MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

MPLX LP

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Crude Oil and Products Logistics Adjusted EBITDA

Crude Oil and Products Logistics Adjusted EBITDA % Chg.

Natural Gas and NGL Services Adjusted EBITDA

Natural Gas and NGL Services Adjusted EBITDA % Chg.

Total Adjusted EBITDA

Total Adjusted EBITDA Common Size

Total Adjusted EBITDA % Chg.

Crude Oil and Products Logistics - Crude Oil Pipeline Throughput (mbpd)

Crude Oil and Products Logistics - Crude Oil Pipeline Throughput (mbpd) % Chg.

Crude Oil and Products Logistics - Product Pipelines Throughput (mbpd)

Crude Oil and Products Logistics - Product Pipelines Throughput (mbpd) % Chg.

Crude Oil and Products Logistics - Crude Oil Pipelines Average Tariff Rates (Price per Bbl)

Crude Oil and Products Logistics - Crude Oil Pipelines Average Tariff Rates (Price per Bbl) % Chg.

Crude Oil and Products Logistics - Product Pipelines Average Tariff Rates (Price per Bbl)

Crude Oil and Products Logistics - Product Pipelines Average Tariff Rates (Price per Bbl) % Chg.

Crude Oil and Products Logistics - Terminal Throughput (mbpd)

Crude Oil and Products Logistics - Terminal Throughput (mbpd) % Chg.

Crude Oil and Products Logistics - Barges Marine Assets (Number in Operation)

Crude Oil and Products Logistics - Barges Marine Assets (Number in Operation) % Chg.

Crude Oil and Products Logistics - Towboats Marine Assets (Number in Operation)

Crude Oil and Products Logistics - Towboats Marine Assets (Number in Operation) % Chg.

Natural Gas and NGL Services - Total Gathering Throughput (MPLX LP) (MMcf/d)

Natural Gas and NGL Services - Total Gathering Throughput (MPLX LP) (MMcf/d) % Chg.

Natural Gas and NGL Services - Total Natural Gas Processed (MPLX LP) (MMcf/d)

Natural Gas and NGL Services - Total Natural Gas Processed (MPLX LP) (MMcf/d) % Chg.

Natural Gas and NGL Services - Total C2 + NGLs Fractionated (MPLX LP) (mbpd)

Natural Gas and NGL Services - Total C2 + NGLs Fractionated (MPLX LP) (mbpd) % Chg.

Key Performance Indicators

Crude Oil and Products Logistics - Service Revenue

Crude Oil and Products Logistics - Service Revenue % Chg.

Crude Oil and Products Logistics - Service Revenue Common Size

Crude Oil and Products Logistics - Rental Income

Crude Oil and Products Logistics - Rental Income % Chg.

Crude Oil and Products Logistics - Rental Income Common Size

Crude Oil and Products Logistics - Product Related Revenue

Crude Oil and Products Logistics - Product Related Revenue % Chg.

Crude Oil and Products Logistics - Product Related Revenue Common Size

Crude Oil and Products Logistics - Sales-type Lease Revenue

Crude Oil and Products Logistics - Sales-type Lease Revenue % Chg.

Crude Oil and Products Logistics - Sales-type Lease Revenue Common Size

Crude Oil and Products Logistics - Income from Equity Method Investments

Crude Oil and Products Logistics - Income from Equity Method Investments % Chg.

Crude Oil and Products Logistics - Income from Equity Method Investments Common Size

Crude Oil and Products Logistics - Other Income

Crude Oil and Products Logistics - Other Income % Chg.

Crude Oil and Products Logistics - Other Income Common Size

Total Crude Oil and Products Logistics Revenue

Total Crude Oil and Products Logistics Revenue % Chg.

Total Crude Oil and Products Logistics Revenue Common Size

Natural Gas and NGL Services - Service Revenue

Natural Gas and NGL Services - Service Revenue % Chg.

Natural Gas and NGL Services - Service Revenue Common Size

Natural Gas and NGL Services - Rental Income

Natural Gas and NGL Services - Rental Income % Chg.

Natural Gas and NGL Services - Rental Income Common Size

Natural Gas and NGL Services - Product Related Revenue

Natural Gas and NGL Services - Product Related Revenue % Chg.

Natural Gas and NGL Services - Product Related Revenue Common Size

Natural Gas and NGL Services - Sales-type Lease Revenue

Natural Gas and NGL Services - Sales-type Lease Revenue % Chg.

Natural Gas and NGL Services - Sales-type Lease Revenue Common Size

Natural Gas and NGL Services - Income from Equity Method Investments

Natural Gas and NGL Services - Income from Equity Method Investments % Chg.

Natural Gas and NGL Services - Income from Equity Method Investments Common Size

Revenue	LTM	Dec '24	Dec '23
Crude Oil and Products Logistics - Service Revenue	4,745	4,543	4,335
Crude Oil and Products Logistics - Rental Income	898	882	857
Crude Oil and Products Logistics - Product Related Revenue	16	18	18
Crude Oil and Products Logistics - Sales-type Lease Revenue	460	475	500
Crude Oil and Products Logistics - Income from Equity Method Investments	26	269	270
Crude Oil and Products Logistics - Other Income	133	152	68
Total Crude Oil and Products Logistics Revenue	6,278	6,339	6,048
Natural Gas and NGL Services - Service Revenue	2,459	2,407	2,189
Natural Gas and NGL Services - Rental Income	226	222	208
Natural Gas and NGL Services - Product Related Revenue	2,472	2,221	2,191
Natural Gas and NGL Services - Sales-type Lease Revenue	144	136	136
Natural Gas and NGL Services - Income from Equity Method Investments	687	533	330
Natural Gas and NGL Services - Other Income	59	75	179
Total Natural Gas and NGL Services Revenue	6,531	5,594	5,233
Other Revenue	1,663	-802	-600
Total Revenue	14,472	11,131	10,681

Adjusted EBITDA	LTM	Dec '24	Dec '23
Crude Oil and Products Logistics Adjusted EBITDA	4,363	4,375	4,134
Natural Gas and NGL Services Adjusted EBITDA	2,612	2,389	2,135
Total Adjusted EBITDA	6,975	6,764	6,269

Key Performance Indicators	LTM	Dec '24	Dec '23
Crude Oil and Products Logistics - Crude Oil Pipeline Throughput (mbpd)	—	3,785	3,772
Crude Oil and Products Logistics - Product Pipelines Throughput (mbpd)	—	1,997	2,040
Crude Oil and Products Logistics - Crude Oil Pipelines Average Tariff Rates (Price per Bbl)	—	1	1
Crude Oil and Products Logistics - Product Pipelines Average Tariff Rates (Price per Bbl)	—	1	0.9
Crude Oil and Products Logistics - Terminal Throughput (mbpd)	—	3,131	3,130
Crude Oil and Products Logistics - Barges Marine Assets (Number in Operation)	320	319	305
Crude Oil and Products Logistics - Towboats Marine Assets (Number in Operation)	29	29	29
Natural Gas and NGL Services - Total Gathering Throughput (MPLX LP) (MMcf/d)	—	4,226	3,397
Natural Gas and NGL Services - Total Natural Gas Processed (MPLX LP) (MMcf/d)	—	7,223	6,507
Natural Gas and NGL Services - Total C2 + NGLs Fractionated (MPLX LP) (mbpd)	—	602	564