NGL vs. PAA
Compare and contrast key facts about NGL Energy Partners LP (NGL) and Plains All American Pipeline, L.P. (PAA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGL or PAA.
Correlation
The correlation between NGL and PAA is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NGL vs. PAA - Performance Comparison
Key characteristics
NGL:
0.04
PAA:
1.62
NGL:
0.33
PAA:
2.26
NGL:
1.04
PAA:
1.27
NGL:
0.02
PAA:
0.73
NGL:
0.08
PAA:
6.15
NGL:
19.42%
PAA:
5.65%
NGL:
36.90%
PAA:
21.37%
NGL:
-94.73%
PAA:
-91.99%
NGL:
-72.22%
PAA:
-29.60%
Fundamentals
NGL:
$723.43M
PAA:
$13.65B
NGL:
-$2.34
PAA:
$1.13
NGL:
-126.11
PAA:
2.27
NGL:
$4.37B
PAA:
$37.72B
NGL:
$497.97M
PAA:
$13.26B
NGL:
$206.88M
PAA:
$1.98B
Returns By Period
In the year-to-date period, NGL achieves a 9.82% return, which is significantly lower than PAA's 13.58% return. Over the past 10 years, NGL has underperformed PAA with an annualized return of -7.78%, while PAA has yielded a comparatively higher -1.67% annualized return.
NGL
9.82%
17.85%
12.76%
3.79%
-11.82%
-7.78%
PAA
13.58%
8.62%
7.18%
32.37%
9.37%
-1.67%
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Risk-Adjusted Performance
NGL vs. PAA — Risk-Adjusted Performance Rank
NGL
PAA
NGL vs. PAA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NGL Energy Partners LP (NGL) and Plains All American Pipeline, L.P. (PAA). 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.
Dividends
NGL vs. PAA - Dividend Comparison
NGL has not paid dividends to shareholders, while PAA's dividend yield for the trailing twelve months is around 6.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGL NGL Energy Partners LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.08% | 13.76% | 16.27% | 15.91% | 8.62% | 22.79% | 8.15% |
PAA Plains All American Pipeline, L.P. | 6.55% | 7.44% | 7.06% | 7.08% | 7.71% | 13.11% | 7.50% | 5.99% | 9.45% | 8.21% | 11.93% | 4.97% |
Drawdowns
NGL vs. PAA - Drawdown Comparison
The maximum NGL drawdown since its inception was -94.73%, roughly equal to the maximum PAA drawdown of -91.99%. Use the drawdown chart below to compare losses from any high point for NGL and PAA. For additional features, visit the drawdowns tool.
Volatility
NGL vs. PAA - Volatility Comparison
NGL Energy Partners LP (NGL) has a higher volatility of 9.94% compared to Plains All American Pipeline, L.P. (PAA) at 8.08%. This indicates that NGL's price experiences larger fluctuations and is considered to be riskier than PAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NGL vs. PAA - Financials Comparison
This section allows you to compare key financial metrics between NGL Energy Partners LP and Plains All American Pipeline, L.P.. 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