Mplx LP (MPLX-N) Profile - The Globe and Mail

Profile

MPLX LP is a master limited partnership engaged in providing a wide range of midstream energy services, including fuel distribution solutions. The large-cap partnership owns, operate and develop midstream energy infrastructures and logistics assets, mostly for its parent company Marathon Petroleum Corporation. Apart from oil and natural gas gathering systems, the partnership's midstream assets comprise transportation pipelines for crude, natural gas and refined petroleum products. MPLX also has processing and fractionation facilities for natural gas and natural gas liquids. MPLX divides its operations into two segments - Logistics and Storage and Gathering and Processing. L&S:'The partnership's logistics and storage properties, which were primarily dropped down from Marathon Petroleum. G&P:'MPLX's gathering and processing properties are located in regions of the United States.

Key Executives

Name	Title
Maryann T. Mannen	CEO/Chairman of the Board/Director/President
Gregory S. Floerke	COO/Executive VP
C. Kristopher Hagedorn	CFO/Director/Executive VP
Molly R. Benson	Chief Legal Officer/Secretary
Brian K. Partee	Senior VP
David R. Heppner	Senior VP
Rick D. Hessling	Senior VP
Kristina A. Kazarian	Vice President, Divisional
Shawn M. Lyon	Senior VP, Divisional
Kelly S. Niese	Vice President, Divisional
Rebecca L. Iten	Chief Accounting Officer/Controller/Vice President
Maria A. Khoury	CFO, Subsidiary/Director/Executive VP, Subsidiary
Michael A. Henschen	Senior VP