# MPLX

> public company in the United States

**Wikidata**: [Q105965677](https://www.wikidata.org/wiki/Q105965677)  
**Source**: https://4ort.xyz/entity/mplx

## Summary
MPLX is a public company operating as a business entity within the United States. It is publicly traded on the New York Stock Exchange under the ticker symbol MPLX. As a publicly held company, it offers its securities to the general public and adheres to strict regulatory disclosure standards.

## Key Facts
*   **Entity Classification:** MPLX is an instance of a company, a business, and a public company.
*   **Stock Listing:** The company is listed on the New York Stock Exchange with the ticker symbol "MPLX".
*   **Location:** MPLX operates in the United States.
*   **SEC Identifier:** The company's Central Index Key (CIK) with the SEC is 0001552000.
*   **2022 Revenue:** $11.613 billion.
*   **2022 Net Profit:** $3.944 billion.
*   **2022 Operating Income:** $4.911 billion.
*   **Revenue Milestones:** Revenue grew from $486.3 million in 2014 to $11.613 billion in 2022.
*   **Net Profit Milestones:** The company recovered from a $720 million net loss in 2020 to a $3.944 billion net profit in 2022.
*   **Knowledge Graphs:** The entity has a Google Knowledge Graph ID of `/g/11r_896ld`.

## FAQs
**What type of organization is MPLX?**
MPLX is a public company and a business entity based in the United States. It is a type of joint-stock company that offers its securities to the general public on the open market.

**How has MPLX performed financially in recent years?**
The company has shown significant financial growth and recovery. In 2022, MPLX reported an operating income of $4.911 billion, a net profit of $3.944 billion, and revenues of $11.613 billion. This represents a strong recovery from 2020, when the company experienced a net loss of $720 million on $7.569 billion in revenue.

**Where does MPLX trade its stock?**
MPLX trades its securities on the New York Stock Exchange under the ticker symbol MPLX.

## Why It Matters
MPLX represents a significant entity within the modern capitalist economy as a publicly traded company on a major stock exchange. The public company structure enables MPLX to raise capital from a wide pool of investors, facilitating large-scale business operations and infrastructure development. By being publicly listed, MPLX must adhere to strict regulatory disclosure and reporting standards, such as filing annual 10-K reports with the SEC, which promotes transparency for investors. This structure provides liquidity for shareholders and allows the general public to participate in the company's financial performance.

## Notable For
*   Experiencing a massive financial turnaround from a $720 million net loss in 2020 to a $3.944 billion net profit in 2021.
*   Scaling annual revenues from $486.3 million in 2014 to over $11.6 billion just eight years later in 2022.
*   Operating as a listed entity on the New York Stock Exchange, providing public market liquidity.
*   Maintaining consistent SEC reporting under Central Index Key 0001552000 across multiple annual filings.

## Body

### Corporate Structure and Classification
MPLX is formally classified as a company, a business, and specifically, a public company. Operating within the United States, its corporate structure is that of a joint-stock company whose ownership is distributed among general public shareholders rather than being state-owned or privately held. As a public company, it distinguishes itself from private enterprises and government agencies by actively offering its securities for sale to the general public.

### Financial Performance and SEC Filings
MPLX is registered with the U.S. Securities and Exchange Commission (SEC) under the Central Index Key 0001552000. The company's financial history, documented through annual 10-K reports filed with the SEC, shows significant fluctuations and growth over an eight-year period.

*   **2014:** The company reported revenues of $486.3 million and a net profit of $77.9 million.
*   **2015:** Revenues increased to $703 million, with a net profit of $156 million.
*   **2016:** MPLX saw a jump in revenue to $2.59 billion and a net profit of $233 million.
*   **2017:** Revenues grew to $3.867 billion, accompanied by a net profit of $794 million.
*   **2018:** The company achieved revenues of $6.425 billion and a net profit of $1.818 billion.
*   **2019:** Revenues reached $9.041 billion, with a net profit of $1.033 billion.
*   **2020:** Despite reporting $7.569 billion in revenue, the company experienced a net loss of -$720 million. Operating income for this year was reported at $211 million.
*   **2021:** A record year for profit, MPLX reported revenues of $10.027 billion and a net profit of $3.077 billion. Operating income was reported at $3.992 billion.
*   **2022:** The company continued its strong performance with $11.613 billion in revenue, a net profit of $3.944 billion, and an operating income of $4.911 billion.

### Market Presence and Identifiers
MPLX is listed on the New York Stock Exchange under the ticker symbol "MPLX". The company is tracked across various digital databases and knowledge platforms. It is assigned the Google Knowledge Graph ID `/g/11r_896ld`. Furthermore, in geographic and mapping contexts, it is indexed in the OpenStreetMap Name Suggestion Index under two separate IDs: `mplx-154416` and `mplx-0d2314`.

## References

1. [Form 10-K. 2015](https://www.sec.gov/Archives/edgar/data/0001552000/000155200015000006/mplx-20141231x10k.htm)
2. [Form 10-K. 2016](https://www.sec.gov/Archives/edgar/data/0001552000/000155200016000136/mplx-20151231x10k.htm)
3. [Form 10-K. 2017](https://www.sec.gov/Archives/edgar/data/0001552000/000155200017000012/mplx-20161231x10k.htm)
4. [Form 10-K. 2018](https://www.sec.gov/Archives/edgar/data/0001552000/000155200018000020/mplx-20171231x10k.htm)
5. [Form 10-K. 2019](https://www.sec.gov/Archives/edgar/data/0001552000/000155200019000006/mplx-20181231x10k.htm)
6. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0001552000/000155200020000007/mplx-20191231x10k.htm)
7. [Form 10-K. 2021](https://www.sec.gov/Archives/edgar/data/0001552000/000155200021000017/mplx-20201231.htm)
8. [Form 10-K. 2022](https://www.sec.gov/Archives/edgar/data/0001552000/000155200022000007/mplx-20211231.htm)
9. [Form 10-K. 2023](https://www.sec.gov/Archives/edgar/data/0001552000/000155200023000008/mplx-20221231.htm)
10. [Form 10-K. 2014](https://www.sec.gov/Archives/edgar/data/0001552000/000155200014000004/mplx-20131231x10k.htm)
11. Name Suggestion Index