Business Segments · Investments in unconsolidated affiliates

Natural Gas & NGL Services — Investments in unconsolidated affiliates

MPLX Natural Gas & NGL Services — Investments in unconsolidated affiliates decreased by 3.3% to $237.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 99.2%, from $119.00M to $237.00M. Over 3 years (FY 2022 to FY 2025), Natural Gas & NGL Services — Investments in unconsolidated affiliates shows an upward trend with a 72.8% CAGR.

Analysis

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

How to read this metric

Growth in this metric indicates expansion through partnerships, while declines may reflect divestitures or impairments.

Detailed definition

This represents the carrying value of the segment's equity interests in joint ventures or partnerships that are not full...

Peer comparison

Standard accounting line item for midstream companies that utilize joint ventures to share capital risk.

Metric ID: mplx_segment_natural_gas_and_ngl_services_investments_in_unconsolidated_affiliates

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$38.50M$38.50M$38.50M$38.50M$22.50M$22.50M$22.50M$22.50M$27.00M$35.00M$31.00M$50.00M$119.00M$203.00M$227.00M$245.00M$237.00M
QoQ Change+0.0%+0.0%+0.0%-41.6%+0.0%+0.0%+0.0%+20.0%+29.6%-11.4%+61.3%+138.0%+70.6%+11.8%+7.9%-3.3%
YoY Change-41.6%-41.6%-41.6%-41.6%+20.0%+55.6%+37.8%+122.2%+340.7%+480.0%+632.3%+390.0%+99.2%
Range$22.50M$245.00M
CAGR+57.5%
Avg YoY Growth+154.7%
Median YoY Growth+55.6%

Frequently Asked Questions

What is MPLX's natural gas & ngl services — investments in unconsolidated affiliates?
MPLX (MPLX) reported natural gas & ngl services — investments in unconsolidated affiliates of $237.00M in Q1 2026.
How has MPLX's natural gas & ngl services — investments in unconsolidated affiliates changed year-over-year?
MPLX's natural gas & ngl services — investments in unconsolidated affiliates increased by 99.2% year-over-year, from $119.00M to $237.00M.
What is the long-term trend for MPLX's natural gas & ngl services — investments in unconsolidated affiliates?
Over 3 years (2022 to 2025), MPLX's natural gas & ngl services — investments in unconsolidated affiliates has grown at a 72.8% compound annual growth rate (CAGR), from $154.00M to $794.00M.
What does natural gas & ngl services — investments in unconsolidated affiliates mean?
The value of the segment's ownership stakes in joint ventures or non-controlled energy infrastructure projects.