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11/29/18Crimson Midstream and MPLX Announce Extension of Binding Open Season for Swordfish Pipeline
FINDLAY, Ohio, Nov. 29, 2018 /PRNewswire/ -- Since the Swordfish Pipeline binding open season was announced on Oct. 17 by Crimson Midstream, LLC and MPLX LP (NYSE: MPLX), the Louisiana Offshore Oil Port LLC (LOOP) terminal facility in Clovelly, Louisiana, reports that customer requests concerning its deepwater port export capabilities have risen sharply. In addition, LOOP has stated that the number of vessels loaded can be scaled to meet increasing market demand. To allow prospective shippers su... 
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11/19/18Marathon Petroleum Corporation, MPLX LP, and Andeavor Logistics LP 2018 Investor Day to be Webcast Live on Dec. 4
FINDLAY, Ohio, Nov. 19, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC), MPLX LP (NYSE: MPLX), and Andeavor Logistics LP (NYSE: ANDX) will jointly host a 2018 Investor Day on December 4, 2018. The presentation and accompanying slides will be webcast via the MPC website at http://ir.marathonpetroleum.com, the MPLX website at http://ir.mplx.com, and the Andeavor Logistics website at http://ir.andeavorlogistics.com beginning at 8:30 a.m. EST. Gary R. Heminger, MPC's chairman and chief e... 
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11/08/18MPLX announces redemption of its outstanding 5.500% senior notes due 2023
FINDLAY, Ohio, Nov. 8, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that it has issued notices of redemption (the "Redemption Notices") to redeem all of the $750 million outstanding aggregate principal amount of its 5.500% senior notes due on Feb. 15, 2023 (including such notes issued by MarkWest Energy Partners, L.P. and MarkWest Energy Finance Corporation) (together, the "2023 Senior Notes"). The 2023 Senior Notes will be redeemed on Dec. 10, 2018 (the "Redemption Date") at a pric... 
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11/07/18MPLX LP prices $2,250,000,000 senior notes offering
FINDLAY, Ohio, Nov. 7, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $2,250,000,000 in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of $750,000,000 aggregate principal amount of 4.800% senior notes due in 2029 and $1,500,000,000 aggregate principal amount of 5.500% senior notes due in 2049.  The 2029 senior notes and 2049 senior notes were offered at a price to the public of 99.432% of par and 98.031% of par, ... 
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11/01/18MPLX names Timothy J. Aydt vice president, business development
FINDLAY, Ohio, Nov. 1, 2018 /PRNewswire/ -- Timothy J. Aydt, president, Marathon Pipe Line LLC, and vice president, operations of MPLX GP LLC, the general partner of MPLX LP (NYSE: MPLX), has been appointed vice president, business development, MPLX, effective Nov. 1. He will continue to be located in Findlay, Ohio, and report to Michael J. Hennigan, MPLX president. "With 33 years of experience in our industry, Tim brings a wealth of operating knowledge to this role and will provide seasoned l... 
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11/01/18MPLX LP Delivers Exceptional Third Quarter 2018 Financial Results
FINDLAY, Ohio, Nov. 1, 2018 /PRNewswire/ -- Reported third quarter net income of $510 million and adjusted EBITDA of $937 million, which provided 1.47x distribution coverage and resulted in 3.8x leverage Logistics & Storage segment income from operations of $468 million and adjusted EBITDA of $547 million driven by strong results from the underlying base business Gathering & Processing segment income from operations of $204 million and adjusted EBITDA of $390 million d... 
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10/26/18MPLX LP Increases Quarterly Distribution
FINDLAY, Ohio, Oct. 26, 2018 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6375 per common unit for the third quarter 2018. This represents an increase of $0.01 per unit, or 1.6 percent, over the second quarter 2018 distribution, and an increase of $0.05 per unit, or 8.5 percent, over the third quarter 2017 distribution. This is the 23rd consecutive quarterly distribution increase and will be paid on Nov. 14... 
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10/17/18Crimson Midstream and MPLX Announce Binding Open Season for Swordfish Pipeline
FINDLAY, Ohio, Oct. 17, 2018 /PRNewswire/ -- Crimson Midstream, LLC, and MPLX LP (NYSE: MPLX), today announced the commencement of a binding open season to assess interest and solicit commitments from prospective shippers for transportation service on the Swordfish Pipeline.  The Swordfish Pipeline is being jointly developed by Crimson and MPLX to provide connectivity from existing terminal facilities in St. James, Louisiana, and Raceland, Louisiana, to the Louisiana Offshore Oil Port LLC (LOO... 
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10/15/18MPLX LP to Announce Third-Quarter 2018 Financial Results On November 1
FINDLAY, Ohio, Oct. 15, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will release its 2018 third-quarter financial results before the market opens on Thursday, November 1, 2018. MPLX will live broadcast its conference call with senior executives regarding its financial results and provide an update on company operations at 11 a.m. EDT. Interested parties may listen to the conference call by visiting MPLX's website at h... 
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09/26/18MPLX LP Acquires US Gulf Coast Export Terminal
FINDLAY, Ohio, Sept. 26, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has purchased an eastern U.S. Gulf Coast export terminal with 4 million barrels of third-party leased storage capacity and a 120,000 barrels-per-day (bpd) dock from Pin Oak Holdings, LLC, for approximately $450 million. The transaction will be financed with a combination of cash from operations and debt. This facility has the capability to significantly expand its storage capacity to 10 million barrels and is p... 
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09/12/18MarkWest Liberty NGL Pipeline LLC announces binding open season
FINDLAY, Ohio, Sept. 12, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that its subsidiary, MarkWest Liberty NGL Pipeline, L.L.C., has launched a binding open season to solicit commitments from potential shippers for a new pipeline it plans to construct to serve the growing needs of Appalachian producers. Once complete, the pipeline will provide transportation services of a mixed stream of natural gas liquids (NGLs) – including propane, normal butane, isobutane, pentanes and higher m... 
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09/04/18Energy Transfer, Magellan Midstream, MPLX and Delek to Jointly Construct the "Permian Gulf Coast" or "PGC Pipeline" for Permian Basin Crude Oil Takeaway
DALLAS and TULSA, Okla., and FINDLAY, Ohio, and BRENTWOOD, Tenn., Sept. 4, 2018 /PRNewswire/ -- Energy Transfer Partners, L.P. (NYSE: ETP) ("Energy Transfer"), Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan"), MPLX LP (NYSE: MPLX) ("MPLX") and Delek US Holdings, Inc. (NYSE: DK) ("Delek") announced today that they have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to transport crude oil from the Permian Basin to the Tex... 
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09/04/18Energy Transfer, Magellan Midstream, MPLX and Delek to Jointly Construct the “Permian Gulf Coast” or “PGC Pipeline” for Permian Basin Crude Oil Takeaway
DALLAS & TULSA, Okla. & FINDLAY, Ohio & BRENTWOOD, Tenn.--(BUSINESS WIRE)--Sep. 4, 2018-- Energy Transfer Partners, L.P. (NYSE: ETP) (“Energy Transfer”), Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”), MPLX LP (NYSE: MPLX) (“MPLX”) and Delek US Holdings, Inc. (NYSE: DK) (“Delek”) announced today that they have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to trans... 
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07/26/18MPLX expands Permian infrastructure development
FINDLAY, Ohio, July 26, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced a number of steps it has taken to further expand its growing presence in the Permian basin, positioning the partnership to evolve its business model to include participation in a number of long-haul oil and gas pipelines.  Through its subsidiary, MarkWest Energy Partners, L.P., MPLX recently completed definitive agreements with Kaiser Francis Oil Company (KFOC) to provide gathering and processing services in the Dela... 
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07/26/18MPLX LP reports record second-quarter 2018 financial results
FINDLAY, Ohio, July 26, 2018 /PRNewswire/ --  Reported second-quarter net income of $453 million and adjusted EBITDA of $867 million, which provided 1.36x distribution coverage and resulted in 3.7x leverage Gathering & Processing segment income from operations of $174 million and adjusted EBITDA of $341 million driven by record gathered, processed, and fractionated volumes Logistics & Storage segment income from operations of $434 million and adjusted EBITDA of $526 mi... 
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07/25/18MPLX LP increases quarterly distribution
FINDLAY, Ohio, July 25, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.6275 per common unit for the second quarter of 2018. This represents an increase of $0.01 per unit, or 1.6 percent, over the first-quarter 2018 distribution, and an increase of $0.065 per unit, or 11.6 percent, over the second-quarter 2017 distribution. Since the partnership's initial public offering in October 2012, the MPLX ... 
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07/06/18MPLX LP to announce 2018 second-quarter financial results July 26
FINDLAY, Ohio, July 6, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call Thursday, July 26, 2018, at 11 a.m. EDT to discuss 2018 second-quarter financial results, which will be released earlier that day, and to provide an update on partnership operations. MPLX participants will be Gary R. Heminger, chairman and chief executive officer; Michael J. Hennigan, president; Pamela K.M. Beall, executiv... 
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04/30/18MPLX LP reports record first-quarter 2018 financial results
Conference call and webcast rescheduled for 11 a.m. today FINDLAY, Ohio, April 30, 2018 /PRNewswire/ -- Reported record first-quarter net income of $421 million and adjusted EBITDA of $760 million Reported first-quarter net cash from operating activities of $450 million and distributable cash flow of $619 million Declared 21st consecutive quarterly distribution increase to $0.6175 per common unit, a 14 percent increase over the first quarter of 2017 Affirmed 2018 d... 
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04/25/18MPLX LP increases quarterly distribution
FINDLAY, Ohio, April 25, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.6175 per common unit for the first quarter of 2018. This represents an increase of $0.01 per unit, or 1.6 percent, over the fourth-quarter 2017 distribution; and an increase of $0.0775 per unit, or 14.4 percent, over the first-quarter 2017 distribution. Since the partnership's initial public offering in October 2012, the MPLX... 
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04/12/18MPLX LP to announce 2018 first-quarter financial results May 1
FINDLAY, Ohio, April 12, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call Tuesday, May 1, 2018, at 11 a.m. EDT to discuss 2018 first-quarter financial results, which will be released earlier that day, and to provide an update on partnership operations. MPLX participants will be Gary R. Heminger, chairman and chief executive officer; Michael J. Hennigan, president; Pamela K.M. Beall, executive ... 
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03/16/18MPLX Responds to FERC Announcement
FINDLAY, Ohio, March 16, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) has reviewed the March 15 Federal Energy Regulatory Commission (FERC) policy revision, in which FERC no longer will allow master limited partnership interstate natural gas and oil pipelines to recover an income tax allowance in cost-of-service rate filings. The partnership expects these revisions to have a de minimis effect on its earnings and cash flow. About MPLX LP MPLX is a diversified, growth-oriented master limited p... 
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03/08/18MPLX LP 2017 K-1 tax packages now available on company website
FINDLAY, Ohio, March 8, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2017 investor tax packages are now available on its website, http://www.mplx.com. Investors may select the Tax Reporting Package link under the Investor tab, or use the following link: http://www.mplx.com/Investors/Tax_Reporting_Package/ Additionally, MPLX plans to mail tax packages on March 14, 2018. Questions regarding the Tax Reporting Package for the year ended Dec. 31, 2017, can be addre... 
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02/28/18MPLX LP files 2017 Form 10-K
FINDLAY, Ohio, Feb. 28, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2017. 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 copy of MPLX's Annual Report on Form 10-K (including complete audited fi... 
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02/26/18MPLX Announces Successful Joint Binding Open Season on Cushing-to-Patoka Pipeline Expansion
FINDLAY, Ohio, Feb. 26, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that its subsidiaries MPLX Ozark Pipe Line LLC (Ozark) and Marathon Pipe Line LLC (MPL) have completed a successful joint binding open season on the combined Ozark 22-inch and Woodpat 22-inch pipelines from Cushing, Oklahoma, to Patoka, Illinois. Based on strong interest from prospective shippers, MPL will continue with plans to increase the capacity of the pipeline by providing operational modifications, including... 
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02/06/18Marathon Petroleum Corp. and MPLX LP to present at Credit Suisse Energy Summit
FINDLAY, Ohio, Feb. 6, 2018 /PRNewswire/ -- On Tuesday, Feb. 13, Gary R. Heminger, the chairman and chief executive officer of Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX), will deliver a presentation to investors and industry analysts at the Credit Suisse 2018 Energy Summit in Vail, Colorado. Heminger's presentation is scheduled to begin at 8:35 a.m. MST (10:35 a.m. EST). The live webcast and archived presentation can be viewed on MPC's Investor Relations website, http://ir.... 
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02/05/18MPLX LP prices $5.5 billion senior notes offering
FINDLAY, Ohio, Feb. 5, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has priced $5,500,000,000 in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of five series of senior notes: $500,000,000 aggregate principal amount of 3.375% senior notes due in 2023; $1,250,000,000 aggregate principal amount of 4.000% senior notes due in 2028; $1,750,000,000 aggregate principal amount of 4.500% senior notes due in 2038; ... 
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02/05/18MPLX LP announces senior notes offering
FINDLAY, Ohio, Feb. 5, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) announced today that it has commenced an underwritten public offering of unsecured senior notes pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC). The actual terms of the unsecured senior notes, including principal amount, interest rate and maturity, will depend on market and other conditions.  MPLX intends to use the net proceeds from this offer... 
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02/01/18MPLX LP reports fourth-quarter and full-year 2017 financial results
FINDLAY, Ohio, Feb. 1, 2018 /PRNewswire/ --  Reported record fourth-quarter net income of $238 million and adjusted EBITDA of $569 million; reported record full-year net income of $794 million and adjusted EBITDA of $2 billion Reported fourth-quarter net cash from operating activities of $569 million and distributable cash flow of $445 million Declared 20th consecutive quarterly distribution increase to $0.6075 per common unit; delivered 12.1 percent distribution growth in 201... 
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02/01/18Marathon Petroleum Corp. and MPLX LP closing on strategic transactions
FINDLAY, Ohio, Feb. 1, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) and MPLX LP (NYSE: MPLX) today are closing on the final transactions to complete the previously announced strategic actions. MPC is contributing refining logistics assets and fuels distribution services to MPLX that are projected to generate approximately $1 billion in annual earnings before interest, taxes, depreciation and amortization (EBITDA) for total consideration of $8.1 billion consisting of $4.1 billion... 
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01/26/18MPLX LP increases quarterly distribution
FINDLAY, Ohio, Jan. 26, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the board of directors of its general partner has declared a cash distribution of $0.6075 per common unit for the fourth quarter of 2017. This represents an increase of $0.02 per unit, or 3.4 percent, over the third-quarter 2017 distribution; an increase of $0.0875 per unit, or 16.8 percent, over the fourth-quarter 2016 distribution; and a 12.1 percent increase on a full-year basis over 2016 distributions. Sin... 
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01/17/18MPLX Announces Joint Binding Open Season for Cushing-to-Patoka Pipeline Expansion
FINDLAY, Ohio, Jan. 17, 2018 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that its subsidiaries MPLX Ozark Pipe Line LLC (Ozark) and Marathon Pipe Line LLC (MPL) have commenced a joint binding open season on the combined Ozark 22-inch and Woodpat 22-inch pipelines from Cushing, Oklahoma, to Patoka, Illinois. The joint binding open season provides interested shippers with an opportunity to secure priority transportation service on the pipelines. The jo... 
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