What is MPLX's logistics and storage — equity method income?

MPLX (MPLX) reported logistics and storage — equity method income of $80.00M in Q3 2024.

How has MPLX's logistics and storage — equity method income changed year-over-year?

MPLX's logistics and storage — equity method income decreased by 15.8% year-over-year, from $95.00M to $80.00M.

What is the long-term trend for MPLX's logistics and storage — equity method income?

Over 2 years (2021 to 2023), MPLX's logistics and storage — equity method income has grown at a 50.2% compound annual growth rate (CAGR), from $153.00M to $345.00M.

What does logistics and storage — equity method income mean?

The company's portion of profits or losses from its non-controlled logistics and storage joint ventures.

Discontinued — last reported Q3 '24

Business Segments · Equity Method Income

Logistics and Storage — Equity Method Income

MPLX Logistics and Storage — Equity Method Income decreased by 69.2% to $80.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 15.8%, from $95.00M to $80.00M. Over 2 years (FY 2021 to FY 2023), Logistics and Storage — Equity Method Income shows an upward trend with a 50.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2018

Last reportedQ3 2024

Rolls up toEquity Method Income

How to read this metric

Higher income indicates strong operational performance and profitability of the underlying joint venture assets.

Detailed definition

The company's share of the net earnings or losses from its unconsolidated joint ventures within the Logistics and Storag...

Peer comparison

Commonly reported as 'Equity in earnings of unconsolidated affiliates' across the energy sector.

Metric ID: mplx_segment_l_s_income_from_equity_method_investments

Historical 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	$35.00M	$41.00M	$41.00M	$52.00M	$59.00M	$72.00M	$84.00M	$71.00M	$82.00M	$95.00M	$97.00M	$89.00M	$260.00M	$80.00M
QoQ Change	—	+17.1%	+0.0%	+26.8%	+13.5%	+22.0%	+16.7%	-15.5%	+15.5%	+15.9%	+2.1%	-8.2%	+192.1%	-69.2%
YoY Change	—	—	—	—	+68.6%	+75.6%	+104.9%	+36.5%	+39.0%	+31.9%	+15.5%	+25.4%	+217.1%	-15.8%

Range$35.00M – $260.00M

CAGR+29.0%

Avg YoY Growth+59.9%

Median YoY Growth+37.8%

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Frequently Asked Questions

What is MPLX's logistics and storage — equity method income?: MPLX (MPLX) reported logistics and storage — equity method income of $80.00M in Q3 2024.
How has MPLX's logistics and storage — equity method income changed year-over-year?: MPLX's logistics and storage — equity method income decreased by 15.8% year-over-year, from $95.00M to $80.00M.
What is the long-term trend for MPLX's logistics and storage — equity method income?: Over 2 years (2021 to 2023), MPLX's logistics and storage — equity method income has grown at a 50.2% compound annual growth rate (CAGR), from $153.00M to $345.00M.
What does logistics and storage — equity method income mean?: The company's portion of profits or losses from its non-controlled logistics and storage joint ventures.