MPLX Q1 net income $943M, up 14% YoY; adjusted EBITDA $1,519M, up 9%

MPLX LP

Distribution raised to $0.775/unit (+10% YoY); coverage ratio 1.6x; leverage 3.5x.
L&S segment EBITDA $1,026M (+13% YoY) on 6% pipeline throughput growth to 5.6M bpd.
G&P segment EBITDA $493M (+1% YoY); gathered volumes up 21% to 6.4 bcf/d.
Issued $1.6B in senior notes, redeemed $0.6B Series B preferred and $1.0B 4.5% notes.
Advancing Whistler pipeline expansion (to 2.5 bcf/d) and two 200 mmcf/d processing plants.

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.