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MPLX(MPLX) - 2024 Q3 - Quarterly Results
MPLXMPLX(MPLX)2024-11-05 11:47

Exhibit 99.1 MPLX LP Reports Third-Quarter 2024 Financial Results • Third-quarter net income attributable to MPLX of 1.0billionandnetcashprovidedbyoperatingactivitiesof1.0 billion and net cash provided by operating activities of 1.4 billion • 1.7billionofadjustedEBITDAattributabletoMPLXand1.7 billion of adjusted EBITDA attributable to MPLX and 1.4 billion of distributable cash flow • 949millionofcapitalreturnedtounitholdersIncreasedquarterlydistributionby12.5949 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 ...