undamentalytics Newsletter

Oil & Gas Storage & Transportation stocks

35 US-listed companies in oil & gas storage & transportation, with $322.5bn of combined revenue in their latest fiscal years. Enterprise Products Partners L.p. is the largest ($52.6bn). The fastest grower with at least $100m of revenue in both years is Venture Global, Inc., up 176.9%. The median company grew 8.1% with a net margin of 15.1%.

Companies35
Combined revenue$322.5bn
Median revenue growth8.1%
Median net margin15.1%
Median return on equity10.9%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Enterprise Products Partners L.p.EPD $52.6bn −6.4% 11.0% — 2025
2 Plains ALL American Pipeline LPPAA $44.3bn −9.5% 3.2% — 2025
3 Plains GP Holdings LPPAGP $44.3bn −9.5% 0.6% — 2025
4 OneokOKE $33.6bn 55.0% 10.1% 17.2% 2025
5 Cheniere Energy, Inc.LNG $20.0bn 27.2% 26.7% 78.3% 2025
6 Targa ResourcesTRGP $17.0bn 3.9% 11.3% 67.9% 2025
7 Kinder MorganKMI $16.9bn 12.2% 18.0% 9.9% 2025
8 Venture Global, Inc.VG $13.8bn 176.9% 16.4% 46.9% 2025
9 Mplx LPMPLX $13.0bn 8.9% 37.8% — 2025
10 Williams CompaniesWMB $11.9bn 13.8% 21.9% 20.7% 2025
11 TC Energy CorpTRP $10.9bn 8.5% 23.1% 12.9% 2025
12 Cheniere Energy Partners, L.p.CQP $10.8bn 23.6% 27.8% — 2025
13 Pembina Pipeline CorpPBA $5.6bn 3.3% 21.8% 9.9% 2025
14 Western Midstream Partners, LPWES $3.8bn 6.6% 30.7% — 2025
15 NGL Energy Partners LPNGL $3.2bn −9.0% −4.5% — 2026
16 South Bow CorpSOBO $2.0bn −6.3% 21.8% 16.3% 2025
17 Frontline plcFRO $2.0bn −8.8% 19.2% 15.6% 2025
18 Kinetik Holdings Inc.KNTK $1.8bn 19.0% 10.1% — 2025
19 Cmb.tech NVCMBT $1.7bn 77.2% 9.6% 8.4% 2025
20 Genesis Energy LPGEL $1.6bn −1.8% −27.0% — 2025
21 Hess Midstream LPHESM $1.6bn 8.4% 21.8% — 2025
22 New Fortress Energy Inc.NFE $1.5bn −36.2% −122.7% −179.1% 2025
23 Torm plcTRMD $1.3bn −14.1% 21.3% 13.3% 2025
24 DT Midstream, Inc.DTM $1.2bn 26.7% 35.5% 9.4% 2025
25 Excelerate Energy, Inc.EE $1.2bn 44.3% 3.2% 1.9% 2025
26 Antero Midstream CorpAM $1.2bn 7.4% 34.7% 20.2% 2025
27 Delek Logistics Partners, LPDKL $1.0bn 7.7% 17.4% — 2025
28 Martin Midstream Partners L.p.MMLP $716m 1.2% −2.1% — 2025
29 Summit Midstream CorpSMC $562m 30.8% −1.1% −1.2% 2025
30 TMD Energy LtdTMDE $545m −20.8% −3.4% −182.0% 2026
31 Waterbridge Infrastructure LLCWBI $526m 66.2% 0.0% 0.0% 2025
32 Landbridge CorpLB $199m 81.1% 15.1% 10.9% 2025
33 Vivakor, Inc.VIVK $104m 16.3% −105.6% −137.3% 2025
34 Stabilis Solutions, Inc.SLNG $68m −6.9% −2.0% −2.0% 2025
35 Nextdecade CorpNEXT $0 — — −181.7% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other energy industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.