Discontinued — last reported Q3 '24
Business Segments · Property, plant and equipment, net
G&P — Property, plant and equipment, net
MPLX G&P — Property, plant and equipment, net decreased by 0.0% to $10.54B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 6.4%, from $9.91B to $10.54B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2024
Rolls up toProperty, plant and equipment, net
How to read this metric
An increase generally reflects net capital investment and growth, while a decrease may signal that depreciation is outpacing new capital expenditures.
Detailed definition
This represents the current book value of the Gathering and Processing segment's physical assets, calculated as gross PP...
Peer comparison
Comparable to net property, plant, and equipment reported by midstream peers with similar gathering and processing operations.
Metric ID:
mplx_segment_g_p_property_plant_and_equipment_netHistorical Data
13 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.97B | $10.90B | $10.82B | $10.75B | $9.99B | $9.99B | $9.96B | $9.92B | $9.91B | $10.52B | $10.62B | $10.54B | $10.54B |
| QoQ Change | — | -0.7% | -0.7% | -0.7% | -7.0% | -0.1% | -0.3% | -0.4% | -0.1% | +6.2% | +0.9% | -0.7% | -0.0% |
| YoY Change | — | — | — | — | -8.9% | -8.4% | -8.0% | -7.7% | -0.9% | +5.4% | +6.6% | +6.3% | +6.4% |
Range$9.91B – $10.97B
CAGR-1.3%
Avg YoY Growth-1.0%
Median YoY Growth-0.9%
Current Streak2 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is MPLX's g&p — property, plant and equipment, net?
- MPLX (MPLX) reported g&p — property, plant and equipment, net of $10.54B in Q3 2024.
- How has MPLX's g&p — property, plant and equipment, net changed year-over-year?
- MPLX's g&p — property, plant and equipment, net increased by 6.4% year-over-year, from $9.91B to $10.54B.
- What does g&p — property, plant and equipment, net mean?
- The current net book value of the Gathering and Processing segment's physical infrastructure after accounting for wear and tear.