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Stock impact report

MPLX Beats Q4 Earnings Estimates, Hikes '24 Capex Budget [Yahoo! Finance]

MPLX LP Common Units Representing Limited Partner Interests (MPLX) 
Last mplx lp common units representing limited partner interests earnings: 1/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: mplx.com/contact_us/investor_relations
Company Research Source: Yahoo! Finance
Total quarterly revenues of $2.97 billion surpassed the Zacks Consensus Estimate of $2.94 million and increased from the prior-year quarter's $2.66 billion. Strong quarterly results were primarily driven by higher contributions from both segments. A decline in total costs and expenses also contributed to the solid quarterly performance. MPLX LP Price, Consensus and EPS Surprise MPLX LP price-consensus-eps-surprise-chart | MPLX LP Quote Segmental Highlights MPLX's adjusted EBITDA from the Logistics and Storage segment increased to $1.09 billion from $979 million a year ago. Increased rates and growth in throughput aided the segment. Total pipeline throughputs in the fourth quarter were 5.8 million barrels per day, up 3% from the year-ago period. Adjusted EBITDA from the Gathering and Processing segment totaled $534 million, up from $475 million in the prior-year quarter. The segment was favored by increased gathering and processing throughput volumes. Gathering throughput Show less Read more
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