MPLX

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water. The Gathering and Processing segment gathers, processes, and transports natural gas, and gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs). The company was founded on March 27, 2012 and is headquartered in Findlay, OH.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

MPLX reports solid Q1 earnings, eyes growth in low-carbon ventures

MPLX's Q1 2023 earnings call highlighted strong financial performance, a focus on growth projects in key regions, and participation in low-carbon initiatives. The company's disciplined approach to capital management and debt reduction efforts are notable. Challenges related to inflation adders and FERC regulations require careful monitoring and strategic planning.

MPLX reports strong Q2 earnings, focuses on sustainable growth

MPLX's Q2 performance reflects resilience with solid financial metrics and a focus on capital returns.
The company's strategic strengths lie in advancing value chain strategies, ESG commitments, and sustainable energy initiatives.
Challenges include pricing pressures and the need for careful capital allocation amidst growth opportunities.
Opportunities exist in growth projects, potential M&A, and leveraging ESG efforts for long-term success.

MPLX reports record Q3 results, eyes growth in emerging sectors

MPLX's Q3 performance reflects robust financial health and operational excellence, driven by record EBITDA and cash flow.
While facing debt maturity and regulatory risks, the company's strategic strengths and growth initiatives position it for long-term success.
Opportunities in emerging energy sectors and operational optimization present avenues for sustained growth and profitability.
Prudent financial management and strategic investments will be key in navigating challenges and capitalizing on future prospects.

MPLX reports robust Q4 earnings, poised for sustained growth

MPLX's Q4 2023 performance reflects strong operational and financial achievements, driven by record throughput and solid EBITDA growth. The company's strategic focus on organic growth, efficiency, and capital deployment underscores its commitment to sustained performance and value creation.

MPLX reports strong Q1 earnings, eyes global oil demand growth

MPLX's Q1 2024 performance reflects solid financial growth, operational advancements, and strategic positioning for future success. Despite short-term challenges, the company's focus on disciplined growth, capital optimization, and increasing distributions underscores a positive outlook for investors.

MPLX reports solid Q2 performance, eyes growth in energy sectors

MPLX's Q2 2024 performance reflects strong financials, operational efficiency, and strategic investments for future growth.
While maintaining financial stability and returning value to shareholders, the company faces challenges in operational management and market dynamics.
Strategic focus on growth opportunities in key energy value chains presents MPLX with avenues for sustained growth and market leadership.

MPLX reports record Q3 earnings, eyes growth in natural gas

MPLX delivered strong financial performance with record adjusted EBITDA and distributable cash flow in Q3. The company showcased operational excellence and strategic growth advancements through acquisitions and organic opportunities. Challenges lie in balancing distribution growth with capital allocation, but opportunities for future growth are promising.

MPLX reports strong Q1 earnings, eyes growth through strategic acquisitions

MPLX's Q1 2025 performance reflects solid financial results, driven by increased EBITDA and distributable cash flow, supported by strategic acquisitions. The company's focus on financial strength, operational excellence, and growth investments positions it well for sustainable growth and capital returns. While facing challenges in integration and leverage management, MPLX remains poised to capitalize on opportunities through market expansion and strategic acquisitions.

MPLX acquires North Wind Midstream, anticipates strong EBITDA growth

MPLX's Q2 performance reflects steady growth and strategic acquisitions, driving positive EBITDA outlook. While facing integration challenges and market uncertainties, the company is well-positioned to leverage opportunities in expanding its asset base and optimizing operational efficiency.

MPLX reports robust Q3 earnings, poised for strategic growth

MPLX demonstrated strong financial performance with increased distributions and solid EBITDA generation. The company is strategically positioned for growth in key basins and expansion of critical infrastructure. Challenges lie in project execution, regulatory compliance, and managing market risks. Opportunities include expanding pipelines, enhancing capacity, and leveraging acquisitions for future growth.

MPLX reports robust 2025 performance, eyes growth amid challenges

MPLX's strong 2025 performance with over $7 billion in adjusted EBITDA and $4.4 billion returns to unitholders Balanced focus on growth projects, confidence in capturing market value, and solid financial position Challenges include impact of asset divestment, refinancing senior notes, and market uncertainties Opportunities lie in basin growth, EBITDA expansion, and strategic investments for long-term value

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MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Crude Oil and Products Logistics and Natural Gas and NGL Services segments. The Crude Oil and Products Logistics segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water. The Natural Gas and NGL Services segment gathers, processes, and transports natural gas, and gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs). The company was founded on March 27, 2012 and is headquartered in Findlay, OH.