NYSE:MPLX Stock Quote
Mplx LP is a prominent energy infrastructure company that specializes in the transportation, storage, and logistics of natural gas and natural gas liquids
With a focus on increasing efficiency and reliability in the energy supply chain, the company operates an extensive network of pipelines and facilities designed to facilitate the movement of energy resources across various regions. Mplx also engages in the processing of natural gas, playing a critical role in ensuring the availability of energy for consumers and businesses. Through its operations, the company aims to support the growing demand for energy while maintaining a commitment to safety and environmental stewardship.
Frequently Asked Questions
How can I invest in MPLX?
Investing in MPLX can be done through brokerage accounts that allow trading on major exchanges such as the NYSE. Interested investors should conduct thorough research, evaluate risk factors, and consider consulting a financial advisor before purchasing MPLX common units.
How does MPLX contribute to sustainability?
MPLX is committed to sustainability through initiatives aimed at reducing emissions, increasing energy efficiency, and investing in renewable energy projects. The company strives to minimize its environmental impact while maintaining a reliable energy supply.
How does MPLX engage with local communities?
MPLX engages with local communities through outreach initiatives, partnerships, and environmental stewardship programs. The company aims to build positive relationships with stakeholders and ensure transparent communication regarding its operations.
How does MPLX finance its growth?
MPLX finances its growth through a combination of internal cash flow, debt issuance, and equity offerings. This diversified capital structure allows the company to fund expansion projects and acquisitions while managing its financial stability.
How does MPLX handle environmental regulations?
MPLX closely monitors and complies with environmental regulations to minimize its impact on the environment. The company prioritizes responsible management practices and invests in technologies that help reduce emissions and ensure compliance with applicable laws.
How many miles of pipeline does MPLX operate?
MPLX operates over 18,000 miles of pipeline across the United States, facilitating the transportation of crude oil, natural gas, and NGLs. This vast network is crucial for connecting production areas with refining and consumption points.
Is MPLX involved in renewable energy?
MPLX has begun exploring opportunities in the renewable energy sector, including investments in biofuels and other alternative energy projects. This strategic move aligns with the company’s commitment to sustainability and adapting to evolving energy market trends.
What are MPLX's growth strategies?
MPLX pursues growth strategies that include expanding its existing infrastructure, acquiring complementary assets, and investing in new technologies. The company focuses on optimizing its operational efficiency while responding to changing market demands.
What are MPLX's primary services?
MPLX's primary services include the transportation and storage of crude oil, natural gas, and natural gas liquids (NGLs). The company operates pipelines, storage terminals, and processing facilities that integrate various phases of the energy supply chain.
What are MPLX's recent acquisitions?
MPLX has made several recent acquisitions to expand its infrastructure and services, focusing on pipeline assets and storage facilities that enhance its operational capabilities. These strategic transactions aim to bolster MPLX's position in the competitive midstream market.
What are the risks associated with investing in MPLX?
Investing in MPLX involves risks such as fluctuations in commodity prices, regulatory changes, and operational challenges associated with pipeline infrastructure. Investors should consider these factors and the company's ability to maintain cash flow and distribution levels.
What does MPLX do?
MPLX LP is a master limited partnership that provides midstream services, primarily in the transportation, storage, and processing of crude oil, natural gas, and refined petroleum products. The company operates an extensive network of pipelines and facilities, and it plays a crucial role in facilitating energy distribution across the United States.
What is a master limited partnership (MLP)?
A master limited partnership (MLP) is a type of business entity that is publicly traded on stock exchanges. MLPs are typically involved in the energy sector, and they benefit from pass-through taxation, meaning that they don’t pay corporate income tax, allowing for higher distributions to investors.
What is MPLX's approach to safety?
Safety is a top priority for MPLX, and the company implements rigorous safety protocols and training programs to ensure the well-being of its employees and the public. MPLX is dedicated to minimizing incidents and maintaining high safety standards across its operations.
What is MPLX's dividend policy?
MPLX maintains a strong dividend policy, focusing on providing stable and growing cash distributions to its unitholders. The company aims to deliver attractive returns while supporting its growth strategies and capital expenditures.
What is MPLX's market position?
MPLX holds a strong market position within the midstream sector, with a vast network of pipelines and storage facilities. The company's size and operational efficiency enable it to be a key supplier to major refineries and distribution centers throughout the United States.
What role does Marathon Petroleum play in MPLX?
Marathon Petroleum Corporation is the parent company of MPLX and plays a significant role in its operations and strategic direction. The relationship provides MPLX with access to a robust customer base and operational synergy, enhancing the partnership's competitive position.
When was MPLX founded?
MPLX was founded in 2012 as a subsidiary of Marathon Petroleum Corporation. Since its inception, it has grown significantly through acquisitions and organic growth, becoming a key player in the midstream energy sector.
Where can I find MPLX's financial reports?
MPLX's financial reports can be found on its official website under the investor relations section. The company provides regular updates on its financial performance, quarterly earnings, and annual results, along with other important information for investors.
Where is MPLX headquartered?
MPLX is headquartered in Findlay, Ohio. This strategic location allows the company to effectively manage its extensive network of pipelines and facilities across the Midwest and Gulf Coast regions.
Who are the major shareholders of MPLX?
The major shareholders of MPLX include institutional investors, mutual funds, and its parent company, Marathon Petroleum Corporation, which owns a significant portion of MPLX’s common units, influencing decision-making and strategic direction.
What is the current price of MPLX LP Common Units Representing Limited Partner Interests?
The current price of MPLX LP Common Units Representing Limited Partner Interests is 53.89
When was MPLX LP Common Units Representing Limited Partner Interests last traded?
The last trade of MPLX LP Common Units Representing Limited Partner Interests was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of MPLX LP Common Units Representing Limited Partner Interests?
The market capitalization of MPLX LP Common Units Representing Limited Partner Interests is 55.27B
How many shares of MPLX LP Common Units Representing Limited Partner Interests are outstanding?
MPLX LP Common Units Representing Limited Partner Interests has 1.03B shares outstanding.