MPLX Management
Management criteria checks 2/4
MPLX's CEO is Maryann Mannen, appointed in Aug 2024, has a tenure of less than a year. directly owns 0.009% of the company’s shares, worth $4.14M. The average tenure of the management team and the board of directors is 4.3 years and 7.1 years respectively.
Key information
Maryann Mannen
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 0.009% |
| Management average tenure | 4.3yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
MPLX: A Top Midstream Play For 2025
Dec 26MPLX's Excess Cash Dynamic Slows, Lower Prices Might Be Coming
Dec 19MPLX: 8% Yield And Strong Dividend Growth
Dec 04MPLX Vs. Western Midstream: Two Highest Yielding MLPs, One Is Superior
Nov 18MPLX: I Am Bullish Heading Into Earnings And The Next Distribution Increase
Oct 28MPLX: Strong Momentum, But Units Near Fair Value (Rating Downgrade)
Oct 21Like A Hungry Tiger, MPLX's Growth Roars On
Sep 20MPLX: The 8% Yield You Shouldn't Ignore
Aug 16MPLX: Back On The Bullish Train Yielding Over 8%
Jul 16MPLX: One Of The Most Attractive Dividend Picks In The MLP Space
Jun 11MPLX Still Financially Growing And Growing And Growing
May 10MPLX LP: This 8%-Yielding MLP Is Still A Buy Now
May 01Upside Isn't Over For MPLX LP Yet
Apr 08MPLX: Upside Getting Squeezed But Still A Strong Income Play Yielding 8.32%
Mar 27MPLX: Expect Another Large Distribution Increase In 2024
Feb 23MPLX: 9% Yield, More Strong Earnings
Jan 19MPLX Is Positioned For Continued Dividend Growth
Dec 17MPLX: A 10% Yielding Rich Retirement Dream Machine
Nov 16'Buy Income' - MPLX's 9.4% Yield Is A Good Place To Start
Nov 06MPLX Continues Higher As Other High-Yielding Investments Decline
Oct 05MPLX LP: High And Sustainable Dividend Yield
Sep 26MPLX: Strong Performance Should Lead To A Hefty Distribution Increase
Aug 25A Warm November Rain (Increased Distributions) Awaits MPLX Investors
Aug 11MPLX: 9% Yield, Record Earnings
Jul 21MPLX: The Ultimate Buffett-Style 9.2% Yielding Retirement Dream Blue-Chip
Jun 15MPLX: A Hefty 9% Yield And Growth On Top Of That
Feb 15MPLX prices two-part notes offering totaling $1.6B
Feb 02MPLX declares $0.775 dividend
Jan 27MPLX: Both Roads Lead To Higher Distributions
Jan 1310%-Yielding MPLX: Now Is The Time To Buy
Dec 11MPLX Q3 2022 Earnings Preview
Oct 31Magnifying MPLX's Finances And Possible Growth
Oct 19MPLX: An Energy Play For The Looming Recession Supported By A 10% Yield
Sep 25MPLX: Higher Distributions Should Only Be Months Away
Aug 25MPLX to redeem $1B senior notes
Aug 15MPLX LP raises $1B debt capital
Aug 09MPLX Q2 2022 Earnings Preview
Aug 01MPLX: Midstream Risks Grow With Energy Demand Destruction
Jul 22MPLX: Buy This 10% Yield At A Steep Discount To Value
Jun 27MPLX: Buy The Dip On This 10% Yield
Jun 20MPLX Is A Very Safe 8.5% Yielding Retirement Dream Stock
Jun 03MPLX: A Special Investment - Part 3
May 14MPLX: 8% Yield, Strong Q1 2022 Earnings, 6.5% Dividend Growth
May 06MPLX: Boost Your Income With This 8% Yield
Apr 11MPLX: 9% Yield, 5% Dividend Growth In 2022, Undervalued
Mar 11MPLX: A Special Investment - Part 2
Feb 17MPLX: Expect 12% To 18%+ Of Your Capital Returned During 2022
Feb 07MPLX: A 9% Distribution For Yield Starved Investors
Jan 27MPLX: A Special Investment
Dec 21CEO
Maryann Mannen (61 yo)
less than a year
Tenure
Ms. Maryann T. Mannen is a Director of MPLX GP LLC, the General Partner of MPLX LP since February 1, 2021 and serves as it's President and CEO of MPLX GP LLC, the General Partner of MPLX LP since August 01...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board of MPLX GP LLC | 7.5yrs | US$24.05m | 0.035% $ 17.0m | |
| Executive VP & COO | 4.3yrs | US$3.19m | 0.0088% $ 4.3m | |
| Senior Vice President of Logistics & Storage | 2.3yrs | US$3.02m | 0.0017% $ 822.3k | |
| President | less than a year | no data | 0.0086% $ 4.1m | |
| Executive VP | no data | no data | 0.0014% $ 701.4k | |
| VP, Controller & Principal Accounting Officer of MPLX GP LLC | 3.3yrs | no data | no data | |
| Vice President of Finance & Investor Relations - MPLX GP LLC | 6.7yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary of MPLX GP LLC | 8.8yrs | no data | 0.0035% $ 1.7m | |
| Executive Vice President of MPLX GP LLC | 2.2yrs | US$3.52m | no data | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President of Business Development of MPLX GP LLC | 6.2yrs | no data | no data | |
| Senior Vice President of MPLX GP LLC | 6.2yrs | no data | no data |
4.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: MPLX's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board of MPLX GP LLC | 7.5yrs | US$24.05m | 0.035% $ 17.0m | |
| President | 3.8yrs | no data | 0.0086% $ 4.1m | |
| Executive VP | less than a year | no data | 0.0014% $ 701.4k | |
| Lead Independent Director of MPLX GP LLC | 12.2yrs | US$242.10k | 0.0070% $ 3.4m | |
| Independent Director of MPLX GP LLC | 9yrs | US$206.25k | 0.048% $ 23.4m | |
| Independent Director of MPLX GP LLC | 12.2yrs | US$206.25k | 0.0077% $ 3.7m | |
| Director | 2.9yrs | US$3.55m | 0.0044% $ 2.1m | |
| Director of MPLX GP LLC | 2.1yrs | US$206.25k | 0.00074% $ 358.0k | |
| Independent Non-Executive Director of MPLX GP LLC | 12.5yrs | US$231.50k | 0.012% $ 5.9m | |
| Independent Non-Executive Director of MPLX GP LLC | 6.7yrs | US$206.25k | 0.0045% $ 2.2m |
7.1yrs
Average Tenure
66.5yo
Average Age
Experienced Board: MPLX's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 02:05 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MPLX LP is covered by 34 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Theresa Chen | Barclays |
| Brian Zarahn | Barclays |
| Richard Gross | Barclays |