MPLX

MPLX is a diversified, large-cap master limited partnership formed in 2012 by Marathon Petroleum Corporation that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. It gathers, processes, and transports natural gas; transports, fractionates, stores, and markets natural gas liquids; and gathers, transports, stores, and distributes crude oil, refined products, other hydrocarbon-based products, and renewables. The partnership operates through two segments, Crude Oil and Products Logistics and Natural Gas and NGL Services, and is the primary midstream provider for Marathon Petroleum, the largest U.S. refiner by capacity. MPLX also serves producer customers across resource plays including the Permian Basin, Marcellus Shale, Utica Shale, STACK, and Bakken.