MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. The company is headquartered in Findlay, Ohio and currently employs 5,560 full-time employees. The company went IPO on 2012-10-26. The firm's segments include Crude Oil and Products Logistics, and Natural Gas and NGL Services. The Crude Oil and Products Logistics segment is primarily engaged in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. These assets consist of a network of approximately 14,766 miles of wholly and jointly-owned pipelines and associated storage assets, refining logistics assets at 13 refineries, 88 terminals including rail and truck racks, one export terminal, storage caverns, tank farm assets, an inland marine business and a fuels distribution business. The Natural Gas and NGL Services segment provides wellhead to market services including gathering, processing and transportation of natural gas and natural gas liquids.
Follow-Up Questions
What is MPLX LP (MPLX)'s P/E Ratio?
The P/E ratio of MPLX LP is 11.4772
Who is the CEO of MPLX LP?
Ms. Maryann Mannen is the President of MPLX LP, joining the firm since 2021.
What is the price performance of MPLX stock?
The current price of MPLX is $51.26, it has increased 0.12% in the last trading day.
What are the primary business themes or industries for MPLX LP?
MPLX LP belongs to Energy industry and the sector is Energy
What is MPLX LP market cap?
MPLX LP's current market cap is $52.2B
Is MPLX LP a buy, sell, or hold?
According to wall street analysts, 17 analysts have made analyst ratings for MPLX LP, including 4 strong buy, 11 buy, 5 hold, 1 sell, and 4 strong sell
