MPLX LP

For the period ended Jun 30, 2025. Filed Aug 5, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 5, 2025

MPLX$56.71-0.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Unaudited)

MPLX LP

Consolidated Statements of Income (Unaudited)

	Three Months Ended June 30,		Six Months Ended June 30,
(In millions, except per unit data)	2025	2024	2025	2024
Revenues and other income:
Service revenue	$696	$683	$1,403	$1,341
Service revenue - related parties	1,093	1,050	2,159	2,036
Service revenue - product related	70	84	169	179
Rental income	64	64	128	124
Rental income - related parties	216	211	427	428
Product sales	472	388	985	758
Product sales - related parties	25	50	100	113
Sales-type lease revenue	36	34	73	68
Sales-type lease revenue - related parties	116	120	231	241
Income from equity method investments	170	325	356	482
Other income	5	6	15	51
Other income - related parties	40	37	81	77
Total revenues and other income	3,003	3,052	6,127	5,898
Costs and expenses:
Cost of revenues (excludes items below)	369	384	758	755
Purchased product costs	432	376	891	745
Rental cost of sales	20	20	39	39
Rental cost of sales - related parties	4	5	8	9
Purchases - related parties	422	388	838	760
Depreciation and amortization	324	320	650	637
General and administrative expenses	107	107	219	216
Other taxes	32	33	65	67
Total costs and expenses	1,710	1,633	3,468	3,228
Income from operations	1,293	1,419	2,659	2,670
Net interest and other financial costs	234	231	463	466
Income before income taxes	1,059	1,188	2,196	2,204
Provision for income taxes	1	2	2	3
Net income	1,058	1,186	2,194	2,201
Less: Net income attributable to noncontrolling interests	10	10	20	20
Net income attributable to MPLX LP	1,048	1,176	2,174	2,181
Less: Series A preferred unitholders’ interest in net income	—	5	—	15
Limited partners' interest in net income attributable to MPLX LP	$1,048	$1,171	$2,174	$2,166
Per Unit Data (See Note 7)
Net income attributable to MPLX LP per limited partner unit:
Common - basic	$1.03	$1.15	$2.13	$2.13
Common - diluted	$1.03	$1.15	$2.13	$2.13
Weighted average limited partner units outstanding:
Common - basic	1,020	1,019	1,020	1,013
Common - diluted	1,021	1,020	1,020	1,014

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.