MPLX LP

Energy / Oil & Gas Midstream

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. 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 inland marine businesses, comprising fleet of boats and barges transport 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, it operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck 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.

Performance

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MPLX

Metrics

Market Cap60B
Latest Price$58.60
Previous Close$57.93
Volume1.8M
52 Week High$59.98
52 Week Low$47.80
52 Week Change15.02%
Average Volume1.8M
Revenue12B
EPS4.62
P/E Ratio12.695
Forward P/E12.045
Price/Book4.231
Profit Margin0.40%
Operating Margin0.36%
Return on Equity0.33%
Dividend Yield7.34%

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