MPLX LP vs NRG Energy Inc — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while NRG Energy Inc trades at $132.3 (market cap $27.55B). The key difference: MPLX LP is far larger — about 2.1× NRG Energy Inc's market cap, and MPLX LP pays the higher dividend (7.54%). Which is the better fit depends on your goals.
| MPLX | NRG | |
|---|---|---|
Market Cap | $57.97B | $27.55B |
Sector | Technology | Utilities |
52-Week High | $59.17 | $184.03 |
52-Week Low | $47.80 | $120.65 |
Enterprise Value | $82.60B | $51.38B |
Dividend Yield | 7.54% | 1.46% |
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 →NRG Energy is one of the largest retail energy providers in the U.S., with 7 million customers, including its 2021 acquisition of Direct Energy. It also is one of the largest U.S. independent power producers, with 16 gigawatts of nuclear, coal, gas, and oil power generation capacity primarily in Texas. Since 2018, NRG has divested its 47% stake in NRG Yield, among other renewable energy and conventional generation investments. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Read more on NRG →