Discontinued — last reported Q4 '23
Business Segments · Intangibles, net
Gathering and Processing — Intangibles, net
MPLX Gathering and Processing — Intangibles, net decreased by 2.6% to $560.00M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2023
Rolls up toOther intangible assets—net
How to read this metric
An increase typically reflects recent acquisitions or investments in intangible assets, while a decrease suggests ongoing amortization or potential impairment of existing assets.
Detailed definition
This metric represents the carrying value of intangible assets for the gathering and processing segment, net of any accu...
Peer comparison
Standard metric for energy infrastructure companies that have grown through M&A; comparable to 'Intangible Assets, Net' reported by peer midstream partnerships.
Metric ID:
mplx_segment_gathering_and_processing_intangibles_netHistorical Data
4 periods
| Q2 '21 | Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|---|
| Value | $712.00M | $665.00M | $575.00M | $560.00M |
| QoQ Change | — | -6.6% | -13.5% | -2.6% |
| YoY Change | — | — | -13.5% | -2.6% |
Range$560.00M – $712.00M
Avg YoY Growth-8.1%
Median YoY Growth-8.1%
Current Streak3+ quarters decline
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Frequently Asked Questions
- What is MPLX's gathering and processing — intangibles, net?
- MPLX (MPLX) reported gathering and processing — intangibles, net of $560.00M in Q4 2023.
- What does gathering and processing — intangibles, net mean?
- The current book value of intangible assets in the gathering and processing segment after accounting for amortization and impairments.