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 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.