Earnings call: MPLX reported a record adjusted EBITDA of $1.7 billion

MPLX shares rise as Q3 revenue grows, distribution increased

MPLX LP's Q3 revenue rose to $2.97 billion with a 12.5% distribution increase despite missing earnings estimates. Adjusted EBITDA grew over 7% year over year.

Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output

The Matterhorn pipeline eases natural gas constraints in Texas, expected to increase U.S. oil production and improve profits for energy producers over the coming years.

Analysis-Trans Mountain oil pipeline expansion pushes rivals to cut rates, for now