ENLC vs. MPLX
Compare and contrast key facts about EnLink Midstream, LLC (ENLC) and MPLX LP (MPLX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENLC or MPLX.
Correlation
The correlation between ENLC and MPLX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ENLC vs. MPLX - Performance Comparison
Key characteristics
ENLC:
0.59
MPLX:
2.72
ENLC:
0.99
MPLX:
3.79
ENLC:
1.13
MPLX:
1.48
ENLC:
0.32
MPLX:
3.53
ENLC:
3.14
MPLX:
16.31
ENLC:
4.74%
MPLX:
2.31%
ENLC:
25.06%
MPLX:
13.85%
ENLC:
-97.77%
MPLX:
-85.72%
ENLC:
-33.37%
MPLX:
-10.69%
Fundamentals
ENLC:
$6.55B
MPLX:
$48.60B
ENLC:
$0.22
MPLX:
$4.24
ENLC:
65.09
MPLX:
11.25
ENLC:
-113.19
MPLX:
2.27
ENLC:
$6.67B
MPLX:
$10.91B
ENLC:
$1.08B
MPLX:
$4.95B
ENLC:
$1.29B
MPLX:
$6.10B
Returns By Period
In the year-to-date period, ENLC achieves a 17.89% return, which is significantly lower than MPLX's 36.63% return. Over the past 10 years, ENLC has underperformed MPLX with an annualized return of -1.83%, while MPLX has yielded a comparatively higher 5.03% annualized return.
ENLC
17.89%
-11.67%
6.78%
15.89%
26.77%
-1.83%
MPLX
36.63%
-3.21%
16.76%
38.17%
24.79%
5.03%
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Risk-Adjusted Performance
ENLC vs. MPLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for EnLink Midstream, LLC (ENLC) and MPLX LP (MPLX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ENLC vs. MPLX - Dividend Comparison
ENLC's dividend yield for the trailing twelve months is around 3.86%, less than MPLX's 7.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENLC EnLink Midstream, LLC | 3.86% | 4.11% | 3.67% | 5.46% | 12.67% | 18.27% | 11.17% | 5.80% | 5.35% | 6.53% | 2.19% | 1.36% |
MPLX MPLX LP | 7.60% | 8.65% | 8.80% | 11.30% | 12.71% | 10.42% | 8.22% | 6.23% | 5.86% | 4.33% | 1.83% | 2.32% |
Drawdowns
ENLC vs. MPLX - Drawdown Comparison
The maximum ENLC drawdown since its inception was -97.77%, which is greater than MPLX's maximum drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for ENLC and MPLX. For additional features, visit the drawdowns tool.
Volatility
ENLC vs. MPLX - Volatility Comparison
EnLink Midstream, LLC (ENLC) and MPLX LP (MPLX) have volatilities of 7.10% and 6.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ENLC vs. MPLX - Financials Comparison
This section allows you to compare key financial metrics between EnLink Midstream, LLC and MPLX LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities