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.
High spending may signal growth initiatives, while low spending may indicate a focus on cash preservation or a mature asset base.
This reflects the cash outflows for the acquisition, construction, or improvement of physical assets within the Natural...
Comparable to growth and maintenance capital spending reported by peer midstream gathering and processing operators.
mplx_segment_natural_gas_and_ngl_services_capital_expenditures| 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 | Q1 '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% |