MPLX LP vs Warner Music Group Corp — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Warner Music Group Corp trades at $28.2 (market cap $14.64B). The key difference: MPLX LP is far larger — about 4× Warner Music Group Corp's market cap, and MPLX LP pays the higher dividend (7.54%). Which is the better fit depends on your goals.
| MPLX | WMG | |
|---|---|---|
Market Cap | $57.97B | $14.64B |
Sector | Technology | Media |
52-Week High | $59.17 | $34.72 |
52-Week Low | $47.80 | $23.65 |
Enterprise Value | $82.60B | $18.84B |
Dividend Yield | 7.54% | 2.71% |
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 →Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →