Mplx (MPLX) Capital Expenditures (2011 - 2026)
Mplx's Capital Expenditures came in at $825 million for Q2 2026, up 174.1% from $301 million a year earlier and up 43.5% from the prior quarter.
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Analysis
Mplx (MPLX) Capital Expenditures (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mplx reported Capital Expenditures of $2.64 billion, up 128.4% year-over-year; for FY2025, it came in at $1.81 billion, up 71.2% from FY2024.
- Capital Expenditures has increased in each of the last four years, with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $1.06 billion in FY2024 (+12.7%), $937 million in FY2023 (+16.3%), $806 million in FY2022 (+52.4%) and $529 million in FY2021 (-55.3%).
- The Q2 2026 figure represents the highest quarterly Capital Expenditures in data going back to Q4 2011.
- Year-over-year, Capital Expenditures has increased for eight consecutive quarters, with growth averaging 73.6% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q2 2026 (growth of 174.1%), and the weakest in Q3 2021 (a decline of 49.3%).
- Business Quant data shows MPLX's Capital Expenditures at $575 million (Q1 2026), $714 million (Q4 2025) and $526 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 2.15 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 1.16 Bn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 1.56 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 982.00 Mn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | -773.53 Mn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 1.01 Bn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 825.00 Mn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 1.18 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 613.00 Mn |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | 3.72 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 825.00 Mn |
| Mar 31, 2026 | 575.00 Mn |
| Dec 31, 2025 | 714.00 Mn |
| Sep 30, 2025 | 526.00 Mn |
| Jun 30, 2025 | 301.00 Mn |
| Mar 31, 2025 | 267.00 Mn |
| Dec 31, 2024 | 308.00 Mn |
| Sep 30, 2024 | 280.00 Mn |
| Jun 30, 2024 | 213.00 Mn |
| Mar 31, 2024 | 255.00 Mn |
| Dec 31, 2023 | 275.00 Mn |
| Sep 30, 2023 | 230.00 Mn |
| Jun 30, 2023 | 263.00 Mn |
| Mar 31, 2023 | 169.00 Mn |
| Dec 31, 2022 | 271.00 Mn |
| Sep 30, 2022 | 241.00 Mn |
| Jun 30, 2022 | 125.00 Mn |
| Mar 31, 2022 | 169.00 Mn |
| Dec 31, 2021 | 155.00 Mn |
| Sep 30, 2021 | 139.00 Mn |
API Access
Mplx Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MPLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MPLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();