MPLX LP
NYSE:MPLX

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MPLX LP
NYSE:MPLX
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Price: 47.92 USD 1.35% Market Closed
Market Cap: 48.8B USD
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MPLX LP
Other Long-Term Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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MPLX LP
Other Long-Term Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Long-Term Assets CAGR 3Y CAGR 5Y CAGR 10Y
MPLX LP
NYSE:MPLX
Other Long-Term Assets
$1.2B
CAGR 3-Years
125%
CAGR 5-Years
80%
CAGR 10-Years
89%
Energy Transfer LP
NYSE:ET
Other Long-Term Assets
$2B
CAGR 3-Years
4%
CAGR 5-Years
13%
CAGR 10-Years
8%
ONEOK Inc
NYSE:OKE
Other Long-Term Assets
$6.2B
CAGR 3-Years
145%
CAGR 5-Years
109%
CAGR 10-Years
40%
Williams Companies Inc
NYSE:WMB
Other Long-Term Assets
$1.7B
CAGR 3-Years
11%
CAGR 5-Years
17%
CAGR 10-Years
10%
Enterprise Products Partners LP
NYSE:EPD
Other Long-Term Assets
$674m
CAGR 3-Years
-6%
CAGR 5-Years
25%
CAGR 10-Years
15%
Kinder Morgan Inc
NYSE:KMI
Other Long-Term Assets
$1.2B
CAGR 3-Years
-15%
CAGR 5-Years
-16%
CAGR 10-Years
-7%
No Stocks Found

MPLX LP
Glance View

Market Cap
48.8B USD
Industry
Energy
Economic Moat
Narrow

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.

MPLX Intrinsic Value
49.81 USD
Undervaluation 4%
Intrinsic Value
Price

See Also

What is MPLX LP's Other Long-Term Assets?
Other Long-Term Assets
1.2B USD

Based on the financial report for Sep 30, 2024, MPLX LP's Other Long-Term Assets amounts to 1.2B USD.

What is MPLX LP's Other Long-Term Assets growth rate?
Other Long-Term Assets CAGR 10Y
89%

Over the last year, the Other Long-Term Assets growth was 7%. The average annual Other Long-Term Assets growth rates for MPLX LP have been 125% over the past three years , 80% over the past five years , and 89% over the past ten years .

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