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MPLX NEWS RELEASE MPLX LP Reports First - Quarter 2021 Financial Results Reported net income attributable to MPLX of $ 739 million and adjusted EBITDA attributable to MPLX of $ 1.4 billion Generated $ 1.1 billion in net cash provided by operating activities and continued progress on reductions in capital spending and operating expenses Returned over $ 900 million in capital to unitholders through distributions and unit repurchases FINDLAY , Ohio , May 4 , 2021 - MPLX LP ( NYSE : MPLX ) today reported first - quarter 2021 net income attributable to MPLX of $ 739 million , compared to a net loss attributable to MPLX of $ 2.7 billion for the first quarter of 2020. The results for the first quarter of 2020 include non - cash impairment charges of $ 3.4 billion . Adjusted earnings before interest , taxes , depreciation , and amortization ( EBITDA ) attributable to MPLX was $ 1.4 billion , compared with $ 1.3 billion in the first quarter of 2020 . The Logistics and Storage ( L & S ) segment income from operations was $ 723 million for the first quarter of 2021 , compared with $ 723 million for the first quarter of 2020. Segment adjusted EBITDA for the first quarter of 2021 was $ 896 million compared with $ 872 million for the first quarter of 2020 . The Gathering and Processing ( G & P ) segment income from operations was $ 251 million for the first quarter of 2021 , compared with a loss of $ 3.2 billion for the first quarter of 2020. Segment adjusted EBITDA for the first quarter of 2021 was $ 456 million , compared with $ 422 million for the first quarter of 2020 . During the quarter , MPLX generated $ 1.1 billion in net cash provided by operating activities and $ 1.1 billion of distributable cash flow . Distribution coverage was 1.56x for the first quarter of 2021 . MPLX also maintained its distribution level in the first quarter of 2021 at $ 0.6875 per common unit . " This quarter our operating results enabled the return of over $ 900 million to our unitholders , " said Michael J. Hennigan , MPLX chairman , president and chief executive officer . " Looking forward , we are focused on the aspects of the business within our control . We believe our commitment to lowering our cost structure , driving business efficiencies , and disciplined capital investment on high return projects will allow our business to continue to generate excess cash flow and return incremental capital to unitholders . "