MPLX LP (MPLX)

42.83 +0.08 (+0.19%) At close: 04:00PM EDT

MPLX LP

200 East Hardin Street
Findlay, OH 45840-3229
United States
419 422 2121
https://www.mplx.com

Sector(s): Energy
Industry: Oil & Gas Midstream
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael J. Hennigan	Executive Chairman of the Board of MPLX GP LLC	7.11M	N/A	1959
Mr. Gregory Scott Floerke	Executive VP & COO	1.43M	803.1k	1963
Mr. Shawn M. Lyon	Senior Vice President of Logistics & Storage	1.33M	1.02M	1968
Ms. Maryann T. Mannen	President, CEO & Director of MPLX GP LLC	N/A	N/A	1963
Mr. Carl Kristopher Hagedorn	Executive VP, CFO & Director	N/A	N/A	1976
Ms. Kelly D. Wright	VP, Controller & Principal Accounting Officer of MPLX GP LLC	N/A	N/A	1983
Ms. Kristina Anna Kazarian	Vice President of Finance & Investor Relations - MPLX GP LLC	N/A	N/A	1983
Ms. Molly R. Benson	Chief Legal Officer & Corporate Secretary of MPLX GP LLC	N/A	N/A	1967
Mr. Timothy J. Aydt	Executive Vice President of MPLX GP LLC	1.89M	3M	1964
Mr. Raymond L. Brooks	Senior Vice President	N/A	N/A	1961

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising fleet of boats and barges transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Corporate Governance

MPLX LP’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.