---
schema_version: "secwatch.filing_event.v1"
accession: "0001552000-24-000012"
form_type: "8-K"
ticker: "MPLX"
cik: "0001552000"
company_name: "MPLX LP"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:22:36.508678+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MPLX Q1 net income $1.005B, adj EBITDA $1.635B; distribution raised to $0.85/unit

## Summary
- Net income $1,005M (+6.6% YoY); adj EBITDA $1,635M (+7.6% YoY); DCF $1,370M.
- Distribution raised to $0.85/unit (+9.7% YoY); coverage 1.6x; leverage 3.2x; cash $385M.
- Acquired Utica JV interest and dry gas system for $625M; expanded Permian/Marcellus capacity.
- Returned $951M capital; repurchased $75M units; $771M remaining buyback authorization.

## SEC filing metadata
- accession: 0001552000-24-000012
- form_type: 8-K
- ticker: MPLX
- cik: 0001552000
- company_name: MPLX LP
- filed_at: 2024-04-30T23:59:59+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/1552000/000155200024000012/0001552000-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552000/000155200024000012/mplx-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552000-24-000012
- JSON: https://secwatch.observer/filing/0001552000-24-000012.json
- Plain text: https://secwatch.observer/filing/0001552000-24-000012.txt

## Key facts
- Earnings Releases
  MPLX LP reported first quarter 2024 results: net income $1,005 million.
  - Period: first quarter 2024
  - Net income: $1,005 million
  - Result: reported results
  source text: MPLX LP (NYSE: MPLX) today reported first-quarter 2024 net income attributable to MPLX of $1,005 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552000/000155200024000012/0001552000-24-000012-index.htm

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