MPLX LP (NYSE:MPLX) Files An 8-K Results of Operations and Financial Condition
Results of Operations and Financial Condition.
On February 7, 2019, MPLX LP issued a press release announcing fourth-quarter and full-year 2018 earnings. The press release is being furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
Financial Statements and Exhibits.
Press Release dated February 7, 2019, issued by MPLX LP
MPLX LP Exhibit
EX-99.1 2 mplx2018q4earningsrelease.htm EXHIBIT 99.1 Exhibit MPLX LP Delivers Extraordinary Results in 2018•Reported record full-year net income of $1.8 billion and adjusted EBITDA of $3.5 billion,…
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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.