Q1: 2026-05-05 Earnings Summary
EPS of $0.90 misses by $0.18
|
Revenue of
$3.04B
(-2.75% Y/Y)
misses by $55.08M
MPLX LP Common Units (MPLX) Q1 2026 Earnings Call May 5, 2026 9:30 AM EDT
Company Participants
Kristina Kazarian - Vice President of Finance & Investor Relations - MPLX GP LLC
Maryann Mannen - President, CEO & Chairman of the Board of MPLX GP LLC
Carl Hagedorn - Executive VP, CFO & Director of MPLX GP LLC
Shawn Lyon - Senior Vice President of Logistics & Storage - MPLX GP LLC
Gregory Floerke - Executive VP & COO of MPLX GP LLC
David Heppner - Senior Vice President of MPLX GP LLC
Conference Call Participants
John Mackay - Goldman Sachs Group, Inc., Research Division
Burke Sansiviero - Wolfe Research, LLC
Manav Gupta - UBS Investment Bank, Research Division
Presentation
Operator
Welcome to the MPLX First Quarter 2026 Earnings Call. My name is Julie, and I will be your operator for today's call. [Operator Instructions] Please note that this conference is being recorded. I will now turn the call over to Kristina Kazarian. Kristina, you may begin.
Kristina Kazarian
Vice President of Finance & Investor Relations - MPLX GP LLC
Welcome to MPLX's First Quarter 2026 Earnings Conference Call. The slides that accompany this call can be found on our website at mplx.com under the Investor tab.
Joining me on the call today are Maryann Mannen, President and CEO; Chris Hagedorn, CFO; and other members of the executive team. We invite you to read the safe harbor statements on Slide 2. We will be making forward-looking statements today. Actual results may differ. Factors that could cause actual results to differ are included there as well as in our filings with the SEC. With that, I will turn the call over to Maryann.
Maryann Mannen
President, CEO & Chairman of the Board of MPLX GP LLC
Thanks, Kristina. Good morning, and thank you for joining our call. MPLX delivered over $1.7 billion
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