MPLX LP (MPLX) Tops Q2 EPS by 9c, Revenues Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
MPLX LP Reports Second-Quarter 2020 Financial Results
August 3, 2020 6:50 AM EDTFINDLAY, Ohio, Aug. 3, 2020 /PRNewswire/ --
Reported net income attributable to MPLX of $648 million and adjusted EBITDA attributable to MPLX of $1.2 billion Generated $1.1 billion in net cash provided by operating activities and reported distribution coverage of 1.39x Maintained quarterly distribution of $0.6875 per common unit On-track to reduce forecasted 2020 capital spending by over $700 million and operating expense by approximately $200 million Maintaining goal to achieve positive free cash flow, after capital investments and distributions, for 2021