Compare · ENB vs MPLX
ENB vs MPLX
Side-by-side comparison of Enbridge Inc (ENB) and MPLX LP (MPLX): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both ENB and MPLX operate in Natural Gas Distribution (Energy), so they compete in similar markets.
- ENB is the larger of the two at $122.96B, about 2.1x MPLX ($57.31B).
- Over the past year, ENB is up 22.9% and MPLX is up 10.8% - ENB leads by 12.2 points.
- MPLX has been more active in the news (7 items in the past 4 weeks vs 4 for ENB).
- ENB has more recent analyst coverage (25 ratings vs 22 for MPLX).
Enbridge Inc
Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
MPLX LP
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; transportation, storage, distribution, and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. Its pipeline network located throughout the United States and Alaska; storage caverns consist of butane, propane, and liquefied petroleum gas storage with locations in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico; and marine business owns and operates boats and barges, including third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. In addition, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Further, the company operates terminal facilities for the receipt, storage, blending, adultization, handling, and redelivery of refined petroleum products located throughout the continental United States and Alaska. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is based in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.
Latest ENB
- Enbridge Publishes 2025 Sustainability Report
- SEC Form F-X filed by Enbridge Inc
- SEC Form CB filed by Enbridge Inc
- Enbridge Inc. and Enbridge Pipelines Inc. Announce Debt Exchange Proposal
- SEC Form 10-Q filed by Enbridge Inc
- Enbridge Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Enbridge Reports Strong First Quarter Results, Reaffirms 2026 Financial Guidance, and Grows Secured Backlog to $40 Billion
- Enbridge Inc filed SEC Form 8-K: Entry into a Material Definitive Agreement, Material Modification to Rights of Security Holders, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
- Enbridge Inc. Declares Quarterly Dividends
- Enbridge B.C. Natural Gas Pipeline Expansion Receives Federal Approval
Latest MPLX
- Director Walker Ray N Jr was granted 78 units of Common Units, increasing direct ownership by 2% to 4,069 units (SEC Form 4)
- Director Surma John P was granted 1,656 units of Common Units, increasing direct ownership by 2% to 93,426 units (SEC Form 4)
- Director Stice J Michael was granted 1,098 units of Common Units, increasing direct ownership by 2% to 56,973 units (SEC Form 4)
- Director Semple Frank M was granted 1,194 units of Common Units, increasing direct ownership by 2% to 61,946 units (SEC Form 4)
- Director Peiffer Garry L. was granted 1,304 units of Common Units, increasing direct ownership by 2% to 67,623 units (SEC Form 4)
- Director Helms Christopher A was granted 1,415 units of Common Units, increasing direct ownership by 2% to 84,413 units (SEC Form 4)
- Director Breves Christine S was granted 277 units of Common Units, increasing direct ownership by 2% to 14,361 units (SEC Form 4)
- Kayne Anderson Energy Infrastructure Fund Announces Appointment of Michael J. Hennigan as New Independent Director
- Marathon Petroleum Corp. names Brian Worthington vice president, Investor Relations; Kristina Kazarian to become vice president, Finance and Treasurer
- SEC Form S-3ASR filed by MPLX LP