
MPLX (MPLX) Stock Forecast & Price Target
MPLX (MPLX) Analyst Ratings
Bulls say
MPLX is positioned for robust EBITDA growth from 2025 to 2026, driven by key projects such as the Secretariat processing plant and the BANGL pipeline system, alongside expected contributions from the Eiger pipeline and Gulf Coast facilities in subsequent years. The partnership has demonstrated consistent performance with a compounded growth rate of 7% in both EBITDA and discretionary cash flow over the past four years, bolstered by new assets coming online. Additionally, MPLX's governance improvements, including enhanced board independence and the inclusion of common unitholder voting rights, align with best practices in the midstream sector, further solidifying its positive outlook.
Bears say
The negative outlook on MPLX's stock is primarily driven by risks related to project execution, which may lead to increased costs and delays, resulting in lower-than-expected returns. Additionally, sustained weakness in commodity prices, particularly for natural gas and natural gas liquids, is anticipated due to delays in new facility commissioning and rising associated gas production from the Permian region. The partnership's dependency on aging oil and natural gas reserves indicates a natural decline in production over time, leading to diminishing cash flows associated with these wells.
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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