Enagás vs Naturgy (ENG vs NTGY)

Enagás (ENG) vs Naturgy (NTGY) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Enagás (ENG) and Naturgy (NTGY) compete in utilities and renewables. Here are Enagás and Naturgy side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Enagás or Naturgy.

Enagás vs Naturgy: the figures

Enagás and Naturgy figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Enagás or Naturgy figure is not available, and we never estimate it.

3 key differences between Enagás and Naturgy

1. Profitability: for every 100 of sales, Enagás keeps 30.1 as net profit and Naturgy keeps 10.4.
2. Growth: Naturgy grew sales +14.1% year on year in its latest quarter, against -9.1% for Enagás.
3. Debt: Enagás owes 6.2x its annual operating profit (EBITDA), while Naturgy owes 2.4x its EBITDA.

Enagás or Naturgy: which fits your profile

• If you want growth: Naturgy is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Naturgy pays the higher dividend relative to its price.
• If you prefer caution: Naturgy has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: Enagás trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Enagás nor Naturgy wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Enagás and Naturgy make money

Enagás (ENG)

Enagás operates Spain's high-pressure gas pipeline network and earns regulated income for transporting and storing gas and for regasifying the liquefied natural gas that arrives by ship at its terminals. This Spanish business is its core. It also holds stakes in pipelines abroad and is preparing a hydrogen network. Full Enagás analysis.

Naturgy (NTGY)

Naturgy runs two main areas. One is regulated gas and electricity distribution networks in Spain and several Latin American countries. The other covers power generation from combined-cycle and renewable plants, liquefied natural gas supply, and electricity and gas sales to homes, shops and industry, which account for most of its revenue. Full Naturgy analysis.

Frequently asked questions: Enagás vs Naturgy

Is Enagás or Naturgy the better stock?

Choosing between Enagás and Naturgy depends on what you are looking for. Naturgy is growing faster right now, and Enagás trades on the lower P/E. Fintols does not tell you whether to buy Enagás or Naturgy: it shows you the differences so you can decide.

Which pays a higher dividend, Enagás or Naturgy?

As of November 4, 2026, Naturgy yields 8.13% and Enagás yields 5.69%. Also check how much of their profit Enagás and Naturgy pay out: if it is more than they earn, it cannot last.

Which is more expensive, Enagás or Naturgy?

On P/E, Naturgy (13.6x) is more expensive than Enagás (13.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Enagás and Naturgy?

Yes. Many people spread their money across several companies, such as Enagás and Naturgy, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Enagás or Naturgy.

More comparisons with Enagás or Naturgy

• Enagás vs Redeia
• Acciona Energía vs Enagás
• Enel vs Enagás
• Naturgy vs Redeia

More companies like Enagás and Naturgy: utilities and renewables stocks. Educational content about Enagás and Naturgy, not investment advice.