Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.

MPLX LP (NYSE: MPLX) today reported fourth-quarter 2024 net income attributable to MPLX of $1,099 million, compared with $1,134 million for the fourth quarter of 2023. Adjusted ea ...

MPLX announced a $2 billion capital expenditure plan for 2025, allocating 85% to Natural Gas and NGL Services projects, with expected mid-teens returns. This includes a $2.5 billion investment in a ...

Good morning, and welcome to the Enterprise Products Partners conference call to discuss fourth quarter 2024 earnings. Our ...

Co-CEO Jim Teague highlighted that in 2024, the company achieved $9.9 billion in EBITDA and $7.8 billion in distributable cash flow (DCF) with a coverage ratio of 1.7 times. He noted significant ...

The midstream energy giant reported solid fourth-quarter results, with notable advances in revenue and operational metrics.

Reports Q4 revenue $14.20B, consensus $14.13B. “Our record 2024 financial performance was driven by record volumes across our midstream ...

Reports Q4 revenue $3.06B, consensus $3.07B. “In 2024, we achieved 8% adjusted EBITDA growth,” said Maryann Mannen, MPLX (MPLX) president and ...

Stifel analysts increased their price target on MPLX LP (NYSE:MPLX) shares to $58, up from the previous target of $49, while reiterating a Buy rating. The adjustment follows MPLX's fourth-quarter ...

EPD reported Q4 2024 sales decline of 2.9% YoY to $14.201B, beating consensus. Adjusted EBITDA rose to $2.59B and EPS was 74 ...

Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...