WallStSmart

Energy Transfer LP (ET)vsPlains All American Pipeline LP (PAA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Energy Transfer LP generates 105% more annual revenue ($107.38B vs $52.30B). PAA leads profitability with a 5.3% profit margin vs 4.9%. ET appears more attractively valued with a PEG of 0.67. ET earns a higher WallStSmart Score of 72/100 (B).

ET

Strong Buy

72

out of 100

Grade: B

Growth: 7.3Profit: 6.0Value: 8.7Quality: 4.3
Piotroski: 3/9

PAA

Strong Buy

68

out of 100

Grade: B-

Growth: 7.3Profit: 5.5Value: 5.0Quality: 4.8
Piotroski: 3/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ETUndervalued (+86.3%)

Margin of Safety

+86.3%

Fair Value

$157.28

Current Price

$21.55

$135.73 discount

UndervaluedFair: $157.28Overvalued

Intrinsic value data unavailable for PAA.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ET6 strengths · Avg: 8.8/10
Revenue GrowthGrowth
78.4%10/10

Revenue surging 78.4% year-over-year

EPS GrowthGrowth
85.3%10/10

Earnings expanding 85.3% YoY

Market CapQuality
$74.20B9/10

Large-cap with strong market position

PEG RatioValuation
0.678/10

Growing faster than its price suggests

P/E RatioValuation
14.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

PAA4 strengths · Avg: 9.3/10
Revenue GrowthGrowth
66.3%10/10

Revenue surging 66.3% year-over-year

EPS GrowthGrowth
1077.0%10/10

Earnings expanding 1077.0% YoY

Return on EquityProfitability
25.0%9/10

Every $100 of equity generates 25 in profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

Areas to Watch

ET3 concerns · Avg: 3.0/10
Profit MarginProfitability
4.9%3/10

4.9% margin — thin

Debt/EquityHealth
1.993/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PAA4 concerns · Avg: 3.3/10
PEG RatioValuation
2.354/10

Expensive relative to growth rate

Profit MarginProfitability
5.3%3/10

5.3% margin — thin

Operating MarginProfitability
2.8%3/10

Operating margin of 2.8%

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : ET

The strongest argument for ET centers on Revenue Growth, EPS Growth, Market Cap. Revenue growth of 78.4% demonstrates continued momentum. PEG of 0.67 suggests the stock is reasonably priced for its growth.

Bull Case : PAA

The strongest argument for PAA centers on Revenue Growth, EPS Growth, Return on Equity. Revenue growth of 66.3% demonstrates continued momentum.

Bear Case : ET

The primary concerns for ET are Profit Margin, Debt/Equity, Piotroski F-Score. Debt-to-equity of 1.99 is elevated, increasing financial risk. Thin 4.9% margins leave little buffer for downturns.

Bear Case : PAA

The primary concerns for PAA are PEG Ratio, Profit Margin, Operating Margin.

Key Dynamics to Monitor

ET carries more volatility with a beta of 0.57 — expect wider price swings.

ET is growing revenue faster at 78.4% — sustainability is the question.

ET generates stronger free cash flow (2.7B), providing more financial flexibility.

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

Bottom Line

ET scores higher overall (72/100 vs 68/100) and 78.4% revenue growth. Both earn "Strong Buy" and "Strong 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.

Plains All American Pipeline LP

ENERGY · OIL & GAS MIDSTREAM · USA

Plains All American Pipeline, LP, is engaged in the transportation, completion, storage and collection of crude oil and natural gas liquids (NGL) through pipelines in the United States and Canada. The company is headquartered in Houston, Texas.

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