MPLX
Highly Engaged Employees
Highly Engaged EmployeesFreight & Logistics Services · Ohio, United States · 5K - 10K Employees
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Overview
Headquarters
200 E Hardin St, Findlay, Ohio, 45840, U...Phone Number
(419) 421-2414Website
www.mplx.comRevenue
$12 BillionStock Symbol
MPLXIndustry
ZI Rank: 2
Signal Type
Mar
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ZI Rank
5
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2
About MPLX
MPLX is a large midstream energy infrastructure company formed by Marathon Petroleum Corporation to provide essential logistics and transportation services across the hydrocarbon value chain. The company operates as a key component of the broader energy network, supporting the movement, processing, storage, and distribution of natural gas, natural gas liquids, crude oil, refined products, and other energy-related materials. Its operations are organized into two main segments, one focused on crude oil and refined product logistics and the other dedicated to natural gas and natural gas liquids services.Explore more
MPLX Org Chart
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Company Profile Activity
Activity Insights
MPLX is experiencing very low activity levels compared to other companies in the Transportation sector.
What does this means?
MPLX is drawing exceptional interest within the Transportation industry, suggesting notable developments or strong market momentum, learn more about MPLX.
MPLX financials insights
Gather financial insights about MPLX, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2012
Stock Offering
$380.6M
MPLX Tech Stack
A closer look at the technologies used by MPLX
Most Recent Scoops
Earnings
MPLX has reported Adjusted EBITDA of $1.8 billion for Q2 2026, reflecting a 5% increase compared to the same period last year, despite the divestiture of the Rockies assets in late 2025. This performance enabled a return of over $1.1 billion to unit holders.
Earnings, Divestitures, Finance
Earnings
MPLX has reported that Gathering and Processing Segment Adjusted EBITDA increased $62 million in Q2 2026 compared to Q2 2025, driven by increased volumes including growth from equity affiliates and acquisitions; excluding the impact of the Rockies divestiture, segment Adjusted EBITDA increased $99 million year-over-year.
Earnings, Divestitures, Acquisitions, Finance
Project
MPLX has confirmed its Gulf Coast fractionation and export terminal project remains on budget, with capital spend accelerated from 2027 into the back half of 2026, and both the fractionator and LPG export dock expected to come online simultaneously in early 2028, with 60,000 barrel spheres and 600,000 barrel refrigerated tanks currently under construction at the terminal site.
Facilities Relocation/Expansion, Construction, Energy / Power
Project
MPLX is advancing construction of Gulf Coast fractionation and export facilities on schedule, with the first 150,000 barrel per day fractionator, a 400,000 barrel per day JV LPG export terminal, and associated purity pipeline expected in service in 2028, followed by a second 150,000 barrel per day fractionator in 2029.
Facilities Relocation/Expansion, Construction, Oil & Gas
Project
Facilities Relocation/Expansion, Oil & Gas
MPLX News & Media
MPLX LP to Report Third-Quarter Results on November 3, 2026
FINDLAY, Ohio, Sept. 17, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, November 3, 2026, at 9:30 a.m. EST to discuss 2026 third-quarter financial results. Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com. A...MPLX Targets Another 12.5% Distribution Raise Through 2027. Here’s What Could Mean For The Stock.
Key TakeawaysManagement held to its 12. 5% distribution growth target for 2026 and 2027.Boomers and Retirees Can Load IRAs With 4 Quality Ultra-High-Yield Dividend Giants (One Yields 12.3%)
When a frothy stock market threatens your retirement income, four overlooked dividend giants offer yields that dwarf what most investors settle for, and one REIT has refused to cut its payout through every financial storm since 2009.5 Dividend Powerhouses Yielding Above 5% That Wall Street Still Backs
With S&P 500 dividend yields at historic lows, finding a payout above 5% that Wall Street still trusts feels nearly impossible. Five stocks cleared every hurdle, and the one sitting at number one combines a near double-digit yield with a 17-year dividend streak.
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Frequently Asked Questions Regarding MPLX
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MPLX is a large midstream energy infrastructure company formed by Marathon Petroleum Corporation to provide essential logistics and transportation services across the hydrocarbon value chain. The company operates as a key component of the broader energy network, supporting the movement, processing, storage, and distribution of natural gas, natural... Read More
