Business Segments · Equity Method Investments
Natural Gas & NGL Services — Equity Method Investments
MPLX Natural Gas & NGL Services — Equity Method Investments increased by 5.7% to $3.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $3.15B to $3.40B.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026
Rolls up toEquity method investments (Note 11)
How to read this metric
An increase suggests additional investment in joint ventures, while a decrease may indicate distributions or impairment.
Detailed definition
This represents the carrying value of investments in entities where the company exercises significant influence but does...
Peer comparison
Standard accounting line item for companies with significant joint venture participation in pipeline and processing assets.
Metric ID:
mplx_segment_natural_gas_and_ngl_services_equity_method_investmentsHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $2.23B | $2.94B | $3.15B | $3.43B | $3.32B | $3.22B | $3.40B |
| QoQ Change | — | +31.9% | +7.1% | +8.9% | -3.0% | -3.2% | +5.7% |
| YoY Change | — | +31.9% | — | — | — | +9.6% | +8.1% |
Range$2.23B – $3.43B
CAGR+32.6%
Avg YoY Growth+16.5%
Median YoY Growth+9.6%
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Frequently Asked Questions
- What is MPLX's natural gas & ngl services — equity method investments?
- MPLX (MPLX) reported natural gas & ngl services — equity method investments of $3.40B in Q1 2026.
- How has MPLX's natural gas & ngl services — equity method investments changed year-over-year?
- MPLX's natural gas & ngl services — equity method investments increased by 8.1% year-over-year, from $3.15B to $3.40B.
- What does natural gas & ngl services — equity method investments mean?
- The book value of the company's stakes in joint ventures within the Natural Gas and NGL services segment.