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MPLX LP

mplx.com

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 5,762 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.

Financial Snapshot

Revenue
TTM
$13.22B
Gross Margin
TTM
59.53%
Net Income
TTM
$4.759B
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
89.21%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
$14.25B
Cash
2026 Q2
P/E
TTM
12.71
Free Cash Flow
TTM
$3.336B

Stock Price

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Market Cap: $60.497 Billion

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