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MPLX: 9% Yield, More Strong Earnings
Seeking Alpha· 2024-01-19 14:15
onurdongelLooking for energy-based high yield income? Ohio-based MPLX LP (NYSE:MPLX) has been in this industry since 2012. MPLX LP is a diversified, large-cap master limited partnership formed by Marathon Petroleum Corporation (MPC) that owns and operates midstream energy infrastructure and logistics assets, and provides fuels distribution services. Company Profile: MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segmen ...
MPLX LP announces C. Kristopher Hagedorn as Chief Financial Officer
Prnewswire· 2023-12-21 21:17
FINDLAY, Ohio, Dec. 21, 2023 /PRNewswire/ -- Michael J. Hennigan, chairman, president and chief executive officer of the general partner of MPLX LP (NYSE: MPLX), today announced that C. Kristopher Hagedorn has been appointed executive vice president and chief financial officer of the general partner of MPLX, effective January 1, 2024. As MPLX CFO, Hagedorn will succeed John J. Quaid, who has been named executive vice president and chief financial officer of Marathon Petroleum Corporation (NYSE: MPC). Hagedo ...
MPLX(MPLX) - 2023 Q3 - Earnings Call Presentation
2023-10-31 16:29
Gathering: 6.3 Bcf/d 3% vs. 3Q22 ▪ Higher volumes and throughput fees offset by lower natural gas liquids prices 502 Volumes include amounts related to unconsolidated equity method investments on a 100% basis. | --- | --- | --- | |---------------------------------------------------|-----------------------------------------|--------| | | Three Months Ended September 30, \n2022 | 2023 | | Distributions Declared ($/unit) | $0.775 | $0.850 | | Distribution Coverage Ratio | 1.6x | 1.6x | | Adjusted Free Cash Flo ...
MPLX(MPLX) - 2023 Q3 - Earnings Call Transcript
2023-10-31 16:28
MPLX LP (NYSE:MPLX) Q3 2023 Earnings Conference Call October 31, 2023 9:30 AM ET Company Participants Kristina Kazarian - VP, Finance & IR Michael Hennigan - Chairman, President and Chief Executive Officer John Quaid - Executive Vice President and Chief Financial Officer David Heppner - Senior Vice President of MPLX GP LLC Shawn Lyon - SVP, Logistics & Storage Gregory Floerke - Executive Vice President and Chief Operating Officer Conference Call Participants John Mackay - Goldman Sachs Theresa Chen - Barcla ...
MPLX(MPLX) - 2023 Q3 - Quarterly Report
2023-10-30 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-Q ____________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35714 MPLX LP ( ...
MPLX(MPLX) - 2023 Q2 - Earnings Call Transcript
2023-08-01 17:29
MPLX LP (NYSE:MPLX) Q2 2023 Earnings Conference Call August 1, 2023 9:30 AM ET Company Participants Kristina Kazarian - VP, Finance & IR Michael Hennigan - Chairman, President & CEO John Quaid - EVP, CFO & Director Shawn Lyon - SVP, Logistics & Storage David Heppner - Senior Vice President of MPLX GP LLC Conference Call Participants Brian Reynolds - UBS Keith Stanley - Wolfe Research Jeremy Tonet - JPMorgan Theresa Chen - Barclays Neal Dingmann - Truist Operator Welcome to the MPLX Second Quarter 2023 Earni ...
MPLX(MPLX) - 2023 Q2 - Earnings Call Presentation
2023-08-01 12:04
Forward‐Looking Statements This presentation contains forward-looking statements regarding MPLX LP (MPLX). These forward-looking statements may relate to, among other things, MPLX's expectations, estimates and projections concerning its business and operations, financial priorities, including with respect to positive free cash flow and distribution coverage, strategic plans, capital return plans, capital expenditure plans, operating cost reduction objectives, and environmental, social and governance ("ESG") ...
MPLX(MPLX) - 2023 Q2 - Quarterly Report
2023-07-31 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-Q ____________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35714 MPLX LP (Exact ...
MPLX(MPLX) - 2023 Q1 - Earnings Call Transcript
2023-05-02 17:04
MPLX LP (NYSE:MPLX) Q1 2023 Earnings Conference Call May 2, 2023 9:30 AM ET Company Participants Kristina Kazarian - VP, Finance & IR Michael Hennigan - Chairman, President & CEO John Quaid - EVP, CFO & Director Gregory Floerke - EVP & COO Shawn Lyon - SVP, Logistics & Storage Conference Call Participants Jeremy Tonet - JPMorgan Chase & Co. Brian Reynolds - UBS Keith Stanley - Wolfe Research Theresa Chen - Barclays Bank Neal Dingmann - Truist Securities Michael Blum - Wells Fargo Securities Indraneel Mitra ...
MPLX(MPLX) - 2023 Q1 - Quarterly Report
2023-05-01 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-Q ____________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35714 MPLX LP (Exact name of r ...