Dan Sandman - MPLX LP Independent Director of MPLX GP LLC

MPLX Stock  USD 48.27  0.69  1.45%   

Director

Mr. Dan D. Sandman is an Independent Director of MPLX GP LLC of the Company. Mr. Sandman was elected a member of the board of directors of our general partner effective October 2012. Mr. Sandman is an adjunct professor at The Ohio State University Moritz College of Law, where he has taught corporate governance law since 2007. He has served on the board of directors of Roppe Corporationrationration, a privately held company, since 1987. Additionally, Mr. Sandman serves on the boards of directors of the Heinz History Center, the Carnegie Science Center, the Carnegie Hero Commission, the Pittsburgh Opera and Grove City College. He has served as a courtappointed mediator of commercial cases pending in U.S. federal courts and has lectured on corporate governance law at Oxford University. Mr. Sandman began his career with Marathon in 1973 and served in a series of legal positions of increasing responsibility. In 1986, Mr. Sandman was appointed general counsel and secretary of Marathon Oil Company, and in 1993 he was named general counsel and secretary of USX Corporationrationration. Upon the spinoff of United States Steel Corporation from USX in 2002, Mr. Sandman was named vice chairman of the board of directors and chief legal and administrative officer of United States Steel, where he served until his retirement in 2007. During his time with United States Steel, Mr. Sandman was responsible at various times for management and oversight of aspects of Human Resources, Executive Compensation, Public Relations, Environmental and Government Affairs, as well as the Law Organization and the corporate secretarys office. Mr. Sandman graduated with a bachelor of arts degree from The Ohio State University in 1970 and a juris doctor degree from The Ohio State University College of Law in 1973. Mr. Sandman attended the Stanford Executive Program in 1989. since 2012.
Age 71
Tenure 12 years
Address 200 East Hardin Street, Findlay, OH, United States, 45840-3229
Phone419 422 2121
Webhttps://www.mplx.com
Sandman has served on the boards of The Phillips Companies, EMS Pipeline Service Company and the Ohio State University College of Law National Council. He currently serves on the boards of Roppe Corporationrationrationration, the Heinz History Center, the Carnegie Science Center, the Carnegie Hero Commission, British American Business Council, Pittsburgh Opera, the Western Golf Association, the St. Clair Country Club and Grove City College. He has served as a courtappointed mediator of commercial cases pending in U.S. federal court.

MPLX LP Management Efficiency

The company has return on total asset (ROA) of 0.074 % which means that it generated a profit of $0.074 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3156 %, meaning that it created $0.3156 on every $100 dollars invested by stockholders. MPLX LP's management efficiency ratios could be used to measure how well MPLX LP manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MPLX LP's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.11 in 2024, whereas Return On Capital Employed is likely to drop 0.1 in 2024. At this time, MPLX LP's Other Assets are fairly stable compared to the past year. Other Current Assets is likely to rise to about 51.5 M in 2024, whereas Total Assets are likely to drop slightly above 20.8 B in 2024.
MPLX LP currently holds 20.91 B in liabilities with Debt to Equity (D/E) ratio of 1.51, which is about average as compared to similar companies. MPLX LP has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about MPLX LP's use of debt, we should always consider it together with its cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

David TudorWestern Midstream Partners
59
Craig StewartWestern Midstream Partners
64
Stephen PolozEnbridge
65
Arthur ReichstetterKinder Morgan
74
Gregory GoffEnbridge
63
Daniel IVWestern Midstream Partners
N/A
Deborah MacdonaldKinder Morgan
69
David SchulteWestern Midstream Partners
59
Anthony HallKinder Morgan
76
John RutherfordEnterprise Products Partners
59
John McReynoldsEnergy Transfer LP
69
Richard SnellEnterprise Products Partners
77
Kenneth OwenWestern Midstream Partners
46
James CraneWestern Midstream Partners
65
Murray BrasseuxEnterprise Products Partners
71
Gerald SmithONEOK Inc
70
Ted GardnerKinder Morgan
63
David KeyteAntero Midstream Partners
64
Pamela CarterEnbridge
71
John MollenkopfAntero Midstream Partners
58
Gary HultquistKinder Morgan
77
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation. Mplx LP operates under Oil And Gas Equipment And Services classification in the United States and is traded on New York Stock Exchange. MPLX LP (MPLX) is traded on New York Stock Exchange in USA. It is located in 200 East Hardin Street, Findlay, OH, United States, 45840-3229 and employs 30 people. MPLX LP is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

MPLX LP Leadership Team

Elected by the shareholders, the MPLX LP's board of directors comprises two types of representatives: MPLX LP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MPLX. The board's role is to monitor MPLX LP's management team and ensure that shareholders' interests are well served. MPLX LP's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MPLX LP's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rick Hessling, Senior Vice President of MPLX GP LLC
Kristina Kazarian, Vice President of Investor Relations of MPLX GP LLC
Pamela Beall, Executive VP of Corporate Planning and Strategy of MPLX GP LLC and Director of MPLX GP LLC
Frank Semple, Independent Director of MPLX GP LLC
Dan Sandman, Independent Director of MPLX GP LLC
Suzanne Gagle, General Counsel of MPLX GP LLC
Michael Beatty, Independent Director of MPLX GP LLC
David Heppner, Senior LLC
John Quaid, Chief Financial Officer, Executive Vice President, Director of MPLX GP LLC
Kelly Niese, Vice Treasury
Molly Benson, Vice President, Chief Securities, Governance and Compliance Officer and Corporate Secretary of MPLX GP LLC
C Hagedorn, Vice President Controller of MPLX GP LLC
J Stice, Independent Director of MPLX GP LLC
Kelly Wright, Principal Accounting Officer, Vice President Controller
Brian Partee, Senior Vice President of MPLX GP LLC
Raymond Brooks, Executive Vice President of MPLX GP LLC
Carl Hagedorn, CFO VP
Gregory Floerke, Chief Operating Officer and Executive Vice President, Gathering & Processing, Trucks & Rail of the general partner
Peter Gilgen, Vice President Treasurer of MPLX GP LLC
Timothy Aydt, Vice President - Business Development of MPLX GP LLC
Michael Hennigan, Chairman of the Board, President, Chief Executive Officer of MPLX GP LLC
Thomas Kaczynski, Senior Vice President - Finance, Treasurer
Garry Peiffer, Independent Director of MPLX GP LLC
Maryann Mannen, Director of MPLX GP LLC
Christopher Helms, Independent Director of MPLX GP LLC
Shawn Lyon, Vice President - Operations of MPLX GP LLC
David Whikehart, Senior Vice President of MPLX GP LLC
John Surma, Independent Director of MPLX GP LLC
Phillip Anderson, Senior LLC
Donald Templin, President of MPLX GP LLC and Director of MPLX GP LLC

MPLX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MPLX LP a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for MPLX Stock Analysis

When running MPLX LP's price analysis, check to measure MPLX LP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MPLX LP is operating at the current time. Most of MPLX LP's value examination focuses on studying past and present price action to predict the probability of MPLX LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPLX LP's price. Additionally, you may evaluate how the addition of MPLX LP to your portfolios can decrease your overall portfolio volatility.