Cheniere Energy Partners (CQP) vs MPLX (MPLX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Cheniere Energy Partners (CQP) has outperformed MPLX (MPLX) over the past year, gaining 18.2% versus a gain of 17.7%. Over five years, MPLX leads with a +85.6% price change compared with +46.7% for CQP. MPLX is the larger company by market cap ($58.04 billion vs $30.70 billion), about 1.9 times the size, while Cheniere Energy Partners is growing revenue faster (+23.6% vs +8.9%).
On valuation, MPLX trades at a lower forward P/E (11.9x vs 13.5x for Cheniere Energy Partners). MPLX offers the higher dividend yield (7.52% vs 5.16%). MPLX converts more of its revenue into profit, with a net margin of 38.1% versus 27.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CQP | MPLX |
|---|---|---|
| Share price | $63.43 | $57.25 |
| Market cap | $30.70B | $58.04B |
| 1-day change | -0.02% | +0.35% |
| YTD return | +19.61% | +8.24% |
| 1-year return | +18.16% | +17.66% |
| 5-year return | +46.72% | +85.64% |
| P/E ratio (TTM) | 11.51 | 12.31 |
| Forward P/E | 13.53 | 11.88 |
| EPS (TTM) | $5.51 | $4.65 |
| Dividend yield | 5.16% | 7.52% |
| Annual dividend | $3.27 | $4.31 |
| Revenue (latest FY) | $10.76B | $13.00B |
| Revenue growth (YoY) | +23.60% | +8.92% |
| Net income (latest FY) | $2.99B | $4.95B |
| Gross margin | 52.18% | — |
| Operating margin | 34.45% | 45.72% |
| Net margin | 27.77% | 38.10% |
| 52-week high | $71.25 | $60.95 |
| 52-week low | $49.53 | $47.80 |
| Distance from 52-week high | -10.98% | -6.07% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | -5.41% | +9.78% |
| Average volume | 114.83K | 1.40M |
| Shares outstanding | 484.06M | 1.01B |
| Sector | Utilities | Energy |
| Industry | Oil/Gas Transmission | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MPLX offers a meaningfully higher dividend yield (7.52% vs 5.16%).
- MPLX is more profitable, keeping 38.1 cents of every revenue dollar as net income versus 27.8 cents for Cheniere Energy Partners.
- Cheniere Energy Partners grew revenue faster in its latest fiscal year (+23.60% vs +8.92%).
- The two companies sit in different sectors: Cheniere Energy Partners in Utilities and MPLX in Energy.
About Cheniere Energy Partners
CQP stock →Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies in the United States and internationally. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana.
Utilities · Oil/Gas Transmission
About MPLX
MPLX stock →MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services.
Energy · Natural Gas Distribution
CQP vs MPLX FAQ
Which is bigger, Cheniere Energy Partners or MPLX?
MPLX (MPLX) is larger, with a market capitalization of $58.04B compared with $30.70B for Cheniere Energy Partners (CQP).
Which stock has performed better over the past year, CQP or MPLX?
CQP returned +18.16% over the past 12 months, compared with +17.66% for MPLX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CQP or MPLX?
CQP has the lower trailing P/E at 11.5, versus 12.3 for MPLX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Cheniere Energy Partners or MPLX?
MPLX has the higher yield at 7.52%, compared with 5.16% for Cheniere Energy Partners.
Are Cheniere Energy Partners and MPLX in the same industry?
No. Cheniere Energy Partners is in the Utilities sector, while MPLX is in Energy.