Business Segments · Gross PP&E
Natural Gas & NGL Services — Gross PP&E
MPLX Natural Gas & NGL Services — Gross PP&E increased by 2.8% to $18.46B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.6%, from $15.30B to $18.46B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026
Rolls up toProperty, plant and equipment at cost
How to read this metric
An increase indicates significant capital investment and expansion of the asset base.
Detailed definition
This represents the total historical cost of all property, plant, and equipment assets within the Natural Gas and NGL se...
Peer comparison
Standard measure of asset scale used across capital-intensive industries.
Metric ID:
mplx_segment_natural_gas_and_ngl_services_gross_pp_eHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $14.61B | $15.22B | $15.30B | $15.48B | $17.44B | $17.95B | $18.46B |
| QoQ Change | — | +4.2% | +0.6% | +1.1% | +12.7% | +2.9% | +2.8% |
| YoY Change | — | +4.2% | — | — | — | +18.0% | +20.6% |
Range$14.61B – $18.46B
CAGR+16.9%
Avg YoY Growth+14.3%
Median YoY Growth+18.0%
Current Streak6+ quarters growth
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Frequently Asked Questions
- What is MPLX's natural gas & ngl services — gross pp&e?
- MPLX (MPLX) reported natural gas & ngl services — gross pp&e of $18.46B in Q1 2026.
- How has MPLX's natural gas & ngl services — gross pp&e changed year-over-year?
- MPLX's natural gas & ngl services — gross pp&e increased by 20.6% year-over-year, from $15.30B to $18.46B.
- What does natural gas & ngl services — gross pp&e mean?
- The total original cost of all physical assets owned by the Natural Gas and NGL segment.