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 providing qualified notice to brokers and nominees that hold MPLX units on behalf of non-U.S. investor ...

SOPA Images/LightRocket via Getty ImagesMPLX (NYSE:MPLX) is one of the few midstream operators with the unique known buyer of throughput with parent Marathon Petroleum Corp. (MPC) purchasing 82% of crude throughput and 95% of refined products transported from well to refinery. With strong production in the Permian Basin and stable maintenance production in the Appalachia region, MPLX has remained in a strong position for both stability and growth for both in-basin midstream services and transportation. ...

Vivek Vishwakarma Trying to beat the market all the time is a hard feat to accomplish and is something that I'm simply not interested in doing. For one thing, that would involve having to constantly trade in an out of stocks in an effort to capture value. Plus, there are also short- and long-term tax implications from harvesting gains that can eat into long-term returns. A better strategy may be to buy quality dividend payers and hold them tight for the income stream, which can produce respectable total ...

onurdongelLooking for energy-based high yield income? Ohio-based MPLX LP (NYSE:MPLX) has been in this industry since 2012. MPLX LP is a diversified, large-cap master limited partnership formed by Marathon Petroleum Corporation (MPC) that owns and operates midstream energy infrastructure and logistics assets, and provides fuels distribution services. Company Profile: MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segmen ...

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, who has been named executive vice president and chief financial officer of Marathon Petroleum Corporation (NYSE: MPC). Hagedo ...

Gathering: 6.3 Bcf/d 3% vs. 3Q22 ▪ Higher volumes and throughput fees offset by lower natural gas liquids prices 502 Volumes include amounts related to unconsolidated equity method investments on a 100% basis. | --- | --- | --- | |---------------------------------------------------|-----------------------------------------|--------| | | Three Months Ended September 30, \n2022 | 2023 | | Distributions Declared ($/unit) | $0.775 | $0.850 | | Distribution Coverage Ratio | 1.6x | 1.6x | | Adjusted Free Cash Flo ...

MPLX LP (NYSE:MPLX) Q3 2023 Earnings Conference Call October 31, 2023 9:30 AM ET Company Participants Kristina Kazarian - VP, Finance & IR Michael Hennigan - Chairman, President and Chief Executive Officer John Quaid - Executive Vice President and Chief Financial Officer David Heppner - Senior Vice President of MPLX GP LLC Shawn Lyon - SVP, Logistics & Storage Gregory Floerke - Executive Vice President and Chief Operating Officer Conference Call Participants John Mackay - Goldman Sachs Theresa Chen - Barcla ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-Q ____________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35714 MPLX LP ( ...

MPLX LP (NYSE:MPLX) Q2 2023 Earnings Conference Call August 1, 2023 9:30 AM ET Company Participants Kristina Kazarian - VP, Finance & IR Michael Hennigan - Chairman, President & CEO John Quaid - EVP, CFO & Director Shawn Lyon - SVP, Logistics & Storage David Heppner - Senior Vice President of MPLX GP LLC Conference Call Participants Brian Reynolds - UBS Keith Stanley - Wolfe Research Jeremy Tonet - JPMorgan Theresa Chen - Barclays Neal Dingmann - Truist Operator Welcome to the MPLX Second Quarter 2023 Earni ...

Forward‐Looking Statements This presentation contains forward-looking statements regarding MPLX LP (MPLX). These forward-looking statements may relate to, among other things, MPLX's expectations, estimates and projections concerning its business and operations, financial priorities, including with respect to positive free cash flow and distribution coverage, strategic plans, capital return plans, capital expenditure plans, operating cost reduction objectives, and environmental, social and governance ("ESG") ...