Summary
This 8-K filing by MPLX LP, dated January 30, 2013, primarily serves to report the company's fourth quarter 2012 financial results following its Initial Public Offering (IPO). For the period from its IPO on October 31, 2012, through December 31, 2012, MPLX LP reported a net income attributable to the partnership of $13.1 million. This report is significant as it provides investors with their first look at the operational and financial performance of MPLX LP as a publicly traded entity. The reported net income offers an initial benchmark for the partnership's profitability in its early public trading days, which will be a key metric for investors to track in subsequent filings. The filing includes a press release detailing these results, which is incorporated by reference.
Key Highlights
- 1MPLX LP reported a net income of $13.1 million for the fourth quarter of 2012 (post-IPO period).
- 2The reporting period covers from the company's IPO on October 31, 2012, through December 31, 2012.
- 3This 8-K filing includes the press release announcing these fourth-quarter 2012 earnings.
- 4The filing marks the first financial results disclosure by MPLX LP as a public company.
- 5Michael G. Braddock, Vice President and Controller, signed the report on behalf of the General Partner.