About MPLX
Overview
MPLX is a diversified, large-cap master limited
partnership formed by Marathon Petroleum Corporation
(MPC) that owns and operates midstream energy
infrastructure and logistics assets, and provides fuels
distribution services. MPLX’s assets include a network of
crude oil and refined product pipelines; an inland marine
business; light-product terminals; storage caverns;
refinery tanks, docks, loading racks, and associated
piping; and crude and light-product marine terminals.
The company also owns crude oil and natural gas
gathering systems and pipelines as well as natural gas
and natural gas liquids (NGL) processing and
fractionation facilities in key U.S. supply basins.
Operating Segments
LOGISTICS AND STORAGE GATHERING AND PROCESSING
> MPLX transports, stores and distributes crude oil, > MPLX operates several natural gas gathering systems
refined products and other hydrocarbon-based with the scope of services provided dependent on the
products throughout the U.S. Assets consist of a composition of the raw or untreated gas. Our natural gas
network of wholly and jointly-owned common carrier processing complexes remove the heavier and more
crude oil and refined product pipelines and associated valuable hydrocarbon components from natural gas.
storage assets, refined product terminals, storage he heavier and more valuable hydrocarbon
T
caverns, refinery-integrated tank farm assets including components, which have been extracted as a mixed
rail and truck racks, marine business, export terminals NGL stream, can be further separated into their
and wholesale and fuels distribution businesses. component parts for end-use sale through the process
of fractionation. We sell basic NGL products, including
ethane, propane, normal butane, isobutene, natural
gasoline and other primary products such as ethylene
and propylene.
Investment Data Contact
NYSE: MPLX MPLX
200 East Hardin St., Findlay, OH 45840
(419) 421-2414 • MPLX.com
September 2022
