MPLX LP (MPLX LP) 3-Year Revenue Growth Rate : 9.20% (As of Mar. 2024)

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What is MPLX LP 3-Year Revenue Growth Rate?

MPLX LP's Revenue per Share for the three months ended in Mar. 2024 was $0.00.

During the past 12 months, MPLX LP's average Revenue per Share Growth Rate was -0.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of MPLX LP was 20.90% per year. The lowest was -16.40% per year. And the median was 2.20% per year.

Competitive Comparison of MPLX LP's 3-Year Revenue Growth Rate

For the Oil & Gas Midstream subindustry, MPLX LP's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MPLX LP's 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MPLX LP's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where MPLX LP's 3-Year Revenue Growth Rate falls into.

MPLX LP 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

MPLX LP (OTCPK:MPLXP.PFD) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

MPLX LP 3-Year Revenue Growth Rate Related Terms

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MPLX LP (MPLX LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MPLX LP (OTCPK:MPLXP.PFD) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

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 July 2019.