MPLX LP (MPLX)

NYSE: MPLX · IEX Real-Time Price · USD
41.52
+0.21 (0.51%)
Mar 28, 2024, 1:19 PM EDT - Market open

Company Description

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States.

It operates in two segments, Logistics and Storage, and Gathering and Processing. 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 the inland marine businesses comprising fleet of boats and barges transportation of 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, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of 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.

MPLX LP
MPLX LP logo
Country United States
Founded 2012
IPO Date Oct 26, 2012
Industry Oil & Gas Midstream
Sector Energy
Employees 5,810
CEO Michael J. Hennigan

Contact Details

Address:
200 E. Hardin Street
Findlay, Ohio 45840
United States
Phone (419) 421-2159
Website mplx.com

Stock Details

Ticker Symbol MPLX
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001552000
CUSIP Number 55336V100
ISIN Number US55336V1008
Employer ID 27-0005456
SIC Code 4610

Key Executives

Name Position
Michael J. Hennigan Chairman of the Board, President and Chief Executive Officer of MPLX GP LLC
Gregory Scott Floerke Executive Vice President and Chief Operating Officer
Shawn M. Lyon Senior Vice President of Logistics and Storage
Carl Kristopher Hagedorn Executive Vice President, Chief Financial Officer and Director
Kelly D. Wright Vice President, Controller and Principal Accounting Officer of MPLX GP LLC
Kristina Anna Kazarian Vice President of Finance and Investor Relations - MPLX GP LLC
Molly R. Benson Chief Legal Officer and Corporate Secretary of MPLX GP LLC
Timothy J. Aydt Executive Vice President of MPLX GP LLC
Raymond L. Brooks Senior Vice President
Phillip M. Anderson Jr. Senior Vice President of Business Development of MPLX GP LLC

Latest SEC Filings

Date Type Title
Feb 28, 2024 10-K Annual Report
Feb 9, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 30, 2024 8-K Current Report
Dec 21, 2023 8-K Current Report
Oct 31, 2023 10-Q Quarterly Report
Oct 31, 2023 8-K Current Report
Oct 30, 2023 8-K Current Report
Aug 1, 2023 10-Q Quarterly Report
Aug 1, 2023 8-K Current Report
May 15, 2023 S-3ASR Automatic shelf registration statement of securities of well-known seasoned issuers