MPLX 37.60 (Stock is Up0.27    )

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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 NGLs; and the transportation, storage and distribution of crude oil and refined petroleum products. Headquartered in Findlay, Ohio, MPLX’s assets consist of a network of crude oil and products pipeline assets 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; crude oil and product storage facilities (tank farms) with approximately 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 approximately 5.9 billion cubic feet per day of gathering capacity, 7.8 billion cubic feet per day of natural gas processing capacity and 570,000 barrels per day of fractionation capacity.

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Stock Quote
MPLX (Common Stock)
ExchangeNYSE (US Dollar)
Price$37.60
Change (%) Stock is Up 0.27 (0.72%)
Volume1,121,976
Data as of 12/13/17 4:00 p.m. ET
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Recent PresentationsMore >>
DateTitle
11/15/17
Download Documentation RBC Capital Markets Midstream Conference Presentation
Recent NewsMore >>
DateTitle 
11/13/17Marathon Petroleum Corp. and MPLX LP announce agreement for approximately $8.1 billion dropdown to MPLX, and MPC initiates offer to exchange its general partner interests, including its IDRs, in MPLX
FINDLAY, Ohio, Nov. 13, 2017 - Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX) today announced an agreement for the dropdown of refining logistics assets and fuels distribution services to MPLX for total consideration of approximately $8.1 billion. The transaction is expected to close on Feb. 1, 2018, and be immediately accretive to MPLX's distributable cash flow per unit. These assets and services are projected to generate annual earnings before interest, taxes, depreciation and a... 
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11/03/17MPLX LP announces appointment of C. Kristopher Hagedorn as vice president and controller
FINDLAY, Ohio, Nov. 3, 2017 - MPLX LP (NYSE: MPLX) today announced the appointment of C. Kristopher Hagedorn as vice president and controller of the general partner of MPLX, effective Dec. 4. Hagedorn, 41, comes to MPLX after serving for five years at CONSOL Energy Inc. in various roles, most recently as its vice president and controller.Hagedorn replaces Paula Rosson, who has accepted the position of senior vice president and chief administrative officer of MPLX subsidiary MarkWest Energy Partn... 
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10/26/17MPLX LP Reports Record Third-Quarter 2017 Financial Results
Reported record third-quarter net income of $216 million and adjusted EBITDA of $538 million Reported third-quarter net cash from operating activities of $494 million and distributable cash flow of $442 million Achieved record gathered, processed and fractionated volumes Declared 19th consecutive quarterly distribution increase to $0.5875 per common unit Completed acquisition of joint-interest ownership in certain pipeline and storage facilities from sponsor Marathon Petroleum Corp. E... 
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10/25/17MPLX LP increases quarterly distribution
FINDLAY, Ohio, Oct. 25, 2017 - MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.5875 per common unit for the third quarter of 2017. This represents an increase of $0.025 per unit, or 4 percent, over the second-quarter 2017 distribution, and an increase of $0.0725 per unit, or 14 percent, over the third-quarter 2016 distribution. Since the partnership's initial public offering in October 2012, the MPLX board has authori... 
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Featured Documents
DateTitle
11/15/17
RBC Capital Markets Midstream Conference Presentation PDF
10/26/17
Third Quarter 2017 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

Email: MPLXInvestorRelations@marathonpetroleum.com


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