MPLX LP Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013
For the full year, the company reported total revenues and other income was $486.3 million compared to $461.9 million a year ago. Income from operations was $147.0 million compared to $143.2 million a year ago. Income before income taxes was $145.9 million compared to $144.3 million a year ago. Net income attributable to the company was $77.9 million compared to $130.8 million a year ago. Basic and diluted net income attributable to the company per limited partner unit was $1.05 compared to $0.18 a year ago. Net cash provided by operating activities was $212.2 million compared to $190.6 million a year ago. Maintenance capital expenditures paid were $21.7 million compared to $24.5 million a year ago. Adjusted EBITDA attributable to the company was $111.2 million and distributable cash flow attributable to the company was $114.6 million in 2013.