|06/05/19||MPLX, WhiteWater Midstream and Stonepeak/WTG Proceeding with Whistler Pipeline Project|
|FINDLAY, Ohio, June 5, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX), WhiteWater Midstream (WhiteWater) backed by First Infrastructure Capital, and a joint venture between Stonepeak Infrastructure Partners (Stonepeak) and West Texas Gas, Inc. (WTG) have reached a final investment decision to move forward with the design and construction of the Whistler Pipeline after having secured sufficient firm transportation agreements with shippers. The majority of available capacity on the planned pipeline has... |
|05/08/19||MPLX LP Reports First-Quarter 2019 Financial Results|
|FINDLAY, Ohio, May 8, 2019 /PRNewswire/ --
Reported first quarter net income of $503 million and adjusted EBITDA of $930 million, which provided 1.41x distribution coverage and resulted in 3.9x leverage
Logistics & Storage segment income from operations of $480 million and adjusted EBITDA of $559 million driven by strong results from the underlying base business
Gathering & Processing segment income from operations of $198 million and adjusted EBITDA of $371 million d... |
|05/08/19||MPLX LP Announces Agreement to Acquire Andeavor Logistics LP|
|- MPLX to acquire ANDX in a unit-for-unit transaction at a 1.07x blended exchange ratio representing a 1% premium to market1
- Combination immediately accretive to distributable cash flow for public MPLX and ANDX unitholders2
- Creates a leading, large-scale, diversified midstream company anchored by fee-based cash flows with an expanded geographic footprint and enhanced long-term growth opportunities
- Near-term focus on capital efficiency and optimization across the portfolio
|04/29/19||MPLX LP Increases Quarterly Distribution|
|FINDLAY, Ohio, April 29, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6575 per common unit for the first quarter 2019, or $2.63 on an annualized basis.
This represents an increase of $0.01 per unit, or 1.5 percent, over the fourth quarter 2018 distribution, and an increase of $0.04 per unit, or 6.5 percent, over the first quarter 2018 distribution. This is the 25th consecutive quarterly distribution i... |
|04/08/19||MPLX LP to Announce 2019 First-Quarter Financial Results May 8|
|FINDLAY, Ohio, April 8, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Wednesday, May 8, at 11 a.m. EDT to discuss 2019 first-quarter financial results, which will be released earlier that day, and to provide an update on company operations.
Interested parties may listen to the conference call by visiting MPLX's website at http://www.mplx.com and clicking on the "2019 First... |
|03/01/19||MPLX LP 2018 K-1 tax packages now available on company website|
|FINDLAY, Ohio, March 1, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2018 investor tax packages are now available on its website, http://www.mplx.com. Investors may select the Tax Reporting Package link under the Investors tab, or use the following link: http://www.mplx.com/Investors/Tax_Reporting_Package/
Additionally, MPLX plans to mail tax packages on March 8, 2019. Questions regarding the Tax Reporting Package for the year ended December 31, 2018, can be add... |
|02/28/19||MPLX LP files 2018 Form 10-K|
|FINDLAY, Ohio, Feb. 28, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2018. The filing can be viewed through a link on MPLX's website at http://www.mplx.com by selecting the "SEC Filings" link under the "Investors" tab.
Upon written request, unitholders may receive, free of charge, a hard copy of MPLX's Annual Report on Form 10-K (including complete audited financial statem... |
|02/07/19||MPLX LP Delivers Extraordinary Results in 2018|
|FINDLAY, Ohio, Feb. 7, 2019 /PRNewswire/ --
Reported record full-year net income of $1.8 billion and adjusted EBITDA of $3.5 billion, an increase of $1.0 billion and $1.5 billion, respectively, compared to 2017
Logistics & Storage (L&S): expanded earnings base through completion of dropdowns, pipeline expansions, and acquisition of an export terminal
Gathering & Processing (G&P): added 11 plants with 1.5 billion-cubic-feet-per-day of processing and 1... |
|01/31/19||Crimson Midstream and MPLX Announce Extension of Binding Open Season for Swordfish Pipeline to Align with Capline Reversal Open Season|
|FINDLAY, Ohio, Jan. 31, 2019 /PRNewswire/ -- Crimson Midstream, LLC and MPLX LP (NYSE: MPLX) today announced an extension to the binding open season on the Swordfish Pipeline to align with the recently announced binding open season by Capline Pipeline Company LLC. Additionally, the Louisiana Offshore Oil Port (LOOP) recently confirmed the loading of three VLCCs in seven days from the deepwater port and stated the number of vessels loaded can be scaled to meet increasing market demand.
|01/25/19||MPLX LP Increases Quarterly Distribution|
|FINDLAY, Ohio, Jan. 25, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6475 per common unit for the fourth quarter 2018, or $2.59 on an annualized basis.
This represents an increase of $0.01 per unit, or 1.6 percent, over the third quarter 2018 distribution, and an increase of $0.04 per unit, or 6.6 percent, over the fourth quarter 2017 distribution. This is the 24th consecutive quarterly distribution i... |
|01/16/19||MPLX LP To Announce 2018 Fourth-Quarter And Full-Year Financial Results February 7|
|FINDLAY, Ohio, Jan. 16, 2019 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will release its 2018 fourth-quarter and full-year financial results before the market opens on Thursday, February 7. MPLX will live broadcast its conference call with analysts regarding its financial results and provide an update on company operations at 11 a.m. EST.
Interested parties may listen to the conference call by visiting MPLX's website at... |