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MPLX vs. WES
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between MPLX and WES 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.


-0.50.00.51.0
Correlation: 0.3

Performance

MPLX vs. WES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MPLX LP (MPLX) and Western Midstream Partners, LP (WES). The values are adjusted to include any dividend payments, if applicable.

200.00%250.00%300.00%350.00%NovemberDecember2025FebruaryMarchApril
332.68%
205.56%
MPLX
WES

Key characteristics

Sharpe Ratio

MPLX:

1.91

WES:

0.72

Sortino Ratio

MPLX:

2.56

WES:

1.10

Omega Ratio

MPLX:

1.35

WES:

1.14

Calmar Ratio

MPLX:

2.56

WES:

1.17

Martin Ratio

MPLX:

9.96

WES:

3.24

Ulcer Index

MPLX:

3.74%

WES:

6.00%

Daily Std Dev

MPLX:

19.56%

WES:

27.24%

Max Drawdown

MPLX:

-85.72%

WES:

-93.66%

Current Drawdown

MPLX:

-3.82%

WES:

-7.52%

Fundamentals

Market Cap

MPLX:

$53.74B

WES:

$14.94B

EPS

MPLX:

$4.21

WES:

$4.02

PE Ratio

MPLX:

12.48

WES:

9.66

PEG Ratio

MPLX:

2.06

WES:

5.48

PS Ratio

MPLX:

4.83

WES:

4.14

PB Ratio

MPLX:

3.90

WES:

4.62

Total Revenue (TTM)

MPLX:

$8.35B

WES:

$2.72B

Gross Profit (TTM)

MPLX:

$3.71B

WES:

$1.78B

EBITDA (TTM)

MPLX:

$4.70B

WES:

$1.72B

Returns By Period

In the year-to-date period, MPLX achieves a 11.88% return, which is significantly higher than WES's 3.21% return. Over the past 10 years, MPLX has outperformed WES with an annualized return of 4.45%, while WES has yielded a comparatively lower 2.32% annualized return.


MPLX

YTD

11.88%

1M

-2.09%

6M

24.42%

1Y

35.75%

5Y*

39.46%

10Y*

4.45%

WES

YTD

3.21%

1M

-5.43%

6M

5.66%

1Y

18.56%

5Y*

52.62%

10Y*

2.32%

*Annualized

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Risk-Adjusted Performance

MPLX vs. WES — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MPLX
The Risk-Adjusted Performance Rank of MPLX is 9494
Overall Rank
The Sharpe Ratio Rank of MPLX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of MPLX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of MPLX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of MPLX is 9696
Calmar Ratio Rank
The Martin Ratio Rank of MPLX is 9595
Martin Ratio Rank

WES
The Risk-Adjusted Performance Rank of WES is 7676
Overall Rank
The Sharpe Ratio Rank of WES is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of WES is 6969
Sortino Ratio Rank
The Omega Ratio Rank of WES is 6767
Omega Ratio Rank
The Calmar Ratio Rank of WES is 8787
Calmar Ratio Rank
The Martin Ratio Rank of WES is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for MPLX, currently valued at 1.91, compared to the broader market-2.00-1.000.001.002.003.00
MPLX: 1.91
WES: 0.72
The chart of Sortino ratio for MPLX, currently valued at 2.56, compared to the broader market-6.00-4.00-2.000.002.004.00
MPLX: 2.56
WES: 1.10
The chart of Omega ratio for MPLX, currently valued at 1.35, compared to the broader market0.501.001.502.00
MPLX: 1.35
WES: 1.14
The chart of Calmar ratio for MPLX, currently valued at 2.56, compared to the broader market0.001.002.003.004.005.00
MPLX: 2.56
WES: 1.17
The chart of Martin ratio for MPLX, currently valued at 9.96, compared to the broader market-5.000.005.0010.0015.0020.00
MPLX: 9.96
WES: 3.24

The current MPLX Sharpe Ratio is 1.91, which is higher than the WES Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of MPLX and WES, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.91
0.72
MPLX
WES

Dividends

MPLX vs. WES - Dividend Comparison

MPLX's dividend yield for the trailing twelve months is around 6.88%, less than WES's 9.02% yield.


TTM20242023202220212020201920182017201620152014
MPLX
MPLX LP
6.88%7.33%8.65%8.80%11.30%12.71%10.42%8.22%6.23%5.86%4.33%1.83%
WES
Western Midstream Partners, LP
9.02%8.33%8.52%6.80%5.69%11.25%12.45%8.28%5.44%4.04%3.86%1.73%

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.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-3.82%
-7.52%
MPLX
WES

Volatility

MPLX vs. WES - Volatility Comparison

The current volatility for MPLX LP (MPLX) is 11.42%, while Western Midstream Partners, LP (WES) has a volatility of 14.03%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
11.42%
14.03%
MPLX
WES

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items