Mplx's asset
Mplx

@mplx.com

MPLX owns, leases or has ownership interest in approximately 2,900 miles of pipeline across nine states.

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MPLX LP is a leading energy infrastructure company based in the United States. It was founded in 2012 as a wholly owned subsidiary of Marathon Petroleum Corporation (MPC) and is headquartered in Findlay, Ohio, United States. The company primarily operates in the midstream segment of the oil and gas industry, offering a wide range of products and services.


MPLX provides gathering, processing, and transportation services for natural gas, crude oil, and other refined petroleum products. It also operates a diverse portfolio of assets, including pipelines, storage facilities, marine terminals, and fractionation plants. MPLX has a global presence with assets and operations spread across the United States.


The company operates a vast network of pipelines, covering approximately 6,000 miles, that transport crude oil and natural gas to various destinations. It also has storage capacity of around 55 million barrels, ensuring reliable storage and distribution capabilities. In terms of subsidiaries, MPLX owns and operates several notable entities.


One of its key subsidiaries is MPLX GP LLC, which acts as the general partner and controls the operations and management of MPLX. Additionally, MPLX has formed strategic joint ventures and partnerships with other companies to enhance its operational capabilities and expand its market reach. MPLX holds a strong market position, both domestically and globally.


It is one of the largest midstream energy companies in the United States and holds significant market share in the transportation and storage of petroleum products. The company faces competition from other major players in the industry, such as Energy Transfer LP and Enterprise Products Partners LP. Over the years, MPLX has been successful in achieving significant milestones and expanding its business.


It has made strategic acquisitions, formed new partnerships, and invested in the expansion of its infrastructure. These initiatives have contributed to its growth and solidified its position as a leading midstream energy company. As of the latest available information, MPLX continues to demonstrate strong performance and growth.


The company has maintained a solid financial position and consistently delivers value to its shareholders. It remains committed to expanding its asset portfolio and pursuing growth opportunities in the evolving energy market. In conclusion, MPLX LP is a prominent energy infrastructure company in the United States, offering a comprehensive range of midstream services.


With its strong global presence, notable subsidiaries, and strategic partnerships, MPLX has established itself as a key player in the industry. Through consistent growth, strategic initiatives, and a commitment to innovation, MPLX continues to position itself for success in the dynamic energy market

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