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Marathon Petroleum Limited Partnership (MPLX)

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Last Post: 12/8/2016 4:33:26 PM - Followers: 3 - Board type: Free - Posts Today: 0
MPLX LP (MPLX) was launched on October 26, 2012 and is a consolidated subsidiary of Marathon Petroleum Corporation (MPC). The company’s assets consist of a network of common carrier crude oil and product pipeline systems, and associated crude oil and product storage assets in the Midwest and Gulf Coast regions of the U.S.

MPLX owns, leases or has ownership interest in approximately 2,800 miles of pipeline across nine states. This network of petroleum pipelines is one of the largest in the U.S., based on total annual volumes delivered.

Additionally, the company owns and operates a barge dock facility located on the Mississippi River near Wood River, Ill., with approximately 80 thousand barrels-per-day of crude oil and product throughput capacity, several crude oil and product storage facilities, or tank farms, located in Patoka, Wood River and Martinsville, Ill., and Lebanon, Ind., with approximately 3.3 million barrels of shell capacity and a butane storage cavern located in Neal, W. Va., with one million barrels of working capacity that serves MPC’s Catlettsburg, Ky., refinery.

MPLX’s operations are strategically located within, and integral to, MPC’s refining and marketing supply network, and will continue to provide MPC with a logistical competitive advantage.
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MPLX News: MPLX Vice President of Operations Craig O. Pierson to retire 11/28/2016 04:15:17 PM
MPLX News: Statement of Changes in Beneficial Ownership (4) 11/23/2016 01:26:48 PM
MPLX News: Statement of Changes in Beneficial Ownership (4) 11/16/2016 09:23:09 AM
MPLX News: Statement of Changes in Beneficial Ownership (4) 11/16/2016 09:20:02 AM
MPLX News: Statement of Changes in Beneficial Ownership (4) 11/16/2016 09:18:06 AM