MPLX Natural Gas & NGL Services — D&A decreased by 0.5% to $215.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $193.00M to $215.00M. Over 3 years (FY 2022 to FY 2025), Natural Gas & NGL Services — D&A shows an upward trend with a 4.0% CAGR.
Increasing depreciation often correlates with a larger or newer asset base, while stable depreciation suggests a mature asset portfolio.
This is the non-cash charge allocated to the Natural Gas and NGL segment to account for the gradual wear and tear of its...
Consistent with standard accounting practices for capital-intensive midstream infrastructure assets.
mplx_segment_natural_gas_and_ngl_services_depreciation_and_amortization| 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 | $178.75M | $178.75M | $178.75M | $178.75M | $170.75M | $170.75M | $170.75M | $170.75M | $187.00M | $189.00M | $190.00M | $191.00M | $193.00M | $189.00M | $207.00M | $216.00M | $215.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -4.5% | +0.0% | +0.0% | +0.0% | +9.5% | +1.1% | +0.5% | +0.5% | +1.0% | -2.1% | +9.5% | +4.3% | -0.5% |
| YoY Change | — | — | — | — | -4.5% | -4.5% | -4.5% | -4.5% | +9.5% | +10.7% | +11.3% | +11.9% | +3.2% | +0.0% | +8.9% | +13.1% | +11.4% |