MPLX 33.55 (Stock is Up0.08    )


Corporate Profile

MPLX LP (MPLX) was launched on October 18, 2012 and is a consolidated subsidiary of Marathon Petroleum Corporation (MPC). The company’s assets consist of a network of common carrier crude oil and product pipeline systems, and associ¬ated crude oil and product storage assets in the Midwest and Gulf Coast regions of the U.S.

• Shares began trading on Oct. 26 with closing on or about Oct. 31.

MPLX’s operations are strategically located within MPC’s refining and marketing supply net-work, and are positioned to provide MPC with a logistical competitive advantage.

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MPLX (Common Stock)
ExchangeNYSE (US Dollar)
Change (%) Stock is Up 0.08 (0.24%)
Data as of 08/29/16 4:00 p.m. ET
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Recent PresentationsMore >>
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Recent NewsMore >>
08/24/16Marathon Petroleum Corporation and MPLX LP announce MPLX senior management changes
FINDLAY, Ohio, Aug. 24, 2016 - Marathon Petroleum Corporation (NYSE: MPC) Chairman, President and Chief Executive Officer Gary R. Heminger today announced changes in the senior management structure of the general partner of MPLX LP (NYSE: MPLX), MPC's master limited partnership, and MarkWest Energy Partners, L.P., a wholly owned subsidiary of MPLX. The changes will be effective Oct. 1, 2016.John C. Mollenkopf, executive vice president and chief operating officer, MarkWest Operations, of MPLX's g... 
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07/28/16MPLX LP Reports Second-Quarter 2016 Financial Results
Reported second-quarter net income of $19 million and adjusted EBITDA of $351 million Reported second-quarter net cash from operating activities of $298 million and distributable cash flow of $285 million Declared distribution of $0.510 per common unit, a 16 percent increase over second-quarter 2015 Expanded operations to the prospective Delaware Basin with completion of the Hidalgo gas processing complex Confirmed 2016 guidance of 12 to 15 percent distribution growth rate over the prio... 
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07/22/16MPLX LP increases quarterly distribution
FINDLAY, Ohio, July 22, 2016 - MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.51 per common unit for the second quarter of 2016. This represents an increase of $0.005 per unit, or 1 percent, over the first-quarter 2016 distribution and an increase of $0.07 per unit, or 16 percent, over the second-quarter 2015 distribution. Since the partnership's initial public offering in October 2012, the MPLX board has authorized ... 
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06/29/16MPLX LP to announce 2016 second-quarter financial results July 28
FINDLAY, Ohio, June 29, 2016 - MPLX LP (NYSE: MPLX), a master limited partnership sponsored by Marathon Petroleum Corporation (NYSE: MPC), will host a conference call Thursday, July 28, at 11 a.m. EDT to discuss 2016 second-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; Donald C. Templin, president; Nancy K. Buese, executive vice president and ... 
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Featured Documents
Investor Presentation May 2016 PDF
First Quarter 2016 Earnings Conference Call Transcript  PDF
First 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

Kevin Hawkins
Manager, Investor Relations
Phone: +1 866-858-0482


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