MLP Stocks List: 5 Largest MLPs

3. MPLX LP (NYSE:MPLX)

Latest Market Capitalization: $34.5 billion

MPLX LP (NYSE:MPLX) gathers, stores, and distributes natural gas and crude oil. Additionally, it also operates rail and storage facilities as well as boats and barges. The firm is based in Findlay, Ohio.

Insider Monkey’s fourth quarter of 2022 survey of 943 hedge funds revealed that seven had bought the partnership’s units. MPLX LP (NYSE:MPLX)’s largest investor is Henry Breck’s Heronetta Management since it owns 460,533 units that are worth $15 million.

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