Compare · MPLX vs MRO
MPLX vs MRO
Side-by-side comparison of MPLX LP (MPLX) and Marathon Oil Corporation (MRO): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both companies sit in the Energy sector. MPLX focuses on Natural Gas Distribution, while MRO focuses on Oil & Gas Production.
- MPLX is the larger of the two at $59.51B, about 3.9x MRO ($15.45B).
- MPLX has hit the wire 15 times in the past 4 weeks while MRO has been quiet.
- MRO has more recent analyst coverage (25 ratings vs 23 for MPLX).
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.
Marathon Oil Corporation
Marathon Oil Corporation operates as an independent exploration and production company in the United States and Equatorial Guinea. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol, as well as owns and operates 32 central gathering and treating facilities and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. As of December 31, 2020, it had estimated proved developed reserves totaling 674 million barrels of oil equivalent (mmboe); and estimated proved undeveloped reserves totaling 298 mmboe. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
Latest MPLX
- MPLX LP prices $2.25 billion senior notes offering
- SEC Form FWP filed by MPLX LP
- SEC Form 424B5 filed by MPLX LP
- Amendment: Director Walker Ray N Jr was granted 2,696 units of Common Units, increasing direct ownership by 155% to 4,440 units (SEC Form 4)
- Amendment: Director Surma John P was granted 3,029 units of Common Units, increasing direct ownership by 3% to 92,219 units (SEC Form 4)
- Amendment: Director Stice J Michael was granted 3,029 units of Common Units, increasing direct ownership by 6% to 56,324 units (SEC Form 4)
- Amendment: Director Semple Frank M was granted 3,029 units of Common Units, increasing direct ownership by 5% to 61,201 units (SEC Form 4)
- Amendment: Director Peiffer Garry L. was granted 2,696 units of Common Units, increasing direct ownership by 4% to 66,769 units (SEC Form 4)
- Amendment: Director Helms Christopher A was granted 2,696 units of Common Units, increasing direct ownership by 3% to 83,447 units (SEC Form 4)
- Amendment: Director Breves Christine S was granted 2,696 units of Common Units, increasing direct ownership by 23% to 14,534 units (SEC Form 4)
Latest MRO
- SEC Form 15-12G filed by Marathon Oil Corporation
- ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation
- SEC Form S-8 POS filed by Marathon Oil Corporation
- SEC Form S-8 POS filed by Marathon Oil Corporation
- SEC Form S-8 POS filed by Marathon Oil Corporation
- SEC Form S-8 POS filed by Marathon Oil Corporation
- SEC Form S-8 POS filed by Marathon Oil Corporation
- SEC Form S-8 POS filed by Marathon Oil Corporation
- SEC Form S-8 POS filed by Marathon Oil Corporation
- SEC Form S-8 POS filed by Marathon Oil Corporation