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 reports recurring developments as a master limited partnership that owns and operates midstream energy infrastructure, logistics assets, and energy products distribution services. Its updates cover crude oil and refined products pipelines, inland marine operations, light-product terminals, storage caverns, refinery-connected tanks, docks, loading racks, and crude and light-product marine terminals.
Company news also tracks natural gas and NGL gathering, processing, fractionation, and pipeline activity in U.S. supply basins, including project updates tied to Permian sour gas treating and Marcellus processing capacity. Other recurring items include quarterly financial results, common-unit cash distributions, capital-return activity, annual K-1 tax package availability, and Form 10-K filing notices.
MPLX (NYSE: MPLX) announced that its 2025 Schedule K-3 investor tax packages, which provide information on items of international tax relevance, are now available on its website. Investors can access them via the Investor Data link under the Investors tab or directly at the dedicated tax package support link.
MPLX notes that only a limited group of investors, such as foreign unitholders, those computing a foreign tax credit, and certain corporate or partnership unitholders, may need the detailed Schedule K-3 information. The company does not plan to mail K-3 packages; unitholders can call a toll-free number to request an electronic copy by email.
WhiteWater and partners announced that their Solitude Pipeline System joint venture, including Devon Energy (NYSE: DVN), MPLX (NYSE: MPLX), Diamondback Energy (NASDAQ: FANG) and Western Midstream Partners (NYSE: WES), has reached a positive Final Investment Decision to build two 48-inch natural gas pipelines from the Permian Basin to Katy, Texas.
The project is backed by substantial long-term firm transportation agreements with predominantly investment-grade shippers. Solitude’s phased design targets initial capacity of about 2.25 Bcf/d in late 2029 and an additional 2.25 Bcf/d in 2030, with potential further expansions. Service is expected in the second half of 2029, subject to customary regulatory and other approvals. The joint venture ownership is WhiteWater 50%, Devon 25%, MPLX 10%, Diamondback 7.5% and Western Midstream 7.5%.
MPLX LP (NYSE: MPLX) has priced a $2.25 billion underwritten public offering of unsecured senior notes. The deal includes $1.25 billion of 4.700% notes due 2029, $500 million of 5.000% notes due 2032, and $500 million of 5.500% notes due 2036.
MPLX intends to use the net proceeds to redeem, repay or extinguish its outstanding $1.25 billion 4.125% senior notes due March 2027 and to fund general partnership purposes, including potential capital expenditures and working capital. Closing is expected on August 24, 2026, subject to customary conditions.
MPLX (NYSE: MPLX) reported second-quarter 2026 net income attributable to MPLX of $1.077 billion, up from $1.048 billion a year earlier, and adjusted EBITDA of $1.775 billion versus $1.690 billion. Net cash from operating activities was $1.702 billion, distributable cash flow (DCF) $1.450 billion, and adjusted free cash flow $668 million.
MPLX declared a Q2 2026 distribution of $1.0765 per common unit (coverage 1.3x) and reiterated expectations for 12.5% distribution increases in 2026 and 2027. The leverage ratio was 3.7x. According to MPLX, 2026 growth capital is increased by $500 million to $2.9 billion, focused over 90% on natural gas and NGL infrastructure, including projects such as Harmon Creek III, Titan Complex, Blackcomb, BANGL expansion and Gulf Coast fractionation and export facilities.
MPLX (NYSE: MPLX) declared a second-quarter 2026 quarterly cash distribution of $1.0765 per common unit, equivalent to $4.31 annualized. The distribution will be paid on Aug. 14, 2026 to unitholders of record as of Aug. 7, 2026.
MPLX issued a qualified tax notice stating brokers and nominees should treat 100% of distributions to non-U.S. investors as effectively connected income and in excess of cumulative net income, making them subject to U.S. federal withholding at the highest applicable effective tax rate.
MPLX (NYSE:MPLX) will hold a conference call on August 4, 2026 at 9:30 a.m. EDT to discuss its 2026 second-quarter financial results.
Investors can access the live webcast and a two-week replay, plus earnings and investor materials, on the MPLX website.
Marathon Petroleum (NYSE:MPC) appointed Brian Worthington as vice president, Investor Relations, succeeding Kristina Kazarian, who becomes vice president, Finance and Treasurer, effective May 25, 2026.
Both will report to CFO Maria Khoury and will also serve in corresponding roles at MPLX (NYSE:MPLX).
MPLX (NYSE: MPLX) reported Q1 2026 results: net income $912 million, adjusted EBITDA $1.729 billion, distributable cash flow $1.408 billion, and net cash from operations $1.347 billion. The partnership returned $1.1 billion of capital and announced a $1.0765 distribution per unit; leverage was 3.7x.
Growth capex prioritizes Permian and Marcellus projects, including Harmon Creek III and Titan expansion, with targeted mid-single-digit distribution strategy and guidance of 12.5% annual distribution growth for two more years.
MPLX (NYSE: MPLX) declared a quarterly cash distribution of $1.0765 per common unit for Q1 2026, equivalent to $4.31 annualized. The distribution is payable on May 15, 2026 to unitholders of record as of May 8, 2026.
The company provided a qualified tax notice directing brokers and nominees to treat 100% of distributions to non-U.S. investors as effectively connected income and as in excess of cumulative net income, subjecting those distributions to federal withholding at the highest applicable effective tax rate.
MPLX (NYSE: MPLX) will report its first-quarter 2026 financial results on Tuesday, May 5, 2026, and will host a conference call at 9:30 a.m. EDT to discuss the results.
Investors may listen via the company website at www.mplx.com; a webcast replay will be available for two weeks and financial materials will be posted online prior to the call.