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Stock impact report

MPLX LP Reports Fourth-Quarter and Full-Year 2023 Financial Results

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: PR Newswire
FINDLAY, Ohio, Jan. 30, 2024 /PRNewswire/ --Fourth-quarter net income attributable to MPLX of $1.1 billion and adjusted EBITDA of $1.6 billionFull-year 2023 net income attributable to MPLX of $3.9 billion and adjusted EBITDA of $6.3 billionFull-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 capital to unitholders for the full year, reflecting 10% quarterly distribution increase for second consecutive yearAdvancing Permian growth strategy with acquisition of partner's interest in G&P joint venture2024 capital spending outlook of $1.1 billionMPLX LP (NYSE: MPLX) today reported fourth-quarter 2023 net income attributable to MPLX of $1,134 million, compared with $816 million for the fourth quarter of 2022. Fourth-quarter 2023 net income includes a $92 million non-cash gain arising from the acquisition of the remaining interest of a Permian basin joint venture.Adjusted earnings before interest, taxes, Show less Read more
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