MPLX LP (MPLX) Reports Q4 Revenues Beat

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Go back to MPLX LP (MPLX) Reports Q4 Revenues Beat

MPLX LP Reports Fourth-Quarter and Full-Year Financial Results

January 29, 2020 7:01 AM EST

FINDLAY, Ohio, Jan. 29, 2020 /PRNewswire/ --

Reported fourth-quarter net loss attributable to MPLX of $581 million and full-year net income attributable to MPLX of $1.0 billion; includes non-cash impairment charges of $1.2 billion in fourth quarter primarily related to goodwill associated with the Andeavor Logistics G&P businesses acquired by MPC as part of its combination with Andeavor in October 2018 Reported fourth-quarter adjusted EBITDA attributable to MPLX of $1.3 billion and full-year adjusted EBITDA attributable to MPLX of $4.3 billion, or $5.1 billion including results of Andeavor Logistics Generated $4.1... More