MPLX LP (MPLX) Income Statement Analysis

See more : Boardwalk Real Estate Investment Trust (BEI-UN.TO) Income Statement Analysis – Financial Results

Complete financial analysis of MPLX LP (MPLX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MPLX LP, a leading company in the Oil & Gas Midstream industry within the Energy sector.

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MPLX LP (MPLX)

Industry: Oil & Gas Midstream

Sector: Energy

Website: https://www.mplx.com

About MPLX LP

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	10.68B	10.54B	9.58B	8.25B	8.63B	6.08B	3.69B	2.56B	668.00M	520.10M	463.10M	442.20M	410.60M	395.90M
Cost of Revenue	5.86B	6.25B	5.52B	4.65B	4.97B	3.56B	2.38B	1.72B	383.00M	293.00M	279.40M	257.60M	162.90M	259.70M
Gross Profit	4.82B	4.29B	4.06B	3.59B	3.66B	2.52B	1.31B	839.00M	285.00M	227.10M	183.70M	184.60M	247.70M	136.20M
Gross Profit Ratio	45.14%	40.69%	42.35%	43.57%	42.42%	41.45%	35.49%	32.82%	42.66%	43.66%	39.67%	41.75%	60.33%	34.40%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	379.00M	335.00M	353.00M	378.00M	388.00M	291.00M	241.00M	193.00M	104.00M	64.80M	53.70M	49.80M	0.00	30.30M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	379.00M	335.00M	353.00M	378.00M	388.00M	291.00M	241.00M	193.00M	104.00M	64.80M	53.70M	49.80M	67.50M	30.30M
Other Expenses	-716.00M	-481.00M	-11.00M	-134.00M	-13.00M	-34.00M	-44.00M	-64.00M	-25.00M	-21.00M	-17.00M	-8.70M	115.70M	2.50M
Operating Expenses	-337.00M	-146.00M	342.00M	244.00M	375.00M	257.00M	197.00M	129.00M	79.00M	43.80M	36.70M	41.10M	115.70M	32.80M
Cost & Expenses	5.53B	6.11B	5.86B	4.90B	5.34B	3.82B	2.58B	1.85B	462.00M	336.80M	316.10M	298.70M	278.60M	292.50M
Interest Income	0.00	848.00M	793.00M	834.00M	862.00M	0.00	0.00	0.00	0.00	0.00	300.00K	1.30M	2.30M	200.00K
Interest Expense	923.00M	925.00M	879.00M	896.00M	915.00M	661.00M	354.00M	211.00M	35.00M	4.10M	200.00K	200.00K	200.00K	0.00
Depreciation & Amortization	1.21B	1.23B	1.29B	1.38B	1.25B	867.00M	683.00M	591.00M	89.00M	50.20M	48.90M	39.40M	36.30M	52.60M
EBITDA	6.11B	5.67B	5.00B	4.73B	4.55B	3.35B	1.87B	1.48B	537.00M	320.00M	196.20M	183.80M	170.60M	156.20M
EBITDA Ratio	57.23%	46.59%	42.13%	29.26%	41.44%	41.17%	32.27%	22.93%	29.04%	35.24%	31.74%	41.66%	41.55%	39.45%
Operating Income	4.90B	3.68B	2.75B	1.04B	2.38B	2.50B	1.19B	507.00M	206.00M	183.30M	147.00M	143.20M	132.00M	103.40M
Operating Income Ratio	45.88%	34.92%	28.69%	12.56%	27.56%	41.17%	32.27%	19.84%	30.84%	35.24%	31.74%	32.38%	32.15%	26.12%
Total Other Income/Expenses	-923.00M	-925.00M	-879.00M	-896.00M	-915.00M	-714.00M	-354.00M	-261.00M	44.00M	-5.00M	-1.10M	1.10M	2.10M	200.00K
Income Before Tax	3.98B	3.99B	3.11B	-685.00M	1.46B	1.84B	837.00M	246.00M	159.00M	178.00M	145.90M	144.30M	134.10M	103.60M
Income Before Tax Ratio	37.23%	37.81%	32.51%	-8.31%	16.95%	30.30%	22.68%	9.62%	23.80%	34.22%	31.51%	32.63%	32.66%	26.17%
Income Tax Expense	11.00M	8.00M	1.00M	2.00M	380.00M	8.00M	1.00M	-12.00M	2.00M	-100.00K	-200.00K	300.00K	100.00K	300.00K
Net Income	3.93B	3.94B	3.08B	-687.00M	1.03B	1.82B	794.00M	233.00M	156.00M	121.30M	77.90M	13.10M	134.00M	103.30M
Net Income Ratio	36.78%	37.42%	32.14%	-8.33%	11.98%	29.91%	21.51%	9.12%	23.35%	23.32%	16.82%	2.96%	32.64%	26.09%
EPS	3.83	3.75	2.86	-0.65	1.03	2.39	1.07	0.00	1.02	1.55	1.05	0.17	3.63	2.80
EPS Diluted	3.82	3.75	2.86	-0.65	1.03	2.39	1.06	0.00	1.01	1.55	1.05	0.17	3.63	2.80
Weighted Avg Shares Out	1.00B	1.01B	1.03B	1.05B	906.00M	761.00M	385.00M	331.00M	97.00M	74.00M	74.00M	74.00M	36.95M	36.95M
Weighted Avg Shares Out (Dil)	1.00B	1.01B	1.03B	1.05B	907.00M	761.00M	388.00M	338.00M	98.00M	74.40M	74.00M	74.00M	36.95M	36.95M

MPLX LP to Report Third-Quarter Financial Results on November 5, 2024

September 6, 2024prnewswire.com

FINDLAY, Ohio , Sept. 6, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, November 5, 2024, at 9:30 a.m.

MPLX LP (MPLX) Up 2.4% Since Last Earnings Report: Can It Continue?

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MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?

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September 4, 2024zacks.com

MPLX LP (MPLX) concluded the recent trading session at $42.43, signifying a -0.49% move from its prior day's close.

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September 3, 2024zacks.com

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September 2, 2024zacks.com

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MPLX LP 2023 K-3 tax packages now available on company website

August 30, 2024prnewswire.com

FINDLAY, Ohio , Aug. 30, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2023 Schedule K-3 investor tax packages reflecting items of international tax relevance are now available on its website, https://www.mplx.com. Investors may select the...