MPLX
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MPLX LP (MPLX) closed at $57.99 as of 2026-03-20, trading 58.1% above its 200-week moving average of $36.68. The stock is currently moving closer to the line, down from 60.3% last week. The 14-week RSI sits at 66, indicating neutral momentum.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.10 ratio) is neutral — neither side is clearly dominating.
Over the past 651 weeks of data, MPLX has crossed below its 200-week moving average 6 times. On average, these episodes lasted 42 weeks. The average one-year return after crossing below was -11.2%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $59.0 billion, MPLX is a large-cap stock. The company generates a free cash flow yield of 3.4%. Return on equity stands at 34.7%, indicating strong profitability. The stock trades at 4.1x book value.
Over the past 12.6 years, a hypothetical investment of $100 in MPLX would have grown to $417, compared to $480 for the S&P 500. MPLX has returned 12.0% annualized vs 13.3% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MPLX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MPLX Crosses Below the Line?
Across 6 historical episodes, buying MPLX when it crossed below its 200-week moving average produced an average return of -10.8% after 12 months (median -25.0%), compared to +11.7% for the S&P 500 over the same periods. 17% of those episodes were profitable after one year. After 24 months, the average return was +4.0% vs +32.5% for the index.
Each line shows $100 invested at the moment MPLX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MPLX has crossed below its 200-week MA 6 times with an average 1-year return of +-11.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2015 | Aug 2015 | 2 | 6.5% | -24.9% | +214.1% |
| Aug 2015 | Aug 2018 | 153 | 60.4% | -24.7% | +206.9% |
| Aug 2018 | Jan 2019 | 21 | 11.1% | -18.5% | +230.6% |
| Feb 2019 | Feb 2019 | 1 | 1.2% | -23.3% | +260.2% |
| Jul 2019 | Jan 2021 | 75 | 60.7% | -28.7% | +293.0% |
| Jan 2021 | Feb 2021 | 2 | 1.9% | +52.7% | +306.6% |
| Average | 42 | — | +-11.2% | — |
Frequently Asked Questions
Is MPLX below its 200-week moving average?
No. MPLX LP (MPLX) is currently 58.1% above its 200-week moving average of $36.68. It would need to fall to $36.68 to cross below the line.
What is MPLX's 200-week moving average price?
MPLX LP's 200-week moving average is $36.68 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MPLX drops below its 200-week moving average?
MPLX has crossed below its 200-week moving average 6 times in our data. The average one-year return after these crossings was -11.2%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 42 weeks on average.
Is MPLX a good value right now?
Here's what our data says about MPLX as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 66. Free cash flow yield is 3.4%. Return on equity is 34.7%. Price-to-book is 4.1x. This is not a buy or sell recommendation — always do your own research.
How does MPLX compare to the S&P 500?
Over the past 12.6 years, $100 invested in MPLX would have grown to $417, compared to $480 for the S&P 500. That's 12.0% annualized vs 13.3% for the index. MPLX has underperformed the broader market over this period.
Does MPLX pay a dividend?
Yes. MPLX LP currently pays a dividend yield of 743.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20