MPLX LP (MPLX)

MPLX LP is a master limited partnership listed on the NYSE. The partnership owns and runs midstream energy infrastructure and logistics assets in the United States, with activities centered on crude oil and products logistics and on natural gas and NGL services. Its operations include the gathering, processing, transportation, fractionation, storage, and marketing of natural gas liquids, along with the handling, storage, transport, and distribution of crude oil, refined products, and other hydrocarbon-based products. MPLX also has inland marine operations that move energy products, fuels, chemicals, and feedstocks on boats and barges, and it maintains a marine repair facility on the Ohio River. Additional assets include refining logistics, terminals, rail facilities, storage caverns, and terminal systems used for receipt, storage, blending, additization, handling, and redelivery of refined petroleum products. MPLX GP LLC serves as the general partner, and the partnership is a subsidiary of Marathon Petroleum Corporation. It was incorporated in 2012 and is headquartered in Findlay, Ohio.

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