MPLX LP Common Units (NYSE:MPLX) Q3 2024 Earnings Conference Call November 5, 2024 9:30 AM ET Company Participants Kristina Kazarian - Vice President Finance and Investor Relations Maryann T. Mannen - President and Chief Executive Officer Kristopher Hagedorn - Executive Vice President and Chief Financial Officer Gregory S. Floerke - Executive Vice President and Chief Operating Officer David R. Heppner - Senior Vice President Shawn M. Lyon - Senior Vice President Logistics and Storage Conference Call Partici ...

1 Third Quarter 2024 Earnings Conference Call November 5, 2024 Forward‐Looking Statements and Non-GAAP Financial Measurements 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 expen ...

Exhibit 99.1 MPLX LP Reports Third-Quarter 2024 Financial Results • Third-quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.4 billion • $1.7 billion of adjusted EBITDA attributable to MPLX and $1.4 billion of distributable cash flow • $949 million of capital returned to unitholders • Increased quarterly distribution by 12.5% to $3.83 per unit annualized • Executing growth strategy in the Northeast with additional processing plant; expected to bring t ...

FINDLAY, Ohio, Nov. 5, 2024 /PRNewswire/ -- Third-quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.4 billion $1.7 billion of adjusted EBITDA attributable to MPLX and $1.4 billion of distributable cash flow $949 million of capital returned to unitholders Increased quarterly distribution by 12.5% to $3.83 per unit annualized Executing growth strategy in the Northeast with additional processing plant; expected to bring total processing and fractionatio ...

MPLX LP (MPLX) is set to report third-quarter 2024 results on Nov. 5 before the opening bell.The Zacks Consensus Estimate for third-quarter earnings is pegged at $1.06 per unit, implying an improvement of 19.1% from the year-ago reported number. Estimates have not been revised in the past 30 days. The Zacks Consensus Estimate for third-quarter revenues is currently pegged at $3.04 billion, suggesting a 4.4% uptick from the year-ago actuals. Image Source: Zacks Investment ResearchMPLX beat the consensus esti ...

Long-Term Focussed In-Depth Fundamental Analysis.Former Associate at a $10 billion hedge fund, with 15 years of professional experience in equity markets. Holds a First-Class Honours degree in Financial Economics from the University of London and is a CFA Level III candidate.An avid reader and a Berkshire Hathaway buff.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrot ...

FINDLAY, Ohio, Oct. 29, 2024 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the third quarter of 2024, or $3.826 on an annualized basis. This represents a 12.5% increase, or $0.1065 increase per common unit, over the second quarter 2024 distribution. The distribution will be paid on Nov. 15, 2024, to common unitholders of record as of Nov. 8, 2024. Qualified Tax Notice Concurrent with this announ ...

I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking Alpha Analyst's Disclosure: I/we have a beneficial long position in the shares of ET, EPD, K ...

So much ink is spilled on mega-cap tech stocks for their strong risk-adjusted returns in recent years. Flying under the radar are units of alpha-generating MLP partnerships. It is a niche of the domestic stock market that gets lumped inFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has MPLX LP (MPLX) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question. MPLX LP is one of 242 companies in the Oils-Energy group. The Oils-Energy group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 diff ...