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MPLX LP Total Assets

: $35,773 Mil (As of Jun. 2021)
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MPLX LP's Total Assets for the quarter that ended in Jun. 2021 was $35,773 Mil.

During the past 12 months, MPLX LP's average Total Assets Growth Rate was -3.20% per year. During the past 3 years, the average Total Assets Growth Rate was 23.10% per year. During the past 5 years, the average Total Assets Growth Rate was 23.30% per year.

During the past 11 years, MPLX LP's highest 3-Year average Total Assets Growth Rate was 154.20%. The lowest was -3.10%. And the median was 34.70%.

Total Assets is connected with ROA %. MPLX LP's annualized ROA % for the quarter that ended in Jun. 2021 was 7.87%. Total Assets is also linked to Revenue through Asset Turnover. MPLX LP's Asset Turnover for the quarter that ended in Jun. 2021 was 0.06.


MPLX LP Total Assets Historical Data

The historical data trend for MPLX LP's Total Assets 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 Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,509.00 19,500.00 39,325.00 40,430.00 36,414.00

MPLX LP Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Total Assets 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 Premium Member Only Premium Member Only Premium Member Only 37,022.00 36,662.00 36,414.00 36,030.00 35,773.00

MPLX LP Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

MPLX LP's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=13017+23397
=36,414

MPLX LP's Total Assets for the quarter that ended in Jun. 2021 is calculated as

Total Assets=Total Equity (Q: Jun. 2021 )+Total Liabilities (Q: Jun. 2021 )
=13763+22010
=35,773

* 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.


MPLX LP  (NYSE:MPLX) Total Assets Explanation

Total Assets is connected with ROA %.

MPLX LP's annualized ROA % for the quarter that ended in Jun. 2021 is

ROA %=Net Income (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=2824/( (36030+35773)/ 2 )
=2824/35901.5
=7.87 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

MPLX LP's Asset Turnover for the quarter that ended in Jun. 2021 is

Asset Turnover
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=2299/( (36030+35773)/ 2 )
=2299/35901.5
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

MPLX LP Total Assets Related Terms

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MPLX LP Business Description

MPLX LP logo
Industry
Energy » Oil & Gas NAICS : 213112 SIC : 4612
Traded in Other Exchanges
Address
200 East Hardin Street, Findlay, OH, USA, 45840-3229
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.
Executives
Surma John P director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SURMA JOHN P a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Beatty Michael L director 5735 PINELAND DR SUITE 300 DALLAS TX 75231
Sandman Dan D director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SANDMAN DAN D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Peiffer Garry L. director C/O MARATHON PETROLEUM CORPORATION 539 S. MAIN STREET FINDLAY OH 45840
Semple Frank M director 1515 ARAPAHOE ST. TOWER 2, SUITE 700 DENVER CO 80202
Stice J Michael director 525 CENTRAL PARK DRIVE OKLAHOMA CITY OK 73105
Helms Christopher A director MPLX LP 200 E. HARDIN STREET FINDLAY OH 45840
Aydt Timothy J officer: Chief Comm. Ofc.,Exec. VP C/O MPLX LP 200 E. HARDIN STREET FINDLAY OH 45840
Mpc Investment Llc director, 10 percent owner 539 S. MAIN STREET FINDLAY OH 45840
Mplx Gp Llc director, 10 percent owner 200 E. HARDIN STREET FINDLAY OH 45840
Mplx Logistics Holdings Llc other: Less than 10% owner 200 E. HARDIN STREET FINDLAY OH 45840
Tesoro Logistics Gp, Llc other: Less than 10% owner 200 E. HARDIN STREET FINDLAY OH 45840
Marathon Petroleum Corp director, 10 percent owner 539 SOUTH MAIN STREET FINDLAY OH 45840-3229
Western Refining, Inc. 10 percent owner 539 SOUTH MAIN STREET FINDLAY OH 45840-3229
Tesoro Refining & Marketing Co Llc other: Less than 10% owner 539 SOUTH MAIN STREET FINDLAY OH 45840-3229

MPLX LP Headlines

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