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MPLX LP Company Profile

NYSE: MPLXEnergyNatural Gas DistributionUSD

57.22+0.168 (+0.29%)

Market open · Delayed 15 min · as of Oct 8, 12:21 PM ET

MPLX at a glance

MPLX LP (NYSE: MPLX) is a Natural Gas Distribution company in the Energy sector headquartered in Findlay, OH. MPLX is led by Ms. Maryann T. Mannen. The company's shares have traded publicly since 2012.

At a market capitalization of $58.57 billion, it is considered a large-cap company. Its SEC Central Index Key (CIK) is 0001552000, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does MPLX do?

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, it operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Business description based on the company's public filings.

Company information

Legal name
MPLX LP
Ticker
NYSE: MPLX
Sector
Energy
Industry
Natural Gas Distribution
CEO
Ms. Maryann T. Mannen
Headquarters
200 East Hardin Street, Findlay, OH, United States
Phone
419 422 2121
Website
mplx.com
IPO year
2012
Market cap
$58.57B
SEC CIK
0001552000

Companies similar to MPLX

MPLX peer companies
CompanyPrice% ChgMarket capCompare
TRPTC Energy Corporation59.78+1.43%$62.28Bvs MPLX
TRGPTarga Resources Inc.290.67+2.36%$62.33Bvs MPLX
SREDBA Sempra79.55-0.18%$52.02Bvs MPLX
KMIKinder Morgan Inc.32.31+1.52%$71.94Bvs MPLX
NGGNational Grid Transco PLC National Grid PLC (NEW) ADR76.46+0.46%$76.87Bvs MPLX
EPDEnterprise Products Partners L.P.36.82-0.24%$79.51Bvs MPLX
WMBWilliams Companies Inc. (The)72.68+1.71%$88.90Bvs MPLX
DINOHF Sinclair Corporation119.46+3.31%$21.24Bvs MPLX

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