MPLX Q2 2024 Earnings — MPLX Lp Revenue & Financial Results | Market Cap Arena

MPLXMPLX Lp

$60B

Q2 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.7B+7.5% YoY

Gross Profit

$1.2B44.4% margin

Operating Income

$1.4B52.9% margin

Net Income

$1.2B43.8% margin

EPS (Diluted)

$1.14

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$1.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$38.4B

Total Liabilities

$24.5B

Stockholders' Equity

$13.7B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.5B	+7.5%
Gross Profit	$1.2B	$1.1B	+8.5%
Operating Income	$1.4B	$1.2B	+20.8%
Net Income	$1.2B	$933M	+26.0%

Revenue Segments

Service

$1.1B69%

Product

$388M25%

Service, Other

$84M6%