MPLX Lp
MPLX | NYSE
$59.62
-$0.54 (-0.90%)
Nov 2, 2026, 10:30 AM ET · Market open
Company Profile
MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids. It also handles the collection, storage, transportation, and distribution of crude oil, refined products, and other hydrocarbon-based goods, including the sale of residue gas and condensate. Furthermore, the company manages inland marine businesses, focusing on the transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks within the Mid-Continent and Gulf Coast regions, utilizing its owned and third-party chartered boats and barges, and maintaining a marine repair facility on the Ohio River. Complementing these activities, MPLX oversees fuel distribution, refining logistics, terminals, rail facilities, and storage caverns, and operates specialized terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through various modes including pipeline, rail, marine, and over-the-road transport.
Key Executives
| Name | Position |
|---|---|
| Maryann T. Mannen | Chairman of the Board, President & Chief Executive Officer of MPLX GP LLC |
| Carl Kristopher Hagedorn | Executive Vice President, Chief Financial Officer & Director of MPLX GP LLC |
| Gregory Scott Floerke | Executive Vice President & Chief Operating Officer of MPLX GP LLC |
| Molly R. Benson | Chief Legal Officer & Corporate Secretary of MPLX GP LLC |
| Brian K. Partee | Senior Vice President of MPLX GP LLC |
| David R. Heppner | Senior Vice President of MPLX GP LLC |
| Kristina Anna Kazarian | Vice President of Finance & Investor Relations - MPLX GP LLC |
| Michael A. Henschen | Senior Vice President of MPLX GP LLC |
| Rick D. Hessling | Senior Vice President of MPLX GP LLC |
| Shawn Lyon | Senior Vice President of Logistics & Storage - MPLX GP LLC |
MPLX Lp
| Country | United States |
| IPO Date | Oct 26, 2012 |
| Industry | Oil & Gas Midstream |
| Sector | Energy |
| Employees | 5,762 |
| CEO | Maryann T. Mannen |
Contact Details
200 East Hardin Street Findlay,
Ohio 45840-3229 United States
Stock Details
| Ticker Symbol | MPLX |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001552000 |
| CUSIP Number | 55336V100 |
| ISIN Number | US55336V1008 |
| SIC Code | 4610 |
Recent News
- 23 hours ago / fool.comMPLX Reports Earnings on Nov. 3, 2026. Here's What Investors Should Be Watching.
- 3 days ago / zacks.comMPLX LP (MPLX) Rises As Market Takes a Dip: Key Facts
- 4 days ago / zacks.comGear Up for MPLX LP (MPLX) Q3 Earnings: Wall Street Estimates for Key Metrics
- 4 days ago / prnewswire.comMPLX LP announces election of two new directors
- 5 days ago / 247wallst.comJim Cramer’s Favorite Kind of Oil Stock Pays a Big Yield It Can Actually Afford
- 6 days ago / prnewswire.comMPLX LP Increases Quarterly Distribution
- 6 days ago / 247wallst.comWestern Midstream vs. MPLX: Which Ultra-High-Yield Pipeline Payout Is the Better Buy?
- 9 days ago / fool.comMPLX Stock Pays a Hefty 7.4% Dividend Yield. Here's How Much $10,000 Generates in Passive Income Each Year.
- 10 days ago / zacks.comMPLX LP (MPLX) Increases Despite Market Slip: Here's What You Need to Know
- 10 days ago / seekingalpha.comMPLX Is Paying Me 7.4% To Wait For A Distribution Raise That Is Already Funded
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