News & Videos - MPLX LP - English

MPLX LP prices $1.65 billion senior notes offering PR Newswire FINDLAY, Ohio, May 15, 2024 FINDLAY, Ohio , May 15, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $1.65 billion in aggregate principal amount of 5.50% senior notes due 2034 (the "2034 senior notes") in an underwritten public offering. The 2034 senior notes were offered at a price to the public of 98.778% of par. MPLX intends to use the net proceeds from this offering to repay, redeem or otherwise retire...

MPLX LP Reports First-Quarter 2024 Financial Results PR Newswire FINDLAY, Ohio, April 30, 2024 FINDLAY, Ohio , April 30, 2024 /PRNewswire/ -- First-quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.3 billion Adjusted EBITDA attributable to MPLX of $1.6 billion and distributable cash flow of $1.4 billion Returned $951 million of capital to unitholders Advanced growth strategy with processing plants in the Marcellus and Permian basins;...

MPLX LP Announces Quarterly Distribution PR Newswire FINDLAY, Ohio, April 23, 2024 FINDLAY, Ohio , April 23, 2024 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.85 per common unit for the first quarter of 2024, or $3.40 on an annualized basis. The distribution will be paid on May 13, 2024 , to common unitholders of record as of May 3, 2024 . Qualified Tax Notice Concurrent with this announcement we are...

MPLX LP 2023 K-1 tax packages now available on company website PR Newswire FINDLAY, Ohio, March 21, 2024 FINDLAY, Ohio , March 21, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2023 investor tax packages are now available on its website, https://www.mplx.com . Investors may select the Taxation link under the Investors tab, or use the following link: https://www.taxpackagesupport.com/mplx Additionally, MPLX plans to mail tax packages beginning March 27, 2024 ....

MPLX LP to Report First-Quarter Financial Results on April 30, 2024 PR Newswire FINDLAY, Ohio, March 19, 2024 FINDLAY, Ohio , March 19, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, April 30, 2024 , at 9:30 a.m. EDT to discuss 2024 first-quarter financial results. Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com . A replay of the webcast will be available on MPLX's website for two weeks. Financial information,...

MPLX LP files 2023 Form 10-K PR Newswire FINDLAY, Ohio, Feb. 28, 2024 FINDLAY, Ohio , Feb. 28, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended Dec. 31, 2023 . The filing can be viewed through a link on MPLX's website at http://www.mplx.com by selecting the "SEC Filings" link under the "Investors" tab. Upon written request, unitholders may receive, free of charge, a hard copy of MPLX's Annual...

MPLX LP Reports Fourth-Quarter and Full-Year 2023 Financial Results PR Newswire FINDLAY, Ohio, Jan. 30, 2024 FINDLAY, Ohio , Jan. 30, 2024 /PRNewswire/ -- Fourth-quarter net income attributable to MPLX of $1.1 billion and adjusted EBITDA of $1.6 billion Full-year 2023 net income attributable to MPLX of $3.9 billion and adjusted EBITDA of $6.3 billion Full-year 2023 net cash provided by operating activities of $5.4 billion and distributable cash flow of $5.3 billion Returned $3.3 billion of...

MPLX LP Announces Quarterly Distribution PR Newswire FINDLAY, Ohio, Jan. 24, 2024 FINDLAY, Ohio , Jan. 24, 2024 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.85 per common unit for the fourth quarter of 2023, or $3.40 on an annualized basis. The distribution will be paid on Feb. 14, 2024 , to common unitholders of record as of Feb. 5, 2024 . Qualified Tax Notice Concurrent with this announcement we are...

MPLX LP announces C. Kristopher Hagedorn as Chief Financial Officer PR Newswire FINDLAY, Ohio, Dec. 21, 2023 FINDLAY, Ohio , Dec. 21, 2023 /PRNewswire/ -- Michael J. Hennigan, chairman, president and chief executive officer of the general partner of MPLX LP (NYSE: MPLX), today announced that C. Kristopher Hagedorn has been appointed executive vice president and chief financial officer of the general partner of MPLX, effective January 1, 2024 . As MPLX CFO, Hagedorn will succeed John J. Quaid ,...

MPLX LP to Report Fourth-Quarter and Full-Year Financial Results on January 30, 2024 PR Newswire FINDLAY, Ohio, Dec. 8, 2023 FINDLAY, Ohio , Dec. 8, 2023 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, January 30, 2024 , at 9:30 a.m. EST to discuss 2023 fourth-quarter and full-year financial results. Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com . A replay of the webcast will be available on MPLX's website for two...

MPLX LP Reports Third-Quarter 2023 Financial Results PR Newswire FINDLAY, Ohio, Oct. 31, 2023 FINDLAY, Ohio , Oct. 31, 2023 /PRNewswire/ -- Reported third-quarter net income attributable to MPLX of $918 million and generated net cash provided by operating activities of $1,244 million Adjusted EBITDA attributable to MPLX of $1,596 million and distributable cash flow of $1,373 million Returned $799 million in capital to unitholders through distributions Announced quarte rly distribution increase...

MPLX LP Increases Quarterly Distribution PR Newswire FINDLAY, Ohio, Oct. 24, 2023 FINDLAY, Ohio , Oct. 24, 2023 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.85 per common unit for the third quarter of 2023, or $3.40 on an annualized basis. This represents a 10% increase, or $0.075 increase per common unit, over the second quarter 2023 distribution. The distribution will be paid on Nov. 13, 2023 , to common...

MPLX LP to Report Third-Quarter Financial Results on October 31, 2023 PR Newswire FINDLAY, Ohio, Sept. 12, 2023 FINDLAY, Ohio , Sept. 12, 2023 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, October 31, 2023 , at 9:30 a.m. EDT to discuss 2023 third-quarter financial results. Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com . A replay of the webcast will be available on MPLX's website for two weeks. Financial information,...

MPLX LP 2022 K-3 tax packages now available on company website PR Newswire FINDLAY, Ohio, Sept. 11, 2023 FINDLAY, Ohio , Sept. 11, 2023 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2022 Schedule K-3 investor tax packages reflecting items of international tax relevance are now available on its website, https://www.mplx.com . Investors may select the Taxation link under the Investors tab or use the following link: https://www.taxpackagesupport.com/mplx . A limited number...

MPLX LP Reports Second-Quarter 2023 Financial Results PR Newswire FINDLAY, Ohio, Aug. 1, 2023 FINDLAY, Ohio , Aug. 1, 2023 /PRNewswire/ -- Reported second-quarter net income attributable to MPLX of $933 million and generated net cash provided by operating activities of $1,437 million Adjusted EBITDA attributable to MPLX of $1,531 million Distributable cash flow of $1,315 million Advancing Permian strategy with announcement of seventh gas processing plant and expansion of the BANGL Pipeline...

MPLX LP Announces Quarterly Distribution PR Newswire FINDLAY, Ohio, July 25, 2023 FINDLAY, Ohio , July 25, 2023 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.775 per common unit for the second quarter of 2023, or $3.10 on an annualized basis. The distribution will be paid on Aug. 14, 2023 , to common unitholders of record as of Aug. 4, 2023 . Qualified Tax Notice Concurrent with this announcement we are...

MPLX LP to Report Second-Quarter Financial Results on August 1, 2023 PR Newswire FINDLAY, Ohio, June 13, 2023 FINDLAY, Ohio , June 13, 2023 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, August 1, 2023 , at 9:30 a.m. EDT to discuss 2023 second-quarter financial results. Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com . A replay of the webcast will be available on MPLX's website for two weeks. Financial information,...

MPLX LP Reports First-Quarter 2023 Financial Results PR Newswire FINDLAY, Ohio, May 2, 2023 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...

MPLX LP Announces Quarterly Distribution PR Newswire FINDLAY, Ohio, April 25, 2023 FINDLAY, Ohio , April 25, 2023 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.775 per common unit for the first quarter of 2023, or $3.10 on an annualized basis. The distribution will be paid on May 15, 2023 , to common unitholders of record as of May 5, 2023 . Qualified Tax Notice Concurrent with this announcement we are...

MPLX LP 2022 K-1 tax packages now available on company website PR Newswire FINDLAY, Ohio, March 16, 2023 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...