Business Segments · Accumulated Depreciation

Natural Gas and NGL Services — Accumulated Depreciation

MPLX Natural Gas and NGL Services — Accumulated Depreciation increased by 3.4% to $5.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $4.86B to $5.18B.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026
Rolls up toPP&E (Net)

How to read this metric

A high ratio of accumulated depreciation to gross PP&E may indicate an aging asset base requiring future maintenance or replacement capital.

Detailed definition

This is the cumulative amount of depreciation and amortization expense recorded against the Natural Gas and NGL segment'...

Peer comparison

Standard accounting metric for evaluating the age and lifecycle of infrastructure assets.

Metric ID: mplx_segment_natural_gas_and_ngl_services_accumulated_depreciation

Historical Data

6 periods
 Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.71B$4.86B$5.02B$4.84B$5.00B$5.18B
QoQ Change+3.2%+3.3%-3.5%+3.3%+3.4%
YoY Change+6.3%+6.5%
Range$4.71B$5.18B
CAGR+7.9%
Avg YoY Growth+6.4%
Median YoY Growth+6.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is MPLX's natural gas and ngl services — accumulated depreciation?
MPLX (MPLX) reported natural gas and ngl services — accumulated depreciation of $5.18B in Q1 2026.
How has MPLX's natural gas and ngl services — accumulated depreciation changed year-over-year?
MPLX's natural gas and ngl services — accumulated depreciation increased by 6.5% year-over-year, from $4.86B to $5.18B.
What does natural gas and ngl services — accumulated depreciation mean?
The total cumulative depreciation taken on the segment's physical assets to date.