MPLX LP (NYSE:MPLX) Files An 8-K Other Events

0

MPLX LP (NYSE:MPLX) Files An 8-K Other Events

Item 8.01

Other Events.
On March 1, 2017, MPLX LP (the Partnership) entered into a
Membership Interests Contributions Agreement (the Contributions
Agreement) with MPLX GP LLC, MPLX Logistics Holdings LLC, MPLX
Holdings Inc. and MPC Investment LLC (MPC Investment). to the
Contributions Agreement, MPC Investment agreed to contribute the
outstanding membership interests in Hardin Street Transportation
LLC, Woodhaven Cavern LLC and MPLX Terminals LLC through a series
of intercompany contributions to the Partnership (the Transaction).
Accordingly, in Exhibit 99.1 to this Current Report on Form 8-K
we have recast certain information within our Annual Report on
Form 10-K for the year ended December 31, 2016 as filed with the
Securities and Exchange Commission on February 24, 2017 (the
“Previously Filed Annual Report”) to reflect the Transaction
for all periods presented in the following sections:
Part II, Item 6. Selected Financial Data.
Part II, Item 7. Management’s Discussion and Analysis of
Financial Condition and Results of Operations.
Part II, Item 8. Financial Statements and Supplementary Data.
As this Current Report on Form 8-K is being filed only for the
purpose described above and only affects the Items specified
above, the other information in the Previously Filed Annual
Report remains unchanged. No attempt has been made in this
Current Report on Form 8-K to modify or update disclosures in the
Previously Filed Annual Report except for within the Items noted
above. This Current Report on Form 8-K does not reflect events
occurring after the filing of the Previously Filed Annual Report
or modify or update any related disclosures. Information within
the Previously Filed Annual Report not affected by this Current
Report on Form 8-K is unchanged and reflects the disclosure made
at the time of the filing of the Previously Filed Annual Report.
Accordingly, this Current Report on Form 8-K should be read in
conjunction with the Previously Filed Annual Report.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number
Description
12.1
Computation of Ratio of Earnings to Fixed Charges.
23.1
Consent of PricewaterhouseCoopers LLP, independent
accountants.
99.1
Updated Selected Financial Data, Management’s Discussion
and Analysis of Financial Condition and Results of
Operations and Financial Statements and Supplementary
Data of the MPLX LP Annual Report on Form 10-K for the
year ended December 31, 2016.
101.INS
XBRL Instance Document.
101.SCH
XBRL Schema Document.
101.CAL
XBRL Calculation Linkbase Document.
101.DEF
XBRL Definition Linkbase Document.
101.LAB
XBRL Labels Linkbase Document.
101.PRE
XBRL Presentation Linkbase Document.


About MPLX LP (NYSE:MPLX)

MPLX LP is a United States-based diversified master limited partnership (MLP) company, which owns, operates, develops and acquires midstream energy infrastructure assets. The Company is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids (NGLs); and the gathering, transportation and storage of crude oil and refined petroleum products. The Company’s segments are Logistics and Storage (L&S) and Gathering and Processing (G&P). Its assets include infrastructure to support Marathon Petroleum Corporation (MPC), including approximately 2,900 miles of crude oil and refined product pipelines across over nine states. The Company owns a barge dock facility with approximately 80 thousand barrels per day (mbpd) of crude oil and product throughput capacity, as well as crude oil and product storage facilities with approximately 4,530 thousand barrels (mbbls) of available storage capacity.

MPLX LP (NYSE:MPLX) Recent Trading Information

MPLX LP (NYSE:MPLX) closed its last trading session up +0.11 at 35.34 with 762,029 shares trading hands.