Diamondback Energy, Inc. (FANG) vs MPLX Lp (MPLX)
A side-by-side comparison of Diamondback Energy, Inc. and MPLX Lp across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
FANG
Diamondback Energy, Inc.
$184.08EnergyDelayed quote: Oct 5, 2026, 4:00 PM EDT
MPLX
MPLX Lp
$57.37EnergyDelayed quote: Oct 5, 2026, 4:00 PM EDT
Total return — FANG vs MPLX
growth of $100 · dividends reinvested · last 10yFANG +155.8% (+9.8%/yr)MPLX +329.6% (+15.7%/yr)MPLX compounded faster over this window
FANG MPLX
FANG vs MPLX: by the numbers
- •MPLX is the larger company ($58.22B vs $51.78B market cap).
- •MPLX converts more revenue to profit (36.75% vs 9.27% net margin).
- •FANG grew revenue faster over the past five years (31.48% vs 7.97% CAGR).
- •MPLX pays the higher dividend yield (7.51% vs 2.31%).
Metrics side by side
Valuation
| Metric | FANG | MPLX |
|---|---|---|
| P/E ratio | N/A | 12.34 |
| Forward P/E | 8.80 | 13.40 |
| P/S ratio | 3.03 | 4.52 |
| P/B ratio | 1.37 | 4.15 |
| EV / EBITDA | 6.40 | 11.95 |
| FCF yield | 12.55% | 5.73% |
Profitability
| Metric | FANG | MPLX |
|---|---|---|
| Gross margin | 35.16% | 52.17% |
| Operating margin | 27.68% | 42.91% |
| Net margin | 9.27% | 36.75% |
| ROE | 4.18% | 33.77% |
| ROIC | 5.88% | 13.47% |
Dividends
| Metric | FANG | MPLX |
|---|---|---|
| Dividend yield | 2.31% | 7.51% |
| Payout ratio | N/A | 92.60% |
Growth (annualized)
| Metric | FANG | MPLX |
|---|---|---|
| Revenue CAGR (5Y) | 31.48% | 7.97% |
| FCF CAGR (5Y) | 51.55% | 4.20% |
| Total return CAGR (5Y) | 16.94% | 24.94% |
Some values include inputs from SEC filing.
Frequently asked
- Which has grown faster, FANG or MPLX?
- Over the past five years, FANG grew revenue faster — FANG at a 31.48% CAGR versus MPLX at 7.97%.
- Does FANG or MPLX pay a bigger dividend?
- FANG yields 2.31% and MPLX yields 7.51% based on trailing dividends and the latest price.
- Is FANG or MPLX more profitable?
- MPLX runs the higher net margin — FANG at 9.27% versus MPLX at 36.75%.
- How have FANG and MPLX total returns compared?
- Over the past 10 years, FANG delivered 9.85% and MPLX delivered 15.85% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
MPLX Lp P/E ratioDiamondback Energy dividend yieldMPLX Lp dividend yieldDiamondback Energy ROEMPLX Lp ROEDiamondback Energy operating marginMPLX Lp operating marginDiamondback Energy revenue growthMPLX Lp revenue growthDiamondback Energy free cash flowMPLX Lp free cash flow
Diamondback Energy & MPLX Lp appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.