Oil & Gas Midstream
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Side-by-side financial analysisStock Comparison
SOBO vs ENB vs KMI vs WMB vs ET vs KO
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Midstream
Oil & Gas Midstream
Oil & Gas Midstream
Oil & Gas Midstream
Beverages - Non-Alcoholic
SOBO vs ENB vs KMI vs WMB vs ET vs KO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||||
|---|---|---|---|---|---|---|
| Industry | Oil & Gas Midstream | Oil & Gas Midstream | Oil & Gas Midstream | Oil & Gas Midstream | Oil & Gas Midstream | Beverages - Non-Alcoholic |
| Market Cap | $7.48B | $119.12B | $70.28B | $89.43B | $64.51B | $341.71B |
| Revenue (TTM) | $1.62B | $77.97B | $17.52B | $11.92B | $89.38B | $49.28B |
| Net Income (TTM) | $397M | $7.57B | $3.31B | $2.84B | $5.55B | $13.70B |
| Gross Margin | 37.9% | 30.8% | 46.9% | 62.8% | 22.9% | 61.7% |
| Operating Margin | 26.6% | 15.8% | 28.6% | 38.8% | 11.1% | 29.3% |
| Forward P/E | 20.4x | 19.0x | 21.6x | 30.9x | 12.8x | 24.3x |
| Total Debt | $5.78B | $145.99B | $32.39B | $29.36B | $71.61B | $45.49B |
| Cash & Equiv. | $574M | $1.50B | $109M | $63M | $1.27B | $10.27B |
SOBO vs ENB vs KMI vs WMB vs ET vs KO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Oct 24 | Jun 26 | Return |
|---|---|---|---|
| South Bow Corporati… (SOBO) | 100 | 143.7 | +43.7% |
| Enbridge Inc. (ENB) | 100 | 135.0 | +35.0% |
| Kinder Morgan, Inc. (KMI) | 100 | 128.9 | +28.9% |
| The Williams Compan… (WMB) | 100 | 139.6 | +39.6% |
| Energy Transfer LP (ET) | 100 | 113.8 | +13.8% |
| The Coca-Cola Compa… (KO) | 100 | 121.6 | +21.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SOBO vs ENB vs KMI vs WMB vs ET vs KO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SOBO has the current edge in this matchup, primarily because of its strength in sleep-well-at-night and defensive.
- Lower volatility, beta 0.01, current ratio 1.50x
- Beta 0.01, yield 5.7%, current ratio 1.50x
- Beta 0.01 vs WMB's 0.09
- +45.0% vs ET's +12.3%
ENB ranks third and is worth considering specifically for growth exposure.
- Rev growth 21.9%, EPS growth 38.5%, 3Y rev CAGR 6.9%
- 21.9% revenue growth vs SOBO's -24.0%
KMI is the clearest fit if your priority is valuation efficiency.
- PEG 0.22 vs KO's 2.17
- Lower P/E (21.6x vs 24.3x), PEG 0.22 vs 2.17
WMB is the clearest fit if your priority is long-term compounding.
- 300.0% 10Y total return vs ET's 145.5%
ET is the clearest fit if your priority is income & stability.
- Dividend streak 4 yrs, beta 0.01, yield 6.9%
- 6.9% yield, 4-year raise streak, vs KO's 2.6%
KO is the #2 pick in this set and the best alternative if quality and efficiency is your priority.
- 27.8% margin vs ET's 6.2%
- 13.1% ROA vs ENB's 3.1%, ROIC 15.8% vs 4.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 21.9% revenue growth vs SOBO's -24.0% | |
| Value | Lower P/E (21.6x vs 24.3x), PEG 0.22 vs 2.17 | |
| Quality / Margins | 27.8% margin vs ET's 6.2% | |
| Stability / Safety | Beta 0.01 vs WMB's 0.09 | |
| Dividends | 6.9% yield, 4-year raise streak, vs KO's 2.6% | |
| Momentum (1Y) | +45.0% vs ET's +12.3% | |
| Efficiency (ROA) | 13.1% ROA vs ENB's 3.1%, ROIC 15.8% vs 4.1% |
SOBO vs ENB vs KMI vs WMB vs ET vs KO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
SOBO vs ENB vs KMI vs WMB vs ET vs KO — Financial Metrics
Side-by-side numbers across 6 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
WMB leads in 2 of 6 categories
KO leads 2 • ET leads 1 • SOBO leads 0 • ENB leads 0 • KMI leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
WMB leads this category, winning 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ET is the larger business by revenue, generating $89.4B annually — 55.0x SOBO's $1.6B. KO is the more profitable business, keeping 27.8% of every revenue dollar as net income compared to ET's 6.2%. On growth, ENB holds the edge at +69.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||||
|---|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.6B | $78.0B | $17.5B | $11.9B | $89.4B | $49.3B |
| EBITDAEarnings before interest/tax | $662M | $18.6B | $7.5B | $6.8B | $15.5B | $15.5B |
| Net IncomeAfter-tax profit | $397M | $7.6B | $3.3B | $2.8B | $5.6B | $13.7B |
| Free Cash FlowCash after capex | $609M | $2.0B | $3.9B | $722M | $5.5B | $12.6B |
| Gross MarginGross profit ÷ Revenue | +37.9% | +30.8% | +46.9% | +62.8% | +22.9% | +61.7% |
| Operating MarginEBIT ÷ Revenue | +26.6% | +15.8% | +28.6% | +38.8% | +11.1% | +29.3% |
| Net MarginNet income ÷ Revenue | +24.5% | +9.7% | +18.9% | +23.8% | +6.2% | +27.8% |
| FCF MarginFCF ÷ Revenue | +37.5% | +2.6% | +22.2% | +6.1% | +6.2% | +25.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -16.2% | +69.0% | +13.5% | -0.6% | +32.1% | +12.1% |
| EPS Growth (YoY)Latest quarter vs prior year | -14.3% | +1.9% | +37.5% | +24.6% | -2.8% | +18.2% |
Valuation Metrics
ET leads this category, winning 5 of 7 comparable metrics.
Valuation Metrics
At 13.9x trailing earnings, ET trades at a 59% valuation discount to WMB's 34.2x P/E. Adjusting for growth (PEG ratio), KMI offers better value at 0.24x vs KO's 2.34x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||||
|---|---|---|---|---|---|---|
| Market CapShares × price | $7.5B | $119.1B | $70.3B | $89.4B | $64.5B | $341.7B |
| Enterprise ValueMkt cap + debt − cash | $12.7B | $221.6B | $102.6B | $118.7B | $134.8B | $376.9B |
| Trailing P/EPrice ÷ TTM EPS | 17.00x | 23.75x | 23.06x | 34.17x | 13.89x | 26.12x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.43x | 18.95x | 21.58x | 30.92x | 12.76x | 24.27x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.40x | 0.24x | 0.52x | — | 2.34x |
| EV / EBITDAEnterprise value multiple | 22.31x | 18.80x | 14.12x | 17.59x | 9.14x | 25.45x |
| Price / SalesMarket cap ÷ Revenue | 4.64x | 2.58x | 4.15x | 7.48x | 0.78x | 7.13x |
| Price / BookPrice ÷ Book value/share | 2.77x | 1.86x | 2.17x | 5.95x | 1.39x | 9.99x |
| Price / FCFMarket cap ÷ FCF | 13.64x | 37.14x | 21.82x | 88.98x | 16.77x | 64.52x |
Profitability & Efficiency
KO leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
KO delivers a 41.1% return on equity — every $100 of shareholder capital generates $41 in annual profit, vs $10 for ENB. KMI carries lower financial leverage with a 1.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to SOBO's 2.14x. On the Piotroski fundamental quality scale (0–9), KMI scores 8/9 vs ENB's 4/9, reflecting strong financial health.
| Metric | ||||||
|---|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +16.1% | +10.0% | +10.3% | +19.0% | +11.6% | +41.1% |
| ROA (TTM)Return on assets | +3.8% | +3.1% | +4.5% | +4.9% | +4.1% | +13.1% |
| ROICReturn on invested capital | +3.0% | +4.1% | +5.6% | +7.7% | +6.3% | +15.8% |
| ROCEReturn on capital employed | +3.3% | +4.5% | +7.0% | +8.7% | +7.9% | +17.3% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 | 8 | 7 | 5 | 7 |
| Debt / EquityFinancial leverage | 2.14x | 1.61x | 1.00x | 1.96x | 1.45x | 1.33x |
| Net DebtTotal debt minus cash | $5.2B | $144.5B | $32.3B | $29.3B | $70.3B | $35.2B |
| Cash & Equiv.Liquid assets | $574M | $1.5B | $109M | $63M | $1.3B | $10.3B |
| Total DebtShort + long-term debt | $5.8B | $146.0B | $32.4B | $29.4B | $71.6B | $45.5B |
| Interest CoverageEBIT ÷ Interest expense | 1.78x | 7.85x | 2.86x | 3.37x | 2.64x | 10.70x |
Total Returns (Dividends Reinvested)
WMB leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WMB five years ago would be worth $31,612 today (with dividends reinvested), compared to $16,528 for KO. Over the past 12 months, SOBO leads with a +45.0% total return vs ET's +12.3%. The 3-year compound annual growth rate (CAGR) favors WMB at 37.1% vs KO's 11.7% — a key indicator of consistent wealth creation.
| Metric | ||||||
|---|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +30.4% | +16.3% | +16.1% | +21.9% | +17.1% | +16.4% |
| 1-Year ReturnPast 12 months | +45.0% | +27.4% | +18.8% | +27.1% | +12.3% | +17.7% |
| 3-Year ReturnCumulative with dividends | +74.4% | +69.8% | +110.4% | +157.7% | +77.5% | +39.3% |
| 5-Year ReturnCumulative with dividends | +74.4% | +71.6% | +111.0% | +216.1% | +131.3% | +65.3% |
| 10-Year ReturnCumulative with dividends | +74.4% | +87.2% | +127.9% | +300.0% | +145.5% | +115.0% |
| CAGR (3Y)Annualised 3-year return | +20.4% | +19.3% | +28.1% | +37.1% | +21.1% | +11.7% |
Risk & Volatility
KO leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
KO is the less volatile stock with a -0.23 beta — it tends to amplify market swings less than WMB's 0.09 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. KO currently trades 94.5% from its 52-week high vs ET's 90.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||||
|---|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.01x | -0.02x | -0.03x | 0.10x | 0.01x | -0.24x |
| 52-Week HighHighest price in past year | $38.45 | $58.45 | $34.80 | $80.08 | $20.70 | $84.04 |
| 52-Week LowLowest price in past year | $25.02 | $43.59 | $25.60 | $55.82 | $16.18 | $65.35 |
| % of 52W HighCurrent price vs 52-week peak | +93.3% | +93.3% | +90.8% | +91.3% | +90.6% | +94.5% |
| RSI (14)Momentum oscillator 0–100 | 46.7 | 42.4 | 43.6 | 41.6 | 37.5 | 49.2 |
| Avg Volume (50D)Average daily shares traded | 763K | 3.9M | 9.5M | 5.6M | 11.5M | 13.6M |
Analyst Outlook
Evenly matched — ET and KO each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: SOBO as "Hold", ENB as "Buy", KMI as "Hold", WMB as "Buy", ET as "Buy", KO as "Buy". Consensus price targets imply 22.7% upside for ET (target: $23) vs -14.1% for ENB (target: $47). For income investors, ET offers the higher dividend yield at 6.90% vs KO's 2.56%.
| Metric | ||||||
|---|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $31.80 | $46.86 | $36.67 | $83.75 | $23.00 | $86.13 |
| # AnalystsCovering analysts | 6 | 25 | 34 | 34 | 33 | 48 |
| Dividend YieldAnnual dividend ÷ price | +5.7% | +6.7% | +3.7% | +2.7% | +6.9% | +2.6% |
| Dividend StreakConsecutive years of raises | 2 | 2 | 8 | 8 | 4 | 56 |
| Dividend / ShareAnnual DPS | $2.03 | $5.16 | $1.17 | $2.00 | $1.29 | $2.04 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +0.2% |
WMB leads in 2 of 6 categories (Income & Cash Flow, Total Returns). KO leads in 2 (Profitability & Efficiency, Risk & Volatility). 1 tied.
SOBO vs ENB vs KMI vs WMB vs ET vs KO: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is SOBO or ENB or KMI or WMB or ET or KO a better buy right now?
For growth investors, Enbridge Inc.
(ENB) is the stronger pick with 21. 9% revenue growth year-over-year, versus -24. 0% for South Bow Corporation (SOBO). Energy Transfer LP (ET) offers the better valuation at 13. 9x trailing P/E (12. 8x forward), making it the more compelling value choice. Analysts rate Enbridge Inc. (ENB) a "Buy" — based on 25 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 — SOBO or ENB or KMI or WMB or ET or KO?
On trailing P/E, Energy Transfer LP (ET) is the cheapest at 13.
9x versus The Williams Companies, Inc. at 34. 2x. On forward P/E, Energy Transfer LP is actually cheaper at 12. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Kinder Morgan, Inc. wins at 0. 22x versus The Coca-Cola Company's 2. 17x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — SOBO or ENB or KMI or WMB or ET or KO?
Over the past 5 years, The Williams Companies, Inc.
(WMB) delivered a total return of +216. 1%, compared to +65. 3% for The Coca-Cola Company (KO). Over 10 years, the gap is even starker: WMB returned +300. 0% versus SOBO's +74. 4%. 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 — SOBO or ENB or KMI or WMB or ET or KO?
By beta (market sensitivity over 5 years), The Coca-Cola Company (KO) is the lower-risk stock at -0.
24β versus The Williams Companies, Inc. 's 0. 10β — meaning WMB is approximately -143% more volatile than KO relative to the S&P 500. On balance sheet safety, Kinder Morgan, Inc. (KMI) carries a lower debt/equity ratio of 100% versus 2% for South Bow Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — SOBO or ENB or KMI or WMB or ET or KO?
By revenue growth (latest reported year), Enbridge Inc.
(ENB) is pulling ahead at 21. 9% versus -24. 0% for South Bow Corporation (SOBO). On earnings-per-share growth, the picture is similar: South Bow Corporation grew EPS 38. 8% year-over-year, compared to 5. 5% for Energy Transfer LP. Over a 3-year CAGR, ENB leads at 6. 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.
06Which has better profit margins — SOBO or ENB or KMI or WMB or ET or KO?
South Bow Corporation (SOBO) is the more profitable company, earning 27.
4% net margin versus 5. 9% for Energy Transfer LP — meaning it keeps 27. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WMB leads at 36. 8% versus 11. 4% for ET. At the gross margin level — before operating expenses — KO leads at 61. 6%, 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 SOBO or ENB or KMI or WMB or ET or KO more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Kinder Morgan, Inc. (KMI) is the more undervalued stock at a PEG of 0. 22x versus The Coca-Cola Company's 2. 17x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Energy Transfer LP (ET) trades at 12. 8x forward P/E versus 30. 9x for The Williams Companies, Inc. — 18. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ET: 22. 7% to $23. 00.
08Which pays a better dividend — SOBO or ENB or KMI or WMB or ET or KO?
All stocks in this comparison pay dividends.
Energy Transfer LP (ET) offers the highest yield at 6. 9%, versus 2. 6% for The Coca-Cola Company (KO).
09Is SOBO or ENB or KMI or WMB or ET or KO better for a retirement portfolio?
For long-horizon retirement investors, The Coca-Cola Company (KO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
24), 2. 6% yield, +115. 0% 10Y return). Both have compounded well over 10 years (KO: +115. 0%, SOBO: +74. 4%), 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 SOBO and ENB and KMI and WMB and ET and KO?
These companies operate in different sectors (SOBO (Energy) and ENB (Energy) and KMI (Energy) and WMB (Energy) and ET (Energy) and KO (Consumer Defensive)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: SOBO is a small-cap deep-value stock; ENB is a mid-cap high-growth stock; KMI is a mid-cap income-oriented stock; WMB is a mid-cap quality compounder stock; ET is a mid-cap deep-value stock; KO is a large-cap quality compounder stock. 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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