MPLX · NYSE
Consensus is $1.13 EPS for Sep 2026 across 4 estimates, ranging $1.04 to $1.21.
No consensus figures are on file, so the quarter cannot be assessed against an analyst estimate. On the reported figures, total revenues and other income rose to $3.312 billion from $3.003 billion in the year-earlier quarter, while net income attributable to MPLX LP increased to $1.077 billion from $1.048 billion. Income from operations also improved to $1.378 billion from $1.293 billion. The revenue mix was supported by related-party service revenue of $1.144 billion, product sales of $558 million, related-party rental income of $275 million and $180 million from equity method investments. Higher costs limited the earnings conversion: total costs and expenses increased to $1.934 billion from $1.710 billion, including depreciation and amortization of $365 million and purchased product costs of $587 million. Net interest and other financial costs rose to $289 million from $234 million. Six-month net income nevertheless declined to $2.009 billion from $2.194 billion.
No forward guidance was given in the supplied filing material. There are no management ranges for revenue, earnings, EBITDA, distributable cash flow, volumes, capital spending or distributions, and no comparison with a prior guide is available. The filing does provide a year-to-date investment figure: additions to property, plant and equipment were $1.400 billion through June 30, 2026, compared with $568 million in the same period of 2025. That spending level is historical rather than a stated full-year outlook, so the material does not establish management's assumptions for the remainder of 2026 or later periods.
