Discontinued — last reported Q4 '23
Logistics and Storage — Intangible Amortization
MPLX Logistics and Storage — Intangible Amortization remained flat by 0.0% to $9.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $9.00M to $9.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in this expense reflects the amortization of newly acquired assets or a change in the estimated useful lives of existing assets. It is a non-cash charge that reduces reported net income but does not impact cash flow.
Detailed definition
This metric captures the periodic expense recognized in the income statement to allocate the cost of finite-lived intang...
Peer comparison
Standard operating expense line item for midstream companies; peers with high M&A activity typically show higher amortization levels due to purchase price accounting adjustments.
mplx_segment_logistics_and_storage_amortization_of_intangible_assetsHistorical Data
| Q2 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $9.00M | $9.00M | $9.00M | $9.00M | $9.00M | $9.00M | $9.00M | $9.00M | $9.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | +0.0% | — | — | +0.0% | +0.0% | +0.0% | +0.0% |
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Frequently Asked Questions
- What is MPLX's logistics and storage — intangible amortization?
- MPLX (MPLX) reported logistics and storage — intangible amortization of $9.00M in Q4 2023.
- How has MPLX's logistics and storage — intangible amortization changed year-over-year?
- MPLX's logistics and storage — intangible amortization decreased by 0.0% year-over-year, from $9.00M to $9.00M.
- What does logistics and storage — intangible amortization mean?
- The annual non-cash expense recognized for the wear or expiration of the segment's intangible assets.