Discontinued — last reported Q3 '24
Business Segments · Equity Method Investments
Logistics and Storage — Equity Method Investments
MPLX Logistics and Storage — Equity Method Investments increased by 10.0% to $2.15B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $1.85B to $2.15B. Over 2 years (FY 2021 to FY 2023), Logistics and Storage — Equity Method Investments shows relatively stable performance with a 2.5% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ3 2024
Rolls up toEquity method investments (Note 11)
How to read this metric
An increase reflects additional capital deployed into joint ventures, while a decrease may signal asset sales or impairment.
Detailed definition
This represents the carrying value of investments in entities where the company exercises significant influence but does...
Peer comparison
Standard line item for midstream firms, often labeled as 'Investments in unconsolidated affiliates'.
Metric ID:
mplx_segment_l_s_equity_method_investmentsHistorical 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 | $1.78B | $1.75B | $1.72B | $1.80B | $1.81B | $1.83B | $1.83B | $1.86B | $1.85B | $1.85B | $1.83B | $1.93B | $1.95B | $2.15B |
| QoQ Change | — | -2.1% | -1.5% | +4.8% | +0.3% | +1.5% | +0.1% | +1.5% | -0.5% | -0.1% | -1.0% | +5.1% | +1.4% | +10.0% |
| YoY Change | — | — | — | — | +1.3% | +5.0% | +6.7% | +3.3% | +2.5% | +1.0% | -0.1% | +3.5% | +5.5% | +16.1% |
Range$1.72B – $2.15B
CAGR+5.9%
Avg YoY Growth+4.5%
Median YoY Growth+3.4%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is MPLX's logistics and storage — equity method investments?
- MPLX (MPLX) reported logistics and storage — equity method investments of $2.15B in Q3 2024.
- How has MPLX's logistics and storage — equity method investments changed year-over-year?
- MPLX's logistics and storage — equity method investments increased by 16.1% year-over-year, from $1.85B to $2.15B.
- What is the long-term trend for MPLX's logistics and storage — equity method investments?
- Over 2 years (2021 to 2023), MPLX's logistics and storage — equity method investments has grown at a 2.5% compound annual growth rate (CAGR), from $7.04B to $7.39B.
- What does logistics and storage — equity method investments mean?
- The total balance sheet value of the company's stakes in non-controlled logistics and storage partnerships.