MPLX LP vs Micron Technology, Inc. — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Micron Technology, Inc. trades at $979.5 (market cap $977.44B). The key difference: Micron Technology, Inc. is far larger — about 16.9× MPLX LP's market cap, and MPLX LP pays the higher dividend (7.54%). Which is the better fit depends on your goals.
| MPLX | MU | |
|---|---|---|
Market Cap | $57.97B | $977.44B |
Sector | Technology | Technology |
52-Week High | $59.17 | $1.21K |
52-Week Low | $47.80 | $104.88 |
Enterprise Value | $82.60B | $957.80B |
Dividend Yield | 7.54% | 0.06% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.
Read more on MU →