Business Segments · Revenue

Natural Gas & NGL Services — Revenue

MPLX Natural Gas & NGL Services — Revenue decreased by 9.3% to $1.42B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $1.53B to $1.42B. Over 3 years (FY 2022 to FY 2025), Natural Gas & NGL Services — Revenue shows relatively stable performance with a 2.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

Higher revenues indicate increased throughput volumes or favorable pricing environments for midstream services.

Detailed definition

This represents the total gross income generated from the gathering, processing, fractionation, and transportation of na...

Peer comparison

Standard top-line metric for midstream segments across the energy industry.

Metric ID: mplx_segment_natural_gas_and_ngl_services_revenues

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.50B$1.50B$1.50B$1.50B$1.31B$1.31B$1.31B$1.31B$1.32B$1.46B$1.37B$1.46B$1.53B$1.37B$1.96B$1.56B$1.42B
QoQ Change+0.0%+0.0%+0.0%-13.0%+0.0%+0.0%+0.0%+0.5%+10.9%-6.4%+6.7%+5.2%-10.7%+43.2%-20.2%-9.3%
YoY Change-13.0%-13.0%-13.0%-13.0%+0.5%+11.4%+4.3%+11.3%+16.5%-6.2%+43.5%+7.4%-7.4%
Range$1.31B$1.96B
CAGR-1.5%
Avg YoY Growth+2.3%
Median YoY Growth+0.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is MPLX's natural gas & ngl services — revenue?
MPLX (MPLX) reported natural gas & ngl services — revenue of $1.42B in Q1 2026.
How has MPLX's natural gas & ngl services — revenue changed year-over-year?
MPLX's natural gas & ngl services — revenue decreased by 7.4% year-over-year, from $1.53B to $1.42B.
What is the long-term trend for MPLX's natural gas & ngl services — revenue?
Over 3 years (2022 to 2025), MPLX's natural gas & ngl services — revenue has grown at a 2.2% compound annual growth rate (CAGR), from $6.02B to $6.42B.
What does natural gas & ngl services — revenue mean?
Total sales generated by the Natural Gas and NGL services segment.