MPLX Q3 2023 Earnings — MPLX Lp Revenue & Financial Results | Market Cap Arena

MPLXMPLX Lp

$60B

Q3 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.7B-1.1% YoY

Gross Profit

$1.1B40.6% margin

Operating Income

$1.2B42.5% margin

Net Income

$918M33.8% margin

EPS (Diluted)

$0.89

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$36.1B

Total Liabilities

$22.8B

Stockholders' Equity

$13.1B

Cash & Equivalents

$960M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.7B	-1.1%
Gross Profit	$1.1B	$1.1B	-2.8%
Operating Income	$1.2B	$1.7B	-31.1%
Net Income	$918M	$1.4B	-35.7%

Revenue Segments

Service

$1.0B65%

Product

$478M30%

Service, Other

$75M5%