TRGP vs. FANG, AM, DTM, DVN, KMI, MGY, OKE, OVV, PAGP, and WMB
Should you be buying Targa Resources stock or one of its competitors? The main competitors of Targa Resources include Diamondback Energy (FANG), Antero Midstream (AM), DT Midstream (DTM), Devon Energy (DVN), Kinder Morgan (KMI), Magnolia Oil & Gas (MGY), ONEOK (OKE), Ovintiv (OVV), Plains GP (PAGP), and Williams Companies (WMB). These companies are all part of the "energy" sector.
Targa Resources vs. Its Competitors
Diamondback Energy (NASDAQ:FANG) and Targa Resources (NYSE:TRGP) are both large-cap energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, dividends, valuation, earnings, media sentiment and risk.
Diamondback Energy has a net margin of 27.25% compared to Targa Resources' net margin of 8.99%. Targa Resources' return on equity of 43.35% beat Diamondback Energy's return on equity.
Diamondback Energy pays an annual dividend of $4.00 per share and has a dividend yield of 2.8%. Targa Resources pays an annual dividend of $4.00 per share and has a dividend yield of 2.5%. Diamondback Energy pays out 28.4% of its earnings in the form of a dividend. Targa Resources pays out 56.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Diamondback Energy has increased its dividend for 7 consecutive years and Targa Resources has increased its dividend for 5 consecutive years. Diamondback Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
In the previous week, Diamondback Energy had 21 more articles in the media than Targa Resources. MarketBeat recorded 36 mentions for Diamondback Energy and 15 mentions for Targa Resources. Diamondback Energy's average media sentiment score of 1.17 beat Targa Resources' score of 0.95 indicating that Diamondback Energy is being referred to more favorably in the media.
90.0% of Diamondback Energy shares are owned by institutional investors. Comparatively, 92.1% of Targa Resources shares are owned by institutional investors. 0.7% of Diamondback Energy shares are owned by company insiders. Comparatively, 1.3% of Targa Resources shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Diamondback Energy presently has a consensus target price of $192.64, suggesting a potential upside of 33.58%. Targa Resources has a consensus target price of $207.67, suggesting a potential upside of 28.65%. Given Diamondback Energy's stronger consensus rating and higher possible upside, analysts plainly believe Diamondback Energy is more favorable than Targa Resources.
Diamondback Energy has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500. Comparatively, Targa Resources has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500.
Diamondback Energy has higher earnings, but lower revenue than Targa Resources. Diamondback Energy is trading at a lower price-to-earnings ratio than Targa Resources, indicating that it is currently the more affordable of the two stocks.
Summary
Diamondback Energy beats Targa Resources on 13 of the 20 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.
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.
Targa Resources Competitors List
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This page (NYSE:TRGP) was last updated on 10/10/2025 by MarketBeat.com Staff
