MPLX 34.77 (Stock is Up0.04    )

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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)
Price$34.77
Change (%) Stock is Up 0.04 (0.12%)
Volume105,219
Data as of 02/23/18 10:28 a.m. ET
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Recent PresentationsMore >>
DateTitle
02/13/18
Download Documentation Credit Suisse Annual Energy Summit Presentation
Recent NewsMore >>
DateTitle 
02/06/18Marathon Petroleum Corp. and MPLX LP to present at Credit Suisse Energy Summit
FINDLAY, Ohio, Feb. 6, 2018 /PRNewswire/ -- On Tuesday, Feb. 13, Gary R. Heminger, the chairman and chief executive officer of Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX), will deliver a presentation to investors and industry analysts at the Credit Suisse 2018 Energy Summit in Vail, Colorado. Heminger's presentation is scheduled to begin at 8:35 a.m. MST (10:35 a.m. EST). The live webcast and archived presentation can be viewed on MPC's Investor Relations website, http://ir.... 
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02/05/18MPLX LP prices $5.5 billion senior notes offering
FINDLAY, Ohio, Feb. 5, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $5,500,000,000 in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of five series of senior notes: $500,000,000 aggregate principal amount of 3.375% senior notes due in 2023; $1,250,000,000 aggregate principal amount of 4.000% senior notes due in 2028; $1,750,000,000 aggregate principal amount of 4.500% senior notes due in 2038; ... 
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02/05/18MPLX LP announces senior notes offering
FINDLAY, Ohio, Feb. 5, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has commenced an underwritten public offering of unsecured senior notes pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC). The actual terms of the unsecured senior notes, including principal amount, interest rate and maturity, will depend on market and other conditions.  MPLX intends to use the net proceeds from this offer... 
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02/01/18MPLX LP reports fourth-quarter and full-year 2017 financial results
FINDLAY, Ohio, Feb. 1, 2018 /PRNewswire/ --  Reported record fourth-quarter net income of $238 million and adjusted EBITDA of $569 million; reported record full-year net income of $794 million and adjusted EBITDA of $2 billion Reported fourth-quarter net cash from operating activities of $569 million and distributable cash flow of $445 million Declared 20th consecutive quarterly distribution increase to $0.6075 per common unit; delivered 12.1 percent distribution growth in 201... 
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Featured Documents
DateTitle
02/01/18
Fourth Quarter 2017 Earnings Conference Call Slides  PDF
02/13/18
Credit Suisse Annual Energy Summit Presentation PDF
Upcoming EventsMore >>
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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

Email: MPLXInvestorRelations@marathonpetroleum.com


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