Discontinued — last reported Q3 '24
Business Segments · Property, plant and equipment, net
L&S — Property, plant and equipment, net
MPLX L&S — Property, plant and equipment, net decreased by 0.3% to $8.62B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $8.71B to $8.62B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ3 2024
Rolls up toProperty, plant and equipment, net
How to read this metric
An increase generally signals net capital investment exceeding depreciation, indicating growth, while a decrease may signal divestitures or depreciation outpacing new investment.
Detailed definition
This represents the current book value of the Logistics and Storage segment's physical assets after subtracting accumula...
Peer comparison
Standard metric used across the energy and infrastructure sectors to determine the net asset base supporting segment operations.
Metric ID:
mplx_segment_l_s_property_plant_and_equipment_netHistorical Data
13 periods
| 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 | $9.19B | $9.14B | $9.09B | $9.02B | $8.92B | $8.86B | $8.80B | $8.77B | $8.71B | $8.74B | $8.68B | $8.64B | $8.62B |
| QoQ Change | — | -0.5% | -0.6% | -0.8% | -1.1% | -0.6% | -0.7% | -0.3% | -0.7% | +0.3% | -0.7% | -0.5% | -0.3% |
| YoY Change | — | — | — | — | -2.9% | -3.1% | -3.2% | -2.7% | -2.3% | -1.4% | -1.4% | -1.5% | -1.1% |
Range$8.62B – $9.19B
CAGR-2.1%
Avg YoY Growth-2.2%
Median YoY Growth-2.3%
Current Streak3 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is MPLX's l&s — property, plant and equipment, net?
- MPLX (MPLX) reported l&s — property, plant and equipment, net of $8.62B in Q3 2024.
- How has MPLX's l&s — property, plant and equipment, net changed year-over-year?
- MPLX's l&s — property, plant and equipment, net decreased by 1.1% year-over-year, from $8.71B to $8.62B.
- What does l&s — property, plant and equipment, net mean?
- The current accounting value of the Logistics and Storage segment's physical assets after accounting for wear and tear.