Sifting through countless of stocks in the Oil, Gas & Consumable Fuels industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Energy Transfer LP, Plains All American Pipeline or L.P. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Energy Transfer LP, Plains All American Pipeline and L.P. compare based on key financial metrics to determine which better meets your investment needs.

About Energy Transfer LP, Plains All American Pipeline and L.P.

Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other segments. The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plants, and treating and conditioning facilities; and natural gas gathering, compression, treating, dehydration and processing, oil pipeline facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, trucking, acquisition, and marketing activities; owns and operates approximately 18,000 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as management of coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, trucks, and on barges or railcars. This segment provides terminalling, storage, and other related services, as well as merchant activities. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminaling. This segment also includes ethane, propane, normal butane, iso-butane, and natural gasoline derived from natural gas production and processing activities, as well as crude oil refining processes. Its NGL components are used for various applications, such as heating, engine, and industrial fuels. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.

Latest Oil, Gas & Consumable Fuels and Energy Transfer LP, Plains All American Pipeline, L.P. Stock News

As of July 24, 2026, Energy Transfer LP had a $70.1 billion market capitalization, compared to the Oil, Gas & Consumable Fuels median of $2.8 million. Energy Transfer LP’s stock is up 23.5% in 2026, up 0.2% in the previous five trading days and up 16.74% in the past year.

Currently, Energy Transfer LP’s price-earnings ratio is 17.0. Energy Transfer LP’s trailing 12-month revenue is $92.3 billion with a 4.7% net profit margin. Year-over-year quarterly sales growth most recently was 32.1%. Analysts expect adjusted earnings to reach $1.528 per share for the current fiscal year. Energy Transfer LP currently has a 6.6% dividend yield.

As of July 24, 2026, Plains All American Pipeline, L.P. had a $17.4 billion market cap, putting it in the 84th percentile of all stocks. Plains All American Pipeline, L.P.’s stock is up 37% in 2026, up 3.1% in the previous five trading days and up 31.62% in the past year.

Currently, Plains All American Pipeline, L.P.’s price-earnings ratio is 22.2. Plains All American Pipeline, L.P.’s trailing 12-month revenue is $45.3 billion with a 2.5% net profit margin. Year-over-year quarterly sales growth most recently was 8.7%. Analysts expect adjusted earnings to reach $1.683 per share for the current fiscal year. Plains All American Pipeline, L.P. currently has a 6.8% dividend yield.

How We Compare Energy Transfer LP, Plains All American Pipeline and L.P. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Energy Transfer LP, Plains All American Pipeline and L.P.’s stock grades to see how they measure up against one another.

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Energy Transfer LP, Plains All American Pipeline and L.P. Growth Grades

Company	Ticker	Growth
Energy Transfer LP	ET	A
Plains All American Pipeline, L.P.	PAA	B

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Energy Transfer LP has a Growth Score of 83, which is Very Strong. Plains All American Pipeline, L.P. has a Growth Score of 64, which is Strong.

The Growth Grade Winner: Energy Transfer LP

As you can clearly see from the Growth Grade breakdown above, Energy Transfer LP has a more attractive growth grade than Plains All American Pipeline, L.P.. For investors who focus solely on how a company is growing relative to other companies in the same industry, Energy Transfer LP could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Energy Transfer LP, Plains All American Pipeline and L.P.’s Quality Grades

Company	Ticker	Quality
Energy Transfer LP	ET	D
Plains All American Pipeline, L.P.	PAA	D

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Energy Transfer LP has a Quality Score of 37, which is Weak. Plains All American Pipeline, L.P. has a Quality Score of 33, which is Weak.

The Quality Stock Winner: No Clear Winner

Neither Energy Transfer LP, Plains All American Pipeline or L.P. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Energy Transfer LP, Plains All American Pipeline or L.P. is the better investment when it comes to quality.

Energy Transfer LP, Plains All American Pipeline and L.P.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Energy Transfer LP	ET	C
Plains All American Pipeline, L.P.	PAA	D

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Energy Transfer LP has a Earnings Estimate Score of 54, which is Neutral. Plains All American Pipeline, L.P. has a Earnings Estimate Score of 21, which is Negative.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither Energy Transfer LP, Plains All American Pipeline or L.P. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Energy Transfer LP, Plains All American Pipeline or L.P. is the better investment when it comes to estimate revisions.

Other Energy Transfer LP, Plains All American Pipeline and L.P. Grades

In addition to Growth, Estimate Revisions and Quality, A+ Investor also provides grades for Value and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Energy Transfer LP, Plains All American Pipeline and L.P. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Energy Transfer LP, Plains All American Pipeline or L.P. Stock?

Overall, Energy Transfer LP stock has a Growth Score of 83, Estimate Revisions Score of 54 and Quality Score of 37.

Plains All American Pipeline, L.P. stock has a Growth Score of 64, Estimate Revisions Score of 21 and Quality Score of 33.

Comparing Energy Transfer LP, Plains All American Pipeline and L.P.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.