Compare · ET vs MPLX
ET vs MPLX
Side-by-side comparison of Energy Transfer L.P. (ET) and MPLX LP (MPLX): market cap, price performance, sector, and recent activity on the wire.
Summary
- ET operates in Public Utilities, while MPLX operates in Energy - the two are in different parts of the market.
- ET is the larger of the two at $69.21B, about 1.2x MPLX ($57.91B).
- Over the past year, ET is up 23.2% and MPLX is up 18.9% - ET leads by 4.3 points.
- ET has hit the wire 11 times in the past 4 weeks while MPLX has been quiet.
- MPLX has more recent analyst coverage (24 ratings vs 22 for ET).
- Company
- Energy Transfer L.P.
- MPLX LP
- Price
- $20.27+1.40%
- $58.17+1.82%
- Market cap
- $69.21B
- $57.91B
- 1M return
- -3.75%
- -0.78%
- 1Y return
- +23.22%
- +18.87%
- Industry
- Natural Gas Distribution
- Natural Gas Distribution
- Exchange
- NYSE
- NYSE
- IPO
- 1996
- 2012
- News (4w)
- 11
- 0
- Recent ratings
- 22
- 24
Energy Transfer L.P.
Energy Transfer LP provides energy-related services. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and 12,340 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. In addition, the company owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transports and supplies water to natural gas producers in Pennsylvania. Further, it owns approximately 4,823 miles of NGL pipelines; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminals with an aggregate storage capacity of approximately 17 MMBbls. Additionally, the company sells gasoline, middle distillates, and motor fuel at retail, as well as crude oil, NGLs, and refined products; operates convenience stores; and distributes motor fuels and other petroleum products. It provides natural gas compression services; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
MPLX LP
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; transportation, storage, distribution, and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. Its pipeline network located throughout the United States and Alaska; storage caverns consist of butane, propane, and liquefied petroleum gas storage with locations in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico; and marine business owns and operates boats and barges, including third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. In addition, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Further, the company operates terminal facilities for the receipt, storage, blending, adultization, handling, and redelivery of refined petroleum products located throughout the continental United States and Alaska. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is based in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.
Latest ET
- Four Energy Deals in Four Days as Brent Holds Above $100
- SEC Form S-3DPOS filed by Energy Transfer L.P.
- Energy Transfer to Acquire Vaquero Midstream in a $2.625 Billion Transaction
- Energy Transfer Announces Third Quarter 2026 Earnings Release and Earnings Call Timing
- Sunoco LP and SunocoCorp LLC Announce Third Quarter 2026 Earnings Release and Call Timing
- SEC Form CERT filed by Energy Transfer L.P.
- SEC Form 25 filed by Energy Transfer L.P.
- SEC Form 8-A12B filed by Energy Transfer L.P.
- SEC Form SD filed by Energy Transfer L.P.
- CapitalOne initiated coverage on Energy Transfer with a new price target
Latest MPLX
- MPLX LP to Report Third-Quarter Results on November 3, 2026
- Stifel resumed coverage on MPLX LP with a new price target
- SEC Form 8-K filed by MPLX LP
- Director Peiffer Garry L. was granted 1,232 units of Common Units, increasing direct ownership by 2% to 69,313 units (SEC Form 4)
- Director Walker Ray N Jr was granted 82 units of Common Units, increasing direct ownership by 2% to 4,609 units (SEC Form 4)
- Director Surma John P was granted 1,563 units of Common Units, increasing direct ownership by 2% to 95,448 units (SEC Form 4)
- Director Stice J Michael was granted 983 units of Common Units, increasing direct ownership by 2% to 58,413 units (SEC Form 4)
- Director Semple Frank M was granted 1,073 units of Common Units, increasing direct ownership by 2% to 63,476 units (SEC Form 4)
- Director Helms Christopher A was granted 1,337 units of Common Units, increasing direct ownership by 2% to 86,208 units (SEC Form 4)
- Director Breves Christine S was granted 219 units of Common Units, increasing direct ownership by 1% to 15,038 units (SEC Form 4)