Business Segments · Gross PP&E
Midstream — Gross PP&E
Marathon Petroleum Midstream — Gross PP&E increased by 1.8% to $34.67B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from $30.99B to $34.67B. 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 reportedQ1 2026May 5, 2026
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_eHistorical Data
18 periods
| Q4 '21 | 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 | $28.1B | $28.25B | $28.33B | $27.46B | $27.66B | $27.84B | $28.04B | $28.7B | $29.62B | $29.95B | $30.14B | $30.39B | $30.7B | $30.99B | $31.29B | $33.4B | $34.06B | $34.67B |
| 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% | +1.8% |
| 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% | +11.9% |
Range$27.46B – $34.67B
CAGR+5.1%
Avg YoY Growth+5.2%
Median YoY Growth+5.2%
Current Streak14 quarters growth
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Frequently Asked Questions
- What is Marathon Petroleum's midstream — gross pp&e?
- Marathon Petroleum (MPC) reported midstream — gross pp&e of $34.67B in Q1 2026.
- How has Marathon Petroleum's midstream — gross pp&e changed year-over-year?
- Marathon Petroleum's midstream — gross pp&e increased by 11.9% year-over-year, from $30.99B to $34.67B.
- 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 $111.7B to $129.74B.
- What does midstream — gross pp&e mean?
- The total original cost of all physical infrastructure assets in the midstream segment.