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12.04.2018 21:04:00

MPLX LP to announce 2018 first-quarter financial results May 1

FINDLAY, Ohio, April 12, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call Tuesday, May 1, 2018, at 11 a.m. EDT to discuss 2018 first-quarter financial results, which will be released earlier that day, and to provide an update on partnership operations.

MPLX participants will be Gary R. Heminger, chairman and chief executive officer; Michael J. Hennigan, president; Pamela K.M. Beall, executive vice president and chief financial officer; and other senior executives. The call will be hosted by Kristina A. Kazarian, vice president of Investor Relations.

Interested parties may listen to the conference call by dialing (888) 606-5719 (confirmation number 6033306) or by visiting MPLX's website at http://www.mplx.com and clicking on the "2018 First-Quarter Financial Results" link in the "News & Headlines" section. Financial information, including the earnings release and other investor-related material, also will be available online. Replays of the conference call will be available on the partnership's website through Tuesday, May 15.

About MPLX LP

MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy infrastructure assets. MPLX is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; and the transportation, storage and distribution of crude oil and refined petroleum products through a marine fleet and approximately 10,000 miles of crude oil and light product pipelines. Headquartered in Findlay, Ohio, MPLX's assets consist of a network of crude oil and products pipelines and supporting assets, including storage facilities (tank farms) located in the Midwest and Gulf Coast regions of the United States; 62 light-product terminals with approximately 24 million barrels of storage capacity; storage caverns with approximately 2.8 million barrels of storage capacity; a barge dock facility with approximately 78,000 barrels per day of crude oil and product throughput capacity; and gathering and processing assets that include approximately 5.9 billion cubic feet per day of gathering capacity, 8.2 billion cubic feet per day of natural gas processing capacity and 610,000 barrels per day of fractionation capacity. In addition, MPLX provides fuels distribution services to MPC and owns refining logistics assets consisting of tanks with storage capacity of approximately 56 million barrels as well as refinery docks, loading racks and associated piping.

MPLX Energy Logistics Logo (PRNewsfoto/Marathon Petroleum Company LLC)

 

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SOURCE MPLX LP

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Marathon Petroleum Corporation 152,26 -0,18% Marathon Petroleum Corporation
MPLX LP. Partnership Units 49,50 2,55% MPLX LP. Partnership Units