MGM Resorts International vs Phillips 66 — how do they compare? MGM Resorts International trades at $44.04 (market cap $11.10B), while Phillips 66 trades at $223.5 (market cap $89.52B). The key difference: Phillips 66 is far larger — about 8.1× MGM Resorts International's market cap, and Phillips 66 pays the higher dividend (2.26%). Which is the better fit depends on your goals.
| MGM | PSX | |
|---|---|---|
Market Cap | $11.10B | $89.52B |
Sector | Consumer Cyclical | Energy |
52-Week High | $50.69 | $224.36 |
52-Week Low | $30.72 | $120.04 |
Enterprise Value | $38.40B | $105.99B |
Dividend Yield | 0.03% | 2.26% |
Trailing returns across standard periods
Latest headlines on both assets
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →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 →