Oil and gas pipeline stocks with the lowest price to sales ratio

Ranked

26

of 29 oil and gas pipeline stocks we cover

Median

2.7×

Lowest

0.1×

PAGP

Range

0.1× to 9.6×

#	Company	P/S	Net margin	Revenue growth (TTM)	Market cap
1	PAGPPlains GP	0.1×	1.1%	+12.2%	$5.7B
2	PAAPlains All American Pipeline	0.4×	5.3%	+12.2%	$18.8B
3	NGLNGL Energy Partners	0.6×	−3.8%	+5.8%	$1.9B
4	CTRICenturi	0.6×	0.9%	+25.2%	$2B
5	DWSNDawson Geophysical	0.6×	3.5%	+86.3%	$63M
6	ETEnergy Transfer	0.6×	4.9%	+33.3%	$69B
7	GELGenesis Energy	0.9×	4.3%	+16.6%	$1.7B
8	SMCSummit Midstream	1.1×	1.3%	+20.9%	$633.8M
9	EPDEnterprise Products Partners	1.4×	10.8%	+6.8%	$80.1B
10	OKEONEOK	1.5×	9.3%	+40.8%	$60.4B
11	VGVenture Global	2.1×	22.3%	+100.7%	$35B
12	RGCORGC Resources	2.2×	13.1%	+13.8%	$237.8M
13	DKLDelek Logistics Partners	2.5×	n/m	+30.3%	$3B
14	CQPCheniere Energy Partners	2.8×	27.3%	+15.4%	$32B
15	LNGCheniere Energy	2.9×	13.6%	+17.5%	$61.7B
16	KGSKodiak Gas Services	3.2×	5.8%	+8.2%	$4.5B
17	CPKChesapeake Utilities	3.3×	15.1%	+14.6%	$3.2B
18	AROCArchrock	3.4×	21.8%	+11.5%	$5.1B
19	SWXSouthwest Gas	3.8×	29.8%	−37.2%	$6.6B
20	TRGPTarga Resources	3.9×	13.5%	−2.0%	$64.8B
21	KMIKinder Morgan	4.3×	19.3%	+12.5%	$76.7B
22	WESWestern Midstream Partners	4.3×	29.6%	+18.0%	$18.6B
23	KNTKKinetik	4.8×	10.4%	+14.1%	$9B
24	WMBWilliams Companies	7.2×	25.2%	+8.7%	$87.7B
25	AMAntero Midstream	7.5×	30.4%	+7.2%	$9.9B
26	DTMDT Midstream	9.6×	35.7%	+18.1%	$12.6B

Not ranked: 1 with no price to sales (not meaningful for banks and some insurers). 1 company whose data behind this number has a caveat is left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.