NGL Energy Partners LP (NGL)vsTC Energy Corp (TRP)
NGL
NGL Energy Partners LP
$16.88
-2.71%
ENERGY · Cap: $1.86B
TRP
TC Energy Corp
$63.23
-1.05%
ENERGY · Cap: $70.52B
Smart Verdict
WallStSmart Research — data-driven comparison
TC Energy Corp generates 390% more annual revenue ($15.48B vs $3.16B). TRP leads profitability with a 22.2% profit margin vs -4.5%. TRP appears more attractively valued with a PEG of 4.40. TRP earns a higher WallStSmart Score of 55/100 (C).
NGL
Avoid30
out of 100
Grade: F
TRP
Buy55
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-0.9%
Fair Value
$11.36
Current Price
$16.88
$5.52 premium
Margin of Safety
-47.6%
Fair Value
$41.26
Current Price
$63.23
$21.97 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Every $100 of equity generates 26 in profit
Strong operational efficiency at 47.5%
Large-cap with strong market position
Keeps 22 of every $100 in revenue as profit
Generating 1.1B in free cash flow
Areas to Watch
Smaller company, higher risk/reward
Operating margin of 2.1%
Expensive relative to growth rate
Revenue declined 13.3%
Moderate valuation
Expensive relative to growth rate
Earnings declined 8.5%
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : NGL
The strongest argument for NGL centers on Return on Equity.
Bull Case : TRP
The strongest argument for TRP centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 22.2% and operating margin at 47.5%.
Bear Case : NGL
The primary concerns for NGL are Market Cap, Operating Margin, PEG Ratio. Debt-to-equity of 129.59 is elevated, increasing financial risk.
Bear Case : TRP
The primary concerns for TRP are P/E Ratio, PEG Ratio, EPS Growth. Debt-to-equity of 2.25 is elevated, increasing financial risk.
Key Dynamics to Monitor
NGL profiles as a turnaround stock while TRP is a mature play — different risk/reward profiles.
TRP carries more volatility with a beta of 0.98 — expect wider price swings.
TRP is growing revenue faster at 6.6% — sustainability is the question.
TRP generates stronger free cash flow (1.1B), providing more financial flexibility.
Bottom Line
TRP scores higher overall (55/100 vs 30/100), backed by strong 22.2% margins. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
NGL Energy Partners LP
ENERGY · OIL & GAS MIDSTREAM · USA
NGL Energy Partners LP is engaged in the crude oil and liquids logistics and water solutions businesses. The company is headquartered in Tulsa, Oklahoma.
Visit Website →TC Energy Corp
ENERGY · OIL & GAS MIDSTREAM · USA
TC Energy Corporation is an energy infrastructure company in North America. The company is headquartered in Calgary, Canada.
Compare with Other OIL & GAS MIDSTREAM Stocks
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