MPLX 31.69 (Stock is Down0.01    )


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 natural gas liquids (NGLs); and the transportation and storage of crude oil and refined petroleum products. Headquartered in Findlay, Ohio, MPLX's assets consist of a network of common carrier crude oil and products pipeline assets located in the Midwest and Gulf Coast regions of the United States, an inland marine business, a butane storage cavern located in West Virginia with approximately 1 million barrels of storage capacity, crude oil and product storage facilities (tank farms) with approximately 4.5 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 more than 5,500 miles of gas gathering and NGL pipelines, 54 gas processing plants, 13 NGL fractionation facilities and two condensate stabilization facilities.

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MPLX (Common Stock)
ExchangeNYSE (US Dollar)
Change (%) Stock is Down 0.01 (0.03%)
Data as of 12/07/16 4:00 p.m. ET
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Recent PresentationsMore >>
Download Documentation Third Quarter 2016 Earnings Conference Call Transcript
Recent NewsMore >>
11/28/16MPLX Vice President of Operations Craig O. Pierson to retire
FINDLAY, Ohio, Nov. 28, 2016 - MPLX LP (NYSE: MPLX) today announced the retirement of Craig O. Pierson, vice president of Operations of MPLX GP LLC, MPLX's general partner, and president of MPLX's subsidiary, Marathon Pipe Line LLC, effective Jan. 1. Timothy J. Aydt, who is currently general manager, Terminal, Transport & Rail at Marathon Petroleum Corporation (NYSE: MPC), will replace Pierson as vice president of Operations and president of Marathon Pipe Line and report to John Swearingen, ... 
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10/27/16MPLX LP Reports Third-Quarter 2016 Financial Results
Reported third-quarter net income of $141 million and adjusted EBITDA of $375 million on strong volume growth in the Northeast and Southwest Reported third-quarter net cash from operating activities of $339 million and distributable cash flow of $301 million Declared distribution of $0.515 per common unit, a 10 percent increase over third-quarter 2015 Affirmed 2016 distribution growth guidance of 12 to 15 percent; forecast 2017 distribution growth rate of 12 to 15 percent and a double-digit dist... 
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10/25/16MPLX LP increases quarterly distribution
FINDLAY, Ohio, Oct. 25, 2016 - MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.515 per common unit for the third quarter of 2016. This represents an increase of $0.005 per unit, or 1 percent, over the second-quarter 2016 distribution and an increase of $0.045 per unit, or 10 percent, over the third-quarter 2015 distribution. Since the partnership's initial public offering in October 2012, the MPLX board has authorized... 
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10/11/16Cornerstone Pipeline Begins Operations, Provides Connectivity to Utica Shale
FINDLAY, Ohio, Oct. 11, 2016 - MPLX LP (NYSE: MPLX) today announced that its newly constructed Cornerstone Pipeline is now fully operational. "Cornerstone is a state-of-the-art pipeline that adds superior safety, reliability and economics to existing transportation alternatives," said MPLX Chairman and CEO Gary R. Heminger. "As the first Utica shale liquids pipeline, Cornerstone is the initial step in MPLX's plan to provide better connectivity to the basin, which creates another c... 
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Featured Documents
Investor Presentation May 2016 PDF
Third Quarter 2016 Earnings Conference Call Transcript  PDF
Third Quarter 2016 Earnings Conference Call Slides  PDF
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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


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