MPLX LP (MPLX) - Stock Price & Dividends

MPLX LP, listed on the NYSE as MPLX, primarily focuses on owning and operating midstream energy infrastructure and logistics assets within the United States. The company operates through two main segments: Logistics and Storage, and Gathering and Processing.

They are intricately involved in various activities such as gathering, processing, and transporting natural gas; transporting, fractionating, exchanging, storing, marketing natural gas liquids; as well as gathering, storing, transporting, and distributing crude oil, refined products, and other hydrocarbon-based substances. MPLX LP is also active in the inland marine sector, transporting various products in the Mid-Continent and Gulf Coast regions, owning vessels and barges, and managing a marine repair facility along the Ohio River.

Moreover, MPLX LP participates in distribution, operating refining logistics, terminals, rail facilities, and storage caverns. They manage terminal facilities for receiving, storing, blending, and delivering refined petroleum products through various transportation modes. The company's general partner is MPLX GP LLC, and they were established in 2012, with headquarters in Findlay, Ohio. MPLX LP functions as a subsidiary of Marathon Petroleum Corporation. For more information, you can visit their official website.