Mplx lp reports fourth-quarter and full-year 2023 financial results

Findlay, ohio , jan. 30, 2024 /prnewswire/ -- fourth-quarter net income attributable to mplx of $1.1 billion and adjusted ebitda of $1.6 billion full-year 2023 net income attributable to mplx of $3.9 billion and adjusted ebitda of $6.3 billion full-year 2023 net cash provided by operating activities of $5.4 billion and distributable cash flow of $5.3 billion returned $3.3 billion of capital to unitholders for the full year, reflecting 10% quarterly distribution increase for second consecutive year advancing permian growth strategy with acquisition of partner's interest in g&p joint venture 2024 capital spending outlook of $1.1 billion mplx lp (nyse: mplx) today reported fourth-quarter 2023 net income attributable to mplx of $1,134 million, compared with $816 million for the fourth quarter of 2022. fourth-quarter 2023 net income includes a $92 million non-cash gain arising from the acquisition of the remaining interest of a permian basin joint venture.
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