MPLX
MPLX LP is a master limited partnership established by Marathon Petroleum Corporation. It operates an extensive network of common carrier crude oil and product pipelines and associated storage facilities primarily in the Midwest and Gulf Coast regions of the United States. The company's infrastructure includes approximately 2,900 miles of pipelines across nine states, making it one of the largest pipeline systems in the country based on annual volumes delivered. In addition to its pipeline assets, MPLX also holds significant gathering and processing capabilities, largely derived from its acquisition of MarkWest in 2015 and Andeavor Logistics in 2019. This diverse asset base supports MPLX's role in the transportation and processing of hydrocarbons, enhancing its position in the energy sector.
Andeavor Logistics is a full-service logistics company based in San Antonio, Texas, that specializes in midstream services. Established in 2011, it operates a comprehensive network of pipelines for crude oil, refined products, and natural gas, as well as a fleet of trucks and marine and storage terminals. The company primarily serves the western and mid-continent regions of the United States. Andeavor Logistics aims to enhance its market position through strategic mergers, acquisitions, and investments, thereby solidifying its role in the logistics sector. In July 2020, it became a subsidiary of MPLX LP, marking a significant step in its growth strategy.
MarkWest Energy Partners, L.P. (NYSE: MWE) is a publicly traded master limited partnership formed in January 2002. We are engaged in the gathering, processing and transportation of natural gas; the transportation, fractionation, storage and marketing of NGLs; and the gathering and transportation of crude oil.
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