S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
Carmax Returns to the Bargain Basement: Buy the Dip? 
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
Carmax Returns to the Bargain Basement: Buy the Dip? 
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
Carmax Returns to the Bargain Basement: Buy the Dip? 
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
Carmax Returns to the Bargain Basement: Buy the Dip? 
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates

Targa Resources (TRGP) Competitors

$115.33
+0.65 (+0.57%)
(As of 04/11/2024 ET)

TRGP vs. KMI, WMB, WES, TRP, AM, ET, EPD, EC, CQP, and CTRA

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), Western Midstream Partners (WES), TC Energy (TRP), Antero Midstream (AM), Energy Transfer (ET), Enterprise Products Partners (EPD), Ecopetrol (EC), Cheniere Energy Partners (CQP), and Coterra Energy (CTRA). These companies are all part of the "oils/energy" sector.

Targa Resources vs.

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

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$16.06B1.60$828.20M$3.6731.43
Kinder Morgan$15.33B2.66$2.39B$1.0717.15

Targa Resources pays an annual dividend of $2.00 per share and has a dividend yield of 1.7%. Kinder Morgan pays an annual dividend of $1.13 per share and has a dividend yield of 6.2%. Targa Resources pays out 54.5% of its earnings in the form of a dividend. Kinder Morgan pays out 105.6% 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 presently has a consensus target price of $115.70, indicating a potential upside of 0.32%. Kinder Morgan has a consensus target price of $20.20, indicating a potential upside of 10.11%. Given Kinder Morgan's higher probable upside, analysts clearly 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)
0 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
3.09
Kinder Morgan
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29

Targa Resources has a beta of 2.21, suggesting that its stock price is 121% more volatile than the S&P 500. Comparatively, Kinder Morgan has a beta of 0.9, suggesting that its stock price is 10% less volatile than the S&P 500.

In the previous week, Kinder Morgan had 5 more articles in the media than Targa Resources. MarketBeat recorded 15 mentions for Kinder Morgan and 10 mentions for Targa Resources. Kinder Morgan's average media sentiment score of 0.76 beat Targa Resources' score of 0.75 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
4 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Kinder Morgan
7 Very Positive mention(s)
4 Positive mention(s)
3 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, 62.5% of Kinder Morgan shares are held by institutional investors. 1.4% of Targa Resources shares are held by insiders. Comparatively, 12.6% of Kinder Morgan shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Kinder Morgan received 81 more outperform votes than Targa Resources when rated by MarketBeat users. However, 68.85% of users gave Targa Resources an outperform vote while only 66.97% of users gave Kinder Morgan an outperform vote.

CompanyUnderperformOutperform
Targa ResourcesOutperform Votes
736
68.85%
Underperform Votes
333
31.15%
Kinder MorganOutperform Votes
817
66.97%
Underperform Votes
403
33.03%

Kinder Morgan has a net margin of 15.59% compared to Targa Resources' net margin of 5.20%. Targa Resources' return on equity of 18.64% beat Kinder Morgan's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources5.20% 18.64% 4.21%
Kinder Morgan 15.59%7.57%3.47%

Summary

Targa Resources beats Kinder Morgan on 12 of the 21 factors compared between the two stocks.

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$25.52B$19.53B$8.15B$17.65B
Dividend Yield1.74%5.60%11.33%3.53%
P/E Ratio31.4322.8719.2921.67
Price / Sales1.602.8396.549.39
Price / Cash11.748.2312.0017.68
Price / Book5.582.363.645.17
Net Income$828.20M$1.58B$1.01B$971.52M
7 Day Performance-0.54%-1.12%-0.41%-1.12%
1 Month Performance9.28%7.70%6.90%0.30%
1 Year Performance51.51%41.89%4.41%116.88%

Targa Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
KMI
Kinder Morgan
3.9267 of 5 stars
$18.48
+0.7%
$20.20
+9.3%
+2.5%$41.01B$15.33B17.2710,891Upcoming Earnings
Short Interest ↑
WMB
Williams Companies
3.5384 of 5 stars
$39.24
+0.7%
$38.09
-2.9%
+27.9%$47.81B$10.91B14.985,601Analyst Report
WES
Western Midstream Partners
2.3803 of 5 stars
$35.51
-1.2%
$30.75
-13.4%
+31.2%$13.51B$3.11B13.661,377Short Interest ↓
TRP
TC Energy
3.7392 of 5 stars
$38.34
+0.7%
$48.83
+27.4%
-10.8%$38.34B$11.80B18.897,415Short Interest ↑
AM
Antero Midstream
3.1273 of 5 stars
$14.19
-0.1%
$12.70
-10.5%
+32.3%$6.81B$1.04B18.43604Dividend Announcement
ET
Energy Transfer
2.41 of 5 stars
$15.73
-0.6%
$17.57
+11.7%
+24.9%$53.00B$78.59B14.4313,786
EPD
Enterprise Products Partners
4.0842 of 5 stars
$29.26
-0.7%
$32.58
+11.4%
+9.5%$63.44B$49.72B11.617,500Dividend Announcement
Short Interest ↑
EC
Ecopetrol
1.3975 of 5 stars
$12.11
+0.6%
$11.00
-9.1%
+5.0%$24.89B$143.08T5.2018,903Short Interest ↑
CQP
Cheniere Energy Partners
0.9862 of 5 stars
$47.56
-0.7%
$50.25
+5.7%
-1.7%$23.02B$9.66B6.841,605Positive News
CTRA
Coterra Energy
4.2757 of 5 stars
$27.90
-0.4%
$31.46
+12.8%
+7.3%$20.98B$5.91B13.04894Analyst Report
Short Interest ↑

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This page (NYSE:TRGP) was last updated on 4/12/2024 by MarketBeat.com Staff

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