MPLX 32.26 (Stock is Down0.63    )

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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 5.6 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$32.26
Change (%) Stock is Down 0.63 (1.92%)
Volume993,929
Data as of 08/21/17 4:02 p.m. ET
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Recent PresentationsMore >>
DateTitle
07/27/17
Download Documentation Second Quarter 2017 Earnings Conference Call Slides
Recent NewsMore >>
DateTitle 
08/04/17MPLX LP announces retirement of Executive VP and General Counsel C. Corwin Bromley, appointment of Suzanne Gagle as VP and General Counsel
FINDLAY, Ohio, Aug. 4, 2017 - MPLX LP (NYSE: MPLX) today announced that C. Corwin "Cory" Bromley, executive vice president and general counsel, has elected to retire effective Jan. 1, 2018, after a 33-year legal career in the energy, minerals and construction industries. Bromley joined MPLX in 2015, at the time of its strategic combination with MarkWest Energy Partners, L.P. Bromley joined MarkWest as general counsel in 2004.Prior to his career with MarkWest, Bromley was assistant gene... 
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08/01/17MPLX Announces Binding Open Season for Wood River-to-Patoka Pipeline Expansion
FINDLAY, Ohio, Aug. 1, 2017 - MPLX LP (NYSE: MPLX) today announced that its subsidiary Marathon Pipe Line LLC (MPL) has commenced a binding open season for the Wood River-to-Patoka pipeline. The binding open season allows interested shippers the opportunity to secure priority transportation service on the pipeline. The binding open season commenced at 8 a.m. CT on Aug. 1, 2017, and will conclude at noon CT on Aug. 31, 2017. "The MPLX Wood River-to-Patoka Expansion Project provides needed ... 
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07/27/17MPLX LP Reports Second-Quarter 2017 Financial Results
Reported record second-quarter net income of $190 million and adjusted EBITDA of $474 million Reported second-quarter net cash from operating activities of $467 million and distributable cash flow of $387 million Declared 18th consecutive quarterly distribution increase to $0.5625 per common unit, and continue to forecast 2017 distribution growth of 12 to 15 percent Targeting third-quarter 2017 for next dropdown in series of acquisitions planned from sponsor Marathon Petroleum Corporation... 
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07/26/17MPLX LP increases quarterly distribution
FINDLAY, Ohio, July 26, 2017 - MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.5625 per common unit for the second quarter of 2017. This represents an increase of $0.0225 per unit, or 4 percent, over the first-quarter 2017 distribution, and an increase of $0.0525 per unit, or 10 percent, over the second-quarter 2016 distribution. Since the partnership's initial public offering in October 2012, the MPLX board has autho... 
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Featured Documents
DateTitle
07/27/17
Second Quarter 2017 Earnings Conference Call Slides  PDF
07/27/17
Second Quarter 2017 Earnings Conference Call Transcript  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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