ET vs GLNG vs MPLX Stock Comparison

Energy Transfer, Golar Lng and Mplx Prices as of Nov 3, 2026 Peers: Industry group
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ET Energy Transfer LP
$20.10 -1.9% 1M +19.4% 1Y
Market cap
$67.04B
P/E
13.3x
Revenue (TTM)
$107.38B
Div. yield
0.07%
Oil and Gas Pipelines Energy
3 wins
GLNG Golar Lng Ltd
$45.63 -7.3% 1M +10.7% 1Y
Market cap
$4.60B
P/E
28.1x
Revenue (TTM)
$523.38M
Div. yield
–
LNG and Gas Processing Energy
4 wins
MPLX Mplx Lp
$57.48 +1.9% 1M +13.0% 1Y
Market cap
$56.85B
P/E
13.1x
Revenue (TTM)
$13.21B
Div. yield
0.08%
Oil and Gas Pipelines Energy
5 wins

Head to Head

12 decided of 12

Mplx leads on 5 of the 12 questions below (Mplx 5, Golar Lng 4, Energy Transfer 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionETGLNGMPLXLeader
Larger companyMarket capitalisation $67.04B $4.60B $56.85B ET
Cheaper on earningsLower P/E, profitable companies only 13.3x 28.1x 13.1x MPLX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.2x 41.1x 14.0x ET
Faster revenue growthRevenue growth, trailing twelve months +33.3% +109.6% +3.1% GLNG
More profitableNet margin, trailing twelve months 4.7% 31.3% 32.9% MPLX
Better return on capitalReturn on invested capital 8.4% 204.1% 13.6% GLNG
Less leveragedLower net debt / EBITDA 4.0x 5.3x 3.7x MPLX
Higher dividend yieldTrailing dividend yield 0.07% 0.00% 0.08% MPLX
Better 1-year returnPrice return, last 12 months +19.4% +10.7% +13.0% ET
Better 5-year returnAnnualised price return, 5 years +16.9%/yr +27.8%/yr +13.1%/yr GLNG
Less volatileAnnualised volatility, 1 year 17.8% 27.5% 17.5% MPLX
Higher overall scoreMean of the five percentile scores vs peers 60/100 66/100 58/100 GLNG

Percentile Scorecard

ETGLNGMPLX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisETGLNGMPLX
Valuation 94 #3 of 35 29 #25 of 35 38 #22 of 35
Growth 55 #16 of 34 94 #3 of 34 21 #27 of 34
Profitability 30 #24 of 34 82 #7 of 34 91 #4 of 34
Financial Health 53 #17 of 35 82 #7 of 35 71 #11 of 35
Shareholder Returns 70 #10 of 31 40 #19 of 31 67 #11 of 31
Overall 60 66 58
  • ET ranked among 35 companies in Oil and Gas Midstream
  • GLNG ranked among 35 companies in Oil and Gas Midstream
  • MPLX ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodETGLNGMPLXSPY
1 month -1.9%-7.3%+1.9% -2.0%
3 months -1.1%-7.7%-4.9% -2.2%
6 months -1.4%-20.1%+3.3% +4.2%
Year to date +21.9%+22.6%+7.7% +10.6%
1 year +19.4%+10.7%+13.0% +10.4%
3 years +47.1%+97.8%+59.4% +73.6%
3 years, per year +13.8%+25.5%+16.8% +20.2%
5 years +117.8%+240.3%+85.3% +61.6%
5 years, per year +16.9%+27.8%+13.1% +10.1%
10 years +43.5%+119.7%+79.9% +261.3%
10 years, per year +3.7%+8.2%+6.0% +13.7%

Risk

MeasureETGLNGMPLXSPY
Volatility, 1Y 17.8%27.5%17.5% 12.8%
Downside volatility, 1Y 17.2%27.7%18.5% 12.8%
Beta vs S&P 500, 1Y -0.210.15-0.05 1.00
Return / volatility, 1Y 1.090.390.74 0.81
Max drawdown, 5Y -25.8%-34.1%-20.1% -25.4%
From 52-week high -7.5%-20.4%-4.9% -3.2%
52-week high $21.74$57.36$60.43 $779.14
52-week low $16.21$35.33$50.85 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleETGLNGMPLX
P/E now vs peer median 13.7xmedian 18.6x 28.8xmedian 18.6x 13.4xmedian 18.6x
P/S now vs peer median 0.6xmedian 2.7x 8.8xmedian 2.7x 4.4xmedian 2.7x
EV/EBITDA now vs peer median 8.1xmedian 10.9x 19.0xmedian 10.9x 11.9xmedian 10.9x
P/FCF now vs peer median 13.3xmedian 15.8x 7.9xmedian 15.8x 18.7xmedian 15.8x
P/B now vs peer median 1.4xmedian 2.6x 2.4xmedian 2.6x 4.1xmedian 2.6x
PEG now vs peer median 1.96median 1.70 1.90median 1.70 1.91median 1.70

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsETGLNGMPLX
Revenue $107.38B $523.38M $13.21B
Gross profit $25.32B $343.33M $11.58B
Operating income $10.78B $273.22M $5.55B
Net income $7.04B $226.50M $4.39B
Free cash flow $5.22B $583.87M $3.11B
R&D – $14.62M –
EPS (diluted) $1.46 $1.49 $4.29
Cash & equivalents $1.02B $870.50M $1.30B
Total debt $68.41B $2.68B $27.01B
Shares (diluted) 3.46B 109.49M 1.01B
Enterprise value $60.22B $964.05M $50.88B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricETGLNGMPLX
P/E 13.7x 28.8x 13.4x
P/FCF 13.3x 7.9x 18.7x
P/Operating cash flow 5.7x 10.9x 9.7x
P/S 0.6x 8.8x 4.4x
P/B 1.4x 2.4x 4.1x
P/Tangible book 1.6x 2.4x 4.5x
EV/EBITDA 8.1x 19.0x 11.9x
EV/EBIT 12.7x 23.5x 15.1x
EV/Revenue 1.3x 12.3x 6.4x
EV/FCF 26.2x 11.0x 27.0x
EV/Operating cash flow 11.3x 15.2x 13.9x
PEG (3Y EPS CAGR) 1.96 1.90 1.91

Growth

14 metrics
MetricETGLNGMPLX
Revenue growth (1Y) 33.3% 109.6% 3.1%
Revenue CAGR (3Y) 10.0% 23.3% 6.4%
Gross profit growth (1Y) 18.9% 147.7% 2.9%
Gross profit CAGR (3Y) 13.2% 19.9% 2.3%
Operating income growth (1Y) 16.5% 1,754% -4.3%
Operating income CAGR (3Y) 12.0% 104.0% 6.6%
Net income growth (1Y) 16.1% 894.0% -9.7%
Net income CAGR (3Y) 9.0% 18.5% 6.4%
EPS growth (1Y) 12.6% 2,539% -9.2%
EPS CAGR (3Y) 7.0% 15.2% 7.0%
Operating cash flow growth (1Y) 8.8% 1.1% -1.1%
Operating cash flow CAGR (3Y) 5.9% 11.3% 4.5%
Free cash flow growth (1Y) -8.5% -5.5% -33.6%
Free cash flow CAGR (3Y) -7.3% 60.4% -10.5%

Profitability

14 metrics
MetricETGLNGMPLX
Gross margin 23.6% 65.6% 87.7%
EBITDA margin 15.7% 64.6% 53.3%
Operating margin 10.0% 52.2% 42.0%
Pretax margin 7.1% 62.0% 33.3%
Net margin 4.7% 31.3% 32.9%
FCF margin 4.9% 111.6% 23.6%
Operating cash flow margin 11.3% 80.8% 45.6%
Return on equity 14.0% 1,387% 30.7%
Return on assets 4.8% 4.2% 10.1%
Return on invested capital 8.4% 204.1% 13.6%
Return on capital employed 8.4% 5.6% 13.4%
Asset turnover 0.7x 0.1x 0.3x
Cash conversion (OCF / net income) 1.7x 1.9x 1.4x
Stock comp / revenue 0.2% 1.9% –

Financial Health

11 metrics
MetricETGLNGMPLX
Debt / assets 46.2% 50.1% 61.1%
Debt / equity 1.4x 1.4x 1.9x
Net debt / EBITDA 4.0x 5.3x 3.7x
Debt / FCF 13.1x 4.6x 8.7x
Liabilities / assets 65.9% 63.6% 67.7%
Equity / assets 34.1% 36.4% 32.3%
Interest coverage 2.9x 16.5x 4.8x
Current ratio 1.2x 2.3x 1.6x
Quick ratio 0.9x 2.2x 1.4x
Cash ratio 0.1x 1.8x 0.6x
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricETGLNGMPLX
Dividend yield 6.7% 2.2% 7.5%
Net buyback yield – 0.7% 0.4%
Shareholder yield 6.7% 2.9% 7.9%
Payout ratio (earnings) 67.9% – 99.7%
Payout ratio (FCF) 91.6% – 140.4%
Dividend growth (1Y) 2.9% – 12.2%
Dividend CAGR (3Y) 8.0% – 12.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusETGLNGMPLX
Forward P/E 11.2xFY2026 41.1xFY2026 14.0xFY2026
EPS, next fiscal year $1.80FY2026 $1.11FY2026 $4.10FY2026
EPS growth, next FY +48.8%FY2026 -27.5%FY2026 -14.9%FY2026
EPS growth, the year after -9.4% -53.2% +13.7%
Revenue, next fiscal year $124.23BFY2026 $409.44MFY2026 $13.68BFY2026
Revenue growth, next FY +45.2%FY2026 +4.0%FY2026 +5.2%FY2026
Revenue growth, the year after +1.4% -2.6% -4.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersETGLNGMPLX
Held by institutions 31.4% 81.5% 18.8%
Institutions holding 1,283 312 627
Change in shares held, QoQ +1.9% -0.4% -3.3%
Institutions buying 629 153 302
Institutions selling 342 106 144
Buyers to sellers 1.84 1.44 2.10

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ETGLNGMPLX
ET 1.00 0.37 0.50
GLNG 0.37 1.00 0.16
MPLX 0.50 0.16 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ET, GLNG and MPLX?

Energy Transfer (ET) is the largest by market capitalisation: Energy Transfer (ET) $67.04B, Golar Lng (GLNG) $4.60B, Mplx (MPLX) $56.85B.

Which stock is cheaper, ET, GLNG and MPLX?

Mplx (MPLX) trades on the lowest price-to-earnings ratio (Energy Transfer (ET) 13.3x, Golar Lng (GLNG) 28.1x, Mplx (MPLX) 13.1x). On next year's consensus earnings, Energy Transfer (ET) is cheapest (Energy Transfer (ET) 11.2x, Golar Lng (GLNG) 41.1x, Mplx (MPLX) 14.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Golar Lng (GLNG) grew revenue fastest over the trailing twelve months: Energy Transfer (ET) +33.3%, Golar Lng (GLNG) +109.6%, Mplx (MPLX) +3.1%.

Which company is more profitable?

Mplx (MPLX) has the highest net margin (Energy Transfer (ET) 4.7%, Golar Lng (GLNG) 31.3%, Mplx (MPLX) 32.9%). On return on invested capital, Golar Lng (GLNG) leads (Energy Transfer (ET) 8.4%, Golar Lng (GLNG) 204.1%, Mplx (MPLX) 13.6%).

Which stock has performed better?

Over the past year Energy Transfer (ET) returned the most: Energy Transfer (ET) +19.4%, Golar Lng (GLNG) +10.7%, Mplx (MPLX) +13.0%. Over five years, Golar Lng (GLNG) compounded fastest (Energy Transfer (ET) +16.9%/yr, Golar Lng (GLNG) +27.8%/yr, Mplx (MPLX) +13.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Mplx (MPLX) has the highest dividend yield: Energy Transfer (ET) 0.07%, Golar Lng (GLNG) 0.00%, Mplx (MPLX) 0.08%. Golar Lng (GLNG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Mplx (MPLX) has been the steadiest (Energy Transfer (ET) 17.8%, Golar Lng (GLNG) 27.5%, Mplx (MPLX) 17.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ET, GLNG and MPLX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mplx (MPLX) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.