NGL vs CVX

For growth investors, Chevron Corporation (CVX) is the stronger pick with -4.

6% revenue growth year-over-year, versus -16. 5% for NGL Energy Partners LP (NGL). Chevron Corporation (CVX) offers the better valuation at 29. 1x trailing P/E (15. 9x forward), making it the more compelling value choice. Analysts rate Chevron Corporation (CVX) a "Buy" — based on 53 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.

On forward P/E, Chevron Corporation is actually cheaper at 15.

9x.

Over the past 5 years, NGL Energy Partners LP (NGL) delivered a total return of +670.

4%, compared to +105. 2% for Chevron Corporation (CVX). Over 10 years, the gap is even starker: CVX returned +143. 3% versus NGL's +81. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Chevron Corporation (CVX) is the lower-risk stock at -0.

05β versus NGL Energy Partners LP's 0. 67β — meaning NGL is approximately -1379% more volatile than CVX relative to the S&P 500. On balance sheet safety, Chevron Corporation (CVX) carries a lower debt/equity ratio of 24% versus 4% for NGL Energy Partners LP — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Chevron Corporation (CVX) is pulling ahead at -4.

6% versus -16. 5% for NGL Energy Partners LP (NGL). On earnings-per-share growth, the picture is similar: NGL Energy Partners LP grew EPS 72. 0% year-over-year, compared to -31. 8% for Chevron Corporation. Over a 3-year CAGR, CVX leads at -7. 9% 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.

Chevron Corporation (CVX) is the more profitable company, earning 6.

7% net margin versus 1. 1% for NGL Energy Partners LP — meaning it keeps 6. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NGL leads at 9. 5% versus 9. 0% for CVX. At the gross margin level — before operating expenses — CVX leads at 30. 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.

On forward earnings alone, Chevron Corporation (CVX) trades at 15.

9x forward P/E versus 48. 3x for NGL Energy Partners LP — 32. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CVX: -0. 9% to $190. 93.

All stocks in this comparison pay dividends.

NGL Energy Partners LP (NGL) offers the highest yield at 14. 1%, versus 3. 6% for Chevron Corporation (CVX).

For long-horizon retirement investors, Chevron Corporation (CVX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.

05), 3. 6% yield, +143. 3% 10Y return). Both have compounded well over 10 years (CVX: +143. 3%, NGL: +81. 6%), 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.

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.