MPLX LP Partnership Units

MPLX: XNYS (USA)
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MPLX Earnings: Relatively Well Insulated From Potential Producer Pullback

MPLX reported first-quarter adjusted EBITDA of $1.8 billion, an increase of 7% year over year. This translated into distributable cash flow of $1.5 billion, an 8% year-on-year increase. The firm also announced three acquisitions since last quarter’s call, totaling $1.1 billion.

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