MPLX LP

NYSE: MPLX
$40.41
+$0.01 (+0.0%)
Closing price May 16, 2024

MPLX Chart and Intraday Price

MPLX Company Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector ENERGY & TRANSPORTATION
Industry PIPE LINES (NO NATURAL GAS)
Address 200 E. HARDIN STREET, FINDLAY, OH, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 39,047.58M USD
Shares Outstanding 1,001,220,000
MPLX LP is a key player in the energy sector, focusing on the midstream infrastructure and logistics in the United States. With a broad portfolio that includes the gathering, processing, and transportation of natural gas, as well as the handling of natural gas liquids, crude oil, and refined products, MPLX supports vital energy supply chains. It also operates in the inland marine business, moving products across the Mid-Continent and Gulf Coast regions. Founded in 2012 and based in Findlay, Ohio, MPLX is a subsidiary of Marathon Petroleum Corporation, underscoring its significant role in the energy industry.

MPLX Articles

Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital...
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On the cover of the Friday, April 12, 2024 edition of The Wall Street Journal, the headline read: “Cost of Owning a Home Soars”. The article cited one family whose home insurance costs had risen...
Herman Minsky was an American economist and a professor of economics at Washington University and Bard College. He was one of the first economists to successfully explain the gross inflation...
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Since topping out at $120 in the summer of 2022, the major oil benchmarks had traded down every month until bottoming at the beginning of December that year. The decline from the top in June of 2022...
Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and...
While most investors have been fixated on the parabolic rise of the Nasdaq, the S&P 500, and Bitcoin, hardly any big money has been watching energy. That likely will end as West Texas...
 The inflationary environment over the past few years has constricted consumer buying power, resulting in supplementary income requirements by many. For those who cannot augment their paychecks with...
Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and...
Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and...
Since topping out at $120 in the summer of 2022, the major oil benchmarks had traded down every month until bottoming at the beginning of December. The decline from the top in June of 2022 was a...
Since topping out at $120 in the summer of 2022, the major oil benchmarks had traded down every month until bottoming at the beginning of December. The decline from the top in June of 2022 was a...
Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and...
Since topping out at $120 in the summer of 2022, the major oil benchmarks had traded down every month until bottoming at the beginning of December. The decline from the top in June of 2022 was a...