MPLX
Price:
$56.84
Market Cap:
$57.68B
MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids. It also handles the collection, storage, transportation, and distribution of crude oil, refi...[Read more]
Industry
Oil & Gas Midstream
IPO Date
2012-10-26
Stock Exchange
NYSE
Ticker
MPLX
According to MPLX Lp’s latest financial reports and current stock price. The company's current Current Ratio is 1.10. This represents a change of -5.67% compared to the average of 1.17 of the last 4 quarters.
The mean historical Current Ratio of MPLX Lp over the last ten years is 0.82. The current 1.10 Current Ratio has changed 13.33% with respect to the historical average. Over the past ten years (40 quarters), MPLX's Current Ratio was at its highest in in the September 2023 quarter at 1.96. The Current Ratio was at its lowest in in the December 2017 quarter at 0.43.
Average
0.82
Median
0.77
Minimum
0.43
Maximum
1.23
Discovering the peaks and valleys of MPLX Lp Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 76.43%
Maximum Annual Current Ratio = 1.23
Minimum Annual Increase = -59.22%
Minimum Annual Current Ratio = 0.43
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.23 | 21.39% |
| 2024 | 1.01 | -5.37% |
| 2023 | 1.07 | 34.87% |
| 2022 | 0.79 | 76.27% |
| 2021 | 0.45 | -38.02% |
| 2020 | 0.73 | 4.34% |
| 2019 | 0.70 | -7.97% |
| 2018 | 0.76 | 76.43% |
| 2017 | 0.43 | -59.22% |
| 2016 | 1.05 | 14.06% |
The current Current Ratio of MPLX Lp (MPLX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.10
5-year avg
0.91
10-year avg
0.82
MPLX Lp’s Current Ratio is greater than TC Energy Corporation (0.65), less than Energy Transfer LP (1.17), greater than Cheniere Energy, Inc. (0.57), greater than ONEOK, Inc. (0.71), less than Suncor Energy Inc. (1.42), greater than Kinder Morgan, Inc. (0.52), less than SLB N.V. (1.34), greater than Enterprise Products Partners L.P. (0.91), less than Imperial Oil Limited (1.23), less than Eni S.p.A. (1.16),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.65 | $70.53B | |
| 1.17 | $64.52B | |
| 0.57 | $47.57B | |
| 0.71 | $53.57B | |
| 1.42 | $65.33B | |
| 0.52 | $70.28B | |
| 1.34 | $71.90B | |
| 0.91 | $79.18B | |
| 1.23 | $55.96B | |
| 1.16 | $71.71B |
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