Bullish Scenario MPLX

MPLX Price Targets :

$38.89
$39.91
$45.24


MPLX LP Overview:

MPLX LP is a diversified, large-cap master limited partnership formed by Marathon Petroleum Corporation (MPC). The company owns and operates a wide range of midstream energy infrastructure and logistics assets, in addition to providing fuels distribution services. MPLX's asset portfolio is extensive and includes:

Crude Oil and Refined Product Pipelines: MPLX manages a network of pipelines designed for the transportation of both crude oil and refined petroleum products. These pipelines play a vital role in the distribution of energy resources.

Inland Marine Business: The company is involved in an inland marine business, which likely includes the transportation of energy-related products via inland waterways.

Light-Product Terminals: MPLX owns terminals specifically for handling light petroleum products.

Storage Caverns and Tanks: The company has storage facilities, including caverns, refinery tanks, docks, loading racks, and associated piping for storing energy products.

Crude Oil and Light-Product Marine Terminals: These are terminals used for the efficient transfer of crude oil and light petroleum products.

Gathering Systems and Pipelines: MPLX owns and operates gathering systems and pipelines for both crude oil and natural gas.

Natural Gas and NGL Processing: The company is involved in the processing and fractionation of natural gas and natural gas liquids (NGL) in key U.S. supply basins.

MPLX's business model encompasses various aspects of the midstream energy sector, with a focus on transportation, storage, and processing of energy products. Please note that the status and details of companies can change over time, so for the most current information about MPLX LP, it's advisable to refer to the company's official documents and reports.
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