Marathon Petroleum Midstream — Capital Expenditures And Investments increased by 6.5% to $979.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 158.3%, from $379.00M to $979.00M. Over 4 years (FY 2021 to FY 2025), Midstream — Capital Expenditures And Investments shows an upward trend with a 42.0% CAGR.
High levels signal growth and expansion, while low levels may indicate a focus on maintenance or cash preservation.
Cash outflows used to acquire, upgrade, or maintain midstream physical assets, as well as investments in joint ventures....
Comparable to 'Capital Expenditures' or 'Growth CapEx' at peer energy infrastructure firms.
mpc_segment_midstream_capital_expenditures_and_investments| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $178.00M | $190.00M | $225.00M | $283.00M | $222.00M | $267.00M | $297.00M | $241.00M | $273.00M | $234.00M | $357.00M | $327.00M | $241.00M | $557.00M | $379.00M | $386.00M | $691.00M | $919.00M | $979.00M |
| QoQ Change | — | +6.7% | +18.4% | +25.8% | -21.6% | +20.3% | +11.2% | -18.9% | +13.3% | -14.3% | +52.6% | -8.4% | -26.3% | +131.1% | -32.0% | +1.8% | +79.0% | +33.0% | +6.5% |
| YoY Change | — | — | — | — | +24.7% | +40.5% | +32.0% | -14.8% | +23.0% | -12.4% | +20.2% | +35.7% | -11.7% | +138.0% | +6.2% | +18.0% | +186.7% | +65.0% | +158.3% |