KMI vs MPLX

Kinder Morgan Inc.

Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas liquefaction and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; and owns interests in/or operates oil fields and gasoline processing plants, as well as operates a crude oil pipeline system in West Texas. It owns and operates approximately 83,000 miles of pipelines and 144 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.

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.