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MPLX LP (MPLX)


NYSE - NYSE Delayed Price. Currency in USD
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34.05-0.75 (-2.16%)
At close: 4:01PM EDT
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MPLX LP

200 East Hardin Street
Findlay, OH 45840
United States
419-672-6500
http://www.mplx.com

SectorBasic Materials
IndustryOil & Gas Pipelines
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Gary R. HemingerChairman of MPLX GP LLC and Chief Exec. Officer of MPLX GP LLCN/AN/A64
Mr. Donald C. TemplinPres of MPLX GP LLC and Director of MPLX GP LLCN/AN/A54
Ms. Pamela K. M. BeallCFO of MPLX GP LLC, Exec. VP of MPLX GP LLC and Director of MPLX GP LLCN/AN/A61
Mr. C. Corwin BromleyChief Legal Officer, EVP, Gen. Counsel & Sec. - MPLX GP LLCN/AN/A59
Mr. Gregory S. FloerkeExec. VP of MPLX GP LLC and COO of MarkWest Operations - MPLX GP LLCN/AN/A54
Amounts are as of December 31, 2016 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, operates, develops, and acquires midstream energy infrastructure assets. It operates through Logistics and Storage; and Gathering and Processing segments. The company engages in gathering, processing, and transportation of natural gas; the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering, transportation, and storage of crude oil and refined petroleum products. The company’s assets included approximately 2,900 miles of crude oil and refined product pipelines across 9 states; interest in butane cavern located in Neal, West Virginia with approximately 1,000 thousand barrels of storage capacity. In addition, the company operates crude oil and product pipelines owned by third parties. Further, it engages in inland marine business, which transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Midwest and U.S. Gulf Coast regions through inland marine vessels. MPLX GP LLC acts as the general partner of MPLX LP. The company was founded in 2012 and is based 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.