MPLX (MPLX) vs Viper Energy (VNOM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
MPLX (MPLX) has outperformed Viper Energy (VNOM) over the past year, gaining 16.6% versus a gain of 13.6%. Over five years, MPLX leads with a +80.9% price change compared with +79.1% for VNOM. MPLX is the larger company by market cap ($57.08 billion vs $15.44 billion), about 3.7 times the size, while Viper Energy is growing revenue faster (+62.0% vs +8.9%).
On valuation, MPLX trades at a lower forward P/E (11.7x vs 17.0x for Viper Energy). MPLX offers the higher dividend yield (7.65% vs 5.70%). MPLX converts more of its revenue into profit, with a net margin of 38.1% versus -4.9%.
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 | MPLX | VNOM |
|---|---|---|
| Share price | $56.30 | $42.99 |
| Market cap | $57.08B | $15.44B |
| 1-day change | -1.78% | +0.84% |
| YTD return | +5.49% | +11.29% |
| 1-year return | +16.59% | +13.64% |
| 5-year return | +80.91% | +79.13% |
| P/E ratio (TTM) | 12.11 | — |
| Forward P/E | 11.68 | 17.05 |
| EPS (TTM) | $4.65 | $0.02 |
| Dividend yield | 7.65% | 5.70% |
| Annual dividend | $4.31 | $2.45 |
| Revenue (latest FY) | $13.00B | $1.40B |
| Revenue growth (YoY) | +8.92% | +62.02% |
| Net income (latest FY) | $4.95B | $-68.00M |
| Operating margin | 45.72% | -10.04% |
| Net margin | 38.10% | -4.87% |
| 52-week high | $60.95 | $51.13 |
| 52-week low | $47.80 | $35.10 |
| Distance from 52-week high | -7.63% | -15.92% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +11.63% | +27.82% |
| Average volume | 1.40M | 1.72M |
| Shares outstanding | 1.01B | 194.41M |
| Sector | Energy | Energy |
| Industry | Natural Gas Distribution | Oil & Gas Production |
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 is about 3.7 times larger than Viper Energy by market value ($57.08B vs $15.44B).
- MPLX offers a meaningfully higher dividend yield (7.65% vs 5.70%).
- MPLX is more profitable, keeping 38.1 cents of every revenue dollar as net income versus -4.9 cents for Viper Energy.
- Viper Energy grew revenue faster in its latest fiscal year (+62.02% vs +8.92%).
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
About Viper Energy
VNOM stock →Viper Energy, Inc. owns, acquires, and exploits oil and natural gas properties in North America.
Energy · Oil & Gas Production
MPLX vs VNOM FAQ
Which is bigger, MPLX or Viper Energy?
MPLX (MPLX) is larger, with a market capitalization of $57.08B compared with $15.44B for Viper Energy (VNOM).
Which stock has performed better over the past year, MPLX or VNOM?
MPLX returned +16.59% over the past 12 months, compared with +13.64% for VNOM (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, MPLX or Viper Energy?
MPLX has the higher yield at 7.65%, compared with 5.70% for Viper Energy.
Are MPLX and Viper Energy in the same industry?
Both are in the Energy sector, but in different industries: Natural Gas Distribution for MPLX and Oil & Gas Production for Viper Energy.