MPLX Lp (MPLX) NYSE

55.68

+0.69(+1.25%)

Updated at June 02 04:00PM

Currency In USD

MPLX Lp

Address

200 East Hardin Street

Findlay, OH 45840-3229

United States of America (the)

Phone

419 421 2414

Sector

Energy

Industry

Oil & Gas Midstream

Employees

6200

First IPO Date

October 26, 2012

Key Executives

NameTitlePayYear Born
Maryann T. MannenChairman of the Board, President & Chief Executive Officer of MPLX GP LLC5.16M1963
Carl Kristopher HagedornExecutive Vice President, Chief Financial Officer & Director of MPLX GP LLC1.24M1976
Shawn LyonSenior Vice President of Logistics & Storage - MPLX GP LLC1.47M1968
Gregory Scott FloerkeExecutive Vice President & Chief Operating Officer of MPLX GP LLC1.54M1963
Molly R. BensonChief Legal Officer & Corporate Secretary of MPLX GP LLC1.72M1967
Rick D. HesslingSenior Vice President of MPLX GP LLC01967
Brian K. ParteeSenior Vice President of MPLX GP LLC01974
David R. HeppnerSenior Vice President of MPLX GP LLC01967
Michael A. HenschenSenior Vice President of MPLX GP LLC01971
Kelly S. NieseVice President of Treasury - MPLX GP LLC01980
Kristina Anna KazarianVice President of Finance & Investor Relations - MPLX GP LLC01983

Description

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.