---
schema_version: "secwatch.filing_event.v1"
accession: "0001552000-23-000036"
form_type: "8-K"
ticker: "MPLX"
cik: "0001552000"
company_name: "MPLX LP"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:39:24.413733+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MPLX Q3 adj EBITDA $1.596B, DCF $1.373B; distribution up 10% to $0.85/unit

## Summary
- Net income $918M; adj. EBITDA $1,596M (+8% YoY); distributable cash flow $1,373M (+9% YoY).
- Distribution raised 10% to $0.85/unit ($3.40 annualized); coverage ratio 1.6x; leverage 3.4x.
- L&S adj. EBITDA $1,091M (+13%) on higher rates & throughput; G&P $505M (+1%) on volume gains offset by lower NGL prices.
- Returned $799M to unitholders via distributions; no unit repurchases in Q3 vs $180M in prior-year quarter.

## SEC filing metadata
- accession: 0001552000-23-000036
- form_type: 8-K
- ticker: MPLX
- cik: 0001552000
- company_name: MPLX LP
- filed_at: 2023-10-31T23:59:59+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/1552000/000155200023000036/0001552000-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000036/mplx-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552000-23-000036
- JSON: https://secwatch.observer/filing/0001552000-23-000036.json
- Plain text: https://secwatch.observer/filing/0001552000-23-000036.txt

## Key facts
- Earnings Releases
  MPLX LP reported third quarter ended September 30, 2023 results: net income $918 million.
  - Period: third quarter ended September 30, 2023
  - Net income: $918 million
  - Result: reported results
  source text: MPLX LP issued a press release announcing its financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552000/000155200023000036/0001552000-23-000036-index.htm

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