WallStSmart

NGL Energy Partners LP (NGL)vsWilliams Companies Inc (WMB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Williams Companies Inc generates 284% more annual revenue ($12.11B vs $3.16B). WMB leads profitability with a 23.1% profit margin vs -4.5%. WMB appears more attractively valued with a PEG of 2.23. WMB earns a higher WallStSmart Score of 65/100 (C+).

NGL

Avoid

32

out of 100

Grade: F

Growth: 2.0Profit: 5.5Value: 3.7Quality: 4.3
Piotroski: 4/9

WMB

Buy

65

out of 100

Grade: C+

Growth: 6.0Profit: 8.0Value: 4.3Quality: 3.0
Piotroski: 5/9Altman Z: 0.34
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NGLFair Value (-1.9%)

Margin of Safety

-1.9%

Fair Value

$11.25

Current Price

$15.22

$3.97 premium

UndervaluedFair: $11.25Overvalued

Intrinsic value data unavailable for WMB.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NGL1 strengths · Avg: 9.0/10
Return on EquityProfitability
25.5%9/10

Every $100 of equity generates 26 in profit

WMB5 strengths · Avg: 9.0/10
Operating MarginProfitability
33.6%10/10

Strong operational efficiency at 33.6%

Market CapQuality
$87.43B9/10

Large-cap with strong market position

Return on EquityProfitability
21.9%9/10

Every $100 of equity generates 22 in profit

Profit MarginProfitability
23.1%9/10

Keeps 23 of every $100 in revenue as profit

EPS GrowthGrowth
25.0%8/10

Earnings expanding 25.0% YoY

Areas to Watch

NGL4 concerns · Avg: 2.3/10
Operating MarginProfitability
2.1%3/10

Operating margin of 2.1%

PEG RatioValuation
8.062/10

Expensive relative to growth rate

Revenue GrowthGrowth
-13.3%2/10

Revenue declined 13.3%

EPS GrowthGrowth
-60.1%2/10

Earnings declined 60.1%

WMB4 concerns · Avg: 2.8/10
PEG RatioValuation
2.234/10

Expensive relative to growth rate

P/E RatioValuation
31.4x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
0.342/10

Distress zone — elevated risk

Debt/EquityHealth
2.331/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : NGL

The strongest argument for NGL centers on Return on Equity.

Bull Case : WMB

The strongest argument for WMB centers on Operating Margin, Market Cap, Return on Equity. Profitability is solid with margins at 23.1% and operating margin at 33.6%.

Bear Case : NGL

The primary concerns for NGL are Operating Margin, PEG Ratio, Revenue Growth. Debt-to-equity of 129.59 is elevated, increasing financial risk.

Bear Case : WMB

The primary concerns for WMB are PEG Ratio, P/E Ratio, Altman Z-Score. Debt-to-equity of 2.33 is elevated, increasing financial risk.

Key Dynamics to Monitor

NGL profiles as a turnaround stock while WMB is a mature play — different risk/reward profiles.

WMB carries more volatility with a beta of 0.60 — expect wider price swings.

WMB is growing revenue faster at 9.0% — sustainability is the question.

WMB generates stronger free cash flow (244M), providing more financial flexibility.

Bottom Line

WMB scores higher overall (65/100 vs 32/100), backed by strong 23.1% 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.

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Williams Companies Inc

ENERGY · OIL & GAS MIDSTREAM · USA

The Williams Companies, Inc., is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets.

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