MPLX
Energy

MPLX LP

MPLX
Since 1959

Headquarters:

OH, United States

Exchange:

NYSE

Industry:

Oil & Gas Midstream

Number of Employees:

N/A

Current Fiscal Year:

2024

Market Cap:

51.89B

Price per Share:

$50.93

Quarterly Dividend per Share:

$0.96
Year-to-date Performance:
4.7081%
Dividend Yield:
6.75%
Price-to-book Ratio:
N/A
Trailing P/E Ratio:
11.92

Price History

Latest Prices

DateOpenHighLowClose
2025-04-3051.2851.550.2550.93
2025-04-2952.4352.627551.67752.07
2025-04-2852.6852.72551.7252.43
2025-04-2552.652.7151.800152.56
2025-04-2451.5952.5851.3252.52

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising fleet of boats and barges transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Financial Performance

2024 Revenue:10.74B

Detailed view of quarterly revenue

2024 Net Income:4.35B

Detailed view of quarterly net income

2024 Free Cash Flow:4.74B

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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