Air Products & Chemicals, Inc. vs MPLX LP — how do they compare? Air Products & Chemicals, Inc. trades at $308.56 (market cap $68.88B), while MPLX LP trades at $59.35 (market cap $60.12B). The key difference: Air Products & Chemicals, Inc. and MPLX LP are close in size by market cap, and MPLX LP pays the higher dividend (7.26%). Which is the better fit depends on your goals.
| APD | MPLX | |
|---|---|---|
Market Cap | $68.88B | $60.12B |
Sector | Basic Materials | Technology |
52-Week High | $314.19 | $60.51 |
52-Week Low | $230.42 | $47.80 |
Enterprise Value | $86.06B | $85.22B |
Dividend Yield | 2.34% | 7.26% |
Trailing returns across standard periods
Latest headlines on both assets
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $10.3 billion in revenue in fiscal 2021.
Read more on APD →MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →