Form 8-K MPLX LP For: Oct 30

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Go back to Form 8-K MPLX LP For: Oct 30

UPDATE: UBS Upgrades MPLX LP (MPLX) to Buy

October 31, 2014 8:36 AM EDT

(Updated - October 31, 2014 11:34 AM EDT)

UBS upgraded MPLX LP (NYSE: MPLX) from Neutral to Buy with a price target of $75 (from $65).. Analyst Shneur Z. Gershuni sees accelerated growth.

"MPLX rallied 7.5% today after MPC and MPLX announced an intention to accelerate dropdowns... More

MPLX LP (MPLX) Misses Q3 EPS by 2c

October 30, 2014 7:19 AM EDT

MPLX LP (NYSE: MPLX) reported Q3 EPS of $0.37, $0.02 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $138 million versus the consensus estimate of $135.88 million.

Third-quarter 2014 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) attributable to MPLX were $40.2 million... More