Discontinued — last reported Q4 '23
Business Segments · Gross Intangibles
Gathering and Processing — Gross Intangibles
MPLX Gathering and Processing — Gross Intangibles increased by 6.0% to $1.37B in Q4 2023 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ4 2023
Rolls up toGross Carrying Amount
How to read this metric
An increase suggests investment in long-term contractual rights or market access, while a decrease may reflect asset expiration or divestment.
Detailed definition
The total historical cost of intangible assets, such as customer contracts or permits, held by the Gathering and Process...
Peer comparison
Standard metric for assessing the scale of intangible assets in infrastructure-heavy businesses.
Metric ID:
mplx_segment_gathering_and_processing_gross_intangiblesHistorical Data
4 periods
| Q2 '21 | Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|---|
| Value | $1.29B | $1.29B | $1.29B | $1.37B |
| QoQ Change | — | +0.0% | +0.0% | +6.0% |
| YoY Change | — | — | +0.0% | +6.0% |
Range$1.29B – $1.37B
Avg YoY Growth+3.0%
Median YoY Growth+3.0%
Current Streak3+ quarters growth
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Frequently Asked Questions
- What is MPLX's gathering and processing — gross intangibles?
- MPLX (MPLX) reported gathering and processing — gross intangibles of $1.37B in Q4 2023.
- What does gathering and processing — gross intangibles mean?
- The total original cost of all intangible assets owned by the segment.