COMP <GO>
PAA vs CVX // 10Y YIELD & FRED MACRO BETA
Plains All American Pipeline L.P. Common (NASDAQ) VS. Chevron Corporation (NYSE) • 15-METRIC TALLY: PAA 4
— CVX 11
▲ 10Y YIELD & FRED MACRO BETA LEADER: CVX
LAST: $26.51 (-1.52%) • MKT CAP: $18.99B
macro-sensitivity
1.04
LAST: $235.52 (+1.75%) • MKT CAP: $457.31B
macro-sensitivity
1.07
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PAA VS. CVX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | PAA | CVX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 8.70% | 41.30% | -32.60 | CVX | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 5.30% | 5.80% | -0.50 | CVX | /roic <GO> |
| EV/EBITDA & P/E Valuation | 12.5x | 21.5x | -9.00 | PAA | /valuation <GO> |
| Free Cash Flow Yield | 12.07% | 5.61% | +6.46 | PAA | /fcf-yield <GO> |
| Operating Margin | 3.20% | 8.10% | -4.90 | CVX | /operating-margins <GO> |
| Net Profit Margin | 4.00% | 6.70% | -2.70 | CVX | /net-margins <GO> |
| Revenue Growth (YoY) | -9.50% | -4.60% | -4.90 | CVX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.79% | -2.79 | CVX | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.69 | 3.71 | -1.02 | CVX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 7/9 | -1.00 | CVX | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.00% | 7.10% | -0.10 | PAA | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 64.8 | 72.8 | -8.05 | CVX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.04 | 1.07 | -0.03 | CVX | /macro-sensitivity <GO> |
| Forward P/E Multiple | 10.0x | 34.6x | -24.60 | PAA | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $18.99B | $457.31B | -$438.32B | CVX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | PAA REV | CVX REV | PAA GROSS % | CVX GROSS % | PAA FCF | CVX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $44.26B | $184.43B | 8.7% | 41.3% | $2.29B | $25.64B |
| FY 2024 | $48.89B | $193.41B | 7.6% | 38.4% | $2.04B | $22.79B |
| FY 2023 | $47.34B | $196.91B | 44.0% | 44.0% | $596.9M | $26.75B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
PAA // BETA 1.04
CVX // BETA 1.07