MPLX 34.87 (Stock is Up0.41    )


Corporate Profile
MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy infrastructure assets. MPLX is 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 pipelines and supporting assets, including storage facilities (tank farms) 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; 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, 8.2 billion cubic feet per day of natural gas processing capacity and 610,000 barrels per day of fractionation capacity. In addition, MPLX provides fuels distribution services to MPC and owns refining logistics assets consisting of tanks with storage capacity of approximately 56 million barrels as well as refinery docks, loading racks and associated piping.

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Stock Quote
MPLX (Common Stock)
ExchangeNYSE (US Dollar)
Change (%) Stock is Up 0.41 (1.19%)
Data as of 06/18/18 12:26 p.m. ET
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Recent PresentationsMore >>
Download Documentation First Quarter 2018 Earnings Conference Call Slides
Recent NewsMore >>
04/30/18MPLX LP reports record first-quarter 2018 financial results
Conference call and webcast rescheduled for 11 a.m. today FINDLAY, Ohio, April 30, 2018 /PRNewswire/ -- Reported record first-quarter net income of $421 million and adjusted EBITDA of $760 million Reported first-quarter net cash from operating activities of $450 million and distributable cash flow of $619 million Declared 21st consecutive quarterly distribution increase to $0.6175 per common unit, a 14 percent increase over the first quarter of 2017 Affirmed 2018 d... 
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04/25/18MPLX LP increases quarterly distribution
FINDLAY, Ohio, April 25, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.6175 per common unit for the first quarter of 2018. This represents an increase of $0.01 per unit, or 1.6 percent, over the fourth-quarter 2017 distribution; and an increase of $0.0775 per unit, or 14.4 percent, over the first-quarter 2017 distribution. Since the partnership's initial public offering in October 2012, the MPLX... 
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04/12/18MPLX LP to announce 2018 first-quarter financial results April 30th
FINDLAY, Ohio, April 12, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call Monday, April 30, 2018 at 11am EDT to discuss 2018 first-quarter 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. Beall, executi... 
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03/16/18MPLX Responds to FERC Announcement
FINDLAY, Ohio, March 16, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) has reviewed the March 15 Federal Energy Regulatory Commission (FERC) policy revision, in which FERC no longer will allow master limited partnership interstate natural gas and oil pipelines to recover an income tax allowance in cost-of-service rate filings. The partnership expects these revisions to have a de minimis effect on its earnings and cash flow. About MPLX LP MPLX is a diversified, growth-oriented master limited p... 
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Featured Documents
First Quarter 2018 Earnings Conference Call Slides PDF
Fourth Quarter 2017 Earnings Conference Call Slides  PDF
Credit Suisse Annual Energy Summit Presentation PDF
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Investor Relations
(For investor inquires)
Kristina Kazarian
Vice President, Investor Relations
Phone: +1 419-421-2071

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


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