MPLX LP filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
$MPLX
Natural Gas Distribution
Energy
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 4, 2025
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(Exact name of registrant as specified in its charter)
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| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip code)
Registrant’s telephone number, including area code: (419 ) 422-2121
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| Item 2.02 | Results of Operations and Financial Condition | ||||
On February 4, 2025, MPLX LP issued a press release announcing its financial results for the quarter and year ended December 31, 2024. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
In the fourth quarter of 2024, MPLX renamed and modified the composition of its segments. As a result, the Logistics and Storage segment was renamed the Crude Oil and Products Logistics segment, and the Gathering and Processing segment was renamed the Natural Gas and NGL Services segment. With this change, certain equity method investments serving natural gas and NGL customers were moved from the Crude Oil and Products Logistics segment to the Natural Gas and NGL Services segment.
The segment realignment has no impact on MPLX’s historical consolidated balance sheet, income statement or cash flows. To provide historical segment information on a basis consistent with its new reporting structure, MPLX has recast certain historical segment information. The recasted segment information can be found under the “Quarterly Investor Packet” tab on the Investors page of the MPLX website at https://www.mplx.com.
Information in this Item 2.02 and Exhibit 99.1 of Item 9.01 below shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act except as otherwise expressly stated in such a filing.
| Item 9.01 | Financial Statements and Exhibits | ||||
(d) Exhibits.
Exhibit Number | Description | |||||||
| Press Release issued by MPLX LP on February 4, 2025 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MPLX LP | |||||||||||
| By: | MPLX GP LLC, its General Partner | ||||||||||
| Date: February 4, 2025 | By: | /s/ C. Kristopher Hagedorn | |||||||||
| Name: C. Kristopher Hagedorn | |||||||||||
| Title: Executive Vice President and Chief Financial Officer | |||||||||||