NGL vs. EFXT
NGL (NGL Energy Partners LP) and EFXT (Enerflex Ltd.) are both stocks. Both are in the Energy sector — NGL in Oil & Gas Refining & Marketing, EFXT in Oil & Gas Equipment & Services. Over the past 10 years, NGL returned 5.01%/yr vs 13.80%/yr for EFXT. At a 0.17 correlation, their price movements are largely independent.
Performance
NGL vs. EFXT - Performance Comparison
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Returns By Period
In the year-to-date period, NGL achieves a 63.70% return, which is significantly lower than EFXT's 67.76% return. Over the past 10 years, NGL has underperformed EFXT with an annualized return of 5.01%, while EFXT has yielded a comparatively higher 13.80% annualized return.
NGL
- 1D
- 2.38%
- 1M
- -9.61%
- YTD
- 63.70%
- 6M
- 65.35%
- 1Y
- 250.54%
- 3Y*
- 63.00%
- 5Y*
- 46.69%
- 10Y*
- 5.01%
EFXT
- 1D
- 6.92%
- 1M
- -5.77%
- YTD
- 67.76%
- 6M
- 68.96%
- 1Y
- 226.45%
- 3Y*
- 63.74%
- 5Y*
- 32.40%
- 10Y*
- 13.80%
NGL vs. EFXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGL NGL Energy Partners LP | 63.70% | 100.40% | -10.41% | 360.33% | -33.52% | -24.17% | -75.27% | 34.05% | -22.35% | -20.22% |
EFXT Enerflex Ltd. | 67.76% | 57.04% | 115.79% | -25.13% | 5.83% | 15.59% | -42.16% | -17.32% | -2.49% | -1.70% |
Correlation
The correlation between NGL and EFXT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2011 | 0.17 |
The correlation between NGL and EFXT shifts across timeframes, from 0.17 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NGL:
$1.24
EFXT:
$0.97
NGL:
13.19
EFXT:
26.73
NGL:
0.12
EFXT:
2.92
NGL:
0.66
EFXT:
1.01
NGL:
$3.18B
EFXT:
$3.13B
NGL:
$755.25M
EFXT:
$689.73M
NGL:
$639.38M
EFXT:
$321.86M
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Return for Risk
NGL vs. EFXT — Risk / Return Rank
NGL
EFXT
NGL vs. EFXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NGL Energy Partners LP (NGL) and Enerflex Ltd. (EFXT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NGL | EFXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.70 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 15.81 | 13.82 | +1.99 |
| Martin ratioReturn relative to average drawdown | 38.42 | 42.58 | -4.16 |
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Drawdowns
NGL vs. EFXT - Drawdown Comparison
The maximum NGL drawdown since its inception was -94.71%, which is greater than EFXT's maximum drawdown of -81.64%. Use the drawdown chart below to compare losses from any high point for NGL and EFXT.
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Drawdown Indicators
| NGL | EFXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.71% | -81.64% | -13.07% |
Max Drawdown (1Y)Largest decline over 1 year | -15.96% | -16.50% | +0.54% |
Max Drawdown (3Y)Largest decline over 3 years | -53.72% | -51.26% | -2.46% |
Max Drawdown (5Y)Largest decline over 5 years | -63.12% | -56.16% | -6.96% |
Max Drawdown (10Y)Largest decline over 10 years | -92.74% | -79.04% | -13.70% |
Current DrawdownCurrent decline from peak | -16.66% | -8.95% | -7.71% |
Average DrawdownAverage peak-to-trough decline | -51.72% | -38.23% | -13.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.75% | 5.35% | +1.40% |
Volatility
NGL vs. EFXT - Volatility Comparison
The current volatility for NGL Energy Partners LP (NGL) is 14.40%, while Enerflex Ltd. (EFXT) has a volatility of 15.24%. This indicates that NGL experiences smaller price fluctuations and is considered to be less risky than EFXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGL | EFXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.40% | 15.24% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 34.12% | 35.11% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.16% | 43.15% | +10.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.26% | 49.04% | +9.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.60% | 48.20% | +21.40% |
Dividends
NGL vs. EFXT - Dividend Comparison
NGL has not paid dividends to shareholders, while EFXT's dividend yield for the trailing twelve months is around 0.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFXT Enerflex Ltd. | 0.46% | 0.72% | 0.82% | 1.56% | 1.22% | 1.14% | 2.42% | 3.43% | 2.13% | 2.08% | 2.67% | 3.55% |
NGL NGL Energy Partners LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.08% | 13.76% | 16.27% | 16.23% | 8.62% | 22.78% |
Financials
NGL vs. EFXT - Financials Comparison
This section allows you to compare key financial metrics between NGL Energy Partners LP and Enerflex Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NGL vs. EFXT - Profitability Comparison
NGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported a gross profit of 194.75M and revenue of 909.82M. Therefore, the gross margin over that period was 21.4%.
EFXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported a gross profit of 140.03M and revenue of 575.91M. Therefore, the gross margin over that period was 24.3%.
NGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported an operating income of 109.14M and revenue of 909.82M, resulting in an operating margin of 12.0%.
EFXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported an operating income of 65.09M and revenue of 575.91M, resulting in an operating margin of 11.3%.
NGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported a net income of 47.18M and revenue of 909.82M, resulting in a net margin of 5.2%.
EFXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported a net income of 42.40M and revenue of 575.91M, resulting in a net margin of 7.4%.
Frequently Asked Questions
NGL and EFXT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EFXT has higher volatility (15.24%) compared to NGL (14.40%). In terms of maximum drawdown, NGL dropped -94.71% vs EFXT's -81.64%.
EFXT currently has the higher Sharpe Ratio (5.29 vs 4.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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