MPLX LP Partnership Units

MPLX: XNYS (USA)

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MPLX Earnings: Northwind Acquisition Pushes 2025 M&A Above $3 Billion; Trim Fair Value to $55

Adam Baker

Aug 6, 2025

MPLX posted results largely in line with PitchBook consensus, with EBITDA of $1,690 million versus $1,699 million. While the results were in line with expectations, the focus of management was on the recently announced Northwind Midstream acquisition.

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MPLX LP Partnership Units

MPLX Earnings: Northwind Acquisition Pushes 2025 M&A Above $3 Billion; Trim Fair Value to $55

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