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MPLX's Q2 earnings narrowly beat Street expectations

MPLX LP on Aug. 1 reported second-quarter adjusted EBITDA of $920.0 million, up from $867.0 million in the prior-year period.

The S&P Global Market Intelligence consensus adjusted EBITDA estimate was $919.7 million.

The Ohio-based midstream partnership's distributable cash flow in the second quarter was $741.0 million, up from $695.0 million in the prior-year period.

MPLX reported net income of $482.0 million, up from $453.0 million a year earlier.