MPLX: MPLX LP - Summary | Jitta
Price
$11.77
Loss Chance
42.2%
7.06JITTA SCORE
73.33%Under Jitta Line
Jitta Ranking
5 / 279
194 / 4,159
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (41)
Recent Business Performance (13)
Financial Strength (50)
Return to Shareholders (25)
Competitive Advantage (17)
Jitta Signs
Revenue and EarningRevenue decline from 2016-2019
Debt LevelHigh Long Term Debt
Recent Business PerformanceEarning decline 26.29% in the last quarter (yoy)
New Share IssuedMore than 50% in 5 years
CapExVery High
Key Stats
Jitta Score
Jitta Line
7.06
73.33%
3.46
54.01%
Oil and Gas Storage and Transportation
5.94
64.00%
7.15
81.09%
5.96
23.77%
COMPANY DESCRIPTION
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. The company also provides fuels distribution services. 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; and transportation, storage, and distribution of crude oil and refined petroleum products. MPLX LP also engages in the inland marine business, which transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Midwest and Gulf Coast regions through inland marine vessels. The company’s assets include approximately 8,000 miles of crude oil and refined product pipelines across 17 states; terminal facilities for refined petroleum products with a combined total shell capacity of approximately 23.7 million barrels primarily located in the Midwest, Gulf Coast, and Southeast regions; tank farm assets with a storage capacity of approximately 56 million barrels; and 48 rail and truck racks, 21 docks, and gasoline blenders. Its storage caverns consist of butane, propane, and liquefied petroleum gas storage with a combined capacity of 4,175 million barrels located in Neal, West Virginia; Woodhaven, Michigan; and Robinson, Illinois. The company's marine business owns and operates 23 boats, 256 barges, and third-party chartered equipment, as well as a marine repair facility located on the Ohio River. MPLX GP LLC acts as the general partner of MPLX LP. MPLX LP was founded in 2012 and is based in Findlay, Ohio. MPLX LP operates as a subsidiary of MPLX GP LLC.