April 30, 2018 / 11:08 AM / 23 days ago

BRIEF-MPLX Qtrly Distribution Increase To $0.6175 Per Common Unit, 14 Pct Increase Over Q1 Of 2017

April 30 (Reuters) - MPLX LP:

* REPORTS RECORD FIRST-QUARTER 2018 FINANCIAL RESULTS

* QUARTERLY DISTRIBUTION INCREASE TO $0.6175 PER COMMON UNIT, A 14 PERCENT INCREASE OVER Q1 OF 2017

* AFFIRMED 2018 DISTRIBUTION GROWTH GUIDANCE OF 10 PERCENT AND EXECUTION OF SELF-FUNDING PLAN

* QTRLY TOTAL REVENUES AND OTHER INCOME $1,420 MILLION VERSUS $886 MILLION

* Q1 REVENUE VIEW $1.11 BILLION — THOMSON REUTERS I/B/E/S

* QTRLY NET INCOME ATTRIBUTABLE TO MPLX LP PER LIMITED PARTNER UNIT $ 0.61 Source text for Eikon: Further company coverage:

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