HOUSTON, Nov 5 (Reuters) - U.S. midstream company MPLX ( MPLX )
reported stronger year-over-year net income for the
third quarter of 2024 on Tuesday as the company transported
greater volumes of energy products through its pipeline systems.
Its adjusted earnings before interest, taxes, depreciation
and amortization (EBITDA) were $1.7 billion in the period,
compared with $1.6 billion for the same time a year ago.
Adjusted EBITDA in MPLX's ( MPLX ) logistics and storage segment rose
to $1.16 billion, compared with $1.09 billion for the third
quarter of 2023.