MPLX Q1 2024 Earnings — MPLX Lp Revenue & Financial Results | Market Cap Arena

MPLXMPLX Lp

$60B

Q1 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.6B+2.2% YoY

Gross Profit

$1.2B44.2% margin

Operating Income

$1.3B48.0% margin

Net Income

$1.0B38.6% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$36.5B

Total Liabilities

$22.8B

Stockholders' Equity

$13.4B

Cash & Equivalents

$385M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.5B	+2.2%
Gross Profit	$1.2B	$1.2B	+0.1%
Operating Income	$1.3B	$1.2B	+4.6%
Net Income	$1.0B	$943M	+6.6%

Revenue Segments

Service

$986M68%

Product

$370M25%

Service, Other

$95M7%