MPLX Q2 2022 Earnings — MPLX Lp Revenue & Financial Results | Market Cap Arena

MPLXMPLX Lp

$60B

Q2 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.8B+21.6% YoY

Gross Profit

$1.1B38.9% margin

Operating Income

$1.1B39.9% margin

Net Income

$875M31.3% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+11.8%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$35.8B

Total Liabilities

$22.7B

Stockholders' Equity

$12.9B

Cash & Equivalents

$298M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.3B	+21.6%
Gross Profit	$1.1B	$998M	+9.0%
Operating Income	$1.1B	$931M	+20.0%
Net Income	$875M	$706M	+23.9%

Revenue Segments

Gathering and Processing

$1.5B93%

Logistics and Storage

$114M7%