MPLX LP Announces Quarterly Distribution

Williams Companies (WMB) will buy Momentum Midstream for $5.5B and invest $1.5B in its Delta Access Expansion, adding 4.05 Bcf/d capacity and 2.25 Bcf/d starting early 2029. Enbridge (ENB) and MPLX (MPLX) sanctioned the 2.6 Bcf/d Bay Runner Twin Pipeline for NextDecade’s Rio Grande LNG, entering service by 2030. TC Energy (TRP) and DT Midstream (DTM) approved gas pipeline expansions tied to 20-year take-or-pay contracts for power and AI data centers.

MPLX LP reported Q2 2026 results and an earnings-call outlook. It said adjusted EBITDA rose 5% year over year, helped by record Marcellus volumes and higher NGL pipeline throughput. MPLX raised 2026 capital spending outlook by $500 million to $2.9 billion and expects mid-single-digit adjusted EBITDA growth in 2026 and stronger 2027 growth, with distribution increases of 12.5% for 2026-27.

MPLX LP (NYSE: MPLX) reported Q2 2026 net income attributable to MPLX of $1.077 billion and operating cash flow of $1.702 billion. Adjusted EBITDA was $1.775 billion and distributable cash flow $1.450 billion. MPLX declared a $1.0765 per unit distribution and expects 12.5% distribution increases in 2026 and 2027. Growth capex outlook rose to $2.9 billion.

MPLX LP (MPLX) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 mplxq22026earningsrelease.htm EX-99.1 Document Exhibit 99.1 MPLX LP Reports Second-Quarter 2026 Financial Results • Executing Natural Gas and NGL value chain growth strategy; Harmon Creek III processing plant beginning operations in August; progressing expansion of Perm

Michigan’s EGLE approved July 30 air permits for Marathon Petroleum and MPLX Terminals in Southwest Detroit, covering a refinery expansion and fuel loading/rail changes. The permits add conditions including extended enhanced air monitoring for at least six years at four locations, after a July 6 flare event tied to a power outage. EGLE estimates higher ozone-forming pollutants and SO2 emissions.

SK Hynix is considering options for its Chongqing, China semiconductor packaging and testing facility, including possibly bringing in an investor to accelerate growth. People familiar said a potential stake sale could value the plant at about US$3 billion and SK Hynix may keep a minority stake. Separately, it plans a 54 trillion won (US$38 billion) South Korea expansion for DRAM and NAND.