{"schema_version":"secwatch.filing_event.v1","accession":"0001552000-25-000008","form_type":"8-K","ticker":"MPLX","cik":"0001552000","company_name":"MPLX LP","filed_at":"2025-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.973312+00:00","generated_at":"2026-05-27T03:27:01.010225+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MPLX Q4 net income $1.1B; FY adj. EBITDA $6.8B (+8%); announces NGL fractionation complex & export terminal","bullets":["Q4 net income $1,099M (vs $1,134M YoY); adjusted EBITDA $1,762M, up 9% from $1,623M.","Full-year 2024 net income $4.3B (+10%), adj. EBITDA $6.8B (+8%), distributable cash flow $5.7B.","2025 capex outlook $2.0B, with $1.45B for Natural Gas & NGL Services growth capital.","Announced Gulf Coast fractionation complex (two 150k bpd trains, 2028/2029) and ONEOK partnership for 400k bpd LPG export terminal (2028).","Q4 distribution $0.9565/unit (+12.5% YoY); $100M unit repurchases in Q4; leverage 3.1x."],"urls":{"canonical":"https://secwatch.observer/filing/0001552000-25-000008","json":"https://secwatch.observer/filing/0001552000-25-000008.json","markdown":"https://secwatch.observer/filing/0001552000-25-000008.md","text":"https://secwatch.observer/filing/0001552000-25-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1552000/000155200025000008/0001552000-25-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1552000/000155200025000008/mplx-20250204.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:27:01.010225+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}