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MPLX delivered a strong Q2 with $1.048 billion in net income and robust free cash flow of $1.13 billion, while maintaining a healthy balance sheet and executing on strategic growth initiatives including the Northwind Midstream acquisition.
MPLX delivered a solid first quarter with increases in both net income and adjusted EBITDA, supported by expansion in the Permian and Marcellus basins, and strategic pipeline developments.
MPLX LP reported a net income attributable to MPLX of $1,099 million for the fourth quarter of 2024, with adjusted EBITDA of $1,762 million. The company generated $1,675 million in net cash from operating activities and announced a distribution of $0.9565 per common unit.