Discontinued — last reported Q4 '23

Business Segments · Intangibles, net

Logistics and Storage — Intangibles, net

MPLX Logistics and Storage — Intangibles, net decreased by 27.7% to $94.00M in Q4 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2023

How to read this metric

An increase suggests recent acquisitions or investments in intangible rights, while a consistent decline indicates that amortization is outpacing new capital investment in these assets.

Detailed definition

This metric represents the carrying value of intangible assets for the Logistics and Storage segment, calculated as the...

Peer comparison

Commonly reported by midstream partnerships; peers with higher values often reflect more aggressive acquisition strategies or significant customer contract portfolios.

Metric ID: mplx_segment_logistics_and_storage_intangibles_net

Historical Data

4 periods
 Q2 '21Q4 '21Q4 '22Q4 '23
Value$184.00M$166.00M$130.00M$94.00M
QoQ Change-9.8%-21.7%-27.7%
YoY Change-21.7%-27.7%
Range$94.00M$184.00M
Avg YoY Growth-24.7%
Median YoY Growth-24.7%
Current Streak3+ quarters decline

Frequently Asked Questions

What is MPLX's logistics and storage — intangibles, net?
MPLX (MPLX) reported logistics and storage — intangibles, net of $94.00M in Q4 2023.
What does logistics and storage — intangibles, net mean?
The current book value of the segment's intangible assets after accounting for amortization and impairments.