MPLX LP Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
1.9%projected annual EPS growth
Analyst Coverage
13analysts covering
FY Revenue (est.)
$13.1Bnext fiscal year
FY EPS (est.)
$4.32next fiscal year
Monitoring Framework
Key Performance Indicators
Adjusted EBITDA Quarterly1.7BTarget: Mid-single digit growth over multi-year periods
Distribution Coverage Ratio Quarterly130.0%Target: 1.3x to 1.4x
Leverage Ratio (Consolidated Debt to LTM Adjusted EBITDA) Quarterly3.7xTarget: Comfortable near 4.0x, targeting reduction post-acquisition
Watch Items
- Northwind Midstream Integration and LeverageTrigger: Leverage ratio exceeding 4.0xAction: Prioritize debt paydown and moderate capital expenditures to protect the distribution coverage ratio.
- Marathon Petroleum Corporation (MPC) Strategic AlignmentTrigger: MPC volume commitments or revenue contribution dropping below 45%Action: Re-evaluate contract terms, minimum volume commitments, and seek third-party customer diversification.
Research as of 2 Sep 2026