Monster Beverage Corp vs MPLX LP — how do they compare? Monster Beverage Corp trades at $94.47 (market cap $93.35B), while MPLX LP trades at $56.75 (market cap $57.97B). The key difference: Monster Beverage Corp is the larger of the two by market cap, and MPLX LP pays a 7.54% dividend while Monster Beverage Corp pays none. Which is the better fit depends on your goals.
| MNST | MPLX | |
|---|---|---|
Market Cap | $93.35B | $57.97B |
Sector | Consumer Staples | Technology |
52-Week High | $99.94 | $59.17 |
52-Week Low | $58.75 | $47.80 |
Enterprise Value | $91.65B | $82.60B |
Dividend Yield | — | 7.54% |
Trailing returns across standard periods
Latest headlines on both assets
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →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 →