MPLX (MPLX) Q2 Revenue Falls 11%
(NYSE:MPLX), a leading midstream energy master limited partnership that operates pipelines, terminals, and processing assets, released its second-quarter 2025 results on August 5, 2025. The standout news was a GAAP revenue miss versus analyst expectations: the company reported $2.79 billion in revenue (GAAP), falling short of GAAP estimates by $351 million. Adjusted EBITDA rose to $1.69 billion, signaling ongoing cash flow strength despite weaker headline numbers. Net income attributable to MPLX (GAAP) dropped by 10.9% compared to Q2 2024. However, the company increased its quarterly distribution per common unit to $0.9565 -- a 12.5% jump in the quarterly distribution, as most recently stated by management. Overall, the quarter showed steady progress in cash generation and operational execution.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
MPLX is a major player in North American energy infrastructure, specializing in the transportation, storage, and processing of crude oil, natural gas, and natural gas liquids (NGLs). It owns and operates thousands of miles of pipeline, large-scale processing plants, storage terminals, and marine assets. The heart of its business lies in two major segments: Crude Oil and Products Logistics, and Natural Gas and Natural Gas Liquids (NGL) Services. These segments serve both Marathon Petroleum Corporation, its largest customer, and a broad set of third-party producers.
Source Fool.com
