Enbridge (ENB) 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
MPLX (MPLX) has outperformed Enbridge (ENB) over the past year, gaining 17.7% versus a loss of 7.2%. Over five years, MPLX leads with a +85.6% price change compared with +7.8% for ENB. Enbridge is the larger company by market cap ($103.95 billion vs $58.17 billion), about 1.8 times the size.
On valuation, MPLX trades at a lower forward P/E (11.9x vs 20.6x for Enbridge). Enbridge offers the higher dividend yield (8.21% vs 7.51%).
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 | ENB | MPLX |
|---|---|---|
| Share price | $46.64 | $57.37 |
| Market cap | $103.95B | $58.17B |
| 1-day change | +1.63% | +0.56% |
| YTD return | -4.06% | +8.24% |
| 1-year return | -7.20% | +17.66% |
| 5-year return | +7.82% | +85.64% |
| P/E ratio (TTM) | 24.94 | 12.34 |
| Forward P/E | 20.64 | 11.90 |
| EPS (TTM) | $1.87 | $4.65 |
| Dividend yield | 8.21% | 7.51% |
| Annual dividend | $3.83 | $4.31 |
| Revenue (latest FY) | — | $13.00B |
| Revenue growth (YoY) | — | +8.92% |
| Net income (latest FY) | — | $4.95B |
| Operating margin | — | 45.72% |
| Net margin | — | 38.10% |
| 52-week high | $58.45 | $60.95 |
| 52-week low | $45.03 | $47.80 |
| Distance from 52-week high | -20.21% | -5.87% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +9.54% | +9.55% |
| Average volume | 4.94M | 1.40M |
| Shares outstanding | 2.23B | 1.01B |
| Employees | 14,800 | — |
| Sector | Energy | Energy |
| Industry | Natural Gas Distribution | 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 has outperformed ENB by 24.9 percentage points over the past year.
- Enbridge trades at a higher earnings multiple (24.9x vs 12.3x trailing P/E).
About Enbridge
ENB stock →Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation.
Energy · Natural Gas Distribution · 14,800 employees
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
ENB vs MPLX FAQ
Which is bigger, Enbridge or MPLX?
Enbridge (ENB) is larger, with a market capitalization of $103.95B compared with $58.17B for MPLX (MPLX).
Which stock has performed better over the past year, ENB or MPLX?
MPLX returned +17.66% over the past 12 months, compared with -7.20% for ENB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ENB or MPLX?
MPLX has the lower trailing P/E at 12.3, versus 24.9 for ENB. 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, Enbridge or MPLX?
Enbridge has the higher yield at 8.21%, compared with 7.51% for MPLX.
Are Enbridge and MPLX in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Energy sector.