Discontinued — last reported Q4 '23
Business Segments · Basis difference
Logistics and Storage — Basis difference
MPLX Logistics and Storage — Basis difference decreased by 1.9% to $314.00M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ4 2023
How to read this metric
An increase may indicate higher fair value adjustments or new acquisitions, while a decrease suggests amortization or impairment of these basis differences.
Detailed definition
Represents the difference between the carrying amount of an investment in an equity method investee and the underlying e...
Peer comparison
Common in midstream energy companies with significant joint venture or equity method investment portfolios.
Metric ID:
mplx_segment_logistics_and_storage_basis_differenceHistorical Data
4 periods
| Q2 '21 | Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|---|
| Value | $332.00M | $327.00M | $320.00M | $314.00M |
| QoQ Change | — | -1.5% | -2.1% | -1.9% |
| YoY Change | — | — | -2.1% | -1.9% |
Range$314.00M – $332.00M
Avg YoY Growth-2.0%
Median YoY Growth-2.0%
Current Streak3+ quarters decline
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Frequently Asked Questions
- What is MPLX's logistics and storage — basis difference?
- MPLX (MPLX) reported logistics and storage — basis difference of $314.00M in Q4 2023.
- What does logistics and storage — basis difference mean?
- The accounting adjustment reflecting the difference between the book value of an investment and the underlying net asset value.