---
schema_version: "secwatch.filing_event.v1"
accession: "0001552000-24-000031"
form_type: "8-K"
ticker: "MPLX"
cik: "0001552000"
company_name: "MPLX LP"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:20:12.018574+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MPLX Q3 net income $1.04B; distribution raised 12.5% to $3.83 annualized

## Summary
- Net income $1,037M vs $918M YoY; adjusted EBITDA $1,714M vs $1,596M.
- Distribution raised 12.5% to $0.9565/unit ($3.83 annualized); coverage 1.5x.
- L&S segment EBITDA $1,157M (+$66M); G&P $557M (+$52M) on volume growth.
- Northeast gas processing capacity to reach 8.1 bcf/d by H2 2026; BANGL expansion to 250k bpd by Q1 2025.
- Repurchased $76M in common units; $620M remaining authorization; leverage 3.4x.

## SEC filing metadata
- accession: 0001552000-24-000031
- form_type: 8-K
- ticker: MPLX
- cik: 0001552000
- company_name: MPLX LP
- filed_at: 2024-11-05T23:59:59+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/1552000/000155200024000031/0001552000-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552000/000155200024000031/mplx-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552000-24-000031
- JSON: https://secwatch.observer/filing/0001552000-24-000031.json
- Plain text: https://secwatch.observer/filing/0001552000-24-000031.txt

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