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Targa Resources (TRGP) Competitors

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$270.55 +0.18 (+0.07%)
Closing price 07/31/2026 03:59 PM Eastern
Extended Trading
$268.94 -1.61 (-0.59%)
As of 07/31/2026 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

TRGP vs. PAA, AM, DTM, DVN, and KMI

Should you buy Targa Resources stock or one of its competitors? MarketBeat compares Targa Resources with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Targa Resources include Plains All American Pipeline (PAA), Antero Midstream (AM), DT Midstream (DTM), Devon Energy (DVN), and Kinder Morgan (KMI).

How does Targa Resources compare to Plains All American Pipeline?

Targa Resources (NYSE:TRGP) and Plains All American Pipeline (NASDAQ:PAA) are both large-cap energy companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, dividends, risk, institutional ownership, earnings, media sentiment, analyst recommendations and profitability.

Targa Resources has higher earnings, but lower revenue than Plains All American Pipeline. Plains All American Pipeline 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$17.03B3.41$1.84B$9.8927.36
Plains All American Pipeline$44.26B0.39$1.44B$1.3118.76

Targa Resources has a beta of 0.72, suggesting that its share price is 28% less volatile than the broader market. Comparatively, Plains All American Pipeline has a beta of 0.5, suggesting that its share price is 50% less volatile than the broader market.

92.1% of Targa Resources shares are owned by institutional investors. Comparatively, 41.8% of Plains All American Pipeline shares are owned by institutional investors. 1.4% of Targa Resources shares are owned by insiders. Comparatively, 1.1% of Plains All American Pipeline shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Targa Resources has a net margin of 12.87% compared to Plains All American Pipeline's net margin of 2.53%. Targa Resources' return on equity of 71.00% beat Plains All American Pipeline's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources12.87% 71.00% 8.53%
Plains All American Pipeline 2.53%12.17%4.54%

Targa Resources currently has a consensus price target of $288.00, suggesting a potential upside of 6.45%. Plains All American Pipeline has a consensus price target of $23.23, suggesting a potential downside of 5.45%. Given Targa Resources' stronger consensus rating and higher probable upside, equities research analysts plainly believe Targa Resources is more favorable than Plains All American Pipeline.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Targa Resources
0 Sell rating(s)
2 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.89
Plains All American Pipeline
3 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.35

In the previous week, Targa Resources had 31 more articles in the media than Plains All American Pipeline. MarketBeat recorded 39 mentions for Targa Resources and 8 mentions for Plains All American Pipeline. Plains All American Pipeline's average media sentiment score of 1.17 beat Targa Resources' score of 1.03 indicating that Plains All American Pipeline is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Targa Resources
24 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Plains All American Pipeline
5 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.8%. Plains All American Pipeline pays an annual dividend of $1.67 per share and has a dividend yield of 6.8%. Targa Resources pays out 50.6% of its earnings in the form of a dividend. Plains All American Pipeline pays out 127.5% 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 has raised its dividend for 5 consecutive years and Plains All American Pipeline has raised its dividend for 5 consecutive years.

Summary

Targa Resources beats Plains All American Pipeline on 15 of the 19 factors compared between the two stocks.

How does Targa Resources compare to Antero Midstream?

Targa Resources (NYSE:TRGP) and Antero Midstream (NYSE:AM) are both large-cap energy companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, earnings, valuation, profitability, dividends, institutional ownership, analyst recommendations and media sentiment.

Targa Resources has higher revenue and earnings than Antero Midstream. Antero Midstream 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$17.03B3.41$1.84B$9.8927.36
Antero Midstream$1.19B8.76$413.16M$0.8426.11

Targa Resources presently has a consensus target price of $288.00, suggesting a potential upside of 6.45%. Antero Midstream has a consensus target price of $24.25, suggesting a potential upside of 10.56%. Given Antero Midstream's higher probable upside, analysts plainly believe Antero Midstream is more favorable than Targa Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Targa Resources
0 Sell rating(s)
2 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.89
Antero Midstream
0 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.17

Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.8%. Antero Midstream pays an annual dividend of $0.90 per share and has a dividend yield of 4.1%. Targa Resources pays out 50.6% of its earnings in the form of a dividend. Antero Midstream pays out 107.1% 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 has increased its dividend for 5 consecutive years.

Antero Midstream has a net margin of 32.41% compared to Targa Resources' net margin of 12.87%. Targa Resources' return on equity of 71.00% beat Antero Midstream's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources12.87% 71.00% 8.53%
Antero Midstream 32.41%20.19%6.56%

In the previous week, Targa Resources had 26 more articles in the media than Antero Midstream. MarketBeat recorded 39 mentions for Targa Resources and 13 mentions for Antero Midstream. Antero Midstream's average media sentiment score of 1.08 beat Targa Resources' score of 1.03 indicating that Antero Midstream is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Targa Resources
24 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Antero Midstream
7 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

92.1% of Targa Resources shares are held by institutional investors. Comparatively, 54.0% of Antero Midstream shares are held by institutional investors. 1.4% of Targa Resources shares are held by insiders. Comparatively, 1.1% of Antero Midstream shares are held by 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.

Targa Resources has a beta of 0.72, suggesting that its share price is 28% less volatile than the broader market. Comparatively, Antero Midstream has a beta of 0.65, suggesting that its share price is 35% less volatile than the broader market.

Summary

Targa Resources beats Antero Midstream on 14 of the 19 factors compared between the two stocks.

How does Targa Resources compare to DT Midstream?

DT Midstream (NYSE:DTM) and Targa Resources (NYSE:TRGP) are both large-cap energy companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, earnings, dividends, risk, institutional ownership, profitability and valuation.

In the previous week, Targa Resources had 16 more articles in the media than DT Midstream. MarketBeat recorded 39 mentions for Targa Resources and 23 mentions for DT Midstream. Targa Resources' average media sentiment score of 1.03 beat DT Midstream's score of 0.35 indicating that Targa Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DT Midstream
5 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Targa Resources
24 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

DT Midstream presently has a consensus price target of $154.08, indicating a potential upside of 11.54%. Targa Resources has a consensus price target of $288.00, indicating a potential upside of 6.45%. Given DT Midstream's higher probable upside, equities research analysts plainly believe DT Midstream is more favorable than Targa Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DT Midstream
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.57
Targa Resources
0 Sell rating(s)
2 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.89

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
DT Midstream$1.24B11.34$441M$4.5230.56
Targa Resources$17.03B3.41$1.84B$9.8927.36

DT Midstream has a beta of 0.72, indicating that its stock price is 28% less volatile than the broader market. Comparatively, Targa Resources has a beta of 0.72, indicating that its stock price is 28% less volatile than the broader market.

81.5% of DT Midstream shares are owned by institutional investors. Comparatively, 92.1% of Targa Resources shares are owned by institutional investors. 0.5% of DT Midstream 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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

DT Midstream pays an annual dividend of $3.52 per share and has a dividend yield of 2.5%. Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.8%. DT Midstream pays out 77.9% 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 50.6% of its earnings in the form of a dividend. DT Midstream has increased its dividend for 2 consecutive years and Targa Resources has increased its dividend for 5 consecutive years.

DT Midstream has a net margin of 35.72% compared to Targa Resources' net margin of 12.87%. Targa Resources' return on equity of 71.00% beat DT Midstream's return on equity.

Company Net Margins Return on Equity Return on Assets
DT Midstream35.72% 9.58% 4.62%
Targa Resources 12.87%71.00%8.53%

Summary

Targa Resources beats DT Midstream on 13 of the 19 factors compared between the two stocks.

How does Targa Resources compare to Devon Energy?

Targa Resources (NYSE:TRGP) and Devon Energy (NYSE:DVN) are both large-cap energy companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, media sentiment, earnings, profitability, institutional ownership, dividends and valuation.

Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.8%. Devon Energy pays an annual dividend of $1.28 per share and has a dividend yield of 2.8%. Targa Resources pays out 50.6% of its earnings in the form of a dividend. Devon Energy pays out 35.7% 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 raised its dividend for 5 consecutive years and Devon Energy has raised its dividend for 1 consecutive years. Devon Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Targa Resources has a beta of 0.72, indicating that its stock price is 28% less volatile than the broader market. Comparatively, Devon Energy has a beta of 0.38, indicating that its stock price is 62% less volatile than the broader market.

Devon Energy has a net margin of 13.71% compared to Targa Resources' net margin of 12.87%. Targa Resources' return on equity of 71.00% beat Devon Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources12.87% 71.00% 8.53%
Devon Energy 13.71%15.22%7.39%

In the previous week, Targa Resources had 14 more articles in the media than Devon Energy. MarketBeat recorded 39 mentions for Targa Resources and 25 mentions for Devon Energy. Devon Energy's average media sentiment score of 1.31 beat Targa Resources' score of 1.03 indicating that Devon Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Targa Resources
24 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Devon Energy
18 Very Positive mention(s)
5 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Targa Resources currently has a consensus price target of $288.00, indicating a potential upside of 6.45%. Devon Energy has a consensus price target of $59.56, indicating a potential upside of 32.12%. Given Devon Energy's stronger consensus rating and higher probable upside, analysts clearly believe Devon Energy is more favorable than Targa Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Targa Resources
0 Sell rating(s)
2 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.89
Devon Energy
0 Sell rating(s)
5 Hold rating(s)
23 Buy rating(s)
2 Strong Buy rating(s)
2.90

92.1% of Targa Resources shares are held by institutional investors. Comparatively, 69.7% of Devon Energy shares are held by institutional investors. 1.4% of Targa Resources shares are held by insiders. Comparatively, 4.6% of Devon Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Devon Energy has higher revenue and earnings than Targa Resources. Devon 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Targa Resources$17.03B3.41$1.84B$9.8927.36
Devon Energy$17.19B1.63$2.64B$3.5912.56

Summary

Devon Energy beats Targa Resources on 11 of the 20 factors compared between the two stocks.

How does Targa Resources compare to Kinder Morgan?

Targa Resources (NYSE:TRGP) and Kinder Morgan (NYSE:KMI) are both large-cap energy companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, valuation, analyst recommendations, risk, media sentiment, earnings, dividends and institutional ownership.

Targa Resources has a beta of 0.72, indicating that its share price is 28% less volatile than the broader market. Comparatively, Kinder Morgan has a beta of 0.54, indicating that its share price is 46% less volatile than the broader market.

In the previous week, Kinder Morgan had 6 more articles in the media than Targa Resources. MarketBeat recorded 45 mentions for Kinder Morgan and 39 mentions for Targa Resources. Kinder Morgan's average media sentiment score of 1.40 beat Targa Resources' score of 1.03 indicating that Kinder Morgan is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Targa Resources
24 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Kinder Morgan
34 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Kinder Morgan has a net margin of 19.31% compared to Targa Resources' net margin of 12.87%. Targa Resources' return on equity of 71.00% beat Kinder Morgan's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources12.87% 71.00% 8.53%
Kinder Morgan 19.31%10.46%4.65%

Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.8%. Kinder Morgan pays an annual dividend of $1.19 per share and has a dividend yield of 3.7%. Targa Resources pays out 50.6% of its earnings in the form of a dividend. Kinder Morgan pays out 76.3% 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 has raised its dividend for 5 consecutive years and Kinder Morgan has raised its dividend for 9 consecutive years. Kinder Morgan is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

92.1% of Targa Resources shares are held by institutional investors. Comparatively, 62.5% of Kinder Morgan shares are held by institutional investors. 1.4% of Targa Resources shares are held by company insiders. Comparatively, 12.7% of Kinder Morgan shares are held 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.

Kinder Morgan has lower revenue, but higher earnings than Targa Resources. Kinder Morgan 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$17.03B3.41$1.84B$9.8927.36
Kinder Morgan$16.94B4.23$3.06B$1.5620.64

Targa Resources presently has a consensus target price of $288.00, suggesting a potential upside of 6.45%. Kinder Morgan has a consensus target price of $35.50, suggesting a potential upside of 10.25%. Given Kinder Morgan's higher probable upside, analysts plainly believe Kinder Morgan is more favorable than Targa Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Targa Resources
0 Sell rating(s)
2 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.89
Kinder Morgan
0 Sell rating(s)
10 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.44

Summary

Targa Resources beats Kinder Morgan on 10 of the 19 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, Gas & Consumable Fuels IndustryEnergy SectorNYSE Exchange
Market Cap$58.07B$11.36B$9.90B$23.69B
Dividend Yield1.85%11.32%11.58%4.22%
P/E Ratio27.3619.6519.4030.98
Price / Sales3.41448.08367.5719.22
Price / Cash17.1539.4235.9418.73
Price / Book18.164.393.984.76
Net Income$1.84B$5.28B$4.35B$1.07B
7 Day Performance1.20%1.16%0.86%-0.34%
1 Month Performance4.52%4.88%4.21%-0.53%
1 Year Performance65.91%34.51%35.91%19.19%

Targa Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRGP
Targa Resources
4.6819 of 5 stars
$270.55
+0.1%
$288.00
+6.4%
+65.9%$58.07B$17.03B27.363,570
PAA
Plains All American Pipeline
3.0778 of 5 stars
$24.29
-1.3%
$23.23
-4.4%
N/A$17.36B$44.26B18.543,900
AM
Antero Midstream
4.128 of 5 stars
$21.99
-3.3%
$24.25
+10.3%
+18.4%$10.81B$1.19B25.57590
DTM
DT Midstream
3.5224 of 5 stars
$140.49
-3.6%
$155.69
+10.8%
+30.6%$14.86B$1.24B31.08360
DVN
Devon Energy
4.7582 of 5 stars
$43.12
-4.3%
$59.56
+38.1%
+40.3%$27.99B$17.19B12.012,200

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This page (NYSE:TRGP) was last updated on 8/3/2026 by MarketBeat.com Staff.
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