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MPLX

Mplx·NYSE
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MPLX fundamentals

Mplx (MPLX) released its earnings on Feb 3, 2026: revenue was 2.89B (YoY -5.52%), missed estimates; EPS was 1.17 (YoY +9.35%), beat estimates.
Revenue / YoY
2.89B
-5.52%
EPS / YoY
1.17
+9.35%
Report date
Feb 3, 2026
MPLX Earnings Call Summary for Q4,2025
  • Distribution Growth: 12.5% annual increase for 2026-2027, supported by $2.4B capital plan targeting mid-teens returns.
  • Permian Leadership: Expanding sour gas treating capacity to 400 MMcf/d and adding 300 MMcf/d processing in Delaware Basin.
  • Marcellus Dominance: 97% utilization in Northeast, with $450M gathering system expansion to capture Utica liquids-rich growth.
  • Global NGL Demand: Gulf Coast export terminal (2028) to capitalize on rising ethane and propane demand, offsetting FERC rate headwinds.
  • Financial Strength: $2.1B cash, 4.0x leverage target, and 1.3x distribution coverage ratio.
EPS
Revenue

Revenue & Expenses

MPLX has released its 2025 Q3 earnings report, with revenue of 3.62B, reflecting a YoY change of 21.77%, and net profit of 1.55B, showing a YoY change of 48.52%. The Sankey diagram below clearly presents MPLX's revenue sources and cost distribution.

Key Indicators

Mplx (MPLX) key financial stats and ratios, covering profitability, financial health, and leverage.
Mplx (MPLX)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Mplx (MPLX)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Mplx (MPLX)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Mplx (MPLX) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Mplx (MPLX) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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Dividend Yield