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Home/News Feed/MPLX LP posts strong Q2 growth with 10.3% revenue rise and plans major capacity expansions through 2029
MPLX
$59.82
-$0.01 -0.02%

MPLX LP posts strong Q2 growth with 10.3% revenue rise and plans major capacity expansions through 2029

Analyst Insights
09 Sep 2026
Seeking Alpha
View Source
Bullish
MPLX LP posts strong Q2 growth with 10.3% revenue rise and plans major capacity expansions through 2029

MPLX LP reported a 10.3% year-over-year revenue increase and a 5% rise in adjusted EBITDA in Q2, driven by record utilization rates and strategic capacity expansions planned through 2029. The company maintains sector-leading EBITDA margins of 50.8% and a high return on equity of 33.93%, justifying its premium valuation despite elevated leverage and negative free cash flow after distributions. Distribution growth is projected at 12.5% for 2026 and 2027, highlighting MPLX's strong operational growth and resilience amid global energy market disruptions.

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