Mplx (MPLX) Capital Expenditures (2011 - 2026)

Mplx (MPLX) posted quarterly Capital Expenditures of $575.0 million for Q1 2026, up 115.36% year-over-year from $267.0 million in Q1 2025, and down 19.47% quarter-over-quarter from $714.0 million in Q4 2025.

Mplx (MPLX) Capital Expenditures (2011 - 2026) Analysis & Trends

Mplx (MPLX) has reported Capital Expenditures for 16 consecutive years, with $575.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Capital Expenditures rose 115.36% year-over-year to $575.0 million; the TTM figure through Mar 2026 stood at $2.1 billion (up 98.13% YoY), while the FY2025 annual figure was $1.8 billion, up 71.21% from the prior year.
  • Capital Expenditures fell to $575.0 million in Q1 2026 per MPLX's latest filing, from $714.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $714.0 million in Q4 2025 and bottomed at $125.0 million in Q2 2022.
  • Historically, Capital Expenditures has averaged $304.8 million across 5 years, with a median of $267.0 million in 2025.
  • Annual changes were most pronounced in 2024 — Capital Expenditures fell 19.01% — and 2025, when it surged 131.82%.
  • Mplx's Capital Expenditures stood at $271.0 million in 2022, then advanced by 1.48% to $275.0 million in 2023, then gained by 12.0% to $308.0 million in 2024, then surged by 131.82% to $714.0 million in 2025, then decreased by 19.47% to $575.0 million in 2026.
  • Business Quant data shows MPLX's Capital Expenditures at $575.0 million in Q1 2026, $714.0 million in Q4 2025, and $526.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 982.00 Mn
2 Enbridge 110.90 Bn 109.41 Bn 5.23 Bn 2.15 Bn
3 Enterprise Products Partners 83.55 Bn 82.64 Bn - 1.16 Bn
4 Energy Transfer 72.76 Bn 71.73 Bn 7.40 Bn 1.56 Bn
5 Tc Energy 65.92 Bn 58.36 Bn 1.24 Bn -3.61 Mn
6 Oneok 60.17 Bn 60.01 Bn 2.81 Bn 613.00 Mn
7 Mplx 60.12 Bn 59.09 Bn 2.73 Bn 825.00 Mn
8 Targa Resources 59.64 Bn 59.50 Bn 2.14 Bn 1.01 Bn
9 Cheniere Energy 56.21 Bn 54.95 Bn 5.29 Bn 1.18 Bn
10 Venture Global 34.31 Bn 31.09 Bn 2.92 Bn 3.72 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 825.00 Mn
Jun 30, 2026 825.00 Mn
Mar 31, 2026 575.00 Mn
Mar 31, 2026 575.00 Mn
Dec 31, 2025 714.00 Mn
Dec 31, 2025 714.00 Mn
Sep 30, 2025 526.00 Mn
Sep 30, 2025 526.00 Mn
Jun 30, 2025 301.00 Mn
Jun 30, 2025 301.00 Mn
Mar 31, 2025 267.00 Mn
Mar 31, 2025 267.00 Mn
Dec 31, 2024 308.00 Mn
Dec 31, 2024 308.00 Mn
Sep 30, 2024 280.00 Mn
Sep 30, 2024 280.00 Mn
Jun 30, 2024 213.00 Mn
Jun 30, 2024 213.00 Mn
Mar 31, 2024 255.00 Mn
Mar 31, 2024 255.00 Mn