Michael Beatty - MPLX LP Independent Director of MPLX GP LLC

MPLX Stock  USD 51.15  0.34  0.67%   

Director

Mr. Michael L. Beatty is Director of MPLX GP LLC of the Company. Mr. Beatty was elected a member of the board of directors of our general partner effective December 4, 2015, at the time of the MarkWest Merger in fulfillment of our obligations under the merger agreement with MarkWest to appoint two directors identified by MarkWest to the board of our general partner effective at the close of the merger. Mr. Beatty was a member of the board of directors of MarkWests general partner from 2008 until the MarkWest Merger, and served on the MarkWest boards nominating and corporate governance committee and compensation committee. He also serves on the board of directors of the Cystic Fibrosis Foundation. Mr. Beatty is a former chairman of the law firm of Beatty Wozniak, P.C. headquartered in Denver, Colorado, with a practice focused exclusively on energy, including oil and gas exploration, regulatory affairs, public lands, litigation and title. Prior to being appointed to the board of directors of MarkWest Energy Partners, L.P. in 2008, he served as a member of the board of directors of MarkWest Hydrocarbon. Mr. Beatty began his career in the energy industry as inhouse counsel for Colorado Interstate Gas Company, and ultimately became executive vice president, general counsel and director of The Coastal Corporationrationration. He also served as chief of staff to Governor Roy Romer of Colorado. Mr. Beatty is a graduate of the Harvard Law School. since 2015.
Age 71
Tenure 10 years
Address 200 East Hardin Street, Findlay, OH, United States, 45840-3229
Phone419 422 2121
Webhttps://www.mplx.com

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 Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.28 in 2025, whereas Return On Tangible Assets are likely to drop 0.13 in 2025. At this time, MPLX LP's Total Assets are fairly stable compared to the past year. Other Assets is likely to rise to about 44.1 B in 2025, whereas Intangible Assets are likely to drop slightly above 537.2 M in 2025.
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.

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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.

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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.