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MPLX MPLX Payments to Acquire Interest in Joint Venture

Payments to Acquire Interest in Joint Venture at other companies

Valero Energy logo
Valero EnergyVLO
$0-100%
Antero Midstream Corporation logo
Antero Midstream CorporationAM
Marathon Petroleum logo
Marathon PetroleumMPC

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$57.06B+8.8%
Enterprise value$55.82B+11.2%
P/E12×+0.3×
P/S4.4×+0.1×

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:PaymentsToAcquireInterestInJointVenture.

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 payments to acquire interest in joint venture?
MPLX (MPLX) reported payments to acquire interest in joint venture of $238M in Q1 2026.
How has MPLX's payments to acquire interest in joint venture changed year-over-year?
MPLX's payments to acquire interest in joint venture increased by 100.0% year-over-year, from $119M to $238M.
What is the long-term trend for MPLX's payments to acquire interest in joint venture?
Over 2 years (2022 to 2025), MPLX's payments to acquire interest in joint venture has grown at a 115.5% compound annual growth rate (CAGR), from $217M to $1.01B.
What does payments to acquire interest in joint venture mean?
Represents cash outflows dedicated to purchasing equity stakes or ownership interests in joint ventures. These investments are typically made to share operational risk or gain access to specific infrastructure projects.