Business Segments · Rental income
Natural Gas & NGL Services — Rental income
MPLX Natural Gas & NGL Services — Rental income increased by 1.8% to $58.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.6%, from $56.00M to $58.00M. Over 3 years (FY 2022 to FY 2025), Natural Gas & NGL Services — Rental income shows a downward trend with a -7.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
Higher income indicates better asset utilization and demand for leased midstream capacity.
Detailed definition
This represents revenue generated from leasing specific assets, such as storage tanks or pipeline capacity, to third par...
Peer comparison
Common for midstream companies with excess storage or pipeline capacity available for third-party lease.
Metric ID:
mplx_segment_natural_gas_and_ngl_services_rental_incomeHistorical Data
17 periods
| 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 | $71.75M | $71.75M | $71.75M | $71.75M | $52.00M | $52.00M | $52.00M | $52.00M | $53.00M | $56.00M | $56.00M | $57.00M | $56.00M | $56.00M | $57.00M | $57.00M | $58.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -27.5% | +0.0% | +0.0% | +0.0% | +1.9% | +5.7% | +0.0% | +1.8% | -1.8% | +0.0% | +1.8% | +0.0% | +1.8% |
| YoY Change | — | — | — | — | -27.5% | -27.5% | -27.5% | -27.5% | +1.9% | +7.7% | +7.7% | +9.6% | +5.7% | +0.0% | +1.8% | +0.0% | +3.6% |
Range$52.00M – $71.75M
CAGR-5.2%
Avg YoY Growth-5.6%
Median YoY Growth+1.8%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is MPLX's natural gas & ngl services — rental income?
- MPLX (MPLX) reported natural gas & ngl services — rental income of $58.00M in Q1 2026.
- How has MPLX's natural gas & ngl services — rental income changed year-over-year?
- MPLX's natural gas & ngl services — rental income increased by 3.6% year-over-year, from $56.00M to $58.00M.
- What is the long-term trend for MPLX's natural gas & ngl services — rental income?
- Over 3 years (2022 to 2025), MPLX's natural gas & ngl services — rental income has grown at a -7.7% compound annual growth rate (CAGR), from $287.00M to $226.00M.
- What does natural gas & ngl services — rental income mean?
- Income earned from renting out infrastructure assets within the Natural Gas and NGL services segment.