MPLX LP

MPLX · NYSE

$58.39+$0.21 (+0.36%)TodayMarket closed · Oct 20, 7:50 PM ET

Prev close $58.18

About MPLX

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. The company is headquartered in Findlay, Ohio and currently employs 5,762 full-time employees. The company went IPO on 2012-10-26. The firm's segments include Crude Oil and Products Logistics, and Natural Gas and NGL Services. The Crude Oil and Products Logistics segment is primarily engaged in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. These assets consist of a network of approximately 14,766 miles of wholly and jointly-owned pipelines and associated storage assets, refining logistics assets at 13 refineries, 88 terminals including rail and truck racks, one export terminal, storage caverns, tank farm assets, an inland marine business and a fuels distribution business. The Natural Gas and NGL Services segment provides wellhead to market services including gathering, processing and transportation of natural gas and natural gas liquids.

Employees: 5,762
Headquarters: Findlay, Ohio
Listed: Oct 26, 2012
Sector: Energy
Industry: Oil, Gas & Consumable Fuels
Website: mplx.com

Leadership

MPLX LP executives
Name	Title	Since	Age
Maryann Mannen	—	2021	62
C. Kristopher Hagedorn	—	2017	48
Gregory Floerke	—	—	61
Timothy Aydt	—	—	61
David Heppner	—	—	58
Rick Hessling	—	—	58
Shawn Lyon	—	—	57
Brian Partee	—	—	51
Kristina Kazarian	—	—	42
Rebecca Iten	—	—	44
Kelly Niese	—	—	45
Molly Benson	—	—	58
Christopher Helms	—	—	70
Maria Khoury	—	—	—
John Quaid	—	2021	53
Ray Walker	—	—	67
Christine Breves	—	—	68
Garry Peiffer	—	2012	73
Frank Semple	—	—	73
J. Michael Stice	—	—	65
John Surma	—	—	70

Revenue by product and region

Fiscal year ended Dec 31, 2020: $6.90B total revenue

By product

Service [Member]$2.40B34.8%
Product [Member]$636.00M9.2%
Service, Other [Member]$155.00M2.2%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

MPLX LP suppliers and customers
Company	Relationship	Country	Correlation
Diamondback Energy FANG	Supplier and customer	US	0.92
Western Midstream Prtnrs WES	Supplier and customer	US	0.91
Targa Resources TRGP	Supplier and customer	US	0.90
EnLink Midstream ENLC	Supplier	US	0.87
Rattler Midstrm RTLR	Supplier and customer	US	0.84
Marathon Petroleum MPC	Supplier and customer	US	0.83
DCP Midstream DCP	Supplier and customer	US	0.78
Antero Resources AR	Supplier and customer	US	0.75
Plains GP A PAGP	Supplier and customer	US	0.73
Valero Energy VLO	Customer	US	0.73

Similar companies

Companies in the same industry as MPLX LP

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.