MPLX (MPLX) reported G&A of $114M in Q1 2026.

How has MPLX's G&A changed year-over-year?

MPLX's G&A increased by 1.8% year-over-year, from $112M to $114M.

What is the long-term trend for MPLX's G&A?

Over 4 years (2021 to 2025), MPLX's G&A has grown at a 6.0% compound annual growth rate (CAGR), from $353M to $446M.

Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

MPLX MPLX G&A

G&A at other companies

Enterprise Products PartnersEPD

$64M+6.7%

Antero Midstream CorporationAM

$22.35M-2.9%

TRG

Targa ResourcesTRGP

$107.8M+14.1%

NGL Energy PartnersNGL

$26.03M+93.1%

Valero EnergyVLO

$285M+9.2%

Kinder MorganKMI

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Other financials

Income statement

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Revenue$3.0B-2.8%

Operating income$1.2B-11.1%

Net income$922.0M-18.8%

EPS (diluted)$0.90-18.2%

Balance sheet

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Cash & equivalents$1.5B-40.6%

Total debt$267.0M-5.3%

Total assets$42.9B+10.2%

Cash flow

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Operating cash flow$1.3B+8.1%

CapEx$575.0M+115%

Free cash flow$772.0M-21.1%

Valuation

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Market cap$57.16B+10.9%

Enterprise value$55.92B+10.9%

P/E12.1×+0.2×

P/S4.4×+0.2×

Profitability

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Operating margin44.8%+0.6pp

Net margin36.7%0.0pp

FCF margin30.2%-9.4pp

Returns & leverage

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Current ratio1.1×0.0×

Where this comes from

Reported directly by MPLX in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The official record: MPLX’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MPLX's G&A?: MPLX (MPLX) reported G&A of $114M in Q1 2026.
How has MPLX's G&A changed year-over-year?: MPLX's G&A increased by 1.8% year-over-year, from $112M to $114M.
What is the long-term trend for MPLX's G&A?: Over 4 years (2021 to 2025), MPLX's G&A has grown at a 6.0% compound annual growth rate (CAGR), from $353M to $446M.
What does G&A mean?: Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.