---
schema_version: "secwatch.filing_event.v1"
accession: "0001552000-23-000026"
form_type: "8-K"
ticker: "MPLX"
cik: "0001552000"
company_name: "MPLX LP"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:09:34.223494+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MPLX Q2 net income $933M, adj. EBITDA $1.531B; Permian processing plant expansion announced

## Summary
- Net income $933M (Q2 2023) vs $875M (Q2 2022); adj. EBITDA $1,531M vs $1,457M.
- Distributable cash flow $1,315M; distribution $0.775/unit; coverage ratio 1.7x.
- L&S segment adj. EBITDA $1,022M (+6% YoY); pipeline throughput 6.0M bpd, tariff rate $0.89/bbl.
- G&P adj. EBITDA $509M; volumes up: gathered 6.2 Bcf/d (+9%), processed 8.9 Bcf/d (+6%).
- Permian growth: seventh gas plant (Secretariat) online H2 2025; BANGL pipeline expansion to 200k bpd by H1 2025.

## SEC filing metadata
- accession: 0001552000-23-000026
- form_type: 8-K
- ticker: MPLX
- cik: 0001552000
- company_name: MPLX LP
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000026/0001552000-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000026/mplx-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552000-23-000026
- JSON: https://secwatch.observer/filing/0001552000-23-000026.json
- Plain text: https://secwatch.observer/filing/0001552000-23-000026.txt

## Key facts
- Earnings Releases
  MPLX LP reported second-quarter 2023 results: net income $933 million.
  - Period: second-quarter 2023
  - Net income: $933 million
  - Result: reported results
  source text: MPLX LP (NYSE: MPLX) today reported second-quarter 2023 net income attributable to MPLX of $933 million, compared with $875 million for the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000026/0001552000-23-000026-index.htm
- Earnings Releases
  MPLX LP reported six months ended June 30, 2023 results: net income $1,876.
  - Period: six months ended June 30, 2023
  - Net income: $1,876
  - Result: reported results
  source text: Financial Highlights (unaudited) Three Months Ended June 30, Six Months Ended June 30, (In millions, except per unit and ratio data) 2023 2022 2023 2022 Net income attributable to MPLX LP $ 933 $ 875 $ 1,876 $ 1,700
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000026/0001552000-23-000026-index.htm

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