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| Date | Value |
|---|---|
| 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 |