MPLX LP vs Wheaton Precious Metals Corp — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: MPLX LP is the larger of the two by market cap, and MPLX LP pays the higher dividend (7.54%). Which is the better fit depends on your goals.
| MPLX | WPM | |
|---|---|---|
Market Cap | $57.97B | $46.54B |
Sector | Technology | Basic Materials |
52-Week High | $59.17 | $165.72 |
52-Week Low | $47.80 | $91.00 |
Enterprise Value | $82.60B | $44.39B |
Dividend Yield | 7.54% | 0.75% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →