MPLX LP (MPLX) Misses Q4 EPS by 13c, Revenues Miss

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Go back to MPLX LP (MPLX) Misses Q4 EPS by 13c, Revenues Miss

MPLX LP Delivers Extraordinary Results in 2018

February 7, 2019 6:40 AM EST

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 100,000 barrels-per-day of fractionation capacity$2.8 billion in net cash provided by operating activities supported the return of nearly $2.1 billion to unitholders Maintained capital discipline and... More