MPLX LP reported its financial results for the fourth quarter (Q4) and full year (FY) 2025. For Q4 2025, Adjusted EBITDA attributable to MPLX stood at USD 1.80 billion, while net cash provided by operating activities was USD 1.50 billion. Distributable cash flow (DCF) attributable to limited partners reached USD 1.42 billion. The partnership announced a Q4 2025 distribution of USD 1.08 per common unit, resulting in distribution coverage of 1.3x for the quarter. The leverage ratio at the end of Q4 2025 was 3.7x. For the full year 2025, MPLX generated USD 5.91 billion in net cash provided by operating activities, DCF of USD 5.79 billion, and adjusted free cash flow of USD 1.00 billion. The company returned over USD 4.00 billion to unitholders during 2025, with investments focused on growth in its natural gas and NGL value chains. MPLX’s diversified midstream portfolio includes crude oil and refined product pipelines, inland marine operations, storage facilities, and logistics assets. The company also highlighted ongoing investments to expand its natural gas and NGL businesses as part of its strategic growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MPLX LP published the original content used to generate this news brief on February 03, 2026, and is solely responsible for the information contained therein.