Oil & Gas Refining & Marketing
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SUN vs CAPL vs NGL
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Refining & Marketing
Oil & Gas Midstream
SUN vs CAPL vs NGL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | Oil & Gas Refining & Marketing | Oil & Gas Refining & Marketing | Oil & Gas Midstream |
| Market Cap | $9.13B | $790M | $1.97B |
| Revenue (TTM) | $25.20B | $4.62B | $3.03B |
| Net Income (TTM) | $396M | $60M | $159M |
| Gross Margin | 8.9% | 8.5% | 46.8% |
| Operating Margin | 3.7% | 2.6% | 13.3% |
| Forward P/E | 9.4x | 48.2x | 46.8x |
| Total Debt | $16.11B | $908M | $3.08B |
| Cash & Equiv. | $891M | $3M | $6M |
SUN vs CAPL vs NGL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Sunoco LP (SUN) | 100 | 262.8 | +162.8% |
| CrossAmerica Partne… (CAPL) | 100 | 140.5 | +40.5% |
| NGL Energy Partners… (NGL) | 100 | 317.6 | +217.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SUN vs CAPL vs NGL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SUN is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 11.1%, EPS growth -39.0%, 3Y rev CAGR -0.7%
- 201.8% 10Y total return vs NGL's 71.0%
- Lower volatility, beta 0.13, current ratio 1.38x
CAPL is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 2 yrs, beta 0.06, yield 10.1%
- Beta 0.06, yield 10.1%, current ratio 0.72x
- Beta 0.06 vs NGL's 0.67
NGL has the current edge in this matchup, primarily because of its strength in quality and dividends.
- 5.3% margin vs CAPL's 1.3%
- 14.5% yield, 2-year raise streak, vs SUN's 7.2%
- +426.8% vs CAPL's -0.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.1% revenue growth vs NGL's -16.5% | |
| Value | Lower P/E (9.4x vs 46.8x) | |
| Quality / Margins | 5.3% margin vs CAPL's 1.3% | |
| Stability / Safety | Beta 0.06 vs NGL's 0.67 | |
| Dividends | 14.5% yield, 2-year raise streak, vs SUN's 7.2% | |
| Momentum (1Y) | +426.8% vs CAPL's -0.0% | |
| Efficiency (ROA) | 6.0% ROA vs SUN's 2.1%, ROIC 18.1% vs 4.0% |
SUN vs CAPL vs NGL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
SUN vs CAPL vs NGL — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NGL leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SUN is the larger business by revenue, generating $25.2B annually — 8.3x NGL's $3.0B. Profitability is closely matched — net margins range from 5.3% (NGL) to 1.3% (CAPL). On growth, SUN holds the edge at +63.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $25.2B | $4.6B | $3.0B |
| EBITDAEarnings before interest/tax | $1.6B | $200M | $672M |
| Net IncomeAfter-tax profit | $396M | $60M | $159M |
| Free Cash FlowCash after capex | $628M | $75M | $291M |
| Gross MarginGross profit ÷ Revenue | +8.9% | +8.5% | +46.8% |
| Operating MarginEBIT ÷ Revenue | +3.7% | +2.6% | +13.3% |
| Net MarginNet income ÷ Revenue | +1.6% | +1.3% | +5.3% |
| FCF MarginFCF ÷ Revenue | +2.5% | +1.6% | +9.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +63.2% | -100.0% | -41.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -83.8% | +2.4% | +4.2% |
Valuation Metrics
CAPL leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 18.3x trailing earnings, SUN trades at a 4% valuation discount to CAPL's 19.0x P/E. On an enterprise value basis, CAPL's 5.7x EV/EBITDA is more attractive than SUN's 15.1x.
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $9.1B | $790M | $2.0B |
| Enterprise ValueMkt cap + debt − cash | $24.4B | $1.7B | $5.0B |
| Trailing P/EPrice ÷ TTM EPS | 18.28x | 19.01x | -26.52x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.39x | 48.19x | 46.79x |
| PEG RatioP/E ÷ EPS growth rate | 1.02x | — | — |
| EV / EBITDAEnterprise value multiple | 15.06x | 5.73x | 8.46x |
| Price / SalesMarket cap ÷ Revenue | 0.36x | 0.22x | 0.57x |
| Price / BookPrice ÷ Book value/share | 1.15x | — | 3.01x |
| Price / FCFMarket cap ÷ FCF | 14.85x | 14.17x | 38.14x |
Profitability & Efficiency
CAPL leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
NGL delivers a 132.6% return on equity — every $100 of shareholder capital generates $133 in annual profit, vs $7 for SUN. SUN carries lower financial leverage with a 2.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to NGL's 4.42x. On the Piotroski fundamental quality scale (0–9), NGL scores 7/9 vs CAPL's 5/9, reflecting strong financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | +7.3% | — | +132.6% |
| ROA (TTM)Return on assets | +2.1% | +6.0% | +3.6% |
| ROICReturn on invested capital | +4.0% | +18.1% | +6.4% |
| ROCEReturn on capital employed | +5.0% | +23.4% | +8.3% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 | 7 |
| Debt / EquityFinancial leverage | 2.01x | — | 4.42x |
| Net DebtTotal debt minus cash | $15.2B | $905M | $3.1B |
| Cash & Equiv.Liquid assets | $891M | $3M | $6M |
| Total DebtShort + long-term debt | $16.1B | $908M | $3.1B |
| Interest CoverageEBIT ÷ Interest expense | 2.09x | 1.86x | 2.15x |
Total Returns (Dividends Reinvested)
NGL leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NGL five years ago would be worth $75,047 today (with dividends reinvested), compared to $15,512 for CAPL. Over the past 12 months, NGL leads with a +426.8% total return vs CAPL's -0.0%. The 3-year compound annual growth rate (CAGR) favors NGL at 79.7% vs CAPL's 9.6% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | +28.7% | +5.6% | +60.7% |
| 1-Year ReturnPast 12 months | +31.3% | -0.0% | +426.8% |
| 3-Year ReturnCumulative with dividends | +75.5% | +31.8% | +480.7% |
| 5-Year ReturnCumulative with dividends | +133.9% | +55.1% | +650.5% |
| 10-Year ReturnCumulative with dividends | +201.8% | +87.2% | +71.0% |
| CAGR (3Y)Annualised 3-year return | +20.6% | +9.6% | +79.7% |
Risk & Volatility
Evenly matched — SUN and CAPL each lead in 1 of 2 comparable metrics.
Risk & Volatility
CAPL is the less volatile stock with a 0.06 beta — it tends to amplify market swings less than NGL's 0.67 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SUN currently trades 95.6% from its 52-week high vs CAPL's 87.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.13x | 0.06x | 0.67x |
| 52-Week HighHighest price in past year | $70.00 | $23.62 | $16.69 |
| 52-Week LowLowest price in past year | $47.98 | $19.61 | $2.98 |
| % of 52W HighCurrent price vs 52-week peak | +95.6% | +87.7% | +95.3% |
| RSI (14)Momentum oscillator 0–100 | 65.3 | 44.0 | 71.2 |
| Avg Volume (50D)Average daily shares traded | 469K | 55K | 239K |
Analyst Outlook
Evenly matched — SUN and NGL each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: SUN as "Hold", CAPL as "Hold", NGL as "Hold". Consensus price targets imply 1.6% upside for SUN (target: $68) vs -87.4% for NGL (target: $2). For income investors, NGL offers the higher dividend yield at 14.54% vs SUN's 7.16%.
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Hold |
| Price TargetConsensus 12-month target | $68.00 | — | $2.00 |
| # AnalystsCovering analysts | 24 | 15 | 17 |
| Dividend YieldAnnual dividend ÷ price | +7.2% | +10.1% | +14.5% |
| Dividend StreakConsecutive years of raises | 4 | 2 | 2 |
| Dividend / ShareAnnual DPS | $4.79 | $2.10 | $2.31 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.1% |
NGL leads in 2 of 6 categories (Income & Cash Flow, Total Returns). CAPL leads in 2 (Valuation Metrics, Profitability & Efficiency). 2 tied.
SUN vs CAPL vs NGL: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is SUN or CAPL or NGL a better buy right now?
For growth investors, Sunoco LP (SUN) is the stronger pick with 11.
1% revenue growth year-over-year, versus -16. 5% for NGL Energy Partners LP (NGL). Sunoco LP (SUN) offers the better valuation at 18. 3x trailing P/E (9. 4x forward), making it the more compelling value choice. Analysts rate Sunoco LP (SUN) a "Hold" — based on 24 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — SUN or CAPL or NGL?
On trailing P/E, Sunoco LP (SUN) is the cheapest at 18.
3x versus CrossAmerica Partners LP at 19. 0x. On forward P/E, Sunoco LP is actually cheaper at 9. 4x.
03Which is the better long-term investment — SUN or CAPL or NGL?
Over the past 5 years, NGL Energy Partners LP (NGL) delivered a total return of +650.
5%, compared to +55. 1% for CrossAmerica Partners LP (CAPL). Over 10 years, the gap is even starker: SUN returned +209. 2% versus NGL's +71. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — SUN or CAPL or NGL?
By beta (market sensitivity over 5 years), CrossAmerica Partners LP (CAPL) is the lower-risk stock at 0.
06β versus NGL Energy Partners LP's 0. 67β — meaning NGL is approximately 1105% more volatile than CAPL relative to the S&P 500. On balance sheet safety, Sunoco LP (SUN) carries a lower debt/equity ratio of 2% versus 4% for NGL Energy Partners LP — giving it more financial flexibility in a downturn.
05Which is growing faster — SUN or CAPL or NGL?
By revenue growth (latest reported year), Sunoco LP (SUN) is pulling ahead at 11.
1% versus -16. 5% for NGL Energy Partners LP (NGL). On earnings-per-share growth, the picture is similar: CrossAmerica Partners LP grew EPS 109. 6% year-over-year, compared to -39. 0% for Sunoco LP. Over a 3-year CAGR, SUN leads at -0. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — SUN or CAPL or NGL?
Sunoco LP (SUN) is the more profitable company, earning 2.
1% net margin versus 1. 1% for NGL Energy Partners LP — meaning it keeps 2. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NGL leads at 9. 5% versus 3. 7% for SUN. At the gross margin level — before operating expenses — NGL leads at 20. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is SUN or CAPL or NGL more undervalued right now?
On forward earnings alone, Sunoco LP (SUN) trades at 9.
4x forward P/E versus 48. 2x for CrossAmerica Partners LP — 38. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SUN: 1. 6% to $68. 00.
08Which pays a better dividend — SUN or CAPL or NGL?
All stocks in this comparison pay dividends.
NGL Energy Partners LP (NGL) offers the highest yield at 14. 5%, versus 7. 2% for Sunoco LP (SUN).
09Is SUN or CAPL or NGL better for a retirement portfolio?
For long-horizon retirement investors, Sunoco LP (SUN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
13), 7. 2% yield, +209. 2% 10Y return). Both have compounded well over 10 years (SUN: +209. 2%, NGL: +71. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between SUN and CAPL and NGL?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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