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.
Higher revenues indicate increased throughput volumes or favorable pricing environments for midstream services.
This represents the total gross income generated from the gathering, processing, fractionation, and transportation of na...
Standard top-line metric for midstream segments across the energy industry.
mplx_segment_natural_gas_and_ngl_services_revenues| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |