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Mplx Lp Stock Price, News & Analysis

MPLX NYSE

Welcome to our dedicated page for Mplx Lp news (Ticker: MPLX), a resource for investors and traders seeking the latest updates and insights on Mplx Lp stock.

MPLX LP (MPLX) is a leading midstream energy partnership specializing in critical infrastructure for transporting, storing, and processing hydrocarbons across key U.S. production regions. This dedicated news hub provides investors and industry professionals with timely updates on the company's operational developments and strategic initiatives.

Access comprehensive coverage of MPLX's latest press releases, including details on pipeline expansions, storage capacity enhancements, and processing facility operations. Our curated news feed tracks essential updates across both core business segments: Logistics & Storage networks supporting crude oil and refined products, and Gathering & Processing systems for natural gas and NGLs.

Key focus areas include operational milestones in strategic basins like the Appalachian and Permian regions, regulatory compliance updates, and partnership announcements. The resource is designed to help stakeholders monitor infrastructure investments that drive energy market connectivity and operational reliability.

Bookmark this page for centralized access to verified MPLX news, maintained for accuracy and relevance. Check back regularly for essential updates impacting midstream energy infrastructure valuation and performance analysis.

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MPLX LP (NYSE: MPLX) has successfully priced a $4.5 billion senior notes offering consisting of multiple tranches with varying maturities and interest rates. The offering includes $1.25 billion of 4.800% notes due 2031, $750 million of 5.000% notes due 2033, $1.5 billion of 5.400% notes due 2035, and $1.0 billion of 6.200% notes due 2055.

The proceeds will partially fund the pending Northwind Delaware Holdings acquisition and support the recently completed acquisition of the remaining 55% interest in BANGL, LLC. The remaining funds will be used for general partnership purposes. The offering is expected to close on August 11, 2025, with six major financial institutions serving as joint book-running managers.

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MPLX LP (NYSE:MPLX) reported strong Q2 2025 financial results, highlighted by a $2.375 billion acquisition of Northwind Midstream to enhance its Permian natural gas operations. The company achieved net income of $1.048 billion and adjusted EBITDA of $1.69 billion, with net cash from operations of $1.736 billion.

Key financial metrics include distributable cash flow of $1.42 billion and a quarterly distribution of $0.9565 per unit with 1.5x coverage. The company maintains a solid leverage ratio of 3.1x and announced a new $1.0 billion unit repurchase authorization. Segment performance showed growth in Crude Oil and Products Logistics, while Natural Gas and NGL Services remained stable.

MPLX is advancing several strategic projects, including the Secretariat processing plant, BANGL Pipeline expansion, and new Gulf Coast fractionation facilities, positioning for continued growth through 2029.

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MPLX LP (NYSE: MPLX) has announced a strategic acquisition of Northwind Midstream for $2.375 billion in cash. The transaction, expected to close in Q3 2025, will be financed through debt and represents a 7x multiple on forecast 2027 EBITDA.

Northwind's assets in Lea County, New Mexico include 200,000+ dedicated acres, 200+ miles of gathering pipelines, and sour gas treating facilities. Current capacity of 150 MMcf/d will expand to 440 MMcf/d by H2 2026. The acquisition will provide access to up to 400 MMcf/d of incremental gas and 70,000 barrels per day of new NGL volumes.

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MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the second quarter of 2025. This equates to $3.826 on an annualized basis. The distribution will be paid on August 15, 2025, to unitholders of record as of August 8, 2025.

The announcement includes tax information for brokers and nominees handling MPLX units for non-U.S. investors, specifying that 100% of distributions are subject to federal income tax withholding at the highest applicable effective tax rate.

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MPLX LP (NYSE: MPLX), a midstream energy infrastructure company, has scheduled its second-quarter 2025 financial results conference call for Tuesday, August 5, 2025, at 9:30 a.m. EDT. The company will make the earnings release and related investor materials available on their website www.mplx.com before the conference call. Investors and interested parties can access the live webcast through the company's website, and a replay will remain available for two weeks following the presentation.
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I Squared Capital has agreed to acquire a 37% stake in Matterhorn InvestCo, LLC, which owns 65% of the Matterhorn Express Pipeline (MXP). MXP is a strategic 2.5 billion cubic feet per day natural gas pipeline connecting the Permian Basin to Texas demand centers and Gulf Coast LNG export terminals. The pipeline, which began operations in November 2024, is fully contracted and serves growing energy demand centers, including LNG terminals, industrial hubs, and AI-driven data centers in Austin and Houston areas. Post-transaction, MXP's ownership will be distributed among MXP HoldCo (65%), ONEOK (15%), MPLX (10%), and Enbridge (10%). WhiteWater Midstream will continue operating the pipeline through MXP HoldCo. The transaction is expected to close in mid-2025.
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In a significant infrastructure deal, I Squared, MPLX LP (MPLX), and Enbridge Inc. (ENB) have agreed to acquire equity interests in the Matterhorn Express Pipeline from Ridgemont Equity Partners and Devon Energy (DVN). Post-transaction, the ownership structure will be distributed as follows: WhiteWater will hold 65%, while MPLX and Enbridge will each own 10% of the pipeline. WhiteWater's equity stake will be jointly supported by FIC and I Squared, and they will continue to operate the pipeline. The deal is scheduled to close in Q2 2025.

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MPLX reported strong Q1 2025 financial results with net income of $1.1 billion, up from $1 billion in Q1 2024. The company achieved 7% year-over-year adjusted EBITDA growth to $1.8 billion, with distributable cash flow of $1.5 billion. Key highlights include the strategic acquisition of remaining 55% stake in BANGL LLC for $715 million and FID of the Traverse natural gas pipeline. The company's Crude Oil segment saw adjusted EBITDA of $1.1 billion, while Natural Gas segment reached $660 million. MPLX announced a quarterly distribution of $0.9565 per unit with 1.5x coverage. The company maintains a strong financial position with $2.5 billion in cash and a leverage ratio of 3.3x, while executing multiple growth projects in the Permian and Marcellus basins.
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MPLX (NYSE: MPLX) has announced its quarterly cash distribution for the first quarter of 2025. The company will distribute $0.9565 per common unit, which equals $3.826 on an annualized basis.

Key details of the distribution:

  • Payment Date: May 16, 2025
  • Record Date: May 9, 2025

The announcement includes important tax information for brokers and nominees handling MPLX units for non-U.S. investors. Under Treasury Regulations, 100% of the Partnership's distributions to non-U.S. investors are:

  • Considered effectively connected with U.S. trade or business
  • Subject to federal income tax withholding at the highest applicable rate
  • Treated as exceeding cumulative net income for withholding purposes

Brokers and nominees, not MPLX, are responsible for withholding on distributions for non-U.S. investors.

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WhiteWater, MPLX LP, and Enbridge Inc. (ENB) have announced a final investment decision through their WPC joint venture to construct the Traverse Pipeline, partnering with Targa Resources Corp. The project features a bi-directional 36-inch pipeline spanning approximately 160 miles along the Gulf Coast between Agua Dulce and the Katy area.

The pipeline is designed to transport up to 1.75 billion cubic feet per day of natural gas and will be connected to multiple sources including the Whistler, Blackcomb, and Matterhorn Express Pipelines. The infrastructure will be owned by the Blackcomb Pipeline joint venture, with ownership split between WPC (70.0%), Targa (17.5%), and MPLX (12.5%). WhiteWater will handle construction and operations, with service expected to begin in 2027.

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FAQ

What is the current stock price of Mplx Lp (MPLX)?

The current stock price of Mplx Lp (MPLX) is $50.41 as of August 8, 2025.

What is the market cap of Mplx Lp (MPLX)?

The market cap of Mplx Lp (MPLX) is approximately 52.3B.
Mplx Lp

NYSE:MPLX

MPLX Rankings

MPLX Stock Data

52.29B
371.59M
63.6%
24.01%
0.76%
Oil & Gas Midstream
Pipe Lines (no Natural Gas)
Link
United States
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