MPLX vs. WES
Compare and contrast key facts about MPLX LP (MPLX) and Western Midstream Partners, LP (WES).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MPLX or WES.
Performance
MPLX vs. WES - Performance Comparison
Returns By Period
In the year-to-date period, MPLX achieves a 40.12% return, which is significantly lower than WES's 42.72% return. Over the past 10 years, MPLX has outperformed WES with an annualized return of 4.65%, while WES has yielded a comparatively lower 2.12% annualized return.
MPLX
40.12%
8.94%
21.87%
43.20%
28.80%
4.65%
WES
42.72%
-0.64%
5.05%
50.32%
25.72%
2.12%
Fundamentals
| MPLX | WES | |
|---|---|---|
| Market Cap | $46.87B | $13.78B |
| EPS | $4.24 | $3.91 |
| PE Ratio | 10.85 | 9.26 |
| PEG Ratio | 2.21 | 5.48 |
| Total Revenue (TTM) | $11.11B | $3.53B |
| Gross Profit (TTM) | $6.30B | $2.06B |
| EBITDA (TTM) | $5.88B | $2.02B |
Key characteristics
| MPLX | WES | |
|---|---|---|
| Sharpe Ratio | 3.65 | 1.89 |
| Sortino Ratio | 5.21 | 2.77 |
| Omega Ratio | 1.65 | 1.34 |
| Calmar Ratio | 5.58 | 2.21 |
| Martin Ratio | 25.69 | 9.03 |
| Ulcer Index | 1.75% | 5.30% |
| Daily Std Dev | 12.30% | 25.35% |
| Max Drawdown | -85.72% | -93.66% |
| Current Drawdown | 0.00% | -6.50% |
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Correlation
The correlation between MPLX and WES 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.
Risk-Adjusted Performance
MPLX vs. WES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MPLX LP (MPLX) and Western Midstream Partners, LP (WES). 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
MPLX vs. WES - Dividend Comparison
MPLX's dividend yield for the trailing twelve months is around 7.41%, less than WES's 8.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPLX MPLX LP | 7.41% | 8.65% | 8.80% | 11.30% | 12.71% | 10.42% | 8.22% | 6.23% | 5.86% | 4.33% | 1.83% | 2.32% |
WES Western Midstream Partners, LP | 8.38% | 8.52% | 6.80% | 5.69% | 11.25% | 12.45% | 8.25% | 5.44% | 4.04% | 3.86% | 1.73% | 1.59% |
Drawdowns
MPLX vs. WES - Drawdown Comparison
The maximum MPLX drawdown since its inception was -85.72%, smaller than the maximum WES drawdown of -93.66%. Use the drawdown chart below to compare losses from any high point for MPLX and WES. For additional features, visit the drawdowns tool.
Volatility
MPLX vs. WES - Volatility Comparison
The current volatility for MPLX LP (MPLX) is 4.90%, while Western Midstream Partners, LP (WES) has a volatility of 7.44%. This indicates that MPLX experiences smaller price fluctuations and is considered to be less risky than WES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
MPLX vs. WES - Financials Comparison
This section allows you to compare key financial metrics between MPLX LP and Western Midstream Partners, 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