Mplx (MPLX) Capital Expenditures (2011 - 2026)
Mplx's (MPLX) quarterly Capital Expenditures came in at $575.0 million in Q1 2026, up 115.36% year-on-year from $267.0 million in Q1 2025, and down 19.47% sequentially from $714.0 million in Q4 2025.
Mplx (MPLX) Capital Expenditures (2011 - 2026) Analysis & Trends
Mplx's Capital Expenditures history runs 16 years deep, the most recent figure standing at $575.0 million for 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 came in at $575.0 million for Q1 2026 at Mplx, down from $714.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $714.0 million in Q4 2025 and troughed at $125.0 million in Q2 2022.
- The 5-year median for Capital Expenditures is $267.0 million (2025), against an average of $304.8 million.
- The widest annual swing landed in 2024, when Capital Expenditures retreated 19.01%; it then soared 131.82% in 2025.
- A 5-year view of Capital Expenditures shows it 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.
- Per Business Quant data, the three most recent Capital Expenditures figures were $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) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.78 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 133.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 983.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.92 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 899.50 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 575.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 864.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 31.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.18 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 130.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 275.00 Mn |
| Dec 31, 2023 | 275.00 Mn |