Business Segments · Gross Intangibles
Natural Gas & NGL Services — Gross Intangibles
MPLX Natural Gas & NGL Services — Gross Intangibles increased by 59.6% to $2.18B in Q4 2025 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025
Rolls up toGross Carrying Amount
How to read this metric
An increase indicates significant recent acquisitions or investments in intangible assets, while a decrease suggests asset disposals or write-offs.
Detailed definition
This represents the total historical cost of all identifiable intangible assets associated with the Natural Gas and NGL...
Peer comparison
Peers in midstream energy often report this as part of their intangible asset schedule, though classification varies by acquisition history.
Metric ID:
mplx_segment_natural_gas_ngl_services_gross_intangiblesHistorical Data
3 periods
| Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|
| Value | $1.37B | $1.36B | $2.18B |
| QoQ Change | — | -0.1% | +59.6% |
| YoY Change | — | -0.1% | +59.6% |
Range$1.36B – $2.18B
Avg YoY Growth+29.7%
Median YoY Growth+29.7%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is MPLX's natural gas & ngl services — gross intangibles?
- MPLX (MPLX) reported natural gas & ngl services — gross intangibles of $2.18B in Q4 2025.
- What does natural gas & ngl services — gross intangibles mean?
- The total original cost of all intangible assets held by the Natural Gas and NGL Services segment.