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Stock exchange news MPLX LP

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  • FINDLAY, Ohio, Jan. 11, 2017 - MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corporation (NYSE: MPC), will host a conference call Wednesday, Feb. 1, at 11 a.m. EST to discuss 2016 fourth-quarter and full-year financial results, which will be released earlier that day, and to provide an update on partnership operations.MPLX participants will be Gary R. Heminger, chairman and chief executive officer; Donald C. Templin, president; Pamela K.M. Beall, executive vic...
  • FINDLAY, Ohio, Nov. 28, 2016 - MPLX LP (NYSE: MPLX) today announced the retirement of Craig O. Pierson, vice president of Operations of MPLX GP LLC, MPLX's general partner, and president of MPLX's subsidiary, Marathon Pipe Line LLC, effective Jan. 1. Timothy J. Aydt, who is currently general manager, Terminal, Transport & Rail at Marathon Petroleum Corporation (NYSE: MPC), will replace Pierson as vice president of Operations and president of Marathon Pipe Line and report to John Swearing...
  • Reported third-quarter net income of $141 million and adjusted EBITDA of $375 million on strong volume growth in the Northeast and Southwest Reported third-quarter net cash from operating activities of $339 million and distributable cash flow of $301 million Declared distribution of $0.515 per common unit, a 10 percent increase over third-quarter 2015 Affirmed 2016 distribution growth guidance of 12 to 15 percent; forecast 2017 distribution growth rate of 12 to 15 percent and a double-digit dist...
  • FINDLAY, Ohio, Oct. 25, 2016 - MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.515 per common unit for the third quarter of 2016. This represents an increase of $0.005 per unit, or 1 percent, over the second-quarter 2016 distribution and an increase of $0.045 per unit, or 10 percent, over the third-quarter 2015 distribution. Since the partnership's initial public offering in October 2012, the MPLX board has authorized...