Discontinued — last reported Q4 '23
Gathering and Processing — Intangible Amortization
MPLX Gathering and Processing — Intangible Amortization remained flat by 0.0% to $23.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $22.50M to $23.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in this expense often follows significant business acquisitions, while a decrease may indicate that older intangible assets are becoming fully amortized.
Detailed definition
This metric measures the periodic expense recognized during the reporting period to allocate the cost of finite-lived in...
Peer comparison
Widely reported by midstream operators; peers include this in their segment-level operating expenses or depreciation and amortization schedules.
mplx_segment_gathering_and_processing_amortization_of_intangible_assetsHistorical Data
| Q2 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $22.00M | $22.50M | $22.50M | $22.50M | $22.50M | $23.00M | $23.00M | $23.00M | $23.00M |
| QoQ Change | — | +2.3% | +0.0% | +0.0% | +0.0% | +2.2% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | +2.3% | — | — | +2.2% | +2.2% | +2.2% | +2.2% |
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Frequently Asked Questions
- What is MPLX's gathering and processing — intangible amortization?
- MPLX (MPLX) reported gathering and processing — intangible amortization of $23.00M in Q4 2023.
- How has MPLX's gathering and processing — intangible amortization changed year-over-year?
- MPLX's gathering and processing — intangible amortization increased by 2.2% year-over-year, from $22.50M to $23.00M.
- What does gathering and processing — intangible amortization mean?
- The annual non-cash expense recognized for the usage of intangible assets within the gathering and processing segment.