HESM vs. MPLX
Compare and contrast key facts about Hess Midstream LP (HESM) and MPLX LP (MPLX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HESM or MPLX.
Correlation
The correlation between HESM and MPLX is 0.48, 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
HESM vs. MPLX - Performance Comparison
Key characteristics
HESM:
1.31
MPLX:
2.72
HESM:
1.80
MPLX:
3.79
HESM:
1.24
MPLX:
1.48
HESM:
2.69
MPLX:
3.53
HESM:
6.36
MPLX:
16.31
HESM:
3.73%
MPLX:
2.31%
HESM:
18.06%
MPLX:
13.85%
HESM:
-75.16%
MPLX:
-85.72%
HESM:
-5.38%
MPLX:
-10.69%
Fundamentals
HESM:
$7.90B
MPLX:
$48.60B
HESM:
$2.36
MPLX:
$4.24
HESM:
15.35
MPLX:
11.25
HESM:
1.57
MPLX:
2.27
HESM:
$1.46B
MPLX:
$10.91B
HESM:
$911.30M
MPLX:
$4.95B
HESM:
$1.10B
MPLX:
$6.10B
Returns By Period
In the year-to-date period, HESM achieves a 22.41% return, which is significantly lower than MPLX's 36.63% return.
HESM
22.41%
-1.24%
3.57%
24.22%
19.83%
N/A
MPLX
36.63%
-3.21%
16.76%
38.17%
24.79%
5.03%
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Risk-Adjusted Performance
HESM vs. MPLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hess Midstream LP (HESM) 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
HESM vs. MPLX - Dividend Comparison
HESM's dividend yield for the trailing twelve months is around 7.36%, less than MPLX's 7.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HESM Hess Midstream LP | 7.36% | 7.50% | 7.30% | 6.93% | 8.86% | 6.89% | 8.00% | 2.93% | 0.00% | 0.00% | 0.00% | 0.00% |
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
HESM vs. MPLX - Drawdown Comparison
The maximum HESM drawdown since its inception was -75.16%, smaller than the maximum MPLX drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for HESM and MPLX. For additional features, visit the drawdowns tool.
Volatility
HESM vs. MPLX - Volatility Comparison
Hess Midstream LP (HESM) and MPLX LP (MPLX) have volatilities of 6.97% 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
HESM vs. MPLX - Financials Comparison
This section allows you to compare key financial metrics between Hess Midstream LP 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