Mplx (MPLXP) Capital Expenditures (2011 - 2026)

Mplx's (MPLXP) 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 (MPLXP) 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 Mplx - - 2.54 Bn 575.00 Mn

Historic Data

Download Data
DateValue
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