Intrinsiqs

Is MPLX Lp overvalued?

MPLX Lp (MPLX) looks fairly valued — trading about 4% above its fair value.

Fairly valued
Current price $56.80 Fair value $54.29
Price
$56.80
Fair value
$54.29
Current P/E
11.8
Normal P/E
11.3
Market cap
$57.64B
Dividend yield
7.3%
Return on equity
33.4%
Sector
Energy

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Fair value compares MPLX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.