WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Williams Companies Inc generates 250% more annual revenue ($12.32B vs $3.52B). WMB leads profitability with a 24.9% profit margin vs -3.8%. WMB appears more attractively valued with a PEG of 2.07. WMB earns a higher WallStSmart Score of 69/100 (B-).

NGL

Buy

52

out of 100

Grade: C-

Growth: 7.3Profit: 6.0Value: 4.3Quality: 4.3
Piotroski: 4/9

WMB

Strong Buy

69

out of 100

Grade: B-

Growth: 6.7Profit: 8.0Value: 5.0Quality: 3.0
Piotroski: 5/9Altman Z: 0.34
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NGLUndervalued (+10.0%)

Margin of Safety

+10.0%

Fair Value

$12.73

Current Price

$16.15

$3.42 discount

UndervaluedFair: $12.73Overvalued

Intrinsic value data unavailable for WMB.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NGL3 strengths · Avg: 9.7/10
Revenue GrowthGrowth
59.1%10/10

Revenue surging 59.1% year-over-year

EPS GrowthGrowth
1129.0%10/10

Earnings expanding 1129.0% YoY

Return on EquityProfitability
25.5%9/10

Every $100 of equity generates 26 in profit

WMB5 strengths · Avg: 9.4/10
Operating MarginProfitability
39.5%10/10

Strong operational efficiency at 39.5%

EPS GrowthGrowth
51.2%10/10

Earnings expanding 51.2% YoY

Market CapQuality
$89.11B9/10

Large-cap with strong market position

Return on EquityProfitability
23.3%9/10

Every $100 of equity generates 23 in profit

Profit MarginProfitability
24.9%9/10

Keeps 25 of every $100 in revenue as profit

Areas to Watch

NGL4 concerns · Avg: 1.5/10
PEG RatioValuation
8.062/10

Expensive relative to growth rate

Free Cash FlowQuality
$-31.72M2/10

Negative free cash flow — burning cash

Profit MarginProfitability
-3.8%1/10

Currently unprofitable

Debt/EquityHealth
103.751/10

Elevated debt levels

WMB4 concerns · Avg: 3.0/10
PEG RatioValuation
2.074/10

Expensive relative to growth rate

P/E RatioValuation
29.0x4/10

Moderate valuation

Free Cash FlowQuality
$-458.00M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.342/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : NGL

The strongest argument for NGL centers on Revenue Growth, EPS Growth, Return on Equity. Revenue growth of 59.1% demonstrates continued momentum.

Bull Case : WMB

The strongest argument for WMB centers on Operating Margin, EPS Growth, Market Cap. Profitability is solid with margins at 24.9% and operating margin at 39.5%.

Bear Case : NGL

The primary concerns for NGL are PEG Ratio, Free Cash Flow, Profit Margin. Debt-to-equity of 103.75 is elevated, increasing financial risk.

Bear Case : WMB

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

Key Dynamics to Monitor

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

NGL carries more volatility with a beta of 0.66 — expect wider price swings.

NGL is growing revenue faster at 59.1% — sustainability is the question.

NGL generates stronger free cash flow (-32M), providing more financial flexibility.

Bottom Line

WMB scores higher overall (69/100 vs 52/100), backed by strong 24.9% margins. 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.

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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