MPLX LP vs Tencent Music Entertainment Group - ADR — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: MPLX LP is far larger — about 3.8× Tencent Music Entertainment Group - ADR's market cap, and MPLX LP pays the higher dividend (7.54%). Which is the better fit depends on your goals.
| MPLX | TME | |
|---|---|---|
Market Cap | $57.97B | $15.08B |
Sector | Technology | Media |
52-Week High | $59.17 | $26.36 |
52-Week Low | $47.80 | $8.16 |
Enterprise Value | $82.60B | $11.85B |
Dividend Yield | 7.54% | 2.62% |
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 →TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
Read more on TME →