MPLX Q1 2023 Earnings — MPLX Lp Revenue & Financial Results | Market Cap Arena

MPLXMPLX Lp

$60B

Q1 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.5B+1.9% YoY

Gross Profit

$1.2B45.2% margin

Operating Income

$1.2B46.9% margin

Net Income

$943M37.0% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$35.7B

Total Liabilities

$22.6B

Stockholders' Equity

$12.8B

Cash & Equivalents

$393M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.5B	+1.9%
Gross Profit	$1.2B	$1.1B	+8.3%
Operating Income	$1.2B	$1.1B	+12.8%
Net Income	$943M	$825M	+14.3%

Revenue Segments

Logistics and Storage

$125M79%

Gathering and Processing

$34M21%