The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
SENR · Utilities · No moat
Doesn't clear the bar
| Measure | OKE | SR | OGS | SENR |
|---|---|---|---|---|
| Moat Score (0–100) | 33 (highest) | 33 (highest) | 33 (highest) | 32 |
| Pricing power | 29 | 80 | 87 (highest) | 73 |
| Returns on capital | 24 (highest) | 0 | 5 | 0 |
| Balance-sheet safety | 3 | 1 | 3 | 28 (highest) |
| Capital discipline | 80 (highest) | 43 | 24 | 24 |
| Margin of safety | 23% above value (highest margin of safety) | 72% above value | No price data | No price data |
| Market cap | $58.9B | $4.8B | $5.0B | $1.3M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2024 |