MPLX LP (MPLX) Revenue & Revenue Breakdown
MPLX LP Revenue Highlights
Latest Revenue (Y)
$10.68B
Latest Revenue (Q)
$3.05B
Main Segment (Y)
Service
MPLX LP Revenue by Period
MPLX LP Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $10.68B | 1.33% |
| 2022-12-31 | $10.54B | 10.09% |
| 2021-12-31 | $9.57B | 16.12% |
| 2020-12-31 | $8.25B | -4.39% |
| 2019-12-31 | $8.63B | 41.88% |
| 2018-12-31 | $6.08B | 64.70% |
| 2017-12-31 | $3.69B | 44.41% |
| 2016-12-31 | $2.56B | 282.63% |
| 2015-12-31 | $668.00M | 28.44% |
| 2014-12-31 | $520.10M | 12.31% |
| 2013-12-31 | $463.10M | 4.73% |
| 2012-12-31 | $442.20M | 7.70% |
| 2011-12-31 | $410.60M | 3.71% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.05B | 17.20% |
| 2024-03-31 | $2.60B | -7.13% |
| 2023-12-31 | $2.80B | -3.71% |
| 2023-09-30 | $2.91B | 16.67% |
| 2023-06-30 | $2.50B | -2.08% |
| 2023-03-31 | $2.55B | 1.92% |
| 2022-12-31 | $2.50B | -8.82% |
| 2022-09-30 | $2.74B | -1.90% |
| 2022-06-30 | $2.80B | 11.80% |
| 2022-03-31 | $2.50B | -3.59% |
| 2021-12-31 | $2.59B | 6.22% |
| 2021-09-30 | $2.44B | 6.22% |
| 2021-06-30 | $2.30B | 4.36% |
| 2021-03-31 | $2.20B | 4.46% |
| 2020-12-31 | $2.11B | 0.48% |
| 2020-09-30 | $2.10B | 8.93% |
| 2020-06-30 | $1.93B | -8.72% |
| 2020-03-31 | $2.11B | -5.97% |
| 2019-12-31 | $2.25B | 4.32% |
| 2019-09-30 | $2.15B | 41.21% |
| 2019-06-30 | $1.52B | -1.68% |
| 2019-03-31 | $1.55B | -4.62% |
| 2018-12-31 | $1.63B | 0.37% |
| 2018-09-30 | $1.62B | 7.72% |
| 2018-06-30 | $1.50B | 12.84% |
| 2018-03-31 | $1.33B | 31.62% |
| 2017-12-31 | $1.01B | 8.47% |
| 2017-09-30 | $933.00M | 4.95% |
| 2017-06-30 | $889.00M | 3.86% |
| 2017-03-31 | $856.00M | 23.70% |
| 2016-12-31 | $692.00M | 3.59% |
| 2016-09-30 | $668.00M | 8.09% |
| 2016-06-30 | $618.00M | 6.92% |
| 2016-03-31 | $578.00M | 124.82% |
| 2015-12-31 | $257.10M | 82.47% |
| 2015-09-30 | $140.90M | 0.64% |
| 2015-06-30 | $140.00M | 7.69% |
| 2015-03-31 | $130.00M | -1.44% |
| 2014-12-31 | $131.90M | 0.92% |
| 2014-09-30 | $130.70M | 3.08% |
| 2014-06-30 | $126.80M | -2.98% |
| 2014-03-31 | $130.70M | 9.92% |
| 2013-12-31 | $118.90M | 0.59% |
| 2013-09-30 | $118.20M | 1.81% |
| 2013-06-30 | $116.10M | 5.64% |
| 2013-03-31 | $109.90M | 1.20% |
| 2012-12-31 | $108.60M | -10.32% |
| 2012-09-30 | $121.10M | 9.69% |
| 2012-06-30 | $110.40M | 8.13% |
| 2012-03-31 | $102.10M | -1.92% |
| 2011-12-31 | $104.10M | -4.76% |
| 2011-09-30 | $109.30M | 6.32% |
| 2011-06-30 | $102.80M | 8.90% |
| 2011-03-31 | $94.40M | - |
MPLX LP generated $3.05B in revenue during Q2 2024, up 17.20% compared to the previous quarter, and up 119.73% compared to the same period a year ago.
MPLX LP Revenue Breakdown
MPLX LP Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service, Other | $294.00M | - | - | - | - |
| Product | $1.67B | $2.22B | $1.59B | $636.00M | $806.00M |
| 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $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 | $168.00M | - | - | - | - |
| Service, Other | $95.00M | $219.00M | $75.00M | $53.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | $986.00M | $2.95B | $1.04B | $601.00M | $627.00M | $618.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Logistics and Storage | - | - | - | $125.00M | $125.00M | $114.00M | $111.00M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gathering and Processing | - | - | - | $33.00M | $34.00M | $1.45B | $1.21B | - | - | - | - | - | - | - | - | - | - | - | - | - |
MPLX LP's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Service (67.95%), Product (25.50%), and Service, Other (6.55%).
MPLX LP Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ET | Energy Transfer LP | $78.59B | $21.63B |
| EPD | Enterprise Products Partners | $49.72B | $13.48B |
| PAA | Plains All American Pipeline | $48.74B | $12.93B |
| ENB | Enbridge | $43.65B | $14.88B |
| OKE | ONEOK | $17.68B | $5.02B |
| KMI | Kinder Morgan | $15.33B | $3.70B |
| MPLX | MPLX LP | $10.68B | $3.05B |
| WES | Western Midstream Partners, LP | $3.11B | $887.73M |
| HESM | Hess Midstream LP | $1.35B | $365.50M |
| AM | Antero 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 Q2 2024 was $3.05B, a 17.20% increase from the previous quarter (Q1 2024), and a 22.28% increase year-over-year (Q2 2023). The company'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). MPLX's quarterly revenue for Q4 2023 was $2.8B, a -3.71% decrease from the previous quarter (Q3 2023), and a 12.12% increase year-over-year (Q4 2022).
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 Service, Other, Product, and Service. Service, Other generated $294M in revenue, accounting 4.95% of the company's total revenue Product generated $1.66B in revenue, accounting 28.01% of the company's total revenue, down -24.97% year-over-year. 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.