MPLX LP (MPLX) Tops Q3 EPS by 3c

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Go back to MPLX LP (MPLX) Tops Q3 EPS by 3c

MPLX LP Reports Third-Quarter 2021 Financial Results

November 2, 2021 6:10 AM EDT

FINDLAY, Ohio, Nov. 2, 2021 /PRNewswire/ --

Reported net income attributable to MPLX of $802 million and adjusted EBITDA attributable to MPLX of $1.4 billion Generated $1.2 billion in net cash provided by operating activities; returned $900 million in capital to unitholders through $745 million of distributions and $155 million of unit repurchases; 1.61x adjusted distribution coverage and 3.7x leverage Exceptionally strong year-to-date cash flow supports announced distribution of $1.34 billion; consisting of a 2.5% increase to the base distribution amount and a special distribution amount of approximately $600 million

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