Intrinsiqs

Is MPLX Lp overvalued?

MPLX Lp (MPLX) looks fairly valued — trading about 3% above its fair value.

Fairly valued
Current price $56.52 Fair value $54.79
Price
$56.52
Fair value
$54.79
Current P/E
11.7
Normal P/E
11.4
Market cap
$57.35B
Dividend yield
7.4%
Return on equity
34.3%
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 28 Jun 2026.