Plains GP Holdings LP (PAGP)vsTC Energy Corp (TRP)
PAGP
Plains GP Holdings LP
$24.35
-1.42%
ENERGY · Cap: $5.80B
TRP
TC Energy Corp
$66.62
-1.49%
ENERGY · Cap: $73.87B
Smart Verdict
WallStSmart Research — data-driven comparison
Plains GP Holdings LP generates 192% more annual revenue ($45.26B vs $15.48B). TRP leads profitability with a 22.2% profit margin vs 0.4%. PAGP appears more attractively valued with a PEG of 0.70. TRP earns a higher WallStSmart Score of 55/100 (C).
PAGP
Buy50
out of 100
Grade: C-
TRP
Buy55
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Intrinsic value data unavailable for PAGP.
Margin of Safety
-49.2%
Fair Value
$40.83
Current Price
$66.62
$25.79 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Growing faster than its price suggests
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
Premium valuation, high expectations priced in
0.4% margin — thin
Operating margin of 2.8%
Weak financial health signals
Moderate valuation
Expensive relative to growth rate
Earnings declined 8.5%
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : PAGP
The strongest argument for PAGP centers on PEG Ratio. PEG of 0.70 suggests the stock is reasonably priced for its growth.
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 : PAGP
The primary concerns for PAGP are P/E Ratio, Profit Margin, Operating Margin. Debt-to-equity of 9.09 is elevated, increasing financial risk. Thin 0.4% margins leave little buffer for downturns.
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
PAGP profiles as a value stock while TRP is a mature play — different risk/reward profiles.
TRP carries more volatility with a beta of 0.97 — expect wider price swings.
PAGP is growing revenue faster at 8.7% — 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 50/100), backed by strong 22.2% margins. 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.
Plains GP Holdings LP
ENERGY · OIL & GAS MIDSTREAM · USA
Plains GP Holdings, LP owns and operates midstream power infrastructure in the United States and Canada. The company is headquartered in Houston, Texas.
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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