8-KEarnings & ResultsExhibits & Filings

MPLX LP 8-K Report, Financial Results (May 1, 2014)

Filed May 1, 2014For Securities:MPLXMPLXP

Summary

MPLX LP (MPLX) filed an 8-K report on May 1, 2014, primarily to announce its first-quarter 2014 financial results. The key financial takeaway from the filing is the reported net income attributable to MPLX LP of $34.2 million for the first quarter of 2014. This report serves as a formal notification to investors about the company's early-stage financial performance, with the detailed press release containing these results being furnished as an exhibit. This filing is significant for investors as it provides a quantitative update on the company's profitability early in its operational history. As this is one of MPLX's initial public financial reports following its IPO (which occurred in October 2012), investors would closely scrutinize this data to assess operational efficiency, revenue generation, and overall financial health as the company established itself in the midstream energy sector.

Key Highlights

  • 1MPLX LP reported a net income of $34.2 million attributable to the partnership for the first quarter of 2014.
  • 2The 8-K filing was made on May 1, 2014, to report on events occurring on April 30, 2014.
  • 3The primary purpose of the filing was to announce and provide access to the company's Q1 2014 earnings press release.
  • 4The press release containing the Q1 2014 earnings information is furnished as Exhibit 99.1 to the 8-K.
  • 5The filing confirms MPLX LP's principal executive offices are located in Findlay, Ohio.
  • 6Michael G. Braddock, Vice President and Chief Accounting Officer, signed the report on behalf of the General Partner.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce and furnish MPLX LP's first-quarter 2014 earnings results to the public and the SEC. This includes providing access to the press release that details these financial outcomes.

MPLX LP reported a net income attributable to MPLX LP of $34.2 million for the first quarter of 2014.

The detailed financial results are contained within the press release dated May 1, 2014, which is furnished as Exhibit 99.1 to this 8-K filing and incorporated by reference.

This specific 8-K filing (dated May 1, 2014) is solely focused on reporting the company's quarterly financial results. It does not indicate any other material events, such as mergers, acquisitions, or significant operational changes, were announced on the event date of April 30, 2014, that required an 8-K disclosure under other items.