Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
AM
Valuation N/A
Antero Midstream Corp
Price$21.19
Model IV—
P/IV—
Limited data — see page
AROC
Deeply overvalued
Archrock, Inc.
Price$30.34
Model IV$17.52
P/IV1.73
Premium +73%
Return to IV: -42.3%
ATO
Deeply overvalued
ATMOS ENERGY CORP
Price$160.66
Model IV$76.20
P/IV2.05
Premium +111%
Return to IV: -52.6%
BIPC
Deeply overvalued
Brookfield Infrastructure Corp
Price$37.13
Model IV$17.38
P/IV2.07
Premium +114%
Return to IV: -53.2%
CETY
Deeply overvalued
Clean Energy Technologies, Inc.
Price$1.02
Model IV$0.27
P/IV3.74
Premium +278%
Return to IV: -73.5%
CPK
Deeply overvalued
CHESAPEAKE UTILITIES CORP
Price$128.16
Model IV$89.70
P/IV1.37
Premium +43%
Return to IV: -30.0%
CQP
Deeply overvalued
Cheniere Energy Partners, L.P.
Price$63.81
Model IV$42.66
P/IV1.38
Premium +50%
Return to IV: -33.1%
CTRI
Valuation N/A
Centuri Holdings, Inc.
Price$20.81
Model IV—
P/IV—
Limited data — see page
DTM
Deeply overvalued
DT Midstream, Inc.
Price$123.76
Model IV$71.82
P/IV1.74
Premium +72%
Return to IV: -42.0%
EE
Valuation N/A
Excelerate Energy, Inc.
Price$34.67
Model IV—
P/IV—
Limited data — see page
EPD
Deeply overvalued
ENTERPRISE PRODUCTS PARTNERS L.P.
Price$36.75
Model IV$18.23
P/IV2.02
Premium +102%
Return to IV: -50.4%
ET
Deeply overvalued
Energy Transfer LP
Price$20.41
Model IV$10.12
P/IV2.02
Premium +102%
Return to IV: -50.4%
KGS
Fairly valued
Kodiak Gas Services, Inc.
Price$53.57
Model IV$47.58
P/IV1.41
Premium +13%
Return to IV: -11.2%
KMI
Deeply overvalued
KINDER MORGAN, INC.
Price$32.25
Model IV$17.04
P/IV1.84
Premium +89%
Return to IV: -47.2%
KNTK
Deeply overvalued
Kinetik Holdings Inc.
Price$54.41
Model IV$24.77
P/IV2.14
Premium +120%
Return to IV: -54.5%
LNG
Valuation N/A
Cheniere Energy, Inc.
Price$277.88
Model IV—
P/IV—
Limited data — see page
NEXT
Overvalued
NextDecade Corp
Price$6.75
Model IV$5.71
P/IV1.39
Premium +18%
Return to IV: -15.4%
NFE
Valuation N/A
New Fortress Energy Inc.
Price$4.32
Model IV—
P/IV—
Limited data — see page
NFG
Deeply overvalued
NATIONAL FUEL GAS CO
Price$78.21
Model IV$39.50
P/IV1.99
Premium +98%
Return to IV: -49.5%
NGG
Deeply overvalued
NATIONAL GRID PLC
Price$77.11
Model IV$27.81
P/IV2.73
Premium +177%
Return to IV: -63.9%
NGL
Deeply overvalued
NGL Energy Partners LP
Price$15.27
Model IV$11.27
P/IV1.52
Premium +35%
Return to IV: -26.2%
NJR
Undervalued
NEW JERSEY RESOURCES CORP
Price$51.01
Model IV$62.01
P/IV0.89
Discount 18%
Return to IV: +21.6%
NWN
Deeply overvalued
Northwest Natural Holding Co
Price$47.80
Model IV$23.54
P/IV2.00
Premium +103%
Return to IV: -50.8%
OGS
Undervalued
ONE Gas, Inc.
Price$72.36
Model IV$92.17
P/IV0.84
Discount 21%
Return to IV: +27.4%
OKE
Deeply overvalued
ONEOK INC /NEW/
Price$90.29
Model IV$63.29
P/IV1.41
Premium +43%
Return to IV: -29.9%
RGCO
Deeply overvalued
RGC RESOURCES INC
Price$22.61
Model IV$17.35
P/IV1.33
Premium +30%
Return to IV: -23.3%
SLNG
Deeply overvalued
Stabilis Solutions, Inc.
Price$5.32
Model IV$2.26
P/IV1.63
Premium +135%
Return to IV: -57.5%
SMC
Deeply overvalued
Summit Midstream Corp
Price$32.69
Model IV$14.10
P/IV1.89
Premium +132%
Return to IV: -56.9%
SR
Overvalued
SPIRE INC
Price$77.99
Model IV$64.27
P/IV1.20
Premium +21%
Return to IV: -17.6%
SRJN
Deeply undervalued
SPIRE INC
Price$21.12
Model IV$59.77
P/IV0.36
Discount 65%
Return to IV: +183.0%
SWX
Deeply overvalued
Southwest Gas Holdings, Inc.
Price$83.51
Model IV$32.13
P/IV2.56
Premium +160%
Return to IV: -61.5%
TCPA
Deeply overvalued
TRANSCANADA PIPELINES LTD
Price$20.29
Model IV$10.46
P/IV2.02
Premium +94%
Return to IV: -48.4%
TGS
Deeply overvalued
GAS TRANSPORTER OF THE SOUTH INC
Price$26.39
Model IV$13.58
P/IV2.02
Premium +94%
Return to IV: -48.5%
TRGP
Deeply overvalued
Targa Resources Corp.
Price$288.49
Model IV$82.11
P/IV3.48
Premium +251%
Return to IV: -71.5%
TRP
Deeply overvalued
TC ENERGY CORP
Price$59.98
Model IV$31.41
P/IV1.92
Premium +91%
Return to IV: -47.6%
UGP
Deeply overvalued
ULTRAPAR HOLDINGS INC
Price$7.79
Model IV$3.26
P/IV1.94
Premium +139%
Return to IV: -58.2%
USAC
Deeply overvalued
USA Compression Partners, LP
Price$25.38
Model IV$12.80
P/IV2.02
Premium +98%
Return to IV: -49.6%
VG
Valuation N/A
Venture Global, Inc.
Price$13.29
Model IV—
P/IV—
Limited data — see page
WES
Deeply undervalued
Western Midstream Partners, LP
Price$45.82
Model IV$79.57
P/IV0.57
Discount 42%
Return to IV: +73.7%
WMB
Deeply overvalued
WILLIAMS COMPANIES, INC.
Price$72.34
Model IV$41.56
P/IV1.70
Premium +74%
Return to IV: -42.5%
