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MPLX MPLX Natural Gas and NGL Services — Accumulated Depreciation

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Other financials

Income statement

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Revenue$3.3B+10.3%
Operating income$1.4B+6.6%
Net income$1.1B+1.8%
EPS (diluted)$1.06+2.9%

Balance sheet

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Cash & equivalents$1.0B-25.6%
Total debt$25.6B+9,326%
Total assets$43.0B+13.6%

Cash flow

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Operating cash flow$1.3B+8.1%
CapEx$575.0M+115%
Free cash flow$772.0M-21.1%

Valuation

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Market cap$59.67B+16.3%
P/E12.5×+0.8×
P/S4.5×+0.3×

Profitability

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Operating margin44.4%+1.1pp
Net margin36%+0.2pp
FCF margin30.2%-9.4pp

Returns & leverage

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Current ratio1.1×0.0×

Where this comes from

Reported directly by MPLX in its filing.

Tagged under the XBRL concept us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.

The source filing: MPLX’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 1:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001552000-26-000025
(In millions)March 31, 2026 / Gross PP&EMarch 31, 2026 / Accumulated DepreciationMarch 31, 2026 / Net PP&EDecember 31, 2025 / Gross PP&EDecember 31, 2025 / Accumulated DepreciationDecember 31, 2025 / Net PP&E
Crude Oil and Products Logistics$13,895$5,185$8,710$13,809$5,058$8,751
Natural Gas and NGL Services18,4575,17513,28217,9505,00312,947
Total$32,352$10,360$21,992$31,759$10,061$21,698

Item 1. Financial Statements

FAQ

What is MPLX's natural gas and NGL services — accumulated depreciation?
MPLX (MPLX) reported natural gas and NGL services — accumulated depreciation of $5.18B in Q1 2026.
How has MPLX's natural gas and NGL services — accumulated depreciation changed year-over-year?
MPLX's natural gas and NGL services — accumulated depreciation increased by 6.5% year-over-year, from $4.86B to $5.18B.
What does natural gas and NGL services — accumulated depreciation mean?
This is the cumulative amount of depreciation and amortization expense recorded against the Natural Gas and NGL segment's assets since they were placed into service. It represents the total portion of the asset cost that has been allocated to expenses over time. Comparing this to gross PP&E helps determine the remaining useful life and age profile of the segment's infrastructure.

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