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.

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Earnings data Q4 2024

MPLX reports strong 2022 performance, eyes growth amid challenges

MPLX's strong financial performance in 2022, supported by robust EBITDA and distribution growth, reflects operational excellence and strategic investments.
While facing challenges such as weather impacts and potential industry slowdowns, MPLX's focus on efficiency, partnerships, and capital discipline positions it for sustainable growth.
Opportunities in low carbon expansion, Permian portfolio expansion, and asset synergies offer avenues for continued growth and market leadership for MPLX.
Overall, MPLX's performance, strengths, challenges, and opportunities underscore a resilient and forward-looking approach to value creation and stakeholder returns.

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.

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MPLX recently turned in a strong first quarter, backed by growth in both of its key segments. It has near-term opportunities that could result in meaningful additions to its business.

MPLX Has It All: 9% Yield, Growth And Distribution Growth

MPLX LP (NYSE:MPLX ) Q1 2023 Earnings Conference Call May 2, 2023 9:30 AM ET Company Participants Kristina Kazarian - VP, Finance & IR Michael Hennigan - Chairman, President & CEO John Quaid - EVP, CFO & Director Gregory Floerke - EVP & COO Shawn Lyon - SVP, Logistics & Storage Conference Call Participants Jeremy Tonet - JPMorgan Chase & Co. Brian Reynolds - UBS Keith Stanley - Wolfe Research Theresa Chen - Barclays Bank Neal Dingmann - Truist Securities Michael Blum - Wells Fargo Securities Indraneel Mitra - Bank of America Merrill Lynch Douglas Irwin - Citigroup Operator Welcome to the MPLX First Quarter 2023 Earnings Call. My name is Sheila, and I will be your operator for today's call.

MPLX LP (MPLX) Q1 2023 Earnings Call Transcript

Marathon Petroleum

FINDLAY, Ohio , May 2, 2023 /PRNewswire/ -- First -quarter net income attributable to MPLX of $943 million and net cash provided by operating activities of $1,227 million, up 14% and 9%, respectively, year over year Adjusted EBITDA attributable to MPLX of $1,519 million, up 9% year over year Distributable cash flow of $1,268 million, up 5% year over year Advancing growth projects anchored in the Marcellus, Permian and Bakken basins Returned $821 million in capital to unitholders through distributions MPLX LP (NYSE: MPLX) today reported first-quarter 2023 net income attributable to MPLX of $943 million, compared with $825 million for the first quarter of 2022.  Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) attributable to MPLX was $1,519 million, compared with $1,393 million for the first quarter of 2022.

MPLX LP Reports First-Quarter 2023 Financial Results

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Dividends received in March totaled $485.60. Forward dividend income grew by $75.55, translating to M/M growth of 1.28%.

My Dividend Growth Income - April 2023 Update

MPLX: The Stock Is A Buy For Its Strong Financial Statements.

MPLX: The Stock Is A Buy For Its Strong Financial Statements

MPLX Deserves A Place In Your Portfolio

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Both MMP and MPLX are sleep well at night high yield equities. While MMP has a higher credit rating, MPLX has a cheaper valuation.

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Dividends received in March totaled $644.63, a new personal record. Forward dividend income grew by $130, translating to M/M growth of 2.27%.

My Dividend Growth Income - March 2023 Update

MPLX LP (MPLX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Investors Heavily Search MPLX LP (MPLX): Here is What You Need to Know

Being a leading midstream energy player, MPLX has the least exposure to commodity price fluctuations.

Why Investors Should Consider Retaining MPLX Stock Right Now

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Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like DCP Midstream (DCP), The Williams Companies (WMB) and MPLX LP (MPLX).

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MPLX, MMP and EPD are among the best inflation-protected investments in today's markets.

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Bear markets create ultra-yield opportunities, but none better than MPLX, the highest-yielding non-speculative blue chip on Wall Street. MPLX's utility-like business is generating stable 40% free cash flow margins that are rising over time.

MPLX: Potentially The Safest 9.2% Yield For The Coming Recession

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MPC and other refiners are at peak earnings due to high crack spreads. However, much of MPC's value can be found in its midstream segment through its ownership of MPLX.

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FINDLAY, Ohio , March 16, 2023 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2022 investor tax packages are now available on its website, https://www.mplx.com. Investors may select the MPLX Tax Reporting Package link under the Investors tab, or use the following link: https://www.taxpackagesupport.com/mplx Additionally, MPLX plans to mail tax packages beginning March 22, 2023.

MPLX LP 2022 K-1 tax packages now available on company website

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FINDLAY, Ohio , March 9, 2023 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, May 2, 2023, at 9:30 a.m. EDT to discuss 2023 first-quarter financial results.

MPLX LP to Report First-Quarter Financial Results on May 2, 2023

MPLX generates stable and predictable cash flows from its energy transportation and storage business. MPLX achieved strong dividend coverage in 2022 and in Q4 '22 which protects the dividend and ensures dividend growth.

MPLX: This 8.9% Midstream Yield Is A Strong Buy

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MPLX has been rewarding investors with both robust unit repurchases and distribution increases. Its distribution is well-covered and it maintains a strong balance sheet with low leverage.

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News for MPLX Stock (MPLX)