MPLX: MPLX LP - Summary | Jitta
Price
$18.00
Loss Chance
42.5%
6.53JITTA SCORE
50.57%Under Jitta Line
Jitta Ranking
10 / 268
108 / 4,203
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (71)
Recent Business Performance (53)
Financial Strength (67)
Return to Shareholders (54)
Competitive Advantage (82)
Jitta Signs
Interest Coverage RatioVery Good
SG&A to SalesDecreasing Every Year
Cash Conversion CycleLess than 60 days
Revenue and EarningRevenue decline from 2016-2019
Debt LevelHigh Long Term Debt
Recent Business PerformanceEarning decline 161.32% in the last quarter (yoy)
New Share IssuedMore than 50% in 5 years
CapExVery High
Key Stats
Jitta Score
Jitta Line
6.53
50.57%
3.40
73.26%
Oil and Gas Storage and Transportation
6.09
57.62%
6.87
84.02%
5.00
56.68%
COMPANY 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, exchange, storage, and marketing of natural gas liquids; transportation, storage, distribution, and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products, such as asphalt; and sale of residue gas and condensate. Its pipeline network includes 13,000 miles of pipeline throughout the United States; storage caverns consist of butane, propane, and liquefied petroleum gas storage with a combined capacity of 4.7 million barrels located in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico, as well as marine business owns and operates 23 boats, 286 barges, and third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. Further, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Additionally, the company operates 62 terminal facilities for refined petroleum products with a combined total shell capacity of approximately 23.6 million barrels primarily located in the Midwest, Gulf Coast, and Southeast regions. MPLX GP LLC acts as the general partner of MPLX LP. The company was founded in 2012 and is headquartered in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.