Global Partners LP (GLP) vs NGL Energy Partners LP (NGL)
Global Partners LP and NGL Energy Partners LP are both Oil & Gas Midstream companies. NGL Energy Partners LP is the larger, with a market value of $1.9B against $1.6B — 1.2× the size. NGL Energy Partners LP has negative trailing earnings, so its P/E is not meaningful; Global Partners LP trades at 9.6×. Global Partners LP grew revenue faster over the last twelve months: 20.4% against 5.76%. Global Partners LP has the higher net margin (0.78% vs −9.96%) and the higher return on invested capital (8.44% vs 2.94%). Across the 20 metrics below, Global Partners LP leads on 14 and NGL Energy Partners LP on 6.
Valuation
Profitability
| Metric | GLP | NGL | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 5.57% | 29.52% | 58.81% |
| Operating margin | 1.55% | 4.05% | 32.14% |
| Net margin | 0.78% | (9.96%) | 21.16% |
| Free cash flow margin | 0.97% | 2.89% | 10.15% |
| Return on equity | 25.90% | 88.77% | 11.30% |
| Return on assets | 4.28% | (8.39%) | 5.00% |
| Return on invested capital | 8.44% | 2.94% | 6.13% |
Growth
Health
Dividend
Size
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