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Stock impact report

MPLX LP Reports Solid Growth in Fourth-Quarter and Full-Year 2023 Financial Results [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
Adjusted EBITDA : Increased to $1.6 billion in Q4 and $6.3 billion for the full year, demonstrating strong operational performance. Distributable Cash Flow : Reached $1.4 billion in Q4 and $5.3 billion for the full year, supporting a 10% increase in quarterly distributions. Capital Expenditure Outlook : Set at $1.1 billion for 2024, focusing on growth and maintenance projects. Leverage Ratio : Maintained at 3.3x, indicating a stable financial position. Warning! GuruFocus has detected 7 Warning Sign with MPLX. On January 30, 2024, MPLX LP ( NYSE:MPLX ) released its 8-K filing , detailing the financial results for the fourth quarter and the full year of 2023. MPLX, a large-cap master limited partnership, is known for its diversified midstream energy infrastructure and logistics assets, including pipelines, storage facilities, and processing plants predominantly in the Appalachian region. Financial Performance Highlights MPLX reported a net income attributable to MPLX of $ Show less Read more
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