Compare · NGL vs TRP
NGL vs TRP
Side-by-side comparison of NGL ENERGY PARTNERS LP (NGL) and TC Energy Corporation (TRP): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both NGL and TRP operate in Natural Gas Distribution (Utilities), so they compete in similar markets.
- TRP is the larger of the two at $72.67B, about 38.4x NGL ($1.89B).
- Over the past year, NGL is up 255.2% and TRP is up 47.1% - NGL leads by 208.1 points.
- NGL has been more active in the news (7 items in the past 4 weeks vs 2 for TRP).
- TRP has more recent analyst coverage (25 ratings vs 0 for NGL).
NGL ENERGY PARTNERS LP
NGL Energy Partners LP engages in the crude oil and liquids logistics, and water solution businesses. The company's Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and pipeline transportation services. Its Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and brackish non-potable water. The company's Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 28 terminals, third-party storage and terminal facilities, and common carrier pipelines, as well as through fleet of leased railcars. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia; and offers terminaling and storage services. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
TC Energy Corporation
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage segments. The company builds and operates 93,400 km network of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,200 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
Latest NGL
- Chief Executive Officer Krimbill H Michael was granted 700,000 units of Common Units, increasing direct ownership by 24% to 3,678,615 units (SEC Form 4)
- Director Reiners Derek S was granted 24,000 units of Common Units, increasing direct ownership by 19% to 150,000 units (SEC Form 4)
- Director Guderian Bryan K was granted 24,000 units of Common Units, increasing direct ownership by 20% to 146,500 units (SEC Form 4)
- CFO & EVP Cooper Bradley P was granted 600,000 units of Common Units, increasing direct ownership by 300% to 800,000 units (SEC Form 4)
- Director Collingsworth James M was granted 24,000 units of Common Units (SEC Form 4)
- Director Coady Shawn W was granted 24,000 units of Common Units, increasing direct ownership by 14% to 196,304 units (SEC Form 4)
- NGL Energy Partners Announces Earnings Call
- NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units
- NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2026 Financial Results; Guidance for Fiscal 2027
- SEC Form 10-K filed by NGL ENERGY PARTNERS LP
Latest TRP
- SEC Form 6-K filed by TC Energy Corporation
- TC Energy to host second quarter 2026 conference call on July 30
- SEC Form 11-K filed by TC Energy Corporation
- TC Energy downgraded by Morgan Stanley
- SEC Form 6-K filed by TC Energy Corporation
- TC Energy announces 2026 annual meeting Board of Directors election results
- TC Energy reports strong first quarter 2026 operating and financial results
- TC Energy upgraded by CIBC
- TC Energy upgraded by Goldman with a new price target
- TC Energy to host first quarter 2026 conference call on May 1 and hold annual meeting of common shareholders on May 7