Business Segments · Basis difference
Natural Gas & NGL Services — Basis difference
MPLX Natural Gas & NGL Services — Basis difference decreased by 37.4% to $124.00M in Q4 2025 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025
How to read this metric
An increase suggests higher acquisition premiums paid for assets, while a decrease may indicate asset impairment or the completion of amortization schedules.
Detailed definition
Represents the difference between the carrying amount of an investment and the underlying equity in the net assets of th...
Peer comparison
Common in midstream energy companies that frequently acquire gathering and processing infrastructure.
Metric ID:
mplx_segment_natural_gas_ngl_services_basis_differenceHistorical Data
3 periods
| Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|
| Value | -$30.00M | $198.00M | $124.00M |
| QoQ Change | — | +760.0% | -37.4% |
| YoY Change | — | +760.0% | -37.4% |
Range-$30.00M – $198.00M
Avg YoY Growth+361.3%
Median YoY Growth+361.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is MPLX's natural gas & ngl services — basis difference?
- MPLX (MPLX) reported natural gas & ngl services — basis difference of $124.00M in Q4 2025.
- What does natural gas & ngl services — basis difference mean?
- The difference between the purchase price of an investment and the book value of the acquired net assets.