News & Videos - MPLX LP - Page 2

MPLX LP Reports Fourth-Quarter and Full-Year 2022 Financial Results PR Newswire FINDLAY, Ohio, Jan. 31, 2023 FINDLAY, Ohio , Jan. 31, 2023 /PRNewswire/ -- Fourth -quarter net income attributable to MPLX of $816 million and full-year net income of $3.9 billion Fourth -quarter adjusted EBITDA attributable to MPLX of $1.5 billion and full-year 2022 adjusted EBITDA of $5.8 billion Full-year 2022 net cash provided by operating activities of $5.0 billion and over $3.5 billion in capital returned to...

MPLX LP Announces Quarterly Distribution PR Newswire FINDLAY, Ohio, Jan. 25, 2023 FINDLAY, Ohio , Jan. 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 fourth quarter of 2022, or $3.10 on an annualized basis. The distribution will be paid on Feb. 14, 2023 , to common unitholders of record as of Feb. 6, 2023 . Qualified Tax Notice Concurrent with this announcement we are...

MPLX LP to Report Fourth-Quarter and Full-Year Financial Results on January 31, 2023 PR Newswire FINDLAY, Ohio, Dec. 16, 2022 FINDLAY, Ohio , Dec. 16, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, January 31, 2023 , at 9:30 a.m. EST to discuss 2022 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 2022 Financial Results PR Newswire FINDLAY, Ohio, Nov. 1, 2022 FINDLAY, Ohio , Nov. 1, 2022 /PRNewswire/ -- Reported third-quarter net income attributable to MPLX of $1,428 million ; includes $509 million non-cash lease reclassification gain Reported adjusted EBITDA attributable to MPLX of $1,471 million , up 6% year over year Generated $1,039 million in net cash provided by operating activities Returned $935 million of capital to unitholders through $755 million of...

MPLX LP Increases Quarterly Distribution PR Newswire FINDLAY, Ohio, Nov. 1, 2022 FINDLAY, Ohio , Nov. 1, 2022 /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 third quarter of 2022, or $3.10 on an annualized basis. This represents a 10% increase, or $0.07 per common unit, over the second quarter 2022 distribution. The distribution will be paid on Nov. 22, 2022 , to common unitholders...

MPLX LP to Report Third-Quarter Financial Results on November 1, 2022 PR Newswire FINDLAY, Ohio, Sept. 14, 2022 FINDLAY, Ohio , Sept. 14, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, November 1, 2022 , at 9:30 a.m. ET to discuss 2022 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 2021 K-3 tax packages now available on company website PR Newswire FINDLAY, Ohio, Sept. 13, 2022 FINDLAY, Ohio , Sept. 13, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2021 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 Tax Reporting Package link under the Investors tab, or use the following link:...

MPLX LP announces redemption of senior notes PR Newswire FINDLAY, Ohio, Aug. 15, 2022 FINDLAY, Ohio , Aug. 15, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced the redemption of (i) all of the $500 million outstanding aggregate principal amount of MPLX's 3.500% senior notes due Dec. 1, 2022 (including the portion of such senior notes issued by Andeavor Logistics LP and Tesoro Logistics Finance Corp.) and (ii) all of the $500 million outstanding aggregate principal amount of MPLX's...

MPLX LP prices $1.0 billion senior notes offering PR Newswire FINDLAY, Ohio, Aug. 8, 2022 FINDLAY, Ohio , Aug. 8, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $1,000,000,000 in aggregate principal amount of 4.950% senior notes due 2032 (the "Notes") in an underwritten public offering. The Notes were offered at a price to the public of 99.433% of par. MPLX intends to use the net proceeds from this offering to repay, redeem or otherwise retire some or all of its (i)...

MPLX LP Reports Second-Quarter 2022 Financial Results PR Newswire FINDLAY, Ohio, August 2, 2022 FINDLAY, Ohio , August 2, 2022 /PRNewswire/ -- Reported second-quarter net income attributable to MPLX of $875 million and adjusted EBITDA attributable to MPLX of $1.5 billion Generated $1.5 billion in net cash provided by operating activities Returned over $750 million of capital to unitholders through distributions and unit repurchases Announces incremental $1 billion repurchase authorization for...

MPLX LP Announces Quarterly Distribution PR Newswire FINDLAY, Ohio, July 26, 2022 FINDLAY, Ohio , July 26, 2022 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.7050 per common unit for the second quarter of 2022, or $2.82 on an annualized basis. The distribution will be paid on Aug. 12, 2022 , to common unitholders of record as of Aug. 5, 2022 . This release is intended to be a qualified notice under Treasury...

MPLX LP to Report Second-Quarter Financial Results on August 2, 2022 PR Newswire FINDLAY, Ohio, June 16, 2022 FINDLAY, Ohio , June 16, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, August 2, 2022 , at 9:30 a.m. EDT to discuss 2022 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 2022 Financial Results PR Newswire FINDLAY, Ohio, May 3, 2022 FINDLAY, Ohio , May 3, 2022 /PRNewswire/ -- Reported first-quarter net income attributable to MPLX of $825 million and adjusted EBITDA attributable to MPLX of $1.4 billion Generated $1.1 billion in net cash provided by operating activities Returned over $850 million in capital to unitholders through distributions and unit repurchases Expanded our methane emissions intensity reduction target to 75% by 2030...

Whistler Pipeline expansion reaches final investment decision PR Newswire FINDLAY, Ohio, May 2, 2022 FINDLAY, Ohio , May 2, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX), WhiteWater Midstream, and a joint venture between Stonepeak Infrastructure Partners and West Texas Gas, Inc. have reached a final investment decision to move forward with the expansion of the Whistler Pipeline after having secured sufficient firm transportation agreements with shippers. The Whistler Pipeline expansion will increase...

MPLX LP Announces Quarterly Distribution PR Newswire FINDLAY, Ohio, April 26, 2022 FINDLAY, Ohio , April 26, 2022 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.7050 per common unit for the first quarter of 2022, or $2.82 on an annualized basis. The distribution will be paid on May 13, 2022 , to common unitholders of record as of May 6, 2022 . This release is intended to be a qualified notice under Treasury...

MPLX LP 2022 First-Quarter Earnings Call Now to be Held at 1:00 p.m. ET on May 3 PR Newswire FINDLAY, Ohio, April 21, 2022 FINDLAY, Ohio , April 21, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) is changing the time of its 2022 first-quarter earnings conference call on Tuesday, May 3, 2022 . The call was originally scheduled for 9:30 a.m. and will now be held at 1:00 p.m. ET . Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com . A replay of the webcast...

MPLX LP to Report First-Quarter Financial Results on May 3, 2022 PR Newswire FINDLAY, Ohio, March 22, 2022 FINDLAY, Ohio , March 22, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, May 3, 2022 , at 9:30 a.m. ET to discuss 2022 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, including...

MPLX LP 2021 K-1 tax packages now available on company website PR Newswire FINDLAY, Ohio, March 16, 2022 FINDLAY, Ohio , March 16, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2021 investor tax packages are now available on its website, https://www.mplx.com . Investors may select the Tax Reporting Package link under the Investors tab, or use the following link: https://www.mplx.com/Investors/Tax_Reporting_Package/ . Additionally, MPLX plans to mail tax packages...

MPLX LP prices $1.5 billion senior notes offering PR Newswire FINDLAY, Ohio, March 10, 2022 FINDLAY, Ohio , March 10, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $1,500,000,000 in aggregate principal amount of 4.950% senior notes due 2052 (the "Notes") in an underwritten public offering. The Notes were offered at a price to the public of 98.982% of par. MPLX intends to use the net proceeds from this offering to repay outstanding borrowings under an intercompany...

MPLX LP files 2021 Form 10-K with U.S. Securities and Exchange Commission PR Newswire FINDLAY, Ohio, Feb. 24, 2022 FINDLAY, Ohio , Feb. 24, 2022 /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, 2021 . 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,...