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Targa Resources (TRGP) Competitors

$117.98
0.00 (0.00%)
(As of 06/7/2024 ET)

TRGP vs. WMB, KMI, LNG, FRO, STNG, GLNG, GOGL, TNK, SFL, and TK

Should you be buying Targa Resources stock or one of its competitors? The main competitors of Targa Resources include Williams Companies (WMB), Kinder Morgan (KMI), Cheniere Energy (LNG), Frontline (FRO), Scorpio Tankers (STNG), Golar LNG (GLNG), Golden Ocean Group (GOGL), Teekay Tankers (TNK), SFL (SFL), and Teekay (TK). These companies are all part of the "oil & gas storage & transportation" industry.

Targa Resources vs.

Williams Companies (NYSE:WMB) and Targa Resources (NYSE:TRGP) are both large-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, earnings, valuation, risk, community ranking, profitability and dividends.

Williams Companies pays an annual dividend of $1.90 per share and has a dividend yield of 4.7%. Targa Resources pays an annual dividend of $3.00 per share and has a dividend yield of 2.5%. Williams Companies pays out 79.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Targa Resources pays out 61.7% of its earnings in the form of a dividend. Williams Companies has raised its dividend for 8 consecutive years and Targa Resources has raised its dividend for 4 consecutive years. Williams Companies is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Williams Companies currently has a consensus target price of $40.45, suggesting a potential downside of 0.65%. Targa Resources has a consensus target price of $122.75, suggesting a potential upside of 4.04%. Given Williams Companies' stronger consensus rating and higher possible upside, analysts clearly believe Targa Resources is more favorable than Williams Companies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Williams Companies
1 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.33
Targa Resources
0 Sell rating(s)
0 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
3.00

Williams Companies has a beta of 1.05, indicating that its share price is 5% more volatile than the S&P 500. Comparatively, Targa Resources has a beta of 2.21, indicating that its share price is 121% more volatile than the S&P 500.

Williams Companies has a net margin of 27.29% compared to Williams Companies' net margin of 6.86%. Williams Companies' return on equity of 24.41% beat Targa Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Williams Companies27.29% 16.27% 4.62%
Targa Resources 6.86%24.41%5.44%

Williams Companies has higher earnings, but lower revenue than Targa Resources. Williams Companies is trading at a lower price-to-earnings ratio than Targa Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Williams Companies$10.91B4.55$3.18B$2.3817.11
Targa Resources$16.06B1.63$828.20M$4.8624.28

86.4% of Williams Companies shares are owned by institutional investors. Comparatively, 92.1% of Targa Resources shares are owned by institutional investors. 0.4% of Williams Companies shares are owned by company insiders. Comparatively, 1.4% of Targa Resources shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Targa Resources received 63 more outperform votes than Williams Companies when rated by MarketBeat users. However, 72.59% of users gave Williams Companies an outperform vote while only 68.99% of users gave Targa Resources an outperform vote.

CompanyUnderperformOutperform
Williams CompaniesOutperform Votes
678
72.59%
Underperform Votes
256
27.41%
Targa ResourcesOutperform Votes
741
68.99%
Underperform Votes
333
31.01%

In the previous week, Williams Companies had 9 more articles in the media than Targa Resources. MarketBeat recorded 16 mentions for Williams Companies and 7 mentions for Targa Resources. Williams Companies' average media sentiment score of 1.52 beat Targa Resources' score of 1.17 indicating that Targa Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Williams Companies
11 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Targa Resources
5 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Targa Resources beats Williams Companies on 14 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TRGP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TRGP vs. The Competition

MetricTarga ResourcesNatural gas transmission IndustryEnergy SectorNYSE Exchange
Market Cap$26.16B$19.56B$7.83B$17.65B
Dividend Yield2.54%5.84%11.69%3.54%
P/E Ratio24.2820.3611.6525.56
Price / Sales1.632.8198.6214.06
Price / Cash12.109.2910.8919.71
Price / Book5.712.383.394.99
Net Income$828.20M$1.24B$966.43M$975.33M
7 Day Performance-0.21%-1.85%-3.43%-1.87%
1 Month Performance4.56%-1.63%-0.49%-0.76%
1 Year Performance62.10%33.27%1.21%8.57%

Targa Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WMB
Williams Companies
3.7549 of 5 stars
$41.42
-0.4%
$40.45
-2.3%
+29.7%$50.48B$10.91B17.405,601Analyst Upgrade
Options Volume
Positive News
KMI
Kinder Morgan
3.0619 of 5 stars
$19.82
+0.2%
$20.50
+3.5%
+13.9%$43.98B$15.29B18.0110,891Analyst Upgrade
Positive News
LNG
Cheniere Energy
2.6241 of 5 stars
$160.71
+0.4%
$198.00
+23.2%
N/A$36.79B$20.39B7.831,605
FRO
Frontline
1.3474 of 5 stars
$26.83
-2.3%
$26.10
-2.7%
+87.5%$5.97B$1.88B9.3878Positive News
STNG
Scorpio Tankers
2.3174 of 5 stars
$80.38
-0.8%
$80.17
-0.3%
+73.5%$4.39B$1.34B7.4624Positive News
GLNG
Golar LNG
2.9422 of 5 stars
$26.73
+1.5%
$34.33
+28.4%
+18.7%$2.80B$298.43M25.46470
GOGL
Golden Ocean Group
2.0755 of 5 stars
$13.82
-2.3%
$12.75
-7.7%
+76.4%$2.76B$885.77M14.8638Gap Down
TNK
Teekay Tankers
1.3176 of 5 stars
$71.14
-1.5%
$76.00
+6.8%
+89.9%$2.44B$1.36B5.031,590Positive News
SFL
SFL
0.8968 of 5 stars
$13.83
-1.8%
$12.33
-10.8%
+46.6%$1.92B$752.29M14.2521Positive News
TK
Teekay
3.4211 of 5 stars
$9.51
-2.5%
N/A+58.6%$864.93M$1.46B5.872,300Positive News

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This page (NYSE:TRGP) was last updated on 6/8/2024 by MarketBeat.com Staff

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