Compare · EPD vs MPLX
EPD vs MPLX
Side-by-side comparison of Enterprise Products Partners L.P. (EPD) and MPLX LP (MPLX): market cap, price performance, sector, and recent activity on the wire.
Summary
- EPD operates in Utilities, while MPLX operates in Energy - the two are in different parts of the market.
- EPD is the larger of the two at $81.80B, about 1.4x MPLX ($57.31B).
- Over the past year, EPD is up 19.3% and MPLX is up 10.8% - EPD leads by 8.5 points.
- MPLX has been more active in the news (7 items in the past 4 weeks vs 1 for EPD).
- EPD has more recent analyst coverage (25 ratings vs 22 for MPLX).
Enterprise Products Partners L.P.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates 21 natural gas processing facilities located in Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming; NGL pipelines; NGL fractionation facilities; NGL and related product storage facilities; and NGL marine terminals. The Crude Oil Pipelines & Services segment operates crude oil pipelines; and crude oil storage and marine terminals, which include a fleet of 310 tractor-trailer tank trucks that are used to transport liquefied petroleum gas. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates natural gas pipeline systems to gather, treat, and transport natural gas. It leases underground salt dome natural gas storage facilities in Napoleonville, Louisiana; owns an underground salt dome storage cavern in Wharton County, Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related marketing activities; butane isomerization complex and related deisobutanizer units; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines and terminals; and ethylene export terminals, as well as provides refined products marketing and marine transportation services. The company was founded in 1968 and is headquartered in Houston, 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 EPD
- Enterprise to Participate in Conferences
- SEC Form 10-Q filed by Enterprise Products Partners L.P.
- Enterprise Products Partners L.P. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Enterprise Reports First Quarter 2026 Earnings
- Enterprise Declares Quarterly Distribution; Enterprise to Host Calls on Annual Supply Appraisal Forecast and First Quarter 2026 Earnings
- Enterprise Products Partners L.P. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
- Enterprise Products upgraded by Wells Fargo with a new price target
- Truist initiated coverage on Enterprise Products with a new price target
- SEC Form 4 filed by Teague Aj
- Enterprise Products Partners L.P. 2025 Letter to Investors Now Available
Latest MPLX
- Director Walker Ray N Jr was granted 78 units of Common Units, increasing direct ownership by 2% to 4,069 units (SEC Form 4)
- Director Surma John P was granted 1,656 units of Common Units, increasing direct ownership by 2% to 93,426 units (SEC Form 4)
- Director Stice J Michael was granted 1,098 units of Common Units, increasing direct ownership by 2% to 56,973 units (SEC Form 4)
- Director Semple Frank M was granted 1,194 units of Common Units, increasing direct ownership by 2% to 61,946 units (SEC Form 4)
- Director Peiffer Garry L. was granted 1,304 units of Common Units, increasing direct ownership by 2% to 67,623 units (SEC Form 4)
- Director Helms Christopher A was granted 1,415 units of Common Units, increasing direct ownership by 2% to 84,413 units (SEC Form 4)
- Director Breves Christine S was granted 277 units of Common Units, increasing direct ownership by 2% to 14,361 units (SEC Form 4)
- Kayne Anderson Energy Infrastructure Fund Announces Appointment of Michael J. Hennigan as New Independent Director
- Marathon Petroleum Corp. names Brian Worthington vice president, Investor Relations; Kristina Kazarian to become vice president, Finance and Treasurer
- SEC Form S-3ASR filed by MPLX LP