MPLX Q2 2023 Earnings — MPLX Lp Revenue & Financial Results | Market Cap Arena

MPLXMPLX Lp

$60B

Q2 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.5B-10.7% YoY

Gross Profit

$1.1B44.0% margin

Operating Income

$1.2B47.1% margin

Net Income

$933M37.4% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

-2.1%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$1.2B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$35.9B

Total Liabilities

$22.7B

Stockholders' Equity

$13.0B

Cash & Equivalents

$755M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.8B	-10.7%
Gross Profit	$1.1B	$1.1B	+0.9%
Operating Income	$1.2B	$1.1B	+5.2%
Net Income	$933M	$875M	+6.6%

Revenue Segments

Logistics and Storage

$125M79%

Gathering and Processing

$33M21%