MPLX LP
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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Sep 30, 2026 · Filed Nov 3, 2026
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. Subsequent Event
- Subsequent Event
Announced Divestiture of St. Paul Park and Mandan Logistics Assets
On November 2, 2026, we entered into a definitive agreement to divest our logistics assets associated with MPC’s St. Paul Park, Minnesota and Mandan, North Dakota refineries for $750 million in cash, subject to working capital and other closing adjustments. The carrying value of the associated net assets was $422 million as of September 30, 2026 and reported within the Crude Oil and Products Logistics segment. The transaction is expected to close in the fourth quarter of 2026, pending satisfaction of customary closing conditions and regulatory approvals.
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