TRGP vs. KMI, WMB, TRP, WES, AM, ET, EPD, CQP, CTRA, and PBA
Should you be buying Targa Resources stock or one of its competitors? The main competitors of Targa Resources include Kinder Morgan (KMI), Williams Companies (WMB), TC Energy (TRP), Western Midstream Partners (WES), Antero Midstream (AM), Energy Transfer (ET), Enterprise Products Partners (EPD), Cheniere Energy Partners (CQP), Coterra Energy (CTRA), and Pembina Pipeline (PBA). These companies are all part of the "oils/energy" sector.
Kinder Morgan (NYSE:KMI) and Targa Resources (NYSE:TRGP) are both large-cap oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, analyst recommendations, earnings, valuation, profitability, risk, dividends and media sentiment.
In the previous week, Targa Resources had 13 more articles in the media than Kinder Morgan. MarketBeat recorded 28 mentions for Targa Resources and 15 mentions for Kinder Morgan. Targa Resources' average media sentiment score of 0.76 beat Kinder Morgan's score of 0.30 indicating that Kinder Morgan is being referred to more favorably in the media.
Kinder Morgan has higher earnings, but lower revenue 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.
Kinder Morgan presently has a consensus price target of $20.20, suggesting a potential upside of 6.60%. Targa Resources has a consensus price target of $119.92, suggesting a potential upside of 5.90%. Given Targa Resources' higher probable upside, research analysts clearly believe Kinder Morgan is more favorable than Targa Resources.
Kinder Morgan pays an annual dividend of $1.15 per share and has a dividend yield of 6.1%. Targa Resources pays an annual dividend of $3.00 per share and has a dividend yield of 2.6%. Kinder Morgan pays out 104.5% 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 pays out 61.7% of its earnings in the form of a dividend. Kinder Morgan has raised its dividend for 7 consecutive years and Targa Resources has raised its dividend for 3 consecutive years. Kinder Morgan is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Kinder Morgan has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500. Comparatively, Targa Resources has a beta of 2.19, meaning that its share price is 119% more volatile than the S&P 500.
Kinder Morgan received 78 more outperform votes than Targa Resources when rated by MarketBeat users. However, 68.94% of users gave Targa Resources an outperform vote while only 66.97% of users gave Kinder Morgan an outperform vote.
Kinder Morgan has a net margin of 16.08% compared to Kinder Morgan's net margin of 6.86%. Kinder Morgan's return on equity of 24.41% beat Targa Resources' return on equity.
62.5% of Kinder Morgan shares are owned by institutional investors. Comparatively, 92.1% of Targa Resources shares are owned by institutional investors. 12.8% of Kinder Morgan 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, hedge funds and endowments believe a stock is poised for long-term growth.
Summary
Targa Resources beats Kinder Morgan on 12 of the 21 factors compared between the two stocks.
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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.
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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