MPLX 38.28 (Stock is Down0.5    )

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Q4 2017 MPLX LP Earnings Conference Call (Live)
02/01/18 at 11:00 a.m. ET
Q4 2017 MPLX LP Earnings Conference Call
Thursday, February 1, 2018 11:00 a.m. ET  
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Corporate Profile
MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation to own, operate, develop and acquire midstream energy infrastructure assets. We are engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; and the transportation, storage and distribution of crude oil and refined petroleum products through a marine fleet and approximately 10,000 miles of crude oil and light-product pipelines. Headquartered in Findlay, Ohio, MPLX's assets consist of a network of crude oil and products pipeline assets located in the Midwest and Gulf Coast regions of the United States; 62 light-product terminals with approximately 24 million barrels of storage capacity; an inland marine business; storage caverns with approximately 2.8 million barrels of storage capacity; crude oil and product storage facilities (tank farms) with approximately 5 million barrels of available storage capacity; a barge dock facility with approximately 78,000 barrels per day of crude oil and product throughput capacity; and gathering and processing assets that include approximately 5.9 billion cubic feet per day of gathering capacity, 8 billion cubic feet per day of natural gas processing capacity and 610,000 barrels per day of fractionation capacity.

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Stock Quote
MPLX (Common Stock)
ExchangeNYSE (US Dollar)
Price$38.28
Change (%) Stock is Down 0.5 (1.29%)
Volume4,038,305
Data as of 01/16/18 4:00 p.m. ET
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Recent PresentationsMore >>
DateTitle
11/15/17
Download Documentation RBC Capital Markets Midstream Conference Presentation
Recent NewsMore >>
DateTitle 
01/08/18MPLX LP to announce 2017 fourth-quarter and full-year financial results Feb. 1
FINDLAY, Ohio, Jan. 8, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call Thursday, Feb. 1, 2018, at 11 a.m. EST to discuss 2017 fourth-quarter and full-year financial results, which will be released earlier that day, and to provide an update on partnership operations. MPLX participants will be Gary R. Heminger, chairman and chief executive officer; Michael J. Hennigan, president; Pamela K.M.... 
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12/21/17Marathon Pipe Line announces Capline owners' intent to proceed with next steps in planning for potential reversal
FINDLAY, Ohio, Dec. 21, 2017 - Following the completion of the non-binding open season announced on October 17, Marathon Pipe Line LLC (MPL) announced today that the Capline owners are proceeding with planning for the potential reversal of the 40-inch, 1.2 million barrel per day capacity pipeline that runs between St. James, Louisiana, and Patoka, Illinois.Based on shipper feedback, the Capline owners - Plains All American Pipeline, L.P., (NYSE: PAA), Marathon Petroleum Corporation (NYSE: MPC) a... 
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12/15/17Marathon Petroleum Corp. and MPLX LP announce agreement to exchange MPC's general partner economic interests, including IDRs, for MPLX common units
FINDLAY, Ohio, Dec. 15, 2017 - Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX) today announced a definitive agreement for MPC to exchange its general partner (GP) economic interests in MPLX, which include incentive distribution rights (IDRs), for 275 million newly issued MPLX common (LP) units valued at approximately $10.1 billion based on the volume-weighted average price of MPLX over the past 10 days.  The transaction is expected to close on Feb. 1, 2018, subject to and immediat... 
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11/13/17Marathon Petroleum Corp. and MPLX LP announce agreement for approximately $8.1 billion dropdown to MPLX, and MPC initiates offer to exchange its general partner interests, including its IDRs, in MPLX
FINDLAY, Ohio, Nov. 13, 2017 - Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX) today announced an agreement for the dropdown of refining logistics assets and fuels distribution services to MPLX for total consideration of approximately $8.1 billion. The transaction is expected to close on Feb. 1, 2018, and be immediately accretive to MPLX's distributable cash flow per unit. These assets and services are projected to generate annual earnings before interest, taxes, depreciation and a... 
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Featured Documents
DateTitle
11/15/17
RBC Capital Markets Midstream Conference Presentation PDF
10/26/17
Third Quarter 2017 Earnings Conference Call Slides  PDF
Upcoming EventsMore >>
DateTitle
02/01/18 11:00 a.m. ET
Q4 2017 MPLX LP Earnings Conference Call

Investor Relations
(For investor inquires)
Lisa Wilson
Director, Investor Relations
Phone: +1 419-421-2071

Doug Wendt
Manager, Investor Relations
Phone: +1 419-421-2423

Email: MPLXInvestorRelations@marathonpetroleum.com


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