Financials MPLX LP OTC Markets

Stocks

MPLXP

US55336V3087

Oil & Gas Transportation Services

Market Closed - OTC Markets 10:24:03 18/03/2021 pm IST			5-day change	1st Jan Change
33.38 ^USD	+1.14%		-.--%	-

11/08	MPLX Prices $2.25 Billion Debt Offering	MT
04/08	Tranche Update on MPLX LP's Equity Buyback Plan announced on August 5, 2025.	CI

Projected Income Statement: MPLX LP

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	10,027	11,613	11,281	11,933	12,998	13,113	13,930	14,826
Change	-	15.82%	-2.86%	5.78%	8.92%	0.89%	6.23%	6.43%
EBITDA ¹	5,560	5,775	6,269	6,764	7,017	7,274	7,835	8,277
Change	-	3.87%	8.55%	7.9%	3.74%	3.66%	7.72%	5.64%
EBIT ¹	3,992	4,911	4,900	5,288	5,943	5,592	6,132	6,449
Change	-	23.02%	-0.22%	7.92%	12.39%	-5.91%	9.65%	5.18%
Interest Paid ¹	-879	-925	-923	-921	-983	-1,154	-1,139	-1,273
Earnings before Tax (EBT) ¹	3,113	3,986	3,977	4,367	4,960	4,460	5,059	5,432
Change	-	28.04%	-0.23%	9.81%	13.58%	-10.08%	13.44%	7.36%
Net income ¹	2,936	3,815	3,829	4,290	4,912	4,434	4,963	5,302
Change	-	29.94%	0.37%	12.04%	14.5%	-9.72%	11.92%	6.83%
Announcement Date	02/02/22	31/01/23	30/01/24	04/02/25	03/02/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2
Net sales ¹	2,559	2,734	2,610	2,940	3,401	2,662	2,713	2,690	2,912	2,966	2,846	3,052	2,972	3,063	3,124	3,003	3,619	3,252	3,038	3,312	3,372	3,431	3,351	3,411	3,461	3,511	3,540	3,615
Change	-	6.84%	-4.54%	12.64%	15.68%	-21.73%	1.92%	-0.85%	8.25%	1.85%	-4.05%	7.24%	-2.62%	3.06%	1.99%	-3.87%	20.51%	-10.14%	-6.58%	9.02%	1.81%	1.76%	-2.34%	1.79%	1.47%	1.45%	0.82%	2.1%
EBITDA ¹	1,389	1,445	1,393	1,457	1,471	1,454	1,519	1,531	1,596	1,623	1,635	1,653	1,714	1,762	1,757	1,690	1,766	1,804	1,729	1,775	1,860	1,920	1,901	1,946	1,989	2,005	2,005	2,071
Change	-	4.03%	-3.6%	4.59%	0.96%	-1.16%	4.47%	0.79%	4.25%	1.69%	0.74%	1.1%	3.69%	2.8%	-0.28%	-3.81%	4.5%	2.15%	-4.16%	2.66%	4.79%	3.23%	-0.99%	2.34%	2.24%	0.77%	0%	3.32%
EBIT ¹	1,031	1,056	1,060	1,117	1,674	1,060	1,196	1,175	1,154	1,375	1,251	1,419	1,275	1,343	1,366	1,293	1,801	1,483	1,214	1,378	1,454	1,500	1,503	1,491	1,530	1,534	1,529	1,550
Change	-	2.42%	0.38%	5.38%	49.87%	-36.68%	12.83%	-1.76%	-1.79%	19.15%	-9.02%	13.43%	-10.15%	5.33%	1.71%	-5.34%	39.29%	-17.66%	-18.14%	13.51%	5.52%	3.17%	0.2%	-0.8%	2.62%	0.26%	-0.33%	1.37%
Charge d'intérêts ¹	-220	-218	-218	-233	-236	-234	-224	-233	-225	-222	-235	-231	-226	-229	-229	-234	-243	-277	-291	-	-288.7	-292.7	-306.5	-307.5	-308.5	-311	-322	-325
Earnings before Tax (EBT) ¹	811	838	838	884	1,438	826	953	942	929	1,153	1,016	1,188	1,049	1,114	1,137	1,059	1,558	1,206	923	1,089	1,121	1,179	1,235	1,272	1,331	1,343	1,320	1,368
Change	-	3.33%	0%	5.49%	62.67%	-42.56%	15.38%	-1.15%	-1.38%	24.11%	-11.88%	16.93%	-11.7%	6.2%	2.06%	-6.86%	47.12%	-22.59%	-23.47%	17.98%	2.94%	5.17%	4.77%	2.99%	4.63%	0.88%	-1.72%	3.65%
Net income ¹	754	799	793	844	1,395	783	915	910	893	1,111	995	1,171	1,031	1,093	1,126	1,048	1,545	1,193	912	1,077	1,137	1,171	1,224	1,261	1,319	1,331	1,309	1,357
Change	-	5.97%	-0.75%	6.43%	65.28%	-43.87%	16.86%	-0.55%	-1.87%	24.41%	-10.44%	17.69%	-11.96%	6.01%	3.02%	-6.93%	47.42%	-22.78%	-23.55%	18.09%	5.55%	2.99%	4.56%	3.02%	4.59%	0.89%	-1.66%	3.68%
Announcement Date	02/11/21	02/02/22	03/05/22	02/08/22	01/11/22	31/01/23	02/05/23	01/08/23	31/10/23	30/01/24	30/04/24	06/08/24	05/11/24	04/02/25	06/05/25	05/08/25	04/11/25	03/02/26	05/05/26	04/08/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: MPLX LP

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	18,558	19,558	19,383	19,429	23,516	25,345	25,826	26,857
Change	-	5.39%	-0.89%	0.24%	21.04%	7.78%	1.9%	3.99%
Announcement Date	02/02/22	31/01/23	30/01/24	04/02/25	03/02/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: MPLX LP

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	596	806	937	1,056	1,808	3,032	2,028	1,827
Change	-	35.23%	16.25%	12.7%	71.21%	67.67%	-33.11%	-9.88%
Free Cash Flow (FCF) ¹	4,399	4,213	4,135	3,942	1,033	3,068	4,311	4,950
Change	-	-4.23%	-1.85%	-4.67%	-73.8%	196.96%	40.52%	14.84%
Announcement Date	02/02/22	31/01/23	30/01/24	04/02/25	03/02/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: MPLX LP

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	55.45%	49.73%	55.57%	56.68%	53.99%	55.36%	56.15%	55.83%
EBIT Margin (%)	39.81%	42.29%	43.44%	44.31%	45.72%	42.59%	43.97%	43.5%
EBT Margin (%)	31.05%	34.32%	35.25%	36.6%	38.16%	33.97%	36.28%	36.64%
Net margin (%)	29.28%	32.85%	33.94%	35.95%	37.79%	33.56%	35.57%	35.76%
FCF margin (%)	43.87%	36.28%	36.65%	33.03%	7.95%	23.34%	30.92%	33.39%
FCF / Net Income (%)	149.83%	110.43%	107.99%	91.89%	21.03%	69.54%	86.94%	93.37%
Profitability
ROA	8.16%	10.72%	10.61%	11.59%	12.2%	10.8%	11.5%	12.6%
ROE	23.89%	27.15%	29.75%	32.96%	35.24%	31.19%	35.48%	38.51%
Financial Health
Leverage (Debt/EBITDA)	3.34x	3.39x	3.09x	2.87x	3.35x	3.48x	3.3x	3.24x
Debt / Free cash flow	4.22x	4.64x	4.69x	4.93x	22.76x	8.26x	5.99x	5.43x
Capital Intensity
CAPEX / Current Assets (%)	5.94%	6.94%	8.31%	8.85%	13.91%	23.06%	14.55%	12.33%
CAPEX / EBITDA (%)	10.72%	13.96%	14.95%	15.61%	25.77%	41.66%	25.9%	22.08%
CAPEX / FCF (%)	13.55%	19.13%	22.66%	26.79%	175.02%	98.82%	47.04%	36.91%
Items per share
Cash flow per share ¹	4.782	4.969	5.386	5.847	5.799	6.243	6.448	-
Change	-	3.92%	8.39%	8.55%	-0.82%	7.66%	3.28%	-
Dividend per Share ¹	3.36	2.96	3.25	3.613	4.066	4.549	5.133	5.575
Change	-	-11.9%	9.8%	11.17%	12.54%	11.88%	12.83%	8.62%
Book Value Per Share ¹	11.5	12.31	12.66	13.35	14.09	13.77	14.32	14.16
Change	-	7.06%	2.86%	5.4%	5.56%	-2.27%	4%	-1.09%
EPS ¹	2.86	3.75	3.8	4.21	4.82	4.277	4.827	5.156
Change	-	31.12%	1.33%	10.79%	14.49%	-11.27%	12.86%	6.83%
Nbr of stocks (in thousands)	10,19,864	10,03,243	10,01,217	10,18,812	10,17,065	10,13,858	10,13,858	10,13,858
Announcement Date	02/02/22	31/01/23	30/01/24	04/02/25	03/02/26	-	-	-