MPLX LP (MPLX)

Overview

MPLX LP, incorporated in 2012 and based in Findlay, Ohio, operates as an essential player in the midstream energy sector, primarily within the United States. The company's operations are broadly segmented into Logistics and Storage, and Gathering and Processing, indicating its diverse capabilities in managing and manipulating various forms of energy resources. MPLX LP functions under the umbrella of Marathon Petroleum Corporation, pointing to a robust backing and strategic alignment with the energy industry's demands. Through its comprehensive infrastructure and logistics assets, MPLX LP facilitates the critical movement, storage, and processing of energy resources, making it a pivotal entity in the energy supply chain.

Products and Services

• Gathering, Processing, and Transportation of Natural Gas

  MPLX LP specializes in aggregating natural gas from multiple sources, processing it to remove impurities, and then transporting it to meet market or consumer demands. This complete suite of services ensures a steady flow of natural gas, a critical resource for heating, electricity generation, and as a feedstock for various chemical processes.

• Gathering, Transportation, Fractionation, Storage, and Marketing of Natural Gas Liquids (NGLs)

  Alongside natural gas, MPLX also handles natural gas liquids, which are components extracted from natural gas like ethane, propane, and butane. The company's services include the collection of NGLs, their transportation to storage or processing facilities, fractionation (separation of NGLs into their constituent components), and the marketing of these commodities to industrial, commercial, and retail customers.

• Crude Oil and Refined Products Logistics

  The company offers comprehensive logistics services for crude oil and refined products. This encompasses the gathering, storage, and transportation of crude oil, along with the distribution of refined petroleum products. MPLX LP’s operations include managing a variety of transportation modes, including pipeline, rail, marine, and truck, to ensure the efficient distribution of energy resources.

• Inland Marine Business and Marine Repair Facility

  Through its inland marine business, MPLX LP extends its logistical capabilities to the waterways, operating a fleet of boats and barges for the transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks across the Mid-Continent and Gulf Coast regions. Additionally, its marine repair facility located on the Ohio River bolsters the operational efficiency and reliability of its fleet.

• Refining Logistics, Terminals, Rail Facilities, and Storage Caverns

  MPLX LP provides logistic support for refining operations, including the management of terminals, rail facilities, and large subterranean storage caverns. These assets play a critical part in the supply chain for refined products, enabling the company to facilitate the receipt, storage, blending, and delivery of petroleum products, integrating flexibility and efficiency into the broader energy ecosystem.