Business Segments · CapEx

Natural Gas & NGL Services — CapEx

MPLX Natural Gas & NGL Services — CapEx decreased by 7.4% to $561.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 266.7%, from $153.00M to $561.00M. Over 3 years (FY 2022 to FY 2025), Natural Gas & NGL Services — CapEx shows an upward trend with a 39.0% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

High spending may signal growth initiatives, while low spending may indicate a focus on cash preservation or a mature asset base.

Detailed definition

This reflects the cash outflows for the acquisition, construction, or improvement of physical assets within the Natural...

Peer comparison

Comparable to growth and maintenance capital spending reported by peer midstream gathering and processing operators.

Metric ID: mplx_segment_natural_gas_and_ngl_services_capital_expenditures

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$132.00M$132.00M$132.00M$132.00M$151.25M$151.25M$151.25M$151.25M$126.00M$106.00M$189.00M$147.00M$153.00M$212.00M$447.00M$606.00M$561.00M
QoQ Change+0.0%+0.0%+0.0%+14.6%+0.0%+0.0%+0.0%-16.7%-15.9%+78.3%-22.2%+4.1%+38.6%+110.8%+35.6%-7.4%
YoY Change+14.6%+14.6%+14.6%+14.6%-16.7%-29.9%+25.0%-2.8%+21.4%+100.0%+136.5%+312.2%+266.7%
Range$106.00M$606.00M
CAGR+43.6%
Avg YoY Growth+67.0%
Median YoY Growth+14.6%

Frequently Asked Questions

What is MPLX's natural gas & ngl services — capex?
MPLX (MPLX) reported natural gas & ngl services — capex of $561.00M in Q1 2026.
How has MPLX's natural gas & ngl services — capex changed year-over-year?
MPLX's natural gas & ngl services — capex increased by 266.7% year-over-year, from $153.00M to $561.00M.
What is the long-term trend for MPLX's natural gas & ngl services — capex?
Over 3 years (2022 to 2025), MPLX's natural gas & ngl services — capex has grown at a 39.0% compound annual growth rate (CAGR), from $528.00M to $1.42B.
What does natural gas & ngl services — capex mean?
The total investment in physical infrastructure and equipment for the Natural Gas and NGL segment.