MPLX Company profile
MPLX is a diversified, growth-oriented master limited partnership (“MLP”) formed in 2012 by Marathon Petroleum Corporation to own, operate, develop and acquire midstream energy infrastructure assets. The company is engaged in the 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. Get updated on the MPLX COM (MPLX) share price at Capital.com.Latest shares articles
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