About MPLX
MPLX is a company based in Findlay (United States) founded in 2012.. The company has 5,560 employees as of December 31, 2024. MPLX has completed 3 acquisitions, including Andeavor Logistics, Matterhorn Express Pipeline and NW Midstream. MPLX operates in a competitive market with competitors including NuStar Energy, Buckeye Partners, Ocensa, Lotus Midstream and CanAsia Energy, among others.
- Headquarter Findlay, United States
- Employees 5560 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mplx Lp
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Annual Revenue
$11.13 B4.27as on Dec 31, 2024
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Net Profit
$4.31 B9.73as on Dec 31, 2024
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EBITDA
$5.78 B4.67as on Dec 31, 2024
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Latest Funding Round
$1 B (USD), Post-IPO
May 13, 2016
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Investors
Magnetar Capital
& 3 more
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Employee Count
5560
as on Dec 31, 2024
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Investments & Acquisitions
Andeavor Logistics
& 2 more
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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.
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Funding Insights of MPLX
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $1.0B
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First Round
First Round
(01 Jun 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Post-IPO - MPLX | Valuation |
investors |
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| Jun, 2014 | Amount | Debt – Conventional - MPLX | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Magnetar Capital is engaged in alternative asset management.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of natural gas pipeline transportation services
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2022 | ||||
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Midstream infrastructure for off-spec natural gas treatment is developed.
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2022 | ||||
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Midstream logistics services are provided across the energy sector.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MPLX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mplx Comparisons
Competitors of MPLX
MPLX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NuStar Energy, Buckeye Partners, Ocensa, Lotus Midstream and CanAsia Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Liquid terminals and pipelines are operated in the energy sector.
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| domain | founded_year | HQ Location |
Midstream logistic solutions for petroleum products are provided.
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| domain | founded_year | HQ Location |
Colombia's crude oil pipelines are managed across 830 kilometers.
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| domain | founded_year | HQ Location |
Crude oil transportation services are provided in the midstream sector.
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| domain | founded_year | HQ Location |
Crude oil and natural gas reserves are developed and produced.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mplx
Frequently Asked Questions about MPLX
When was MPLX founded?
MPLX was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is MPLX located?
MPLX is headquartered in Findlay, United States. It is registered at Findlay, Ohio, United States.
Who is the current CEO of MPLX?
Gary R Heminger is the current CEO of MPLX.
How many employees does MPLX have?
As of Dec 31, 2024, the latest employee count at MPLX is 5,560.
What is the annual revenue of MPLX?
Annual revenue of MPLX is $11.13B as on Dec 31, 2024.
What does MPLX do?
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.
Who are the top competitors of MPLX?
MPLX's top competitors include NuStar Energy, Buckeye Partners and Ocensa.
Is MPLX publicly traded?
Yes, MPLX is publicly traded on NYSE under the ticker symbol MPLX.
How many acquisitions has MPLX made?
MPLX has made 3 acquisitions, including Andeavor Logistics, Matterhorn Express Pipeline, and NW Midstream.
Who are MPLX's investors?
MPLX has 4 investors. Key investors include Magnetar Capital, Kayne Anderson Capital Advisors, The Energy & Minerals Group, and Stonepeak.
What is MPLX's ticker symbol?
The ticker symbol of MPLX is MPLX on NYSE.
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