MPLX LP
NYSE:MPLX

Watchlist Manager
MPLX LP Logo
MPLX LP
NYSE:MPLX
Watchlist
Price: 47.92 USD 1.35%
Market Cap: 48.8B USD
Have any thoughts about
MPLX LP?
Write Note

MPLX LP
Total Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

MPLX LP
Total Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
MPLX LP
NYSE:MPLX
Total Current Assets
$4.2B
CAGR 3-Years
41%
CAGR 5-Years
24%
CAGR 10-Years
45%
Energy Transfer LP
NYSE:ET
Total Current Assets
$13.3B
CAGR 3-Years
14%
CAGR 5-Years
14%
CAGR 10-Years
5%
ONEOK Inc
NYSE:OKE
Total Current Assets
$2.9B
CAGR 3-Years
3%
CAGR 5-Years
8%
CAGR 10-Years
5%
Williams Companies Inc
NYSE:WMB
Total Current Assets
$2.7B
CAGR 3-Years
-2%
CAGR 5-Years
13%
CAGR 10-Years
4%
Enterprise Products Partners LP
NYSE:EPD
Total Current Assets
$14.4B
CAGR 3-Years
4%
CAGR 5-Years
13%
CAGR 10-Years
6%
Kinder Morgan Inc
NYSE:KMI
Total Current Assets
$2.2B
CAGR 3-Years
-7%
CAGR 5-Years
-2%
CAGR 10-Years
-5%
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 Total Current Assets?
Total Current Assets
4.2B USD

Based on the financial report for Sep 30, 2024, MPLX LP's Total Current Assets amounts to 4.2B USD.

What is MPLX LP's Total Current Assets growth rate?
Total Current Assets CAGR 10Y
45%

Over the last year, the Total Current Assets growth was 54%. The average annual Total Current Assets growth rates for MPLX LP have been 41% over the past three years , 24% over the past five years , and 45% over the past ten years .

Back to Top