Discontinued — last reported Q1 '23

Business Segments · Other Operating Income

Gathering and Processing — Other Operating Income

MPLX Gathering and Processing — Other Operating Income increased by 220.0% to $16.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 900.0%, from -$2.00M to $16.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2023May 2, 2023

How to read this metric

An increase suggests successful monetization of ancillary assets or one-time operational gains, while a decrease may indicate a reduction in secondary service demand or non-recurring items.

Detailed definition

This metric represents non-core revenue streams generated within the Gathering and Processing segment that are not deriv...

Peer comparison

Peers in the midstream sector often report similar items under 'other operating income' or 'miscellaneous revenue,' though the composition varies significantly based on specific service offerings.

Metric ID: mplx_segment_g_p_other_operating_income

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23
Value$14.00M$10.00M$32.00M-$2.00M$11.00M$525.00M$5.00M$16.00M
QoQ Change-28.6%+220.0%-106.3%+650.0%>999%-99.0%+220.0%
YoY Change-21.4%>999%-84.4%+900.0%
Range-$2.00M$525.00M
CAGR+7.9%
Avg YoY Growth>999%
Median YoY Growth+439.3%

Frequently Asked Questions

What is MPLX's gathering and processing — other operating income?
MPLX (MPLX) reported gathering and processing — other operating income of $16.00M in Q1 2023.
How has MPLX's gathering and processing — other operating income changed year-over-year?
MPLX's gathering and processing — other operating income increased by 900.0% year-over-year, from -$2.00M to $16.00M.
What does gathering and processing — other operating income mean?
Revenue earned by the Gathering and Processing segment from secondary or miscellaneous operational activities outside of core throughput services.