MPLX LP Profit Margin 2011-2023 | MPLX
Current and historical gross margin, operating margin and net profit margin for MPLX LP (MPLX) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. MPLX LP net profit margin as of December 31, 2023 is 34.82%.
| MPLX LP Annual Profit Margins |
| MPLX LP Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Production and Pipelines |
$40.641B |
$11.281B |
|
MPLX LP is a master limited partnership engaged in providing a wide range of midstream energy services, including fuel distribution solutions. The large-cap partnership owns, operate and develop midstream energy infrastructures and logistics assets, mostly for its parent company Marathon Petroleum Corporation. Apart from oil and natural gas gathering systems, the partnership's midstream assets comprise transportation pipelines for crude, natural gas and refined petroleum products. MPLX also has processing and fractionation facilities for natural gas and natural gas liquids. MPLX divides its operations into two segments - Logistics and Storage and Gathering and Processing. L&S:?The partnership's logistics and storage properties, which were primarily dropped down from Marathon Petroleum. G&P:?MPLX's gathering and processing properties are located in regions of the United States.
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