MPLX LP reported earnings results for the third quarter and nine months ended September 30, 2025. For the third quarter, the company reported sales was USD 446 million compared to USD 431 million a year ago. Revenue was USD 3,619 million compared to USD 2,972 million a year ago. Net income was USD 1,545 million compared to USD 1,037 million a year ago. Basic earnings per share from continuing operations was USD 1.52 compared to USD 1.01 a year ago. Diluted earnings per share from continuing operations was USD 1.52 compared to USD 1.01 a year ago.
For the nine months, sales was USD 1,305 million compared to USD 1,292 million a year ago. Revenue was USD 9,746 million compared to USD 8,870 million a year ago. Net income was USD 3,719 million compared to USD 3,218 million a year ago. Basic earnings per share from continuing operations was USD 3.65 compared to USD 3.14 a year ago. Diluted earnings per share from continuing operations was USD 3.65 compared to USD 3.14 a year ago.
MPLX LP is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. The Company's segments include Crude Oil and Products Logistics, and Natural Gas and NGL Services. The Crude Oil and Products Logistics segment is primarily engaged in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. These assets consist of a network of approximately 14,766 miles of wholly and jointly-owned pipelines and associated storage assets, refining logistics assets at 13 refineries, 88 terminals including rail and truck racks, one export terminal, storage caverns, tank farm assets, an inland marine business and a fuels distribution business. The Natural Gas and NGL Services segment provides wellhead to market services including gathering, processing and transportation of natural gas and natural gas liquids.
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