MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas…
| Price | $59.23 |
|---|---|
| Market cap | $60.1B |
| Sector | Energy |
| Industry | Oil & Gas Midstream |
| Exchange | NYSE |
| 52-week range | 47.8-60.95 |
| Dividend (TTM) | $4.31 per share |
| Beta | 0.46 |
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