MPLX Q3 net income $802M, adj. EBITDA $1.389B, distribution increase and special payout

MPLX LP

Net income attributable to MPLX $802M vs $665M YoY; adjusted EBITDA $1.389B vs $1.335B.
Declared Q3 distribution of $1.28/unit ($0.705 base plus $0.575 special), base up 2.5% from Q2.
Generated $1.182B operating cash flow, $1.191B distributable cash flow, 1.61x adjusted coverage, 3.7x leverage.
L&S segment throughput 5.5M bpd (+17% YoY), avg tariff $0.90/bbl; G&P adj. EBITDA $485M.
Strategic alternatives for Alaska logistics ops; Whistler Pipeline (38% stake) placed in service July 2021.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.