About MPLX
MPLX is a publicly listed company based in Findlay (United States) founded in 2012. Crude oil pipelines are operated in the United States. The company has 5,560 employees. MPLX has completed 3 acquisitions, including Andeavor Logistics, Matterhorn Express Pipeline and NW Midstream. Its chief executive, as recorded, is Gary R Heminger. Its website mplx.com draws about 12 thousand monthly visits. Its focus areas include Energy, Oil & Gas Midstream, Transportation and Pipelines. Its legal entity is MPLX LP. Its competitors include NuStar Energy, Buckeye Partners and Lotus Midstream; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2012, MPLX is headquartered in Findlay, United States, within the energy sector. Crude oil transportation is facilitated through an extensive pipeline network across North America. Midstream operations are managed, including logistics and infrastructure for petroleum products. The company is led by CEO Gary R. Heminger, with focus on reliable pipeline services in key U.S. regions.
- Annual Revenue$11.82 B (USD)6.17as on Dec 31, 2025
- Net Profit$4.91 B (USD)13.9as on Dec 31, 2025
- EBITDA$6.11 B (USD)5.62as on Dec 31, 2025
- Latest Funding Round$1B (USD), Post-IPO
May 2016
- InvestorsMagnetar Capital
& 3 more
- Employee Count5,560
- Investments & AcquisitionsAndeavor Logistics
& 2 more
Funding Insights of MPLX
- Total Rounds 2
- Last Round Post-IPO — $1B
- First Round $700M
(Jun 2014)
- Investors Count 4
All 2 funding rounds of MPLX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2016 | $1B | Post-IPO | – | – | |
| Jun 2014 | $700M | Debt – Conventional | – | – | – |
4 investors in total: 4 institutional.
Investors in MPLX
MPLX has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Magnetar Capital, Kayne Anderson Capital Advisors and The Energy & Minerals Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Magnetar Capital is engaged in alternative asset management. | magnetar.com | Evanston, United States | ||
| emgtx.com | ||||
| kaynecapital.com | ||||
Stonepeak is recognized as a leading alternative investment firm specializing in infrastructure and real assets. | stonepeakpartners.com | New York, United States |
Investor details for MPLX
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People of MPLX
27 people are tracked at MPLX (8 in leadership, 19 in team); the tracked headcount is 5,560.
| Name | Role | Group |
|---|---|---|
Gary R Heminger | CEO | Leadership |
Paul Mendenhall | Director Of Accounting Operations | Leadership |
Shana Sckena | Engineering Director | Leadership |
Kris Hagedorn | EVP & Chief Financial Officer | Leadership |
Michael J. Hennigan | Chairman, President and Chief Executive Officer of MPLX GP LLC | Leadership |
Pat Rudy | Vice President - Engineering & Technical Services MPLX G&p | Leadership |
Gary Borham | Director Engineering - Engineering & Technical Services, Gathering & Compression | Leadership |
Paul Giron | Director Of Engineering | Leadership |
Stuart Haller | Adv. EAM Analyst | Team |
Russell Miller | Engineering Manager | Team |
Timothy Wheeling Eit | Operations Engineering Manager | Team |
Jasmina Hasanović Bukva | Advanced Accounting Analyst | Team |
Susan Sievert | Senior Manager Accounting | Team |
Valerie Williams | Senior Accountant | Team |
Holly Williams | Executive Administrative Assistant | Team |
Dustin B. Vincent P.e. | Engineering Manager | Team |
Doug Ivey | Senior System Analyst | Team |
Matthew Amber E.i. | G&p Engineer II | Team |
Lisa Kalicki | Senior Contracts Analyst | Team |
Danny Dunnbier | Analyst | Team |
7 more people are available in the full profile.
Complete people profiles for MPLX
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IPO & Listings of MPLX
MPLX is a publicly listed company on the NYSE with ticker symbol MPLX in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Oct 2012
- Listed onNYSE: MPLX
- Listed entityMPLX LP
- Exchange sectorIndustrial services
- ISINUS55336V1008
- Share price$56.91 (+0.14% on the day) · 2026-10-13
- Market capitalisation$57.70B
- Price to earnings12.2
- EPS (diluted, trailing year)$4.65
- Dividend yield7.57%
- Volume (last session)561,422
Financials of MPLX
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $11.82B | $4.91B | $6.11B |
| 2024 | $11.13B | $4.31B | $5.78B |
| 2023 | $10.67B | $3.93B | $5.53B |
| 2022 | $11.14B | $3.94B | $5.63B |
| 2021 | $9.71B | $3.08B | $5.05B |
Detailed financial statements for MPLX
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Investments & Acquisitions by MPLX
MPLX has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Andeavor Logistics, Matterhorn Express Pipeline and NW Midstream.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Midstream infrastructure for off-spec natural gas treatment is developed. | nwmidstream.com | Houston, United States | 2022 | Jul 2025 | $2.38B | |
Provider of natural gas pipeline transportation services | matterhornexpress.com | Austin, United States | 2022 | May 2025 | •••• | |
Midstream logistics services are provided across the energy sector. | andeavorlogistics.com | San Antonio, United States | 2010 | May 2019 | $9B |
Complete acquisition details for MPLX
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Timeline of MPLX
7 dated milestones of MPLX across 13 years, from founding to its latest funding, stage changes and deals.
- Founded MPLX is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $700.0M.
- Funding Latest funding round, Post-IPO, of $1.0B.
- Acquisition Acquires Andeavor Logistics.
- Acquisition Acquires Matterhorn Express Pipeline.
- Acquisition Acquires NW Midstream.
Competitors of MPLX
MPLX has 3 listed competitors in our database, 1 of them funded. They include NuStar Energy, Buckeye Partners and Lotus Midstream.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nustarenergy.com | 2001 | United States | 1,184 | Liquid terminals and pipelines are operated in the energy sector. | ||
| buckeye.com | 1886 | Toledo, United States | 1,621 | Midstream logistic solutions for petroleum products are provided. | ||
| lotusmidstream.com | 2018 | Sugar Land, United States | $400M | Crude oil transportation services are provided in the midstream sector. |
Detailed competitors of MPLX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of MPLX
The website of MPLX (mplx.com) receives about 12.4K visits a month.
- Monthly visits12.4K
▲ 5.4% vs previous month
Websites whose visitors overlap most with MPLX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| marathonpetroleum.com | 100% | 93.9K | #549,450 | View details | |
rbnenergy.com | rbnenergy.com | 98% | #487,446 | – | |
| hartenergy.com | 98% | 110.1K | #529,925 | View details |
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as MPLX (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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Related news about Mplx
Complete news archive for MPLX
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Frequently Asked Questions about MPLX
MPLX was founded in 2012 and raised its 1st funding round 2 years after it was founded.
MPLX is headquartered in Findlay, United States. It is registered at Findlay, Ohio, United States.
Gary R Heminger is the CEO of MPLX, as recorded in our data.
MPLX has 5,560 employees.
Annual revenue of MPLX is $11.82B as on Dec 31, 2025.
Founded in 2012, MPLX is headquartered in Findlay, United States, within the energy sector. Crude oil transportation is facilitated through an extensive pipeline network across North America. Midstream operations are managed, including logistics and infrastructure for petroleum products. The company is led by CEO Gary R. Heminger, with focus on reliable pipeline services in key U.S. regions.
MPLX's top competitors include NuStar Energy, Buckeye Partners and Lotus Midstream.
Yes, MPLX is publicly traded on NYSE under the ticker symbol MPLX.
MPLX has made 3 acquisitions, including Andeavor Logistics, Matterhorn Express Pipeline, and NW Midstream.
MPLX has 4 investors. Key investors include Magnetar Capital, Kayne Anderson Capital Advisors, The Energy & Minerals Group, and Stonepeak.
MPLX operates through Mplx Lp.