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MPLX LP (MPLX)

NYSE - Nasdaq Real Time Price. Currency in USD
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16.95-0.11 (-0.64%)
As of 11:53AM EDT. Market open.

MPLX LP

200 East Hardin Street
Findlay, OH 45840-3229
United States
419-421-2414
http://www.mplx.com

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

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael J. HenniganChairman, CEO & Pres of MPLX GP LLC4.31MN/A1959
Ms. Pamela K. M. BeallExec. VP, CFO & Director of MPLX GP LLC1.66M451.56k1956
Mr. Gregory Scott FloerkeExec. VP of Gathering, Processing, Trucks & Rail and COO - MPLX GP LLC1.58MN/A1963
Ms. Suzanne GagleGen. Counsel of MPLX GP LLC1.01MN/A1966
Mr. Shawn M. LyonVP of Operations - MPLX GP LLCN/AN/A1968
Ms. Kristina Anna KazarianVP of Investor Relations - MPLX GP LLCN/AN/A1983
Ms. Molly R. BensonVP, Chief Securities, Governance & Compliance Officer and Corp. Sec. of MPLX GP LLCN/AN/A1967
Mr. Timothy J. AydtExec. VP of Pipelines, Terminals & Marine and Chief Commercial OfficerN/AN/A1964
Mr. Raymond L. BrooksSr. VP of MPLX GP LLCN/AN/A1961
Mr. Phillip M. Anderson Jr.Sr. VP of Bus. Devel. of MPLX GP LLCN/AN/A1966
Amounts are as of December 31, 2019 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, exchange, storage, and marketing of natural gas liquids; transportation, storage, distribution, and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products, such as asphalt; and sale of residue gas and condensate. Its pipeline network includes 13,000 miles of pipeline throughout the United States; storage caverns consist of butane, propane, and liquefied petroleum gas storage with a combined capacity of 4.7 million barrels located in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico, as well as marine business owns and operates 23 boats, 286 barges, and third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. Further, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Additionally, the company operates 62 terminal facilities for refined petroleum products with a combined total shell capacity of approximately 23.6 million barrels primarily located in the Midwest, Gulf Coast, and Southeast regions. MPLX GP LLC acts as the general partner of MPLX LP. The company was founded in 2012 and is headquartered in Findlay, Ohio. MPLX LP is 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.