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Business Segments · Segment expenses

Midstream — Segment expenses

Marathon Petroleum Midstream — Segment expenses increased by 3.6% to $1.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $1.4B to $1.43B. Over 3 years (FY 2022 to FY 2025), Midstream — Segment expenses shows relatively stable performance with a 0.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026

How to read this metric

Lower expenses relative to revenue indicate improved operational efficiency and cost management.

Detailed definition

The total operating costs incurred to maintain and operate the midstream infrastructure, including labor, maintenance, e...

Peer comparison

Comparable to 'Operating Expenses' or 'Segment Operating Costs' at peer midstream operators.

Metric ID: mpc_segment_midstream_segment_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.36B$1.36B$1.36B$1.36B$1.27B$1.27B$1.27B$1.27B$1.22B$1.29B$1.35B$1.37B$1.4B$1.36B$1.43B$1.38B$1.43B
QoQ Change+0.0%+0.0%+0.0%-6.8%+0.0%+0.0%+0.0%-4.1%+6.2%+4.4%+1.3%+2.5%-2.7%+5.4%-3.6%+3.6%
YoY Change-6.8%-6.8%-6.8%-6.8%-4.1%+1.8%+6.3%+7.6%+15.0%+5.4%+6.4%+1.3%+2.4%
Range$1.22B$1.43B
CAGR+1.3%
Avg YoY Growth+1.2%
Median YoY Growth+1.8%

Frequently Asked Questions

What is Marathon Petroleum's midstream — segment expenses?
Marathon Petroleum (MPC) reported midstream — segment expenses of $1.43B in Q1 2026.
How has Marathon Petroleum's midstream — segment expenses changed year-over-year?
Marathon Petroleum's midstream — segment expenses increased by 2.4% year-over-year, from $1.4B to $1.43B.
What is the long-term trend for Marathon Petroleum's midstream — segment expenses?
Over 3 years (2022 to 2025), Marathon Petroleum's midstream — segment expenses has grown at a 0.8% compound annual growth rate (CAGR), from $5.44B to $5.58B.
What does midstream — segment expenses mean?
The total cost of running the midstream business operations.