MPLX

In the past six months, MPLX reported its second-quarter 2026 financial results on August 4, 2026, and is scheduled to report third-quarter results on November 3, 2026; its first-quarter 2026 results were described as soft but with record adjusted EBITDA, and management reiterated confidence in a 12.5% distribution increase for 2026. MPLX announced its quarterly distribution on July 28, 2026, increasing its quarterly distribution for the third quarter of 2025, payable on November 14, 2025, and has been increasing its dividends for three consecutive years. On August 10, 2026, MPLX LP priced a $2.25 billion senior notes offering. On August 17, 2026, the Solitude Pipeline System reached a final investment decision to transport gas from the Permian Basin to the Gulf Coast, and MPLX also signed an underwriting deal with TD, Goldman, and JPMorgan on August 24, 2026. Management indicated that growth in 2026 is expected to be "more back half weighted" as projects like Secretariat I, Harmon Creek III, and the Titan gas treating complex come online and ramp up, with the expansion of the BANGL pipeline to 300,000 barrels per day expected online in the fourth quarter of 2026. The company made its 2025 K-3 tax packages available on its website on August 17, 2026.