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5 / 10Stock Comparison
SPH vs NGL vs TRGP vs DKNG vs UGI
Revenue, margins, valuation, and 5-year total return — side by side.
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Oil & Gas Midstream
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Regulated Gas
SPH vs NGL vs TRGP vs DKNG vs UGI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Regulated Gas | Oil & Gas Midstream | Oil & Gas Midstream | Gambling, Resorts & Casinos | Regulated Gas |
| Market Cap | $1.30B | $2.00B | $54.26B | $12.50B | $6.94B |
| Revenue (TTM) | $842M | $3.03B | $16.38B | $6.05B | $7.36B |
| Net Income (TTM) | $133M | $159M | $2.13B | $4M | $641M |
| Gross Margin | -10.4% | 46.8% | 22.1% | 41.3% | 30.3% |
| Operating Margin | 25.4% | 13.3% | 21.1% | -0.2% | 15.4% |
| Forward P/E | 10.5x | 47.4x | 24.9x | 99.1x | 10.6x |
| Total Debt | $1.33B | $3.08B | $17.55B | $1.93B | $7.56B |
| Cash & Equiv. | $4M | $6M | $166M | $1.60B | $355M |
SPH vs NGL vs TRGP vs DKNG vs UGI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Suburban Propane Pa… (SPH) | 100 | 134.1 | +34.1% |
| NGL Energy Partners… (NGL) | 100 | 316.3 | +216.3% |
| Targa Resources Cor… (TRGP) | 100 | 1411.1 | +1311.1% |
| DraftKings Inc. (DKNG) | 100 | 63.5 | -36.5% |
| UGI Corporation (UGI) | 100 | 101.5 | +1.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SPH vs NGL vs TRGP vs DKNG vs UGI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SPH carries the broadest edge in this set and is the clearest fit for income & stability and valuation efficiency.
- Dividend streak 4 yrs, beta 0.25, yield 6.6%
- PEG 0.98 vs UGI's 2.60
- Lower P/E (10.5x vs 99.1x)
- 15.8% margin vs DKNG's 0.1%
NGL is the #2 pick in this set and the best alternative if defensive is your priority.
- Beta 0.67, yield 14.3%, current ratio 1.30x
- 14.3% yield, 2-year raise streak, vs SPH's 6.6%, (1 stock pays no dividend)
- +417.0% vs DKNG's -27.3%
TRGP ranks third and is worth considering specifically for long-term compounding.
- 6.2% 10Y total return vs NGL's 78.8%
- 8.5% ROA vs DKNG's 0.1%, ROIC 13.2% vs -0.9%
DKNG is the clearest fit if your priority is growth exposure.
- Rev growth 27.0%, EPS growth 99.2%, 3Y rev CAGR 39.3%
- 27.0% revenue growth vs NGL's -16.5%
UGI is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 0.27, current ratio 0.89x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 27.0% revenue growth vs NGL's -16.5% | |
| Value | Lower P/E (10.5x vs 99.1x) | |
| Quality / Margins | 15.8% margin vs DKNG's 0.1% | |
| Stability / Safety | Beta 0.25 vs DKNG's 1.12, lower leverage | |
| Dividends | 14.3% yield, 2-year raise streak, vs SPH's 6.6%, (1 stock pays no dividend) | |
| Momentum (1Y) | +417.0% vs DKNG's -27.3% | |
| Efficiency (ROA) | 8.5% ROA vs DKNG's 0.1%, ROIC 13.2% vs -0.9% |
SPH vs NGL vs TRGP vs DKNG vs UGI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
SPH vs NGL vs TRGP vs DKNG vs UGI — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
SPH leads in 1 of 6 categories
UGI leads 1 • TRGP leads 1 • NGL leads 1 • DKNG leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
SPH leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TRGP is the larger business by revenue, generating $16.4B annually — 19.5x SPH's $842M. SPH is the more profitable business, keeping 15.8% of every revenue dollar as net income compared to DKNG's 0.1%. On growth, DKNG holds the edge at +42.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $842M | $3.0B | $16.4B | $6.1B | $7.4B |
| EBITDAEarnings before interest/tax | $284M | $672M | $5.0B | $266M | $1.7B |
| Net IncomeAfter-tax profit | $133M | $159M | $2.1B | $4M | $641M |
| Free Cash FlowCash after capex | $111M | $291M | $1.2B | $612M | $629M |
| Gross MarginGross profit ÷ Revenue | -10.4% | +46.8% | +22.1% | +41.3% | +30.3% |
| Operating MarginEBIT ÷ Revenue | +25.4% | +13.3% | +21.1% | -0.2% | +15.4% |
| Net MarginNet income ÷ Revenue | +15.8% | +5.3% | +13.0% | +0.1% | +8.7% |
| FCF MarginFCF ÷ Revenue | +13.2% | +9.6% | +7.1% | +10.1% | +8.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -100.0% | -41.3% | -15.6% | +42.8% | +0.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +31792.8% | +4.2% | -100.0% | +192.9% | +6.4% |
Valuation Metrics
UGI leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 10.5x trailing earnings, UGI trades at a 65% valuation discount to TRGP's 29.6x P/E. Adjusting for growth (PEG ratio), SPH offers better value at 1.12x vs UGI's 2.56x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $1.3B | $2.0B | $54.3B | $12.5B | $6.9B |
| Enterprise ValueMkt cap + debt − cash | $2.6B | $5.1B | $71.6B | $12.8B | $14.1B |
| Trailing P/EPrice ÷ TTM EPS | 12.07x | -26.88x | 29.63x | -3113.58x | 10.46x |
| Forward P/EPrice ÷ next-FY EPS est. | 10.54x | 47.44x | 24.88x | 99.14x | 10.62x |
| PEG RatioP/E ÷ EPS growth rate | 1.12x | — | — | — | 2.56x |
| EV / EBITDAEnterprise value multiple | 9.43x | 8.51x | 14.44x | 49.42x | 8.48x |
| Price / SalesMarket cap ÷ Revenue | 0.91x | 0.58x | 3.17x | 2.06x | 0.95x |
| Price / BookPrice ÷ Book value/share | 2.14x | 3.05x | 16.97x | 19.81x | 1.48x |
| Price / FCFMarket cap ÷ FCF | 22.37x | 38.67x | 92.90x | 19.31x | 17.80x |
Profitability & Efficiency
TRGP leads this category, winning 4 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 $0 for DKNG. UGI carries lower financial leverage with a 1.58x debt-to-equity ratio, signaling a more conservative balance sheet compared to TRGP's 5.49x. On the Piotroski fundamental quality scale (0–9), SPH scores 7/9 vs UGI's 5/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +20.4% | +132.6% | +70.8% | +0.5% | +12.8% |
| ROA (TTM)Return on assets | +5.7% | +3.6% | +8.5% | +0.1% | +4.1% |
| ROICReturn on invested capital | +8.1% | +6.4% | +13.2% | -0.9% | +7.1% |
| ROCEReturn on capital employed | +10.4% | +8.3% | +16.7% | -0.6% | +8.3% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 7 | 6 | 7 | 5 |
| Debt / EquityFinancial leverage | 2.22x | 4.42x | 5.49x | 3.06x | 1.58x |
| Net DebtTotal debt minus cash | $1.3B | $3.1B | $17.4B | $330M | $7.2B |
| Cash & Equiv.Liquid assets | $4M | $6M | $166M | $1.6B | $355M |
| Total DebtShort + long-term debt | $1.3B | $3.1B | $17.5B | $1.9B | $7.6B |
| Interest CoverageEBIT ÷ Interest expense | 2.42x | 2.15x | 6.52x | 1.92x | 2.69x |
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 $72,658 today (with dividends reinvested), compared to $5,209 for DKNG. Over the past 12 months, NGL leads with a +417.0% total return vs DKNG's -27.3%. The 3-year compound annual growth rate (CAGR) favors NGL at 80.6% vs DKNG's 1.4% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +8.2% | +62.9% | +36.4% | -29.3% | -13.1% |
| 1-Year ReturnPast 12 months | +4.0% | +417.0% | +61.6% | -27.3% | +0.7% |
| 3-Year ReturnCumulative with dividends | +55.5% | +488.7% | +268.0% | +4.3% | +22.3% |
| 5-Year ReturnCumulative with dividends | +77.2% | +626.6% | +592.2% | -47.9% | -13.1% |
| 10-Year ReturnCumulative with dividends | +26.2% | +78.8% | +618.0% | +157.3% | +9.6% |
| CAGR (3Y)Annualised 3-year return | +15.9% | +80.6% | +54.4% | +1.4% | +6.9% |
Risk & Volatility
Evenly matched — SPH and NGL each lead in 1 of 2 comparable metrics.
Risk & Volatility
SPH is the less volatile stock with a 0.25 beta — it tends to amplify market swings less than DKNG's 1.12 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NGL currently trades 96.6% from its 52-week high vs DKNG's 51.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.25x | 0.67x | 0.29x | 1.12x | 0.27x |
| 52-Week HighHighest price in past year | $20.80 | $16.69 | $261.95 | $48.78 | $41.34 |
| 52-Week LowLowest price in past year | $17.30 | $2.98 | $144.14 | $20.46 | $31.62 |
| % of 52W HighCurrent price vs 52-week peak | +94.0% | +96.6% | +96.4% | +51.7% | +78.2% |
| RSI (14)Momentum oscillator 0–100 | 40.3 | 65.0 | 54.1 | 55.1 | 37.1 |
| Avg Volume (50D)Average daily shares traded | 104K | 238K | 1.3M | 12.9M | 1.5M |
Analyst Outlook
Evenly matched — SPH and NGL and TRGP each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: SPH as "Hold", NGL as "Hold", TRGP as "Buy", DKNG as "Buy", UGI as "Buy". Consensus price targets imply 46.2% upside for DKNG (target: $37) vs -87.6% for NGL (target: $2). For income investors, NGL offers the higher dividend yield at 14.34% vs TRGP's 1.51%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $21.00 | $2.00 | $237.70 | $36.88 | $42.00 |
| # AnalystsCovering analysts | 16 | 17 | 33 | 48 | 10 |
| Dividend YieldAnnual dividend ÷ price | +6.6% | +14.3% | +1.5% | — | +4.5% |
| Dividend StreakConsecutive years of raises | 4 | 2 | 4 | — | 0 |
| Dividend / ShareAnnual DPS | $1.28 | $2.31 | $3.81 | — | $1.47 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% | +1.2% | +6.6% | +0.5% |
SPH leads in 1 of 6 categories (Income & Cash Flow). UGI leads in 1 (Valuation Metrics). 2 tied.
SPH vs NGL vs TRGP vs DKNG vs UGI: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is SPH or NGL or TRGP or DKNG or UGI a better buy right now?
For growth investors, DraftKings Inc.
(DKNG) is the stronger pick with 27. 0% revenue growth year-over-year, versus -16. 5% for NGL Energy Partners LP (NGL). UGI Corporation (UGI) offers the better valuation at 10. 5x trailing P/E (10. 6x forward), making it the more compelling value choice. Analysts rate Targa Resources Corp. (TRGP) a "Buy" — based on 33 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 — SPH or NGL or TRGP or DKNG or UGI?
On trailing P/E, UGI Corporation (UGI) is the cheapest at 10.
5x versus Targa Resources Corp. at 29. 6x. On forward P/E, Suburban Propane Partners, L. P. is actually cheaper at 10. 5x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Suburban Propane Partners, L. P. wins at 0. 98x versus UGI Corporation's 2. 60x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — SPH or NGL or TRGP or DKNG or UGI?
Over the past 5 years, NGL Energy Partners LP (NGL) delivered a total return of +626.
6%, compared to -47. 9% for DraftKings Inc. (DKNG). Over 10 years, the gap is even starker: TRGP returned +618. 0% versus UGI's +9. 6%. 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 — SPH or NGL or TRGP or DKNG or UGI?
By beta (market sensitivity over 5 years), Suburban Propane Partners, L.
P. (SPH) is the lower-risk stock at 0. 25β versus DraftKings Inc. 's 1. 12β — meaning DKNG is approximately 355% more volatile than SPH relative to the S&P 500. On balance sheet safety, UGI Corporation (UGI) carries a lower debt/equity ratio of 158% versus 5% for Targa Resources Corp. — giving it more financial flexibility in a downturn.
05Which is growing faster — SPH or NGL or TRGP or DKNG or UGI?
By revenue growth (latest reported year), DraftKings Inc.
(DKNG) is pulling ahead at 27. 0% versus -16. 5% for NGL Energy Partners LP (NGL). On earnings-per-share growth, the picture is similar: UGI Corporation grew EPS 147. 2% year-over-year, compared to 42. 1% for Suburban Propane Partners, L. P.. Over a 3-year CAGR, DKNG leads at 39. 3% 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 — SPH or NGL or TRGP or DKNG or UGI?
Targa Resources Corp.
(TRGP) is the more profitable company, earning 10. 8% net margin versus 0. 1% for DraftKings Inc. — meaning it keeps 10. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TRGP leads at 20. 1% versus -0. 3% for DKNG. At the gross margin level — before operating expenses — UGI leads at 49. 9%, 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 SPH or NGL or TRGP or DKNG or UGI 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, Suburban Propane Partners, L. P. (SPH) is the more undervalued stock at a PEG of 0. 98x versus UGI Corporation's 2. 60x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Suburban Propane Partners, L. P. (SPH) trades at 10. 5x forward P/E versus 99. 1x for DraftKings Inc. — 88. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DKNG: 46. 2% to $36. 88.
08Which pays a better dividend — SPH or NGL or TRGP or DKNG or UGI?
In this comparison, NGL (14.
3% yield), SPH (6. 6% yield), UGI (4. 5% yield), TRGP (1. 5% yield) pay a dividend. DKNG does not pay a meaningful dividend and should not be held primarily for income.
09Is SPH or NGL or TRGP or DKNG or UGI better for a retirement portfolio?
For long-horizon retirement investors, Targa Resources Corp.
(TRGP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 29), 1. 5% yield, +618. 0% 10Y return). Both have compounded well over 10 years (TRGP: +618. 0%, DKNG: +157. 3%), 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 SPH and NGL and TRGP and DKNG and UGI?
These companies operate in different sectors (SPH (Utilities) and NGL (Energy) and TRGP (Energy) and DKNG (Consumer Cyclical) and UGI (Utilities)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: SPH is a small-cap deep-value stock; NGL is a small-cap income-oriented stock; TRGP is a mid-cap quality compounder stock; DKNG is a mid-cap high-growth stock; UGI is a small-cap deep-value stock. SPH, NGL, TRGP, UGI pay a dividend while DKNG does not, making them suitable for different income and tax situations. 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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