MPLX Q1 Profit Rises

(RTTNews) - MPLX LP (MPLX) reported that its first quarter limited partners' interest in net income attributable to the company rose to $915 million or $0.91 per unit from $793 million or $$0.78 per unit in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.83 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues and other income for the quarter rose to $2.71 billion from $2.61 billion in the prior year. Analysts expected revenue of $2.61 billion for the quarter.

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