Live Nation Entertainment, Inc. vs Phillips 66 — how do they compare? Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B), while Phillips 66 trades at $223.5 (market cap $89.52B). The key difference: Phillips 66 is far larger — about 2.1× Live Nation Entertainment, Inc.'s market cap, and Phillips 66 pays a 2.26% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | PSX | |
|---|---|---|
Market Cap | $42.71B | $89.52B |
Sector | Industrials | Energy |
52-Week High | $186.59 | $224.36 |
52-Week Low | $125.61 | $120.04 |
Enterprise Value | $44.92B | $105.99B |
Dividend Yield | — | 2.26% |
Trailing returns across standard periods
Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, after converting its 255 mb/d Alliance refinery to a terminal. The midstream segment comprises extensive transportation and NGL processing assets. It also includes its DCP Midstream joint venture, which holds 45 natural gas processing facilities, 11 NGL fractionation plants, and a natural gas pipeline system with 58,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
Read more on PSX →