Business Segments · Gross PP&E

Midstream — Gross PP&E

Marathon Petroleum Midstream — Gross PP&E increased by 2.0% to $34.06B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $30.70B to $34.06B. Over 3 years (FY 2022 to FY 2025), Midstream — Gross PP&E shows an upward trend with a 5.1% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025
Rolls up toPP&E (Net)

How to read this metric

An increase indicates significant capital investment in new infrastructure or acquisitions, while a decrease may suggest asset divestitures or retirements.

Detailed definition

Represents the total historical cost of all physical assets, such as pipelines, storage tanks, and processing facilities...

Peer comparison

Commonly reported by energy infrastructure companies as Gross Property, Plant, and Equipment for specific business segments.

Metric ID: mpc_segment_midstream_gross_pp_e

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$28.10B$28.25B$28.33B$27.46B$27.66B$27.84B$28.04B$28.70B$29.62B$29.95B$30.14B$30.39B$30.70B$30.99B$31.29B$33.40B$34.06B
QoQ Change+0.6%+0.3%-3.0%+0.7%+0.7%+0.7%+2.3%+3.2%+1.1%+0.6%+0.8%+1.0%+1.0%+1.0%+6.7%+2.0%
YoY Change-1.6%-1.5%-1.0%+4.5%+7.1%+7.6%+7.5%+5.9%+3.6%+3.5%+3.8%+9.9%+10.9%
Range$27.46B$34.06B
CAGR+4.9%
Avg YoY Growth+4.6%
Median YoY Growth+4.5%
Current Streak13 quarters growth

Frequently Asked Questions

What is Marathon Petroleum's midstream — gross pp&e?
Marathon Petroleum (MPC) reported midstream — gross pp&e of $34.06B in Q4 2025.
How has Marathon Petroleum's midstream — gross pp&e changed year-over-year?
Marathon Petroleum's midstream — gross pp&e increased by 10.9% year-over-year, from $30.70B to $34.06B.
What is the long-term trend for Marathon Petroleum's midstream — gross pp&e?
Over 3 years (2022 to 2025), Marathon Petroleum's midstream — gross pp&e has grown at a 5.1% compound annual growth rate (CAGR), from $111.70B to $129.74B.
What does midstream — gross pp&e mean?
The total original cost of all physical infrastructure assets in the midstream segment.