MPLX LP (MPLX) PT Raised to $44 at Barclays
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MPLX LP Reports Fourth-Quarter and Full-Year 2016 Financial Results
February 1, 2017 6:51 AM ESTReported fourth-quarter net income of $133 million and adjusted EBITDA of $391 million; reported full-year net income of $233 million and adjusted EBITDA of $1.4 billion Reported fourth-quarter net cash from operating activities of $356 million and distributable cash flow of $318 million Declared distribution of $0.5200 per common unit, a 4 percent increase over fourth-quarter 2015; delivered 13 percent distribution growth in 2016 with a full-year coverage ratio of 1.23... More
