
MPLX LP
NYSE:MPLX

MPLX LP
Accounts Payable
MPLX LP
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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MPLX LP
NYSE:MPLX
|
Accounts Payable
$435m
|
CAGR 3-Years
-38%
|
CAGR 5-Years
-18%
|
CAGR 10-Years
22%
|
|
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Energy Transfer LP
NYSE:ET
|
Accounts Payable
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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ONEOK Inc
NYSE:OKE
|
Accounts Payable
$2.2B
|
CAGR 3-Years
18%
|
CAGR 5-Years
13%
|
CAGR 10-Years
9%
|
|
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Williams Companies Inc
NYSE:WMB
|
Accounts Payable
$1.6B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
24%
|
CAGR 10-Years
6%
|
|
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Enterprise Products Partners LP
NYSE:EPD
|
Accounts Payable
$1.4B
|
CAGR 3-Years
21%
|
CAGR 5-Years
4%
|
CAGR 10-Years
5%
|
|
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Kinder Morgan Inc
NYSE:KMI
|
Accounts Payable
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
MPLX LP
Glance View
MPLX LP operates as an integrated midstream company primarily in the United States, flourishing in a landscape defined by a delicate balance of energy demand and infrastructure development. Formed as a master limited partnership by Marathon Petroleum Corporation in 2012, MPLX LP seized the opportunity within the burgeoning shale oil and natural gas industries to carve out a robust position in transport and storage logistics. Essentially, MPLX ensures that natural gas, crude oil, and refined products reach their destinations efficiently through their extensive network of pipelines and storage facilities. The company’s operations are underpinned by long-term, fee-based contracts that yield consistent revenue, largely insulated from the volatile swings in commodity prices. This fee-for-service model secures steady cash flows by allowing producers to rely on MPLX's infrastructure to transport their products to markets or storage locations. At the heart of MPLX's strategy is its diversified operation encompassing both logistics and gathering and processing segments. The logistics segment manages transportation and storage that includes pipelines, terminals, and marine operations, creating a reliable transit hub for energy commodities. Meanwhile, the gathering and processing segment optimizes the supply chain at its origin by collecting raw natural gas and crude oil, subsequently treating and transforming it into market-ready components. This dual-segment model empowers MPLX to harness synergies across the energy supply chain, maintaining strong ties with Marathon Petroleum while also engaging third-party contracts. Through strategic expansions and acquisitions, MPLX has broadened its reach, ensuring that as energy trends evolve, it remains a steadfast player in the midstream infrastructure realm, capitalizing on its scalability and expertise to fuel future growth.

See Also
What is MPLX LP's Accounts Payable?
Accounts Payable
435m
USD
Based on the financial report for Dec 31, 2024, MPLX LP's Accounts Payable amounts to 435m USD.
What is MPLX LP's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
22%
Over the last year, the Accounts Payable growth was 1%. The average annual Accounts Payable growth rates for MPLX LP have been -38% over the past three years , -18% over the past five years , and 22% over the past ten years .