GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MPLX LP (OTCPK:MPLXP.PFD) » Definitions » Construction In Progress

MPLXP.PFD (MPLX LP) Construction In Progress : $0.00 Mil (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is MPLX LP Construction In Progress?

MPLX LP's quarterly construction in progress increased from Sep. 2024 ($0.00 Mil) to Dec. 2024 ($475.00 Mil) but then declined from Dec. 2024 ($475.00 Mil) to Mar. 2025 ($0.00 Mil).

MPLX LP's annual construction in progress increased from Dec. 2022 ($455.00 Mil) to Dec. 2023 ($540.00 Mil) but then declined from Dec. 2023 ($540.00 Mil) to Dec. 2024 ($475.00 Mil).

MPLX LP Construction In Progress Historical Data

The historical data trend for MPLX LP's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MPLX LP Construction In Progress Chart

MPLX LP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 549.00 411.00 455.00 540.00 475.00

MPLX LP Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 475.00 -

MPLX LP Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

MPLX LP Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MPLX LP (OTCPK:MPLXP.PFD) » Definitions » Construction In Progress
Comparable Companies
LNG OKE ET KMI EPD VG TRGP WMB CQP WES TSX:ENB TSX:TRP TSX:PPL PAA DTM AM TSX:ALA DSMD:QGTS TSX:KEY SHSE:601872
Traded in Other Exchanges
MPLX:USA
Address
200 East Hardin Street, Findlay, OH, USA, 45840-3229
Website
https://www.mplx.com
MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in 2019.