MPLX LP

MPLX.US
Energy · Oil & Gas Midstream
59.20
+0.84 (+1.44%)
USD · NYSE

Company Information

Company Name
MPLX LP
Sector
Energy
Industry
Oil & Gas Midstream
Exchange
NYSE
ISIN: US55336V1008
CIK: 0001552000
CUSIP: 55336V100
Currency: USD
Full Time Employees: 0
Phone: 419 422 2121
Fiscal Year End: December
IPO Date: Oct 26, 2012
Description:

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.

Address:

200 East Hardin Street, Findlay, OH, United States, 45840-3229

People

Directors & Officers

Name Title Year Born
Ms. Maryann T. Mannen President, CEO & Chairman of the Board of MPLX GP LLC 1963
Mr. Carl Kristopher Hagedorn Executive VP, CFO & Director of MPLX GP LLC 1976
Mr. Gregory Scott Floerke Executive VP & COO of MPLX GP LLC 1963
Ms. Molly R. Benson Chief Legal Officer & Corporate Secretary of MPLX GP LLC 1967
Ms. Kristina Anna Kazarian Vice President of Finance & Investor Relations - MPLX GP LLC 1983
Mr. Rick D. Hessling Senior Vice President of MPLX GP LLC 1967
Mr. Brian K. Partee Senior Vice President of MPLX GP LLC 1974
Mr. Shawn M. Lyon Senior Vice President of Logistics & Storage - MPLX GP LLC 1968
Mr. David R. Heppner Senior Vice President of MPLX GP LLC 1967
Mr. Michael A. Henschen Senior Vice President of MPLX GP LLC 1971

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 07, 2025 Shawn M Lyon N/A Purchase 4.00K $52.75 $211.00K
Nov 18, 2024 Carl Kristopher Hagedorn N/A Sale 4.00K $47.24 $188.96K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
ALPS Advisors Inc 27.07M Mar 31, 2026 2.67% $7.27 6,201.93%
Amvescap Plc. 18.27M Mar 31, 2026 1.80% $0.10 0.43%
Blackstone Inc 15.35M Mar 31, 2026 1.51% $3.42 -2.26%
Tortoise Midstream Energy Fund, Inc. 13.26M Mar 31, 2026 1.31% $7.88 -0.45%
The Goldman Sachs Group Inc 12.51M Mar 31, 2026 1.23% $0.08 0.33%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 7.32M Mar 31, 2026 0.72% $0.57 5.95%
Kayne Anderson Capital Advisors LP 6.83M Mar 31, 2026 0.67% $7.47 -5.55%
UBS Group AG 5.23M Mar 31, 2026 0.52% $0.04 -1.34%
Chickasaw Capital Management, LLC 5.21M Jun 30, 2026 0.51% $10.56 -0.21%
Energy Income Partners, LLC 5.16M Mar 31, 2026 0.51% $4.74 -2.68%
Morgan Stanley - Brokerage Accounts 4.96M Mar 31, 2026 0.49% $0.02 -13.86%
JPMorgan Chase & Co 4.13M Mar 31, 2026 0.41% $0.02 25.79%
Bank of Montreal 4.03M Mar 31, 2026 0.40% $0.09 71,257.67%
BMO Capital Markets Corp. 4.03M Mar 31, 2026 0.40% $0.09 71,257.67%
FMR Inc 3.36M Mar 31, 2026 0.33% $0.01 101.41%
Brave Warrior Advisors LLC 3.25M Mar 31, 2026 0.32% $4.60 -27.28%
Atlantic Trust Group, LLC 2.72M Dec 31, 2025 0.27% $0.25 1.34%
CIBC Bancorp USA Inc. 2.64M Mar 31, 2026 0.26% $0.20 0.00%
Bank of America Corp 2.57M Mar 31, 2026 0.25% $0.01 -69.84%
ClearBridge Advisors, LLC 2.34M Mar 31, 2026 0.23% $0.12 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Cushing Midstream Strategy 193.00M 19.02% ▲ 2.35% Jun 30, 2026
2 Alerian MLP ETF 28.05M 2.76% ▼ 0.05% Jun 30, 2026
3 Invesco SteelPath MLP Income Y 11.25M 1.11% ▲ 0.00% Mar 31, 2026
4 Kayne Anderson Energy Infrastructure 5.75M 0.57% ▲ 0.00% Nov 30, 2025
5 Global X MLP ETF 4.84M 0.48% ▲ 0.00% Jun 30, 2026
6 Goldman Sachs MLP Energy Infras Instl 3.67M 0.36% ▼ 1.95% Jun 30, 2026
7 Tortoise Energy Infrastructure TR Ins 3.37M 0.33% ▼ 30.57% Jun 30, 2026
8 First Trust North Amer Engy InfrasETF 2.99M 0.29% ▲ 0.00% Jun 30, 2026
9 Invesco SteelPath MLP Select 40 Y 2.92M 0.29% ▲ 0.00% Mar 31, 2026
10 Global X MLP & Energy Infrastructure ETF 2.90M 0.29% ▲ 0.25% Jun 30, 2026

Financial Highlights

Market Cap: $59.22B
EBITDA: $6.00B
P/E Ratio: $12.63
PEG Ratio: $3.50
Book Value: $13.86
Dividend/Share: $4.19
Dividend Yield: 7.14%
Earnings/Share: $4.62
Profit Margin: 40.03%
Operating Margin: 36.13%
ROA (TTM): 7.04%
ROE (TTM): 33.41%
Revenue (TTM): $11.74B
Revenue/Share (TTM): $11.53
Earnings Growth (YOY): -18.40%
Revenue Growth (YOY): -2.80%

Valuation Metrics

Enterprise Value: $84.14B
Trailing P/E: 12.63
Forward P/E: 12.87

Shares Statistics

Shares Outstanding: 1.01B
Shares Float: 365.76M
% Insiders: 6,397.00%
% Institutions: 2,025.70%
Short % Float: 1.94%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$11.82B
Cost of Goods Sold
adjust
$-6.47B
Gross Profit
subtotal
$5.35B
SG&A
adjust
$-446.00M
Other Operating Expense
adjust
$-137.00M
Operating Income
subtotal
$4.76B
Other / Non-Operating Items
adjust
$150.00M
Net Income
subtotal
$4.91B

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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