---
schema_version: "secwatch.filing_event.v1"
accession: "0001552000-23-000004"
form_type: "8-K"
ticker: "MPLX"
cik: "0001552000"
company_name: "MPLX LP"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:23:09.620171+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MPLX LP Q4 net income $816M, adj. EBITDA $1.45B; FY22 net income $3.94B, distribution up 10%

## Summary
- Q4 2022 net income $816M (vs $830M Q4 2021); adjusted EBITDA $1.45B (vs $1.44B); DCF $1.27B.
- Full-year 2022 net income $3.94B (up 28% from $3.08B); adjusted EBITDA $5.78B; DCF $4.98B.
- Logistics & Storage segment adjusted EBITDA rose $45M to $979M; G&P fell $36M to $475M on lower NGL prices.
- 2023 capex outlook $950M ($800M growth, $150M maintenance); Whistler pipeline expansion to 2.5 bcf/d underway.
- Returned over $3.5B capital to unitholders in 2022; repurchased $176M units in Q4; $600M Series B preferred redemption announced.

## SEC filing metadata
- accession: 0001552000-23-000004
- form_type: 8-K
- ticker: MPLX
- cik: 0001552000
- company_name: MPLX LP
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000004/0001552000-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000004/mplx-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552000-23-000004
- JSON: https://secwatch.observer/filing/0001552000-23-000004.json
- Plain text: https://secwatch.observer/filing/0001552000-23-000004.txt

## Key facts
- Earnings Releases
  MPLX LP reported the fiscal year ended December 31, 2022 results: net income $3.9 billion.
  - Period: the fiscal year ended December 31, 2022
  - Net income: $3.9 billion
  - Result: reported results
  source text: • Fourth-quarter net income attributable to MPLX of $816 million and full-year net income of $3.9 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000004/0001552000-23-000004-index.htm
- Earnings Releases
  MPLX LP reported the fourth quarter ended December 31, 2022 results: net income $816 million.
  - Period: the fourth quarter ended December 31, 2022
  - Net income: $816 million
  - Result: reported results
  source text: • Fourth-quarter net income attributable to MPLX of $816 million and full-year net income of $3.9 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000004/0001552000-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.