MPLX LP vs Occidental Petroleum Corporation — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Occidental Petroleum Corporation trades at $56.41 (market cap $54.89B). The key difference: MPLX LP and Occidental Petroleum Corporation are close in size by market cap, and MPLX LP pays the higher dividend (7.54%). Which is the better fit depends on your goals.
| MPLX | OXY | |
|---|---|---|
Market Cap | $57.97B | $54.89B |
Sector | Technology | Energy |
52-Week High | $59.17 | $66.24 |
52-Week Low | $47.80 | $38.92 |
Enterprise Value | $82.60B | $75.98B |
Dividend Yield | 7.54% | 1.88% |
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 →Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2021, the company reported net proved reserves of 3.5 billion barrels of oil equivalent. Net production averaged 1,174 thousand barrels of oil equivalent per day in 2021 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
Read more on OXY →