Discontinued — last reported Q3 '24

Business Segments · Gross PP&E

Gathering and Processing — Gross PP&E

MPLX Gathering and Processing — Gross PP&E increased by 1.0% to $15.09B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $13.84B to $15.09B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2024

How to read this metric

An increase indicates ongoing capital expansion and investment in new infrastructure, while a decrease suggests asset divestitures or retirements.

Detailed definition

This metric represents the total historical cost of all physical assets held by the Gathering and Processing segment bef...

Peer comparison

Comparable to gross property, plant, and equipment figures reported by peers in the midstream gathering and processing sector.

Metric ID: mplx_segment_g_p_gross_pp_e

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$14.09B$14.12B$14.18B$14.25B$13.50B$13.61B$13.71B$13.84B$14.61B$14.85B$14.94B$15.09B
QoQ Change+0.2%+0.4%+0.6%-5.3%+0.8%+0.8%+1.0%+5.5%+1.7%+0.6%+1.0%
YoY Change-4.8%-4.5%+8.2%+9.1%+8.9%+9.0%
Range$13.50B$15.09B
CAGR+2.5%
Avg YoY Growth+4.3%
Median YoY Growth+8.6%
Current Streak7 quarters growth

Frequently Asked Questions

What is MPLX's gathering and processing — gross pp&e?
MPLX (MPLX) reported gathering and processing — gross pp&e of $15.09B in Q3 2024.
How has MPLX's gathering and processing — gross pp&e changed year-over-year?
MPLX's gathering and processing — gross pp&e increased by 9.0% year-over-year, from $13.84B to $15.09B.
What does gathering and processing — gross pp&e mean?
The total original cost of all physical infrastructure assets owned by the Gathering and Processing segment.