{"schema_version":"secwatch.filing_event.v1","accession":"0001552000-25-000018","form_type":"8-K","ticker":"MPLX","cik":"0001552000","company_name":"MPLX LP","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.730690+00:00","generated_at":"2026-05-22T11:44:33.210264+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 Q1 net income $1.13B, adj. EBITDA $1.76B, announces $715M BANGL acquisition","bullets":["Q1 net income $1,126M (up 12% YoY); adj. EBITDA $1,757M (up 7% YoY).","Crude & Products adj. EBITDA $1,097M (+4%); Natural Gas & NGL adj. EBITDA $660M (+15%).","Distribution raised to $0.9565/unit (12.5% YoY), coverage 1.5x; leverage 3.3x.","Announced acquisition of remaining 55% of BANGL for $715M, close expected July 2025.","Acquired Whiptail Midstream gathering assets for $237M; increased Matterhorn stake 5% for $151M."],"urls":{"canonical":"https://secwatch.observer/filing/0001552000-25-000018","json":"https://secwatch.observer/filing/0001552000-25-000018.json","markdown":"https://secwatch.observer/filing/0001552000-25-000018.md","text":"https://secwatch.observer/filing/0001552000-25-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1552000/000155200025000018/0001552000-25-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1552000/000155200025000018/mplx-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T11:44:33.210264+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"}