Discontinued — last reported Q3 '21
Business Segments · Property, plant and equipment, gross
Midstream — Property, plant and equipment, gross
Marathon Petroleum Midstream — Property, plant and equipment, gross increased by 0.4% to $27.95B in Q3 2021 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ3 2021
Rolls up toProperty, plant and equipment at cost
How to read this metric
An increase indicates significant capital investment in new infrastructure or acquisitions, while a decrease suggests asset divestitures or the retirement of older facilities.
Detailed definition
This metric represents the total historical cost of all tangible long-lived assets within the midstream segment, includi...
Peer comparison
Peers in the energy midstream sector report similar figures as 'Gross Property, Plant, and Equipment' or 'Gross Fixed Assets' within their segment disclosures.
Metric ID:
mpc_segment_midstream_property_plant_and_equipment_grossHistorical Data
2 periods
| Q2 '21 | Q3 '21 | |
|---|---|---|
| Value | $27.83B | $27.95B |
| QoQ Change | — | +0.4% |
Range$27.83B – $27.95B
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Marathon Petroleum's midstream — property, plant and equipment, gross?
- Marathon Petroleum (MPC) reported midstream — property, plant and equipment, gross of $27.95B in Q3 2021.
- What does midstream — property, plant and equipment, gross mean?
- The total original cost of all physical infrastructure assets owned by the midstream business segment.