COMP <GO>

MPLX vs BHP // 10Y YIELD & FRED MACRO BETA

MPLX LP Common (NYSE) VS. BHP Group Limited American (NYSE) • 15-METRIC TALLY: MPLX 10 — BHP 3

▲ 10Y YIELD & FRED MACRO BETA LEADER: BHP

LAST: $60.16 (+0.45%) • MKT CAP: $60.72B

macro-sensitivity

0.89

LAST: $79.16 (-3.25%) • MKT CAP: $207.99B

macro-sensitivity

1.14

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MPLX VS. BHP) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	MPLX	BHP	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	41.00%	0.00	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	19.30%	9.90%	+9.40	MPLX	/roic <GO>
EV/EBITDA & P/E Valuation	9.4x	21.0x	-11.60	MPLX	/valuation <GO>
Free Cash Flow Yield	6.75%	2.21%	+4.54	MPLX	/fcf-yield <GO>
Operating Margin	61.10%	13.90%	+47.20	MPLX	/operating-margins <GO>
Net Profit Margin	47.70%	10.90%	+36.80	MPLX	/net-margins <GO>
Revenue Growth (YoY)	5.80%	-3.30%	+9.10	MPLX	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	2.17	3.74	-1.57	BHP	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	7/9	+1.00	MPLX	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.50%	7.40%	-0.90	MPLX	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	63.6	37.5	+26.15	MPLX	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	0.89	1.14	-0.25	BHP	/macro-sensitivity <GO>
Forward P/E Multiple	12.2x	30.5x	-18.30	MPLX	/forward-pe <GO>
Enterprise Scale & Market Cap	$60.72B	$207.99B	-$147.27B	BHP	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	MPLX REV	BHP REV	MPLX GROSS %	BHP GROSS %	MPLX FCF	BHP FCF
FY 2025	$9.73B	—	44.0%	—	$4.10B	—
FY 2024	$9.19B	—	44.0%	—	$4.89B	—
FY 2023	$8.73B	—	44.0%	—	$5.00B	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

MPLX // BETA 0.89

BHP // BETA 1.14