ETRN vs. MPLX
Compare and contrast key facts about Equitrans Midstream Corporation (ETRN) and MPLX LP (MPLX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETRN or MPLX.
Correlation
The correlation between ETRN and MPLX is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ETRN vs. MPLX - Performance Comparison
Key characteristics
Fundamentals
ETRN:
$5.43B
MPLX:
$53.74B
ETRN:
$0.90
MPLX:
$4.21
ETRN:
13.80
MPLX:
12.48
ETRN:
0.60
MPLX:
2.06
ETRN:
3.81
MPLX:
4.83
ETRN:
5.10
MPLX:
3.90
ETRN:
$361.60M
MPLX:
$8.35B
ETRN:
$272.20M
MPLX:
$3.71B
Returns By Period
ETRN
N/A
N/A
N/A
N/A
N/A
N/A
MPLX
11.60%
-2.98%
24.56%
35.41%
36.02%
4.69%
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Risk-Adjusted Performance
ETRN vs. MPLX — Risk-Adjusted Performance Rank
ETRN
MPLX
ETRN vs. MPLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Equitrans Midstream Corporation (ETRN) 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
ETRN vs. MPLX - Dividend Comparison
ETRN has not paid dividends to shareholders, while MPLX's dividend yield for the trailing twelve months is around 6.89%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETRN Equitrans Midstream Corporation | 1.21% | 2.42% | 5.89% | 8.96% | 5.80% | 11.19% | 13.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MPLX MPLX LP | 6.89% | 7.33% | 8.65% | 8.80% | 11.30% | 12.71% | 10.42% | 8.22% | 6.23% | 5.86% | 4.33% | 1.83% |
Drawdowns
ETRN vs. MPLX - Drawdown Comparison
Volatility
ETRN vs. MPLX - Volatility Comparison
The current volatility for Equitrans Midstream Corporation (ETRN) is 0.00%, while MPLX LP (MPLX) has a volatility of 11.42%. This indicates that ETRN experiences smaller price fluctuations and is considered to be less risky than MPLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ETRN vs. MPLX - Financials Comparison
This section allows you to compare key financial metrics between Equitrans Midstream Corporation 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