Consolidated Edison, Inc. vs MPLX LP — how do they compare? Consolidated Edison, Inc. trades at $111.99 (market cap $40.65B), while MPLX LP trades at $56.55 (market cap $57.24B). The key difference: MPLX LP is the larger of the two by market cap, and MPLX LP pays the higher dividend (7.63%). Which is the better fit depends on your goals.
| ED | MPLX | |
|---|---|---|
Market Cap | $40.65B | $57.24B |
Sector | Utilities | Technology |
52-Week High | $115.46 | $59.17 |
52-Week Low | $95.37 | $47.80 |
Enterprise Value | $67.68B | $81.87B |
Dividend Yield | 3.15% | 7.63% |
Trailing returns across standard periods
Latest headlines on both assets
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →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 →