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Financial Snapshot

Revenue
TTM
$12.91B
Gross Margin
TTM
59.92%
Net Income
TTM
$4.730B
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
110.34%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$14.30B
Cash
2026 Q1
P/E
TTM
11.95
Free Cash Flow
TTM
$3.894B

Stock Price

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Market Cap: $56.5 Billion

About MPLX LP

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.

Industry: Pipe Lines (No Natural Gas) Peers: Cheniere Energy Inc Cheniere Energy Partners LP Energy Transfer LP Enterprise Products Partners L.P Kinder Morgan Inc Magellan Midstream Partners, L.P. ONEOK Inc Targa Resources Corp Williams Companies Inc

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