#United States #distribution #Cash Flow #Findlay #MPLX LP

MPLX LP Announces Its Quarterly Distribution

MPLX LP, a notable entity in the energy sector, has made headlines with its recent announcement regarding quarterly cash distributions. The Board of Directors of the general partner of MPLX LP, traded on NYSE under the symbol MPLX, has declared a distribution of $0.9565 per common unit for the first quarter of 2025. This equates to an annualized distribution of $3.826.

The cash distribution is set to be paid out on May 16, 2025, to all common unitholders recorded by May 9, 2025. This consistent distribution underscores MPLX’s ongoing strategy to deliver steady returns to its investors amidst the fluctuating economic landscape characterized by volatility in the energy sector.

Tax Considerations for Non-U.S. Investors

In conjunction with this distribution announcement, MPLX has provided important tax-related information for brokers and nominees who handle MPLX units for non-U.S. investors. According to Treasury Regulations, 100% of these distributions are considered income effectively connected to a U.S. trade or business. This means that U.S. withholding tax applies at the highest applicable effective rate on these distributions.

It’s crucial for brokers and nominees to comply with these regulations as they would act as the withholding agents regarding the funds they manage on behalf of non-domestic unitholders. MPLX will not be responsible for withholding tax, placing the onus on those acting on behalf of the investor.

About MPLX LP

MPLX is a diversified master limited partnership specializing in midstream energy infrastructure and logistics. The company’s portfolio features a comprehensive network of assets including pipelines for crude oil and refined products, inland marine operations, light-product terminals, and storage facilities. Particularly noteworthy are MPLX’s capabilities in gathering systems and the transportation of both crude oil and natural gas, as well as NGL processing and fractionation facilities across key basins within the United States.

With a strong operational framework, MPLX is committed to meeting the evolving demands of the energy sector while ensuring a reliable and efficient service for its customers and stakeholders. The company illustrates robust performance even amid economic challenges, showcasing its potential for growth and stability within the midstream sector.

Detailed information about MPLX and its financial offerings can be accessed on their official website at www.MPLX.com. Investors interested in the company’s future prospects are encouraged to monitor upcoming earnings reports and distributions to gauge MPLX's continued health in the market.

For Further Inquiries

For those wishing to dive deeper into MPLX’s financials or wish to clarify any aspects regarding their investments, the company’s investor relations team is readily available:

• - Kristina Kazarian – VP, Finance and Investor Relations
• - Brian Worthington – Senior Director, Investor Relations
• - Isaac Feeney – Director, Investor Relations
• - Evan Heminger – Analyst, Investor Relations

With ongoing corporate communications, MPLX LP remains focused on sustaining investor trust through transparency and consistent performance in a dynamic industry.