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Targa Resources (TRGP) Competitors

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$170.22 +3.70 (+2.22%)
Closing price 03:59 PM Eastern
Extended Trading
$172.33 +2.11 (+1.24%)
As of 05:13 PM Eastern
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TRGP vs. APA, FANG, AM, 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 APA (APA), Diamondback Energy (FANG), Antero Midstream (AM), 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

Targa Resources (NYSE:TRGP) and APA (NASDAQ:APA) are both energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, earnings, dividends, media sentiment, risk and analyst recommendations.

Targa Resources has higher revenue and earnings than APA. APA 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
Targa Resources$17.08B2.14$1.28B$7.0724.08
APA$9.74B0.88$804M$2.997.99

Targa Resources currently has a consensus target price of $208.86, indicating a potential upside of 22.70%. APA has a consensus target price of $23.78, indicating a potential downside of 0.51%. Given Targa Resources' stronger consensus rating and higher probable upside, research analysts clearly believe Targa Resources is more favorable than APA.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Targa Resources
0 Sell rating(s)
3 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88
APA
3 Sell rating(s)
14 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, APA had 1 more articles in the media than Targa Resources. MarketBeat recorded 26 mentions for APA and 25 mentions for Targa Resources. Targa Resources' average media sentiment score of 1.52 beat APA's score of 0.50 indicating that Targa Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Targa Resources
22 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
APA
11 Very Positive mention(s)
6 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral

Targa Resources has a beta of 1.2, indicating that its share price is 20% more volatile than the S&P 500. Comparatively, APA has a beta of 1.29, indicating that its share price is 29% more volatile than the S&P 500.

APA has a net margin of 10.53% compared to Targa Resources' net margin of 8.99%. Targa Resources' return on equity of 43.35% beat APA's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources8.99% 43.35% 6.75%
APA 10.53%20.98%7.21%

Targa Resources pays an annual dividend of $4.00 per share and has a dividend yield of 2.3%. APA pays an annual dividend of $1.00 per share and has a dividend yield of 4.2%. Targa Resources pays out 56.6% of its earnings in the form of a dividend. APA pays out 33.4% 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. Targa Resources has increased its dividend for 5 consecutive years. APA is clearly the better dividend stock, given its higher yield and lower payout ratio.

92.1% of Targa Resources shares are owned by institutional investors. Comparatively, 83.0% of APA shares are owned by institutional investors. 1.3% of Targa Resources shares are owned by insiders. Comparatively, 0.7% of APA shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Targa Resources beats APA on 14 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.
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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 ResourcesOil Refining & Marketing MLP IndustryEnergy SectorNYSE Exchange
Market Cap$36.63B$8.22B$7.83B$21.59B
Dividend Yield2.45%6.61%10.73%3.50%
P/E Ratio24.0818.6640.5530.17
Price / Sales2.141.09907.6353.85
Price / Cash13.087.5236.2924.68
Price / Book8.403.743.984.59
Net Income$1.28B$485.39M$4.28B$1.00B
7 Day Performance3.07%3.55%1.56%0.73%
1 Month Performance5.55%5.62%4.71%5.32%
1 Year Performance11.85%13.41%17.06%15.71%

Targa Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRGP
Targa Resources
4.9569 of 5 stars
$170.22
+2.2%
$208.86
+22.7%
+9.4%$36.63B$17.08B24.083,370Positive News
APA
APA
2.6014 of 5 stars
$22.26
-2.2%
$23.72
+6.6%
-4.3%$7.96B$9.74B7.442,305Trending News
Analyst Forecast
FANG
Diamondback Energy
4.9102 of 5 stars
$137.28
-1.0%
$193.17
+40.7%
-21.9%$40.15B$14.01B9.761,983Analyst Forecast
Analyst Revision
AM
Antero Midstream
4.2759 of 5 stars
$18.09
-0.9%
$18.50
+2.3%
+23.0%$8.65B$1.22B19.04590Positive News
DVN
Devon Energy
4.7939 of 5 stars
$34.52
-0.7%
$44.15
+27.9%
-12.5%$21.91B$15.94B7.742,300Positive News
Ex-Dividend
Analyst Forecast
KMI
Kinder Morgan
4.5016 of 5 stars
$26.50
-0.4%
$31.20
+17.8%
+27.8%$58.87B$15.10B21.7210,933Positive News
MGY
Magnolia Oil & Gas
3.3366 of 5 stars
$23.46
-0.7%
$26.67
+13.7%
-0.7%$4.48B$1.32B12.28210Positive News
Analyst Forecast
OKE
ONEOK
4.9131 of 5 stars
$71.41
-1.7%
$100.60
+40.9%
-23.1%$44.97B$21.70B13.925,177Positive News
OVV
Ovintiv
4.4454 of 5 stars
$41.04
-0.1%
$53.07
+29.3%
+5.1%$10.55B$9.15B18.161,623Positive News
Ex-Dividend
Analyst Forecast
PAGP
Plains GP
3.6954 of 5 stars
$18.41
-0.1%
$20.50
+11.4%
-1.6%$3.64B$47.80B34.744,100Dividend Announcement
Analyst Downgrade
WMB
Williams Companies
4.534 of 5 stars
$56.93
-0.5%
$62.86
+10.4%
+29.6%$69.41B$10.50B28.615,829Positive News

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This page (NYSE:TRGP) was last updated on 9/18/2025 by MarketBeat.com Staff
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