MPLX LP (MPLX) Tops Q3 EPS by 3c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
MPLX LP Reports Third-Quarter 2021 Financial Results
November 2, 2021 6:10 AM EDTFINDLAY, Ohio, Nov. 2, 2021 /PRNewswire/ --
Reported net income attributable to MPLX of $802 million and adjusted EBITDA attributable to MPLX of $1.4 billion Generated $1.2 billion in net cash provided by operating activities; returned $900 million in capital to unitholders through $745 million of distributions and $155 million of unit repurchases; 1.61x adjusted distribution coverage and 3.7x leverage Exceptionally strong year-to-date cash flow supports announced distribution of $1.34 billion; consisting of a 2.5% increase to the base distribution amount and a special distribution amount of approximately $600 millionMPLX LP (NYSE:... More
