Discontinued — last reported Q3 '24
Business Segments · Revenue
Gathering and Processing — Revenue
MPLX Gathering and Processing — Revenue increased by 6.1% to $1.36B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.6%, from $1.32B to $1.36B. Over 2 years (FY 2021 to FY 2023), Gathering and Processing — Revenue shows an upward trend with a 5.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2024
Rolls up toTotal Revenue
How to read this metric
Higher revenues generally indicate increased throughput volumes or favorable pricing under service contracts.
Detailed definition
The total gross revenue generated by the Gathering and Processing segment from its core activities, including gathering,...
Peer comparison
Standard top-line metric for all midstream gathering and processing segments.
Metric ID:
mplx_segment_g_p_revenuesHistorical Data
14 periods
| 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 | $1.04B | $1.21B | $1.38B | $1.27B | $1.52B | $1.95B | $1.20B | $1.25B | $1.19B | $1.32B | $1.39B | $1.29B | $1.28B | $1.36B |
| QoQ Change | — | +17.1% | +13.8% | -7.8% | +19.4% | +28.4% | -38.4% | +4.3% | -4.9% | +10.8% | +5.4% | -7.3% | -1.0% | +6.1% |
| YoY Change | — | — | — | — | +46.7% | +60.8% | -13.0% | -1.6% | -21.6% | -32.3% | +15.9% | +3.0% | +7.1% | +2.6% |
Range$1.04B – $1.95B
CAGR+8.6%
Avg YoY Growth+6.8%
Median YoY Growth+2.8%
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Frequently Asked Questions
- What is MPLX's gathering and processing — revenue?
- MPLX (MPLX) reported gathering and processing — revenue of $1.36B in Q3 2024.
- How has MPLX's gathering and processing — revenue changed year-over-year?
- MPLX's gathering and processing — revenue increased by 2.6% year-over-year, from $1.32B to $1.36B.
- What is the long-term trend for MPLX's gathering and processing — revenue?
- Over 2 years (2021 to 2023), MPLX's gathering and processing — revenue has grown at a 5.1% compound annual growth rate (CAGR), from $4.67B to $5.16B.
- What does gathering and processing — revenue mean?
- Total sales generated by the gathering and processing business segment.