India, Nov. 3 -- MPLX LP (MPLX), an oil and gas company, on Tuesday reported lower third-quarter earnings despite higher operating revenue.
The company reported third-quarter net income attributable to MPLX of $1.164 billion, compared with $1.545 billion last year.
On a per-share basis, the net income attributable to MPLX was $1.15, as against $1.52 in the third quarter of 2025.
EBITDA attributable to MPLX for the period increased 5.3 percent, to $1.859 billion.
Total revenue for the quarter declined to $3.605 billion from $3.619 billion in the same period year ago. The decrease in revenue was mainly due to a gain on equity method investments of $484 million in the prior year quarter.
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