WallStSmart

Energy Transfer LP (ET)vsKNOT Offshore Partners LP (KNOP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Energy Transfer LP generates 24151% more annual revenue ($85.54B vs $352.71M). KNOP leads profitability with a 15.0% profit margin vs 5.2%. ET appears more attractively valued with a PEG of 0.64. KNOP earns a higher WallStSmart Score of 74/100 (B).

ET

Buy

63

out of 100

Grade: C+

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

KNOP

Strong Buy

74

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ETSignificantly Overvalued (-121.3%)

Margin of Safety

-121.3%

Fair Value

$8.23

Current Price

$19.14

$10.91 premium

UndervaluedFair: $8.23Overvalued
KNOPUndervalued (+83.5%)

Margin of Safety

+83.5%

Fair Value

$63.18

Current Price

$10.03

$53.15 discount

UndervaluedFair: $63.18Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

KNOP5 strengths · Avg: 9.2/10
P/E RatioValuation
6.8x10/10

Attractively priced relative to earnings

Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Operating MarginProfitability
31.7%10/10

Strong operational efficiency at 31.7%

Revenue GrowthGrowth
27.0%8/10

Revenue surging 27.0% year-over-year

EPS GrowthGrowth
49.0%8/10

Earnings expanding 49.0% YoY

Areas to Watch

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

KNOP2 concerns · Avg: 2.5/10
Market CapQuality
$319.68M3/10

Smaller company, higher risk/reward

PEG RatioValuation
10.452/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : KNOP

The strongest argument for KNOP centers on P/E Ratio, Price/Book, Operating Margin. Revenue growth of 27.0% demonstrates continued momentum.

Bear Case : ET

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

Bear Case : KNOP

The primary concerns for KNOP are Market Cap, PEG Ratio.

Key Dynamics to Monitor

ET carries more volatility with a beta of 0.65 — expect wider price swings.

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

KNOP generates stronger free cash flow (44M), providing more financial flexibility.

Monitor OIL & GAS MIDSTREAM industry trends, competitive dynamics, and regulatory changes.

Bottom Line

KNOP scores higher overall (74/100 vs 63/100) and 27.0% revenue growth. Both earn "Strong 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.

Energy Transfer LP

ENERGY · OIL & GAS MIDSTREAM · USA

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

KNOT Offshore Partners LP

ENERGY · OIL & GAS MIDSTREAM · USA

KNOT Offshore Partners LP owns and operates tanker vessels under long-term charters in the North Sea and Brazil. The company is headquartered in Aberdeen, the United Kingdom.

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