Target
MPLX (MPLX) Analyst Ratings
Bulls say
MPLX is positioned for strong EBITDA growth from 2025 to 2026, bolstered by the ramp-up of key projects such as the Secretariat processing plant and the BANGL pipeline system. The partnership has demonstrated a compounded growth rate of 7% in both EBITDA and DCF over the last four years, with expectations for continued growth driven by durable cash flows from new assets. Furthermore, MPLX's diverse asset base and ongoing infrastructure developments, including the Eiger pipeline and Gulf Coast facilities, provide a positive outlook for mid-single digit EBITDA growth and increasing distributions in the coming years.
Bears say
The negative outlook on MPLX's stock is primarily influenced by significant project execution risks that may result in unexpected costs and delays, leading to lower-than-expected financial returns. Furthermore, a sustained downturn in natural gas and natural gas liquids (NGL) prices, exacerbated by delays in new facility commissioning and increasing production in the Permian region, raises concerns about the partnership's profitability. Lastly, reliance on declining oil and natural gas reserves presents volume risks that could systematically reduce cash flows over time, creating additional financial vulnerabilities for the partnership.
This aggregate rating is based on analysts' research of MPLX and is not a guaranteed prediction by Public.com or investment advice.
MPLX (MPLX) Analyst Forecast & Price Prediction
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