Welcome to our dedicated page for Mplx Lp news (Ticker: MPLX), a resource for investors and traders seeking the latest updates and insights on Mplx Lp stock.
MPLX LP (NYSE: MPLX) is a diversified, large-cap master limited partnership focused on midstream energy infrastructure and logistics, and its news flow reflects this operational scope. Company announcements commonly cover quarterly and annual financial results, distribution declarations, tax reporting information, strategic transactions, and updates on major pipeline and processing projects.
Investors following MPLX news can expect regular earnings releases that discuss segment performance in Crude Oil and Products Logistics and Natural Gas and NGL Services, including metrics such as adjusted EBITDA, distributable cash flow, and operating statistics for pipelines, terminals, gathering systems, processing plants, and fractionation facilities. These releases often highlight capital allocation decisions, including cash distributions to common unitholders and unit repurchase activity.
MPLX also issues news on strategic growth initiatives and portfolio changes. Recent communications have described the acquisition of Northwind Midstream to expand sour gas gathering, treating, and processing in the Delaware basin, the announced divestiture of Rockies gathering and processing assets to Harvest Midstream, and participation in long-haul natural gas pipelines such as the Eiger Express project from the Permian basin to the Katy area in Texas. Additional updates address expansions of processing capacity, fractionation projects, and export infrastructure along the Gulf Coast.
Governance and corporate developments appear in MPLX’s news as well, including changes to the board of directors of its general partner and leadership roles. The partnership also announces investor-focused items such as the availability of Schedule K-3 tax packages and the scheduling of conference calls and webcasts for financial results. For readers tracking MPLX, the news stream provides insight into the partnership’s midstream asset base, capital projects, financial policies, and governance actions over time.
MPLX (NYSE: MPLX) announced that its 2025 investor tax packages are available online and will begin mailing March 23, 2026.
Investors can access packages via the Investors > Investor Data link at www.mplx.com or directly at https://www.taxpackagesupport.com/mplx. Questions can be directed to 1-800-232-0011.
MPLX (NYSE: MPLX) filed its Annual Report on Form 10-K for the year ended Dec. 31, 2025 with the U.S. Securities and Exchange Commission on Feb. 26, 2026.
Investors can view the filing via the Investors > SEC Filings link at www.mplx.com or request a free hard copy by written request to Investor Relations in Findlay, OH.
MPLX (NYSE: MPLX) priced $1.5 billion of unsecured senior notes on Feb 5, 2026: $1.0B of 5.300% notes due 2036 and $500M of 6.100% notes due 2056. MPLX intends to use net proceeds to repay $1.5B of 1.750% senior notes maturing March 2026. Closing is expected Feb 12, 2026, subject to customary conditions.
Joint book-runners include Citigroup, Barclays, MUFG and RBC; offering available via prospectus and prospectus supplement.
MPLX (NYSE: MPLX) reported full-year 2025 net income attributable to MPLX of $4.9 billion and adjusted EBITDA of $7.0 billion. Fourth-quarter net income was $1,193 million, distributable cash flow was $5.8 billion for the year, and adjusted free cash flow was $1.0 billion. MPLX returned $4.4 billion to unitholders in 2025 and announced a 2026 organic growth capital plan of $2.4 billion, with total 2026 capital spending of $2.7 billion, focused on natural gas and NGL value chains.
MPLX (NYSE: MPLX) declared a quarterly cash distribution of $1.0765 per common unit for the fourth quarter of 2025, equal to an annualized $4.31 per unit. The distribution will be paid on Feb. 17, 2026 to unitholders of record as of Feb. 9, 2026.
Concurrent qualified tax notice directs brokers and nominees to treat 100% of distributions to non-U.S. investors as effectively connected income and in excess of cumulative net income, subjecting those distributions to federal withholding at the highest applicable effective tax rate; nominees are the withholding agents.
MPLX (NYSE:MPLX) will report its 2025 fourth-quarter and full-year financial results and host a conference call on Tuesday, February 3, 2026 at 9:30 a.m. EST.
Investors and the public may access the live webcast and related financial materials, including the earnings release, at www.mplx.com. A replay of the webcast will be available on the website for two weeks after the call.
WhiteWater announced an increase in the Eiger Express Pipeline mainline capacity from 2.5 Bcf/d to 3.7 Bcf/d after securing additional firm transportation agreements.
The mainline was upsized from 42" to 48" and incremental compression will be installed. The company expects the project to remain on its previously announced mid-2028 in-service date, subject to customary regulatory and other approvals. The pipeline will carry Permian Basin natural gas to the Katy area.
Ownership: the Eiger Express joint venture is held by Matterhorn JV (70%), ONEOK (15%) and MPLX (15%). Matterhorn JV ownership is WhiteWater (65%), ONEOK (15%), MPLX (10%) and Enbridge (10%). WhiteWater’s Matterhorn stake is owned by FIC and I Squared Capital.
Harvest Midstream closed a $1 billion acquisition from MPLX (NYSE: MPLX) on November 13, 2025, adding gas gathering and processing systems in the Uinta and Green River basins across Wyoming, Utah, and Colorado.
The deal transfers operation of roughly 1,500 miles of pipelines and combined processing capacity of 845 million cubic feet per day (Ironhorse, Stagecoach, Blacks Fork, Vermilion), plus 10,000 barrels/day of fractionation capacity. Harvest will operate the assets, continue service to existing customers, and pursue further regional expansion.
MARA (NASDAQ:MARA) and MPLX (NYSE:MPLX) signed a letter of intent on Nov 4, 2025 to collaborate on integrated gas-fired power generation and data center campuses in West Texas.
MARA will build and operate multiple power plants and data centers near MPLX Delaware basin processing facilities with an initial capacity of 400 MW and potential to scale to 1.5 GW. MPLX will facilitate natural gas supply and receive electricity under a tolling arrangement. The LOI is subject to execution of definitive agreements, regulatory and third-party approvals, and satisfactory due diligence.
MPLX (NYSE:MPLX) announced that its general partner board elected Maryann T. Mannen as chairman of the board, effective Jan. 1, 2026.
Mannen will add the chairman role to her current duties as president and chief executive officer. She succeeds Michael J. Hennigan, who will retire as executive chairman and as a board member of the general partner, also effective Jan. 1, 2026. Chris Helms will continue as independent lead director.
The announcement also notes Mannen will succeed Hennigan as chairman of MPC and continue as MPC president and CEO, effective Jan. 1, 2026.