MPLX
MPLXMPLX LP is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets.
Earnings
Next report
Nov 3, 2026 (in 2 months)Financials
Q2 2026Valuation & ratios
Competitors
By market cap
By revenue growth
Profile
MPLX LP is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets. The company provides a comprehensive suite of services including the gathering, processing, and transportation of natural gas and NGLs, as well as the storage, distribution, and maritime transportation of crude oil and refined petroleum products. Its core value proposition is built on long-term, fee-based agreements with minimum volume commitments that provide stable and predictable cash flows.
A leading midstream provider with a significant presence in major U.S. shale plays and a strategic, high-volume relationship with its sponsor, Marathon Petroleum Corporation.
FAQ
- What is MPLX's market cap?
- MPLX (MPLX) has a market capitalization of $60.1B and trades on NYSE.
- What is MPLX's revenue and profitability?
- MPLX generated $13.2B in trailing twelve-month revenue with net income of $4.8B, representing a net margin of 36.0%. These figures are based on the Q2 2026 filing.
- Who are MPLX's competitors?
- MPLX's key competitors include Enterprise Products Partners L.P., Kinder Morgan, Inc., Energy Transfer LP, and others. These companies compete in similar markets and product categories.
- Who does MPLX partner with?
- MPLX's notable partners include Marathon Petroleum Corporation.
- What subsidiaries does MPLX have?
- MPLX's subsidiaries include MPLX GP LLC.
- Where is MPLX headquartered?
- MPLX is headquartered in United States of America and employs approximately 5,810 people. It has been publicly traded since 2012.
