WallStSmart

Antero Midstream Partners LP (AM)vsEnergy Transfer LP (ET)

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Smart Verdict

WallStSmart Research — data-driven comparison

Energy Transfer LP generates 6693% more annual revenue ($85.54B vs $1.26B). AM leads profitability with a 32.8% profit margin vs 5.2%. ET appears more attractively valued with a PEG of 0.64. ET earns a higher WallStSmart Score of 63/100 (C+).

AM

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 8.5Value: 7.3Quality: 4.8
Piotroski: 6/9Altman Z: 0.99

ET

Buy

63

out of 100

Grade: C+

Growth: 4.0Profit: 5.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AMSignificantly Overvalued (-249.4%)

Margin of Safety

-249.4%

Fair Value

$5.85

Current Price

$23.60

$17.75 premium

UndervaluedFair: $5.85Overvalued
ETSignificantly Overvalued (-121.3%)

Margin of Safety

-121.3%

Fair Value

$8.23

Current Price

$19.14

$10.91 premium

UndervaluedFair: $8.23Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AM3 strengths · Avg: 9.7/10
Profit MarginProfitability
32.8%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
59.5%10/10

Strong operational efficiency at 59.5%

Return on EquityProfitability
20.2%9/10

Every $100 of equity generates 20 in profit

ET5 strengths · Avg: 8.2/10
Market CapQuality
$66.09B9/10

Large-cap with strong market position

PEG RatioValuation
0.648/10

Growing faster than its price suggests

P/E RatioValuation
15.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
29.6%8/10

Revenue surging 29.6% year-over-year

Areas to Watch

AM4 concerns · Avg: 3.0/10
P/E RatioValuation
27.1x4/10

Moderate valuation

Revenue GrowthGrowth
3.1%4/10

3.1% revenue growth

EPS GrowthGrowth
-52.6%2/10

Earnings declined 52.6%

Altman Z-ScoreHealth
0.992/10

Distress zone — elevated risk

ET3 concerns · Avg: 2.3/10
Profit MarginProfitability
5.2%3/10

5.2% margin — thin

EPS GrowthGrowth
-15.2%2/10

Earnings declined 15.2%

Free Cash FlowQuality
$-225.00M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : AM

The strongest argument for AM centers on Profit Margin, Operating Margin, Return on Equity. Profitability is solid with margins at 32.8% and operating margin at 59.5%. PEG of 1.17 suggests the stock is reasonably priced for its growth.

Bull Case : ET

The strongest argument for ET centers on Market Cap, PEG Ratio, P/E Ratio. Revenue growth of 29.6% demonstrates continued momentum. PEG of 0.64 suggests the stock is reasonably priced for its growth.

Bear Case : AM

The primary concerns for AM are P/E Ratio, Revenue Growth, EPS Growth.

Bear Case : ET

The primary concerns for ET are Profit Margin, EPS Growth, Free Cash Flow.

Key Dynamics to Monitor

AM profiles as a value stock while ET is a growth play — different risk/reward profiles.

AM carries more volatility with a beta of 0.75 — expect wider price swings.

ET is growing revenue faster at 29.6% — sustainability is the question.

AM generates stronger free cash flow (207M), providing more financial flexibility.

Bottom Line

ET scores higher overall (63/100 vs 57/100) and 29.6% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Antero Midstream Partners LP

ENERGY · OIL & GAS MIDSTREAM · USA

Antero Midstream Corporation owns, operates and develops midstream energy infrastructure. The company is headquartered in Denver, Colorado.

Energy Transfer LP

ENERGY · OIL & GAS MIDSTREAM · USA

Energy Transfer LP offers energy related services. The company is headquartered in Dallas, Texas.

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