MPLX LP vs Energy Select Sector SPDR Fund — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Energy Select Sector SPDR Fund trades at $58.54. The key difference: MPLX LP pays a 7.54% dividend while Energy Select Sector SPDR Fund pays none. Which is the better fit depends on your goals.
| MPLX | XLE | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | — |
52-Week High | $59.17 | $62.57 |
52-Week Low | $47.80 | $42.12 |
Enterprise Value | $82.60B | — |
Dividend Yield | 7.54% | — |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.
Read more on XLE →