MPLX is a limited partnership formed by Marathon Petroleum Corporation that owns and operates midstream energy infrastructure and logistics assets, and provides fuels distribution services. Co. has the following operating segments: Logistics and Storage (L&S) and Gathering and Processing (G&P) operating segments. Co.'s L&S segment primarily engages in the gathering, transportation, storage, and distribution of crude oil, refined products and other hydrocarbon-based products. Co.'s G&P segment primarily engages in the gathering, processing and transportation of natural gas as well as the gathering, transportation, fractionation, storage and marketing of natural gas liquids. We show 46 historical shares outstanding datapoints in our coverage of MPLX's shares outstanding history.
Understanding the changing numbers of MPLX shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MPLX versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching MPLX by allowing them to research MPLX shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
