MPLX LP is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in July 2019.

MPLX LP

MPLX operates several natural gas gathering systems with the scope of services provided dependent on the composition of the raw or untreated gas. Our natural gas processing complexes remove the heavier and more valuable hydrocarbon components from natural gas.

NYSE:MPLX

MPLX LP

Last Close

41.48

24/04 20:00

Market Cap

42.22B

Beta: 1.42

Volume Today

2.05M

Avg: 1.78M

PE Ratio

10.44

PFCF: 8.24

Dividend Yield

8.63%

Payout:67.01%

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