MPLX

MPLX own, operate, develop and acquire crude oil, refined product and other hydrocarbon-based product pipelines and other midstream assets. Read more

27 Followers on Owler
27 Followers on Owler
27 Followers on Owler
27 Followers on Owler

MPLX

MPLX own, operate, develop and acquire crude oil, refined product and other hydrocarbon-based product pipelines and other midstream assets. Read more

MPLX TOP COMPETITORS OR ALTERNATIVES

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Long Ridge Energy is one of MPLX's top rivals. Long Ridge Energy is a Private company that was founded in 2017 in Canonsburg, Pennsylvania. Long Ridge Energy competes in the Renewable Energy industry. Compared to MPLX, Long Ridge Energy has 4,150 fewer employees.

ONEOK is seen as one of MPLX's biggest rivals. ONEOK was founded in 1906 in Tulsa, Oklahoma. Like MPLX, ONEOK also works within the Oil & Gas Exploration, Production, Sales field. ONEOK generates $2B more revenue than MPLX.

KMP is one of MPLX's top competitors. KMP was founded in 1997, and its headquarters is in Houston, Texas. Like MPLX, KMP also operates in the Oil & Gas Exploration, Production, Sales sector. KMP has 6,024 more employees than MPLX.

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MPLX Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$7.6B

MPLX's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 7.6B. Over the last four quarters, MPLX's revenue has grown by 702.5%. Specifically, in Q1 2021's revenue was $3.9B; in Q4 2020, it was $2.2B; in Q3 2020, it was $2.2B; in Q2 2020, MPLX's revenue was $489M.

MPLX Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Andeavor Logistics LP

May 2019

Source »
$9B
Andeavor Logistics processes, stores and transports natural gas and crude oil.
Pin Oak Holdings, LLC.

Sep 2018

Source »
$450M
Pin Oak provides crude oil, chemicals and fuel storage, heating, blending and transportation services.

-

Ozark Pipeline, Enbridge Pipelines (Ozark) LLC

Feb 2017

Source »
$220M
-

These are all the companies that MPLX has acquired. MPLX has acquired 3 companies and its latest acquisition was Andeavor Logistics LP in May 2019. Andeavor Logistics processes, stores and transports natural gas and crude oil.

MPLX Funding History

Since MPLX was founded in 2012, it has participated in 2 rounds of funding. In total MPLX has raised $427.3M. MPLX's last funding round was on Jan 2016 for a total of $46.7M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Jan 2016
$46.7M

Duff & Phelps Investment Management

IPO
Oct 2012
$380.6M

Since MPLX was founded in 2012, it has participated in 2 rounds of funding. In total MPLX has raised $427.3M. MPLX's last funding round was on Jan 2016 for a total of $46.7M

MPLX Investments

No recent investments found related to MPLX

These are all the companies that MPLX has invested in. MPLX has invested 3 companies and its latest investment was Andeavor Logistics LP in May 2019. Andeavor Logistics processes, stores and transports natural gas and crude oil.

MPLX News

March 18, 2021Markets Insider

MPLX LP to Announce 2021 First-Quarter Financial Results May 4

FINDLAY, Ohio, March 18, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership spons... See more »
February 26, 2021Markets Insider

MPLX LP files 2020 Form 10-K

FINDLAY, Ohio, Feb. 26, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today filed with the U.S. Securitie... See more »
February 17, 2021Powder and Bulk Solids

Howard Energy Buys Fractionation Plant from MPLX

The Javelina plant in Texas manufactures propylene, ethylene, hydrogen and other products.... See more »
February 16, 2021Hydrocarbon Engineering

Howard Energy Partners closes on acquisition of Javelina facility

Javelina is a treating and fractionation plant that extracts olefins, hydrogen, and NGLs from the gas... See more »
February 2, 2021MarketScreener

Reports Fourth Quarter and Full-Year 2020 Financial Results

(marketscreener.com) public $ 269 $ 270 $ 1,079 $ 988 Common units - MPC 445 446 1,793 1,647 Total GP... See more »
January 28, 2021Markets Insider

MPLX LP Announces Quarterly Distribution

FINDLAY, Ohio, Jan. 28, 2021 /PRNewswire/ -- The board of directors of the general partner of MPLX LP... See more »

MPLX Press Releases

September 25, 2020PR Newswire

Marathon Petroleum Corp. and MPLX LP announce redemption of outstanding senior notes

FINDLAY, Ohio, Sept. 25, 2020 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) and MPLX LP ... See more »
August 24, 2020centralcharts

Marathon Pipe Line LLC earns American Petroleum Institute Distinguished Pipeline Safety Award

Marathon Pipe Line LLC earns American Petroleum Institute Distinguished Pipeline Safety Award PR News... See more »
June 12, 2020centralcharts

MPLX LP to Announce 2020 Second-Quarter Financial Results Aug. 3

MPLX LP to Announce 2020 Second-Quarter Financial Results Aug. 3 PR Newswire FINDLAY, Ohio, June 12, ... See more »
April 3, 2020centralcharts

MPLX LP Reschedules 2020 First-Quarter Earnings Call to May 5

MPLX LP Reschedules 2020 First-Quarter Earnings Call to May 5 PR Newswire FINDLAY, Ohio, April 3, 202... See more »
March 20, 2020centralcharts

MPLX LP and Andeavor Logistics LP 2019 K-1 tax packages now available on company website

MPLX LP and Andeavor Logistics LP 2019 K-1 tax packages now available on company website PR Newswire ... See more »
April 8, 2019PR Newswire

MPLX LP to Announce 2019 First-Quarter Financial Results May 8

FINDLAY, Ohio, April 8, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponso... See more »
February 1, 2019PR Newswire

Crimson Midstream and MPLX Announce Extension of Binding Open Season for Swordfish Pipeline to Align with Capline Reversal Open Season

FINDLAY, Ohio, Jan. 31, 2019 /PRNewswire/ -- Crimson Midstream, LLC and MPLX LP (NYSE: MPLX) today an... See more »

Social Media

MPLX Headquarters

200 East Hardin Street

Findlay, Ohio45840

419-421-2414

Driving Directions »

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MPLX Summary

ABOUT

Overview

MPLX own, operate, develop and acquire crude oil, refined product and other hydrocarbon-based product pipelines and other midstream assets. MPLX was founded in 2012. MPLX's headquarters is located in Findlay, Ohio, USA 45840. It has raised 427.3M in 2...

CEO

MPLX's Chairman & CEO, Gary R. Heminger, currently has an approval rating of 63%. MPLX's primary competitors are Long Ridge Energy, ONEOK & KMP.

Website

mplx.com

Frequently Asked Questions about MPLX

  1. When was MPLX founded?

    MPLX was founded in 2012
  2. Who is MPLX's CEO?

    MPLX's CEO is Gary R. Heminger
  3. How much revenue does MPLX generate?

    MPLX generates $7.6B in revenue
  4. How much funding does MPLX have?

    MPLX has historically raised $427.3M in funding
  1. Where is MPLX's headquarters?

    MPLX's headquarters is in Findlay Ohio, USA
  2. How many employees does MPLX have?

    MPLX has 4,500 employees
  3. What sector does MPLX operate in?

    MPLX is in Pipelines, Integrated Oil & Gas, Oil & Gas Exploration, Production, Sales
  4. Who are MPLX's competitors?

    MPLX's top competitors are Long Ridge Energy, ONEOK, KMP