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MPLX LP (MPLX) Revenue & Revenue Breakdown

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MPLX LP Revenue Highlights

Latest Revenue (Y)

$10.68B

Latest Revenue (Q)

$2.97B

Main Segment (Y)

Service

MPLX LP Revenue by Period

MPLX LP Revenue by Year

DateRevenueChange
2023-12-31$10.68B1.33%
2022-12-31$10.54B10.09%
2021-12-31$9.57B16.12%
2020-12-31$8.25B-4.39%
2019-12-31$8.63B41.88%
2018-12-31$6.08B64.70%
2017-12-31$3.69B44.41%
2016-12-31$2.56B282.63%
2015-12-31$668.00M28.44%
2014-12-31$520.10M12.31%
2013-12-31$463.10M4.73%
2012-12-31$442.20M7.70%
2011-12-31$410.60M3.71%
2010-12-31$395.90M-

MPLX LP generated $10.68B in revenue during NA 2023, up 1.33% compared to the previous quarter, and up 175.70% compared to the same period a year ago.

MPLX LP Revenue by Quarter

DateRevenueChange
2024-09-30$2.97B8.86%
2024-06-30$2.73B4.84%
2024-03-31$2.60B-7.13%
2023-12-31$2.80B-3.71%
2023-09-30$2.91B16.67%
2023-06-30$2.50B-2.08%
2023-03-31$2.55B1.92%
2022-12-31$2.50B-8.82%
2022-09-30$2.74B-1.90%
2022-06-30$2.80B11.80%
2022-03-31$2.50B-3.59%
2021-12-31$2.59B6.22%
2021-09-30$2.44B6.22%
2021-06-30$2.30B4.36%
2021-03-31$2.20B4.46%
2020-12-31$2.11B0.48%
2020-09-30$2.10B8.93%
2020-06-30$1.93B-8.72%
2020-03-31$2.11B-5.97%
2019-12-31$2.25B4.32%
2019-09-30$2.15B41.21%
2019-06-30$1.52B-1.68%
2019-03-31$1.55B-4.62%
2018-12-31$1.63B0.37%
2018-09-30$1.62B7.72%
2018-06-30$1.50B12.84%
2018-03-31$1.33B31.62%
2017-12-31$1.01B8.47%
2017-09-30$933.00M4.95%
2017-06-30$889.00M3.86%
2017-03-31$856.00M23.70%
2016-12-31$692.00M3.59%
2016-09-30$668.00M8.09%
2016-06-30$618.00M6.92%
2016-03-31$578.00M124.82%
2015-12-31$257.10M82.47%
2015-09-30$140.90M0.64%
2015-06-30$140.00M7.69%
2015-03-31$130.00M-1.44%
2014-12-31$131.90M0.92%
2014-09-30$130.70M3.08%
2014-06-30$126.80M-2.98%
2014-03-31$130.70M9.92%
2013-12-31$118.90M0.59%
2013-09-30$118.20M1.81%
2013-06-30$116.10M5.64%
2013-03-31$109.90M1.20%
2012-12-31$108.60M-10.32%
2012-09-30$121.10M9.69%
2012-06-30$110.40M8.13%
2012-03-31$102.10M-1.92%
2011-12-31$104.10M-4.76%
2011-09-30$109.30M6.32%
2011-06-30$102.80M8.90%
2011-03-31$94.40M-

MPLX LP generated $2.97B in revenue during Q3 2024, up 8.86% compared to the previous quarter, and up 119.07% compared to the same period a year ago.

MPLX LP Revenue Breakdown

MPLX LP Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Product$1.67B$2.22B$1.59B$636.00M$806.00M
Service, Other$294.00M----
Service$3.98B----

MPLX LP's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (67.04%), Product (28.01%), and Service, Other (4.95%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Product$433.00M$370.00M$1.19B$478.00M$407.00M$617.00M$556.00M$448.00M$304.00M$282.00M$182.00M$165.00M$120.00M$169.00M$230.00M$171.00M----
Service, Other$86.00M$95.00M$219.00M$75.00M$53.00M---------------
Service$1.07B$986.00M$2.95B$1.04B$601.00M$627.00M$618.00M-------------
Gathering and Processing----$33.00M$34.00M$1.45B$1.21B------------
Logistics and Storage----$125.00M$125.00M$114.00M$111.00M------------

MPLX LP's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service (67.26%), Product (27.32%), and Service, Other (5.43%).

MPLX LP Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ETEnergy Transfer LP$78.59B$20.73B
EPDEnterprise Products Partners$49.72B$13.78B
PAAPlains All American Pipeline$48.74B$12.74B
ENBEnbridge$43.65B$14.88B
OKEONEOK$17.68B$5.02B
KMIKinder Morgan$15.33B$3.70B
MPLXMPLX LP$10.68B$2.97B
WESWestern Midstream Partners, LP$3.11B$905.63M
HESMHess Midstream LP$1.35B$378.50M
AMAntero Midstream$1.04B$269.87M

MPLX Revenue FAQ

What is MPLX LP’s yearly revenue?

MPLX LP's yearly revenue for 2023 was $10.68B, representing an increase of 1.33% compared to 2022. The company's yearly revenue for 2022 was $10.54B, representing an increase of 10.09% compared to 2021. MPLX's yearly revenue for 2021 was $9.58B, representing an increase of 16.12% compared to 2020.

What is MPLX LP’s quarterly revenue?

MPLX LP's quarterly revenue for Q3 2024 was $2.97B, a 8.86% increase from the previous quarter (Q2 2024), and a 2.06% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.73B, a 4.84% increase from the previous quarter (Q1 2024), and a 9.38% increase year-over-year (Q2 2023). MPLX's quarterly revenue for Q1 2024 was $2.6B, a -7.13% decrease from the previous quarter (Q4 2023), and a 2.16% increase year-over-year (Q1 2023).

What is MPLX LP’s revenue growth rate?

MPLX LP's revenue growth rate for the last 3 years (2021-2023) was 11.55%, and for the last 5 years (2019-2023) was 23.84%.

What are MPLX LP’s revenue streams?

MPLX LP's revenue streams in c 23 are Product, Service, Other, and Service. Product generated $1.66B in revenue, accounting 28.01% of the company's total revenue, down -24.97% year-over-year. Service, Other generated $294M in revenue, accounting 4.95% of the company's total revenue Service generated $3.98B in revenue, accounting 67.04% of the company's total revenue

What is MPLX LP’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of MPLX LP was Service. This segment made a revenue of $3.98B, representing 67.04% of the company's total revenue.