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
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- Legal Name Mplx Lp
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Annual Revenue
$11.13 B (USD)4.27as on Dec 31, 2024
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Net Profit
$4.31 B (USD)9.73as on Dec 31, 2024
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EBITDA
$5.78 B (USD)4.67as 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.
People of MPLX
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Funding Insights of MPLX
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.
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Magnetar Capital is engaged in alternative asset management.
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Investor details 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.
Investment portfolio details for MPLX
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of natural gas pipeline transportation services
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Midstream infrastructure for off-spec natural gas treatment is developed.
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Midstream logistics services are provided across the energy sector.
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Complete acquisition details for MPLX
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Financial Statements - MPLX
Detailed financials for MPLX
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Mplx Comparisons
Peer comparison for MPLX
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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.
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Liquid terminals and pipelines are operated in the energy sector.
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Midstream logistic solutions for petroleum products are provided.
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Colombia's crude oil pipelines are managed across 830 kilometers.
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Crude oil transportation services are provided in the midstream sector.
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Crude oil and natural gas reserves are developed and produced.
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Detailed competitors of MPLX
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Latest news on 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 current CEO of MPLX.
As of Dec 31, 2024, the latest employee count at MPLX is 5,560.
Annual revenue of MPLX is $11.13B as on Dec 31, 2024.
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 Ocensa.
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.
The ticker symbol of MPLX is MPLX on NYSE.