MPLX 36.26 (Stock is Up0.54    )

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Q4 2016 MPLX LP Earnings Conference Call (Live)
02/01/17 at 11:00 a.m. ET
Q4 2016 MPLX LP Earnings Conference Call
Wednesday, February 1, 2017 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 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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Stock Quote
MPLX (Common Stock)
ExchangeNYSE (US Dollar)
Price$36.26
Change (%) Stock is Up 0.54 (1.51%)
Volume479,451
Data as of 01/20/17 12:39 p.m. ET
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Recent PresentationsMore >>
DateTitle
10/31/16
Download Documentation Third Quarter 2016 Earnings Conference Call Transcript
Recent NewsMore >>
DateTitle 
01/11/17MPLX LP to announce 2016 fourth-quarter and full-year financial results Feb. 1
FINDLAY, Ohio, Jan. 11, 2017 - MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corporation (NYSE: MPC), will host a conference call Wednesday, Feb. 1, at 11 a.m. EST to discuss 2016 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; Donald C. Templin, president; Pamela K.M. Beall, executive vic... 
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01/03/17MARATHON PETROLEUM CORPORATION PROVIDES UPDATE ON STRATEGIC ACTIONS TO ENHANCE SHAREHOLDER VALUE
MPC Expects to Dropdown Assets Generating ~$1.4 Billion of EBITDA to MPLX as Soon as Practicable (Expected in 2017) MPC Expects to Exchange its Economic Interests in the GP for MPLX LP Units in Conjunction with Completion of Dropdowns (Expected in 2017)  Cash Proceeds from Dropdowns and Ongoing LP Distributions Expected to Fund Substantial Ongoing Return of Capital to MPC Shareholders in a Manner Consistent with Maintaining Investment Grade Credit Profiles at MPC and MPLX MPC to Conduct a Full... 
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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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Featured Documents
DateTitle
05/10/16
Investor Presentation May 2016 PDF
10/31/16
Third Quarter 2016 Earnings Conference Call Transcript  PDF
10/27/16
Third Quarter 2016 Earnings Conference Call Slides  PDF
Upcoming EventsMore >>
DateTitle
02/01/17 11:00 a.m. ET
Q4 2016 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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