MPLX Marine Services Equipment — Number of renewals increased by 100.0% to $2.00 in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $1.00 to $2.00. This is a positive signal — higher values indicate stronger performance for this metric.
A higher number of renewals signals strong customer satisfaction and high switching costs, whereas a decline may indicate competitive pressure or a shift in customer logistics strategies.
This metric tracks the frequency or count of automatic contract renewals occurring within the marine services segment. I...
Comparable to 'contract renewal rates' or 'customer retention counts' found in logistics and infrastructure service providers.
mplx_segment_marine_services_equipment_number_of_renewals| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 2 | 2 | 1 | 1 | 2 |
| QoQ Change | — | +0.0% | -50.0% | +0.0% | +100.0% |
| YoY Change | — | +0.0% | -50.0% | +0.0% | +100.0% |