MPLX LP Net Worth 2011-2023 | MPLX
Interactive chart of historical net worth (market cap) for MPLX LP (MPLX) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. MPLX LP net worth as of May 07, 2024 is $42.12B.
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Production and Pipelines |
$42.117B |
$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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