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MPLX LP (MPLX)

NYSE - NYSE Delayed Price. Currency in USD
40.34+0.04 (+0.10%)
At close: 04:00PM EDT
40.30 -0.04 (-0.10%)
Pre-Market: 04:10AM EDT

MPLX LP

200 East Hardin Street
Findlay, OH 45840-3229
United States
419 422 2121
https://www.mplx.com

Sector(s)Energy
IndustryOil & Gas Midstream
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael J. HenniganChairman of the Board, President & CEO of MPLX GP LLC7.11MN/A1959
Mr. Gregory Scott FloerkeExecutive VP & COO of MPLX GP LLC1.43M803.1k1963
Mr. Shawn M. LyonSenior Vice President of Logistics & Storage - MPLX GP LLC1.33M1.02M1968
Mr. Carl Kristopher HagedornExecutive VP, CFO at MPLX GP LLC & DirectorN/AN/A1976
Ms. Kelly D. WrightVP, Controller & Principal Accounting Officer of MPLX GP LLCN/AN/A1983
Ms. Kristina Anna KazarianVice President of Finance & Investor Relations - MPLX GP LLCN/AN/A1983
Ms. Molly R. BensonChief Legal Officer & Corporate Secretary of MPLX GP LLCN/AN/A1967
Mr. Timothy J. AydtExecutive Vice President of MPLX GP LLC1.89M3M1964
Mr. Raymond L. BrooksSenior Vice PresidentN/AN/A1961
Mr. Phillip M. Anderson Jr.Senior Vice President of Business Development of MPLX GP LLCN/AN/A1966
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising fleet of boats and barges transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Corporate Governance

MPLX LP’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.