MPLX LP Announces Quarterly Distribution via Investing.com

FINDLAY, Ohio, January 22, 2025 /PRNewswire/ — The board of directors of the firm’s general partner MPLX LP (NYSE: NYSE: ) announced its quarterly cash distribution $0.9565 per common unit for the fourth quarter of 2024, or 3826 dollars on an annual basis. Distribution will be paid further February 14, 2025to the common owners of the shares in the records of February 3, 2025.

Qualified tax notice

Concurrently with this announcement, we are providing a qualified notice to brokers and nominees holding MPLX Units on behalf of non-U.S. investors under Treasury Regulations Section 1.1446-4(b) and (d) and Section 1.1446(f)-4(c). Treasury Regulations )(2)(iii). Brokers and nominees should treat one hundred percent (100%) of Partnership distributions to non-U.S. investors as attributable to income effectively connected with United States trade or business. In addition, brokers and nominees should treat one hundred percent (100%) of the distribution as the amount in excess of cumulative net income for purposes of determining the withholding amount. Accordingly, distributions by the Partnership to non-US investors are subject to federal income tax at the highest applicable effective tax rate. Nominees, not MPLX, are treated as withholding agents responsible for withholding on distributions they receive on behalf of non-U.S. investors.

About MPLX LP

MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuel distribution services. MPLX’s assets include refined products network and pipelines; inland maritime operations; terminals for light products; storage caves; refinery tanks, docks, loading racks and associated pipelines; and marine terminals for crude oil and light products. The company also owns crude oil and gathering systems and pipelines, as well as natural gas and natural gas processing and fractionation facilities in key OUR supply pools. More information is available at www.MPLX.com.

Investor Relations Contacts: (419) 421-2071
Kristina Kazarianvice president of finance and investor relations Brian Worthingtonsenior director, investor relations Isaac FeeneyDirector, Investor Relations

Media contact: (419) 421-3577
Jamal Kheiry, Head of Communications