Discontinued — last reported Q3 '24
Gathering and Processing — Equity Method Income
MPLX Gathering and Processing — Equity Method Income increased by 6.2% to $69.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $64.00M to $69.00M. Over 2 years (FY 2021 to FY 2023), Gathering and Processing — Equity Method Income shows an upward trend with a 23.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher income indicates strong operational performance of the joint ventures in which the segment participates.
Detailed definition
The segment's proportionate share of the net earnings or losses generated by unconsolidated affiliates. This income stre...
Peer comparison
Standard metric for evaluating the performance of joint venture portfolios in the energy sector.
mplx_segment_g_p_income_from_equity_method_investmentsHistorical 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 | $31.00M | $51.00M | $52.00M | $47.00M | $52.00M | $53.00M | $57.00M | $63.00M | $63.00M | $64.00M | $65.00M | $68.00M | $65.00M | $69.00M |
| QoQ Change | — | +64.5% | +2.0% | -9.6% | +10.6% | +1.9% | +7.5% | +10.5% | +0.0% | +1.6% | +1.6% | +4.6% | -4.4% | +6.2% |
| YoY Change | — | — | — | — | +67.7% | +3.9% | +9.6% | +34.0% | +21.2% | +20.8% | +14.0% | +7.9% | +3.2% | +7.8% |
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Frequently Asked Questions
- What is MPLX's gathering and processing — equity method income?
- MPLX (MPLX) reported gathering and processing — equity method income of $69.00M in Q3 2024.
- How has MPLX's gathering and processing — equity method income changed year-over-year?
- MPLX's gathering and processing — equity method income increased by 7.8% year-over-year, from $64.00M to $69.00M.
- What is the long-term trend for MPLX's gathering and processing — equity method income?
- Over 2 years (2021 to 2023), MPLX's gathering and processing — equity method income has grown at a 23.2% compound annual growth rate (CAGR), from $168.00M to $255.00M.
- What does gathering and processing — equity method income mean?
- The segment's share of profits from companies it partially owns.