MPLX reports Q2 EPS $1.03, consensus $1.08

Reports Q2 revenue $3B, consensus $3.14B. “The planned acquisition of Northwind Midstream demonstrates progress on our Natural Gas and NGL growth strategies in the Permian basin,” said Maryann Mannen, MPLX (MPLX) president and chief executive officer. “In the first half of 2025, operational and commercial performance delivered 5% year-over-year adjusted EBITDA growth. This execution of our mid-single digit growth strategy allows us to reinvest in the business and return capital to unitholders through anticipated annual distribution increases.”