Discontinued — last reported Q3 '24
Gathering and Processing — D&A
MPLX Gathering and Processing — D&A increased by 0.5% to $190M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $171M to $190M. Over 2 years (FY 2021 to FY 2023), Gathering and Processing — D&A shows relatively stable performance with a -4.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests a larger asset base or shorter useful life estimates, while a decrease may indicate aging assets or reduced capital investment.
Detailed definition
This represents the non-cash expense allocated to the Gathering and Processing segment to account for the wear and tear...
Peer comparison
Comparable to depreciation and amortization expenses reported by other midstream energy companies with significant gathering and processing infrastructure.
mplx_segment_g_p_depreciation_and_amortizationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $182M | $193M | $184M | $183M | $181M | $174M | $177M | $167M | $170M | $171M | $175M | $187M | $189M | $190M |
| QoQ Change | — | +6.0% | -4.7% | -0.5% | -1.1% | -3.9% | +1.7% | -5.6% | +1.8% | +0.6% | +2.3% | +6.9% | +1.1% | +0.5% |
| YoY Change | — | — | — | — | -0.5% | -9.8% | -3.8% | -8.7% | -6.1% | -1.7% | -1.1% | +12.0% | +11.2% | +11.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is MPLX's gathering and processing — d&a?
- MPLX (MPLX) reported gathering and processing — d&a of $190M in Q3 2024.
- How has MPLX's gathering and processing — d&a changed year-over-year?
- MPLX's gathering and processing — d&a increased by 11.1% year-over-year, from $171M to $190M.
- What is the long-term trend for MPLX's gathering and processing — d&a?
- Over 2 years (2021 to 2023), MPLX's gathering and processing — d&a has grown at a -4.0% compound annual growth rate (CAGR), from $741M to $683M.
- What does gathering and processing — d&a mean?
- The annual non-cash cost representing the aging and usage of the Gathering and Processing segment's physical assets.