MPLX LP reported first-quarter 2026 results: net income $912 million.
“MPLX LP (NYSE: MPLX) today reported first-quarter 2026 net income attributable to MPLX of $912 million, compared with $1,126 million for the first quarter of 2025.”
MPLX LP — fact timeline
Source-grounded facts extracted from MPLX LP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
MPLX LP reported preliminary financial results for the quarter ended March 31, 2026.
“MPLX’s preliminary estimate of its cash and cash equivalents as of March 31, 2026, is incorporated herein by reference. Such information is unaudited and preliminary and does not present all information necessary for an understanding of the MPLX’s results of operations for the quarter ended March 31, 2026.”
MPLX LP incurred revolving credit of $2.5 billion with Wells Fargo Bank, National Association, as administrative agent, and other lenders at Adjusted Term SOFR plus a margin ranging from 100.0 basis points to 175.0 basis maturing April 7, 2031.
“On April 7, 2026, MPLX LP, a Delaware master limited partnership (“MPLX”), entered into a $2.5 billion, five-year Revolving Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, each of Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Barclays Bank PLC, BofA Securities, Inc., Citibank, N.A., Goldman Sachs Banks USA, Mizuho Bank, Ltd., MUFG Bank, Ltd., RBC Capital Markets, Sumitomo Mitsui Banking Corporation and TD Securities (USA) LLC, as joint lead arrangers and joint bookrunners, JPMorgan Chase Bank, N.A., as syndication agent, each of Bank of America, N.A., Barclays Bank PLC, Citibank, N.A., Goldman Sachs Bank USA, Mizuho Bank, Ltd., MUFG Bank, Ltd., Royal Bank of Canada, Sumitomo Mitsui Banking Corporation and The Toronto-Dominion Bank, New York Branch, as documentation agents, and the other lenders and issuing banks that are parties thereto (the “New MPLX Credit Agreement”).”
MPLX LP terminated 2022 Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the various other commercial lending institutions that were party thereto valued at $2.0 billion (effective 2026-04-07).
“The New MPLX Credit Agreement replaced MPLX’s previously existing $2.0 billion credit agreement, dated as of July 7, 2022 (the “2022 Credit Agreement”), by and among MPLX, Wells Fargo Bank, National Association, as administrative agent, and the various other commercial lending institutions that were party thereto. The 2022 Credit Agreement was terminated in connection with and as a condition to the availability of the lending and credit commitments under the New MPLX Credit Agreement.”
MPLX LP entered into New MPLX Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, each of Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Barclays Bank PLC, BofA Securities, Inc., Citibank, N.A., Goldman Sachs Banks USA, Mizuho Bank, Ltd., MUFG Bank, Ltd., RBC Capital Markets, Sumitomo Mitsui Banking Corpora valued at $2.5 billion (effective 2026-04-07).
“On April 7, 2026, MPLX LP, a Delaware master limited partnership (“MPLX”), entered into a $2.5 billion, five-year Revolving Credit Agreement with Wells Fargo Bank, National Association, as administrative agent”
Kelly D. Wright departed as Vice President and Controller at MPLX LP.
“Ms. Iten will succeed Kelly D. Wright, who will cease to serve as Vice President and Controller of MPLX effective March 3, 2025 to accept a role as Vice President Audit of Marathon Petroleum Corporation ("MPC").”
Rebecca L. Iten was appointed as Vice President and Controller at MPLX LP.
“appointed Rebecca L. Iten as Vice President and Controller, effective March 3, 2025.”
Michael J. Hennigan changed role as Executive Chairman at MPLX LP.
“the board of directors of MPC approved the compensation changes below in connection with the appointment of Ms. Mannen to Chief Executive Officer of MPC and the transition of Mr. Hennigan to Executive Chairman of the board of directors of MPC.”
Maryann T. Mannen was appointed as Chief Executive Officer at MPLX LP.
“the board of directors of MPC approved the compensation changes below in connection with the appointment of Ms. Mannen to Chief Executive Officer of MPC and the transition of Mr. Hennigan to Executive Chairman of the board of directors of MPC.”
Michael J. Hennigan was elected as Executive Chairman at MPLX LP.
“Mr. Hennigan has been elected Executive Chairman of MPLX GP’s board of directors”
Maryann T. Mannen was appointed as President and Chief Executive Officer at MPLX LP.
“appointed Maryann T. Mannen as President and Chief Executive Officer, effective August 1, 2024.”
MPLX LP reported first quarter 2024 results: net income $1,005 million.
“MPLX LP (NYSE: MPLX) today reported first-quarter 2024 net income attributable to MPLX of $1,005 million”
MPLX LP reported the year ended December 31, 2023 results: net income $3,928 million.
“MPLX LP Reports Fourth-Quarter and Full-Year 2023 Financial Results”
MPLX LP reported the quarter ended December 31, 2023 results: net income $1,134 million.
“MPLX LP Reports Fourth-Quarter and Full-Year 2023 Financial Results”
C. Kristopher Hagedorn was appointed as member of the Board at MPLX LP.
“the board of managers of MPC Investment LLC, the sole member of MPLX, appointed Mr. Hagedorn to serve as a member of the Board, effective January 1, 2024”
C. Kristopher Hagedorn was appointed as Executive Vice President and Chief Financial Officer at MPLX LP.
“the board of directors (the “Board”) of MPLX GP LLC ("MPLX"), the general partner of MPLX LP, appointed C. Kristopher Hagedorn as Executive Vice President and Chief Financial Officer, effective January 1, 2024.”
John J. Quaid departed as Executive Vice President and Chief Financial Officer at MPLX LP.
“Mr. Hagedorn will succeed John J. Quaid, who will cease to serve as Executive Vice President and Chief Financial Officer of MPLX effective January 1, 2024 to accept a role as Executive Vice President and Chief Financial Officer of Marathon Petroleum Corporation (“MPC”).”
MPLX LP reported third quarter ended September 30, 2023 results: net income $918 million.
“MPLX LP issued a press release announcing its financial results for the quarter ended September 30, 2023.”
Molly R. Benson was appointed as Chief Legal Officer and Corporate Secretary at MPLX LP.
“Molly R. Benson, who currently serves as the Company’s Vice President, Chief Securities, Governance & Compliance Officer and Corporate Secretary, has been appointed as Ms. Gagle’s successor to serve as Chief Legal Officer and Corporate Secretary of the Company effective January 1, 2024.”
Suzanne Gagle departed as General Counsel at MPLX LP.
“Suzanne Gagle, General Counsel of MPLX GP LLC (the “Company”) the general partner of MPLX LP, notified the Company of her intention to retire from the Company, following over 30 years of service with the Company and its affiliates, to be effective January 5, 2024.”
MPLX LP reported six months ended June 30, 2023 results: net income $1,876.
“Financial Highlights (unaudited) Three Months Ended June 30, Six Months Ended June 30, (In millions, except per unit and ratio data) 2023 2022 2023 2022 Net income attributable to MPLX LP $ 933 $ 875 $ 1,876 $ 1,700”
MPLX LP reported second-quarter 2023 results: net income $933 million.
“MPLX LP (NYSE: MPLX) today reported second-quarter 2023 net income attributable to MPLX of $933 million, compared with $875 million for the second quarter of 2022.”
Dan D. Sandman retired as member of the board of directors at MPLX LP.
“On May 1, 2023, Dan D. Sandman retired from his service as a member of the board of directors of MPLX GP LLC, a Delaware limited liability company (the “General Partner”) and the general partner of MPLX LP, a Delaware limited partnership (“MPLX”), as required by the mandatory retirement policy set forth in the Governance Principles of MPLX and the General Partner.”
MPLX LP reported the fiscal year ended December 31, 2022 results: net income $3.9 billion.
“• Fourth-quarter net income attributable to MPLX of $816 million and full-year net income of $3.9 billion”
MPLX LP reported the fourth quarter ended December 31, 2022 results: net income $816 million.
“• Fourth-quarter net income attributable to MPLX of $816 million and full-year net income of $3.9 billion”
Christine S. Breves was elected as director at MPLX LP.
“elected Christine S. Breves to serve on the Board as a director, effective November 16, 2022.”
MPLX LP reported quarter ended September 30, 2022 results: net income $1,428 million.
“MPLX LP (NYSE: MPLX) today reported third-quarter 2022 net income attributable to MPLX of $1,428 million, compared with $802 million for the third quarter of 2021.”
Timothy J. Aydt departed as Executive Vice President and Chief Commercial Officer of MPLX GP LLC at MPLX LP.
“Effective September 1, 2022, Mr. Aydt will no longer serve as an executive officer of MPLX GP LLC and his role with the Partnership will be filled in due course.”
John J. Quaid was appointed as member of the Board at MPLX LP.
“appointed John J. Quaid to serve as a member of the Board, effective January 1, 2022”
Pamela K.M. Beall resigned as member of the Board at MPLX LP.
“the Board determined to accept resignations from Donald C. Templin and Pamela K.M. Beall, each a Management Director who retired from the Marathon Group during 2021.”
Donald C. Templin resigned as member of the Board at MPLX LP.
“the Board determined to accept resignations from Donald C. Templin and Pamela K.M. Beall, each a Management Director who retired from the Marathon Group during 2021.”
Kelly D. Wright was appointed as Vice President and Controller at MPLX LP.
“On July 30, 2021, the board of directors of MPLX GP LLC appointed Kelly D. Wright as Vice President and Controller, effective September 1, 2021.”
Pamela K.M. Beall departed as Chief Financial Officer at MPLX LP.
“Mr. Quaid will succeed Pamela K.M. Beall, who is retiring effective September 1, 2021 as MPLX’s Chief Financial Officer following more than 25 years of service with MPC and MPLX.”
John J. Quaid was appointed as Executive Vice President and Chief Financial Officer at MPLX LP.
“On July 30, 2021, the board of directors of MPLX GP LLC, the general partner of MPLX LP (“MPLX”), appointed John J. Quaid as Executive Vice President and Chief Financial Officer, effective September 1, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.