MPLX LP | North America 2Q 2026 Earnings Recap AlphaSignals Earnings Reaction Unchanged In-line Largely unchanged Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research August 4, 2026 02:21 PM GMT Key Takeaways Adjusted EBITDA: $1.775bn (cons: $1.754bn / MS: $1.780bn), +1% above consensus. Modest 2Q26 beat. Adjusted EBITDA of $1.775bn grew +5% y/y, slightly above consensus. Crude Oil and Products Logistics segment EBITDA ...