MPLX LP reported a Q1 2026 net income of $912 million, down from $1,126 million in Q1 2025, mainly due to derivatives and interest expenses. Adjusted EBITDA was $1.7 billion, with distributable cash flow of $1.4 billion supporting a $1.1 billion capital return to unitholders. The company is expanding its Permian sour gas treating capacity and advancing the Harmon Creek III processing plant in the Marcellus basin, expecting mid-single digit growth and 12.5% annual distribution growth for two more years. MPLX maintains a leverage ratio of 3.7x and has increased its revolving credit facility to $2.5 billion.

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MPLX to discuss Q2 2026 financial results in August 4 conference call

MPLX LP announced it will hold a conference call on August 4, 2026, at 9:30 a.m. EDT to review its second-quarter financial results for 2026. Investors and interested parties can listen live via MPLX's website, where the webcast replay and related fi...

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