MPLX Q2 Earnings Top on Higher Throughput Volumes

MPLX LP (MPLX) reported second-quarter 2024 earnings of $1.15 per unit, which topped the Zacks Consensus Estimate of 98 cents. The bottom line also increased from the year-ago quarter's figure of 91 cents. Total quarterly revenues of $3.05 billion beat the Zacks Consensus Estimate of $2.92 billion. The top line also increased from the prior-year quarter's level of $2.69 billion. Strong quarterly results were primarily driven by higher gathered and processed throughput volumes. An increase in total pipeline ...