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National Grid (NGG) Competitors

$55.98
-2.66 (-4.54%)
(As of 06/7/2024 ET)

NGG vs. EPD, ET, WMB, KMI, TRP, TRGP, WES, AM, DTM, and ETRN

Should you be buying National Grid stock or one of its competitors? The main competitors of National Grid include Enterprise Products Partners (EPD), Energy Transfer (ET), Williams Companies (WMB), Kinder Morgan (KMI), TC Energy (TRP), Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), DT Midstream (DTM), and Equitrans Midstream (ETRN). These companies are all part of the "natural gas transmission" industry.

National Grid vs.

Enterprise Products Partners (NYSE:EPD) and National Grid (NYSE:NGG) are both large-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, community ranking, institutional ownership, media sentiment, risk, dividends, analyst recommendations, profitability and earnings.

Enterprise Products Partners received 444 more outperform votes than National Grid when rated by MarketBeat users. Likewise, 80.51% of users gave Enterprise Products Partners an outperform vote while only 58.82% of users gave National Grid an outperform vote.

CompanyUnderperformOutperform
Enterprise Products PartnersOutperform Votes
954
80.51%
Underperform Votes
231
19.49%
National GridOutperform Votes
510
58.82%
Underperform Votes
357
41.18%

Enterprise Products Partners pays an annual dividend of $2.06 per share and has a dividend yield of 7.3%. National Grid pays an annual dividend of $2.36 per share and has a dividend yield of 4.2%. Enterprise Products Partners pays out 80.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enterprise Products Partners has increased its dividend for 1 consecutive years. Enterprise Products Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Enterprise Products Partners had 14 more articles in the media than National Grid. MarketBeat recorded 25 mentions for Enterprise Products Partners and 11 mentions for National Grid. National Grid's average media sentiment score of 0.81 beat Enterprise Products Partners' score of 0.72 indicating that Enterprise Products Partners is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enterprise Products Partners
13 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
National Grid
5 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

26.1% of Enterprise Products Partners shares are owned by institutional investors. Comparatively, 4.7% of National Grid shares are owned by institutional investors. 32.6% of Enterprise Products Partners shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Enterprise Products Partners has higher revenue and earnings than National Grid.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enterprise Products Partners$49.72B1.24$5.53B$2.5511.12
National Grid$24.95B1.67$2.88BN/AN/A

Enterprise Products Partners presently has a consensus target price of $32.69, indicating a potential upside of 15.30%. Given National Grid's stronger consensus rating and higher probable upside, research analysts clearly believe Enterprise Products Partners is more favorable than National Grid.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enterprise Products Partners
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.93
National Grid
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

Enterprise Products Partners has a net margin of 10.76% compared to Enterprise Products Partners' net margin of 0.00%. National Grid's return on equity of 19.73% beat Enterprise Products Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
Enterprise Products Partners10.76% 19.73% 8.00%
National Grid N/A N/A N/A

Enterprise Products Partners has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500. Comparatively, National Grid has a beta of 0.61, meaning that its stock price is 39% less volatile than the S&P 500.

Summary

Enterprise Products Partners beats National Grid on 18 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NGG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NGG vs. The Competition

MetricNational GridNatural gas transmission IndustryUtilities SectorNYSE Exchange
Market Cap$41.65B$19.64B$13.06B$17.69B
Dividend Yield4.01%5.82%4.11%3.54%
P/E RatioN/A20.3693.2324.36
Price / Sales1.672.9024.0014.08
Price / Cash7.069.2516.2119.71
Price / Book1.112.381.884.99
Net Income$2.88B$1.24B$554.14M$975.33M
7 Day Performance-3.25%-1.88%-0.61%-1.87%
1 Month Performance-19.85%-1.65%0.86%-0.74%
1 Year Performance-16.44%33.37%-0.56%8.66%

National Grid Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EPD
Enterprise Products Partners
4.0672 of 5 stars
$28.33
+0.3%
$32.69
+15.4%
+8.1%$61.51B$49.72B11.117,500Analyst Upgrade
Options Volume
ET
Energy Transfer
3.3806 of 5 stars
$15.37
-0.1%
$18.43
+19.9%
+20.0%$51.80B$78.59B14.1013,786Positive News
WMB
Williams Companies
3.7549 of 5 stars
$41.32
+0.8%
$40.45
-2.1%
+29.7%$50.36B$10.91B17.365,601Analyst Upgrade
Options Volume
Positive News
KMI
Kinder Morgan
3.0619 of 5 stars
$19.66
+0.8%
$20.50
+4.3%
+13.9%$43.63B$15.33B17.8710,891Analyst Upgrade
Positive News
TRP
TC Energy
3.3457 of 5 stars
$38.61
+0.6%
$48.83
+26.5%
-5.5%$38.61B$11.80B19.907,415Positive News
TRGP
Targa Resources
4.7661 of 5 stars
$116.72
+0.2%
$121.50
+4.1%
+62.1%$25.88B$16.06B24.023,182Analyst Forecast
Positive News
WES
Western Midstream Partners
1.7636 of 5 stars
$37.01
+1.0%
$31.55
-14.8%
+42.5%$14.08B$3.11B10.421,377Positive News
AM
Antero Midstream
3.427 of 5 stars
$14.50
+0.6%
$12.70
-12.4%
+31.8%$6.98B$1.04B18.13604Analyst Upgrade
Positive News
DTM
DT Midstream
3.8805 of 5 stars
$67.96
+1.6%
$63.71
-6.2%
+39.5%$6.60B$922M16.58402Analyst Upgrade
Positive News
ETRN
Equitrans Midstream
3.6277 of 5 stars
$14.11
-0.8%
$11.22
-20.5%
+47.6%$6.17B$1.38B15.68773Positive News

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This page (NYSE:NGG) was last updated on 6/8/2024 by MarketBeat.com Staff

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