MPLX stock price has found consistent support from institutional buying, reflecting confidence in its low volatility and predictable cash flows. Volumes are still on the rise, but earnings growth has slowed due to rising operating expenses. Despite the challenge, MPLX's dividend is on a stable footing. Free cash flow that reached $4.82 per share over the past 12 months is more than sufficient to meet its dividend obligation, which is currently set at $3.826 per share. Adding some shares to a diversified portfolio now looks like a great way to build a stream of passive income that can fuel your retirement plans. While we acknowledge the potential of MPLX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . Technical traders highlight MPLX stock price’s 14-day Relative Strength Index hovering near 61, suggesting room for further upside before overbought conditions.
