Financial PerformanceMPLX posted another solid quarter and reiterated its mid-single-digit EBITDA growth target and 12.5% annual distribution growth rate.
Production GrowthMPLX continues to see strong production across its core areas and expects year-over-year volume growth based on latest producer customer conversations.
Strategic AcquisitionsMPLX acquired crude, gas, and water gathering assets in the San Juan Basin from Whiptail Midstream, which are expected to generate a mid-teen return.