Compare · MPC vs MPLX
MPC vs MPLX
Side-by-side comparison of Marathon Petroleum Corporation (MPC) and MPLX LP (MPLX): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both companies sit in the Energy sector. MPC focuses on Integrated oil Companies, while MPLX focuses on Natural Gas Distribution.
- MPC is the larger of the two at $109.69B, about 1.9x MPLX ($57.51B).
- MPLX has been more active in the news (12 items in the past 4 weeks vs 11 for MPC).
- Both have 25 recent analyst ratings on file.
Marathon Petroleum Corporation
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates in two segments: Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. It sells refined products to wholesale marketing customers domestically and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets; and transportation fuels through long-term fuel supply contracts to direct dealer locations, primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. The company also sell refined products for export to international customers. As of December 31, 2020, it operated 7,090 branded outlets in 35 states, the District of Columbia, and Mexico through independent entrepreneurs. The company also operates crude oil and refined product pipelines. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
MPLX LP
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; transportation, storage, distribution, and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. Its pipeline network located throughout the United States and Alaska; storage caverns consist of butane, propane, and liquefied petroleum gas storage with locations in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico; and marine business owns and operates boats and barges, including third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. In addition, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Further, the company operates terminal facilities for the receipt, storage, blending, adultization, handling, and redelivery of refined petroleum products located throughout the continental United States and Alaska. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is based in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.
Latest MPC
- Seven OPEC+ Producers Keep December Output Unchanged While Crude Opens Lower
- SEC Form 10-Q filed by Marathon Petroleum Corporation
- Oil Looks to Doha and Washington for Signs of a U.S.-Iran Ceasefire
- Marathon Petroleum Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Marathon Petroleum Corp. Reports Third-Quarter 2026 Results
- Marathon Petroleum Corp to Divest Minnesota and North Dakota Refineries & MPLX LP to Divest Related Midstream Assets
- CVR Energy Announces Transformative Transaction to Acquire 2 Refineries and Marketing Platform From Marathon Petroleum
- SEC Form 8-K filed by Marathon Petroleum Corporation
- David Constable to join Marathon Petroleum Corporation Board of Directors
- Marathon Petroleum Corp. Increases Quarterly Dividend
Latest MPLX
- Director Niemeyer Bruce L was granted 1,277 units of Common Units (SEC Form 4)
- Director Dunn Micheal G. was granted 1,277 units of Common Units (SEC Form 4)
- SEC Form 10-Q filed by MPLX LP
- MPLX LP filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- MPLX LP Reports Third-Quarter 2026 Financial Results; Announces Increase to Quarterly Distribution of 12.5%
- Marathon Petroleum Corp to Divest Minnesota and North Dakota Refineries & MPLX LP to Divest Related Midstream Assets
- New insider Niemeyer Bruce L claimed no ownership of stock in the company (SEC Form 3)
- New insider Dunn Micheal G. claimed no ownership of stock in the company (SEC Form 3)
- SEC Form 8-K filed by MPLX LP
- MPLX LP announces election of two new directors