MPLX: MPLX LP - Summary | Jitta
Price
$55.62
Loss Chance
40.8%
7.00JITTA SCORE
7.59%Under Jitta Line
Jitta Ranking
75 / 211
1,772 / 4,218
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (70)
Recent Business Performance (52)
Financial Strength (68)
Return to Shareholders (87)
Competitive Advantage (65)
Jitta Signs
Revenue and EarningConsistent
Operating MarginExpansion
Return on EquityConsistently High
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 60 days
Key Stats
Jitta Score
Jitta Line
7.00
7.59%
3.83
178.67%
Oil and Gas Storage and Transportation
6.16
7.74%
6.16
7.74%
5.92
34.47%
COMPANY DESCRIPTION
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. 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 inland marine businesses, comprising fleet of boats and barges transport 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, it operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck 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.