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MPLX MPLX Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Crude Oil and Products Logistics$6.58B+3.7%$6.34B+4.8%$6.05B+8.0%$5.6B
Natural Gas & NGL Services$6.42B+14.8%$5.59B+6.9%$5.23B-13.0%$6.02B
Revenue from Contract with Customer, Excluding Assessed Tax, Related Parties by Product
Product$143M-36.4%$225M-10.0%$250M+26.3%$198M+36.6%
Service$4.39B+5.1%$4.18B+4.9%$3.99B+6.2%$3.75B+3.5%

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Questions, answered.

How does MPLX break its business down?
MPLX (MPLX) reports revenue by business across 2 parts — Crude Oil and Products Logistics and Natural Gas & NGL Services. Each is extracted from the segment footnotes and tracked over time.
Where does MPLX's segment data come from?
Segment breakdowns are pulled from the segment footnotes in MPLX's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.