COMPARE · Data as of August 27, 2026

AM vs LPG

Verdict: Side-by-side breakdown using the Bull Rankings model. AM scored 50.2, LPG scored 68.3 — LPG leads.
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AM
Antero Midstream Corporation
Oil & Gas Midstream · Quality-Growth
50.2
$22.53 · $10.7B
fundamentals as of
Score gap
18.1
LPG leads
LPG
Dorian LPG Ltd.
Oil & Gas Midstream · Quality-Growth
68.3
$49.28 · $2.1B
fundamentals as of
  • CheapestLPG6.5x
  • Fastest growthLPG+81.1%
  • Strongest balance sheetLPG0.52
  • Highest qualityLPG86 / 100
  • Largest discount to fair valueAM-57%
THE BULL RANKINGS SCORECARD50.2/ 100 · BULL SCOREPEER MEDIANQUALITY73.4GROWTH50.0VALUE34.4
THE BULL RANKINGS SCORECARD68.3/ 100 · BULL SCOREPEER MEDIANQUALITY86.0GROWTH50.0VALUE74.2
AMLPGQuality73.486.0Growth50.050.0Value34.474.2
cheap & fastrevenue growth →← cheaper (lower multiple)-3%17%+22x32x+AMoff-scaleLPG

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFAM$891mLPG$239m
RevAM+6.9%LPG+81.1%
D/EAM1.86LPG0.52
P/EAM27.1xLPG6.5x
AM
stronger →← stronger
LPG
73
Qualityreturns · margins · balance sheet
86
50
Growthrevenue & earnings expansion
50
34
Valuevaluation vs sector peers
74
LPG is stronger on 2 of 3 pillars.
AM
LPG
$891mC+
FCF
$239mC
+6.9%C+
Rev
+81.1%A
1.86C
D/E
0.52B
27.1xC
P/E
6.5xA
1.66C+
PEG
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
AM
LPG
57% below
Price vs fair valuelower is cheaper
41% below
~-9%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-13%/yr
+95%
1-yr DCF upside
+90%
+132%
5-yr DCF upside
+70%
+202%
10-yr DCF upside
+46%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
AM
Why this score
  • Cyclical growth
LPG
Why this score
  • Raising its dividend
  • Cyclical growth
AMAntero Midstream Corporation
Oil & Gas Midstream · $22.53 · beta 0.63
Why now
Oil & Gas Midstream · market cap $10.7b. 5% off the 52-week high of $23.84. 7 sell-side analysts rate this a Hold with a mean 1-yr target of $24.29 (implying +8% upside).
Moat
Net margin 32% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 21% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
LPGDorian LPG Ltd.
Oil & Gas Midstream · $49.28 · beta 0.76
Why now
Oil & Gas Midstream · market cap $2.1b. 5% off the 52-week high of $52.10. Revenue growing +81% — in hypergrowth territory. 5 sell-side analysts publish a mean 1-yr target of $51.80 (implying +5% upside).
Moat
Net margin 55% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 26% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
Production-cost sensitivity — top-quartile cost producers generate cash through the cycle while marginal producers burn it; watch the cost-per-unit trend, not just headline revenue.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where AM and LPG diverge

On the headline score the gap is 18.1 points in favor of LPG. The widest single difference is Value, where LPG leads by 39.8 points.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.