MPLX LP (MPLX LP) Construction In Progress : $0.00 Mil (As of Mar. 2024)

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What is MPLX LP Construction In Progress?

MPLX LP's quarterly construction in progress increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($540.00 Mil) but then declined from Dec. 2023 ($540.00 Mil) to Mar. 2024 ($0.00 Mil).

MPLX LP's annual construction in progress increased from Dec. 2021 ($411.00 Mil) to Dec. 2022 ($455.00 Mil) and increased from Dec. 2022 ($455.00 Mil) to Dec. 2023 ($540.00 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.

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MPLX LP Construction In Progress Chart

MPLX LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,405.00

549.00

411.00

455.00

540.00

MPLX LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	540.00	-

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 (MPLX LP) Business Description

Industry

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

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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 July 2019.