MPLX LP (MPLX) revealed a profit for its second quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $1.171 billion, or $1.15 per share. This compares with $910 million, or $0.91 per share, in last year's second quarter.
Analysts on average had expected the company to earn $0.98 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 13.5% to $3.052 billion from $2.690 billion last year.
MPLX LP earnings at a glance (GAAP) :
-Earnings (Q2): $1.171 Bln. vs. $910 Mln. last year.-EPS (Q2): $1.15 vs. $0.91 last year.-Revenue (Q2): $3.052 Bln vs. $2.690 Bln last year.
For comments and feedback contact: editorial@rttnews.com
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.