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Targa Resources (TRGP) Competitors

Targa Resources logo
$300.01 -2.24 (-0.74%)
As of 08/21/2026 03:58 PM Eastern

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

Should you buy Targa Resources stock or one of its competitors? Targa Resources's main competitors and comparable companies include Plains All American Pipeline (PAA), Antero Midstream (AM), DT Midstream (DTM), Kinder Morgan (KMI), and Magnolia Oil & Gas (MGY). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil, gas & consumable fuels" industry.

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 superior stock? We will compare the two companies based on the strength of their valuation, analyst recommendations, media sentiment, earnings, risk, dividends, profitability and institutional ownership.

In the previous week, Targa Resources had 39 more articles in the media than Plains All American Pipeline. MarketBeat recorded 44 mentions for Targa Resources and 5 mentions for Plains All American Pipeline. Targa Resources' average media sentiment score of 1.08 beat Plains All American Pipeline's score of 0.91 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
29 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Plains All American Pipeline
3 Very Positive mention(s)
0 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 1.7%. 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 47.8% of its earnings in the form of a dividend. Plains All American Pipeline pays out 46.3% 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 Plains All American Pipeline has raised its dividend for 5 consecutive years. Plains All American Pipeline is clearly the better dividend stock, given its higher yield and lower payout ratio.

92.1% of Targa Resources shares are held by institutional investors. Comparatively, 41.8% of Plains All American Pipeline shares are held by institutional investors. 1.4% of Targa Resources shares are held by insiders. Comparatively, 1.1% of Plains All American Pipeline 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.

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$17.03B3.78$1.84B$10.4628.68
Plains All American Pipeline$44.26B0.39$1.44B$3.616.82

Targa Resources has a net margin of 13.55% compared to Plains All American Pipeline's net margin of 5.29%. Targa Resources' return on equity of 69.26% beat Plains All American Pipeline's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources13.55% 69.26% 8.64%
Plains All American Pipeline 5.29%12.13%4.59%

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

Targa Resources currently has a consensus price target of $297.18, suggesting a potential downside of 0.94%. Plains All American Pipeline has a consensus price target of $23.54, suggesting a potential downside of 4.35%. Given Targa Resources' stronger consensus rating and higher probable upside, 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)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00
Plains All American Pipeline
2 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.41

Summary

Targa Resources beats Plains All American Pipeline on 15 of the 18 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 business? We will compare the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings, media sentiment and analyst recommendations.

Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.7%. Antero Midstream pays an annual dividend of $0.90 per share and has a dividend yield of 4.1%. Targa Resources pays out 47.8% 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 raised its dividend for 5 consecutive years.

In the previous week, Targa Resources had 24 more articles in the media than Antero Midstream. MarketBeat recorded 44 mentions for Targa Resources and 20 mentions for Antero Midstream. Targa Resources' average media sentiment score of 1.08 beat Antero Midstream's score of 1.04 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
29 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Antero Midstream
7 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$17.03B3.78$1.84B$10.4628.68
Antero Midstream$1.19B8.85$413.16M$0.8426.39

Targa Resources presently has a consensus target price of $297.18, suggesting a potential downside of 0.94%. Antero Midstream has a consensus target price of $24.50, suggesting a potential upside of 10.51%. Given Antero Midstream's higher probable upside, analysts clearly 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)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00
Antero Midstream
0 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.17

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, large money managers and hedge funds believe a company is poised for long-term growth.

Antero Midstream has a net margin of 32.41% compared to Targa Resources' net margin of 13.55%. Targa Resources' return on equity of 69.26% beat Antero Midstream's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources13.55% 69.26% 8.64%
Antero Midstream 32.41%20.19%6.56%

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

Summary

Targa Resources beats Antero Midstream on 16 of the 20 factors compared between the two stocks.

How does Targa Resources compare to DT Midstream?

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

In the previous week, Targa Resources had 35 more articles in the media than DT Midstream. MarketBeat recorded 44 mentions for Targa Resources and 9 mentions for DT Midstream. Targa Resources' average media sentiment score of 1.08 beat DT Midstream's score of 0.58 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
29 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
DT Midstream
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Targa Resources has higher revenue and earnings than DT Midstream. DT 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$17.03B3.78$1.84B$10.4628.68
DT Midstream$1.24B10.43$441M$4.5727.81

Targa Resources currently has a consensus price target of $297.18, suggesting a potential downside of 0.94%. DT Midstream has a consensus price target of $154.08, suggesting a potential upside of 21.24%. Given DT Midstream's higher probable upside, analysts plainly believe DT 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)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00
DT Midstream
1 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.50

Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.7%. DT Midstream pays an annual dividend of $3.52 per share and has a dividend yield of 2.8%. Targa Resources pays out 47.8% of its earnings in the form of a dividend. DT Midstream pays out 77.0% 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 and DT Midstream has increased its dividend for 2 consecutive years.

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

DT Midstream has a net margin of 35.72% compared to Targa Resources' net margin of 13.55%. Targa Resources' return on equity of 69.26% beat DT Midstream's return on equity.

Company Net Margins Return on Equity Return on Assets
Targa Resources13.55% 69.26% 8.64%
DT Midstream 35.72%9.58%4.62%

92.1% of Targa Resources shares are held by institutional investors. Comparatively, 81.5% of DT Midstream shares are held by institutional investors. 1.4% of Targa Resources shares are held by company insiders. Comparatively, 0.5% of DT Midstream shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Targa Resources beats DT Midstream on 15 of the 19 factors compared between the two stocks.

How does Targa Resources compare to Kinder Morgan?

Kinder Morgan (NYSE:KMI) 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 valuation, earnings, dividends, risk, media sentiment, profitability, analyst recommendations and institutional ownership.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Kinder Morgan$16.94B4.07$3.06B$1.5619.87
Targa Resources$17.03B3.78$1.84B$10.4628.68

Kinder Morgan pays an annual dividend of $1.19 per share and has a dividend yield of 3.8%. Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.7%. 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 pays out 47.8% of its earnings in the form of a dividend. Kinder Morgan has raised its dividend for 9 consecutive years and Targa Resources has raised its dividend for 5 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 net margin of 19.31% compared to Targa Resources' net margin of 13.55%. Targa Resources' return on equity of 69.26% beat Kinder Morgan's return on equity.

Company Net Margins Return on Equity Return on Assets
Kinder Morgan19.31% 10.46% 4.65%
Targa Resources 13.55%69.26%8.64%

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

Kinder Morgan presently has a consensus price target of $35.50, suggesting a potential upside of 14.55%. Targa Resources has a consensus price target of $297.18, suggesting a potential downside of 0.94%. Given Kinder Morgan's higher probable upside, equities research analysts plainly believe Kinder Morgan is more favorable than Targa Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Kinder Morgan
0 Sell rating(s)
10 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.44
Targa Resources
0 Sell rating(s)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00

In the previous week, Targa Resources had 5 more articles in the media than Kinder Morgan. MarketBeat recorded 44 mentions for Targa Resources and 39 mentions for Kinder Morgan. Kinder Morgan's average media sentiment score of 1.43 beat Targa Resources' score of 1.08 indicating that Kinder Morgan is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Kinder Morgan
31 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Targa Resources
29 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

62.5% of Kinder Morgan shares are owned by institutional investors. Comparatively, 92.1% of Targa Resources shares are owned by institutional investors. 12.7% 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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Targa Resources beats Kinder Morgan on 12 of the 20 factors compared between the two stocks.

How does Targa Resources compare to Magnolia Oil & Gas?

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

In the previous week, Targa Resources had 27 more articles in the media than Magnolia Oil & Gas. MarketBeat recorded 44 mentions for Targa Resources and 17 mentions for Magnolia Oil & Gas. Magnolia Oil & Gas' average media sentiment score of 1.14 beat Targa Resources' score of 1.08 indicating that Magnolia Oil & Gas is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Magnolia Oil & Gas
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Targa Resources
29 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Magnolia Oil & Gas 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.

Targa Resources has higher revenue and earnings than Magnolia Oil & Gas. Magnolia Oil & Gas 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
Magnolia Oil & Gas$1.31B5.09$325.25M$2.2812.37
Targa Resources$17.03B3.78$1.84B$10.4628.68

94.7% of Magnolia Oil & Gas shares are owned by institutional investors. Comparatively, 92.1% of Targa Resources shares are owned by institutional investors. 0.9% of Magnolia Oil & Gas shares are owned by insiders. Comparatively, 1.4% of Targa Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Magnolia Oil & Gas pays an annual dividend of $0.72 per share and has a dividend yield of 2.6%. Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.7%. Magnolia Oil & Gas pays out 31.6% of its earnings in the form of a dividend. Targa Resources pays out 47.8% 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. Magnolia Oil & Gas has raised its dividend for 3 consecutive years and Targa Resources has raised its dividend for 5 consecutive years. Magnolia Oil & Gas is clearly the better dividend stock, given its higher yield and lower payout ratio.

Magnolia Oil & Gas presently has a consensus target price of $31.62, suggesting a potential upside of 12.11%. Targa Resources has a consensus target price of $297.18, suggesting a potential downside of 0.94%. Given Magnolia Oil & Gas' higher probable upside, equities analysts plainly believe Magnolia Oil & Gas is more favorable than Targa Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magnolia Oil & Gas
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67
Targa Resources
0 Sell rating(s)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00

Magnolia Oil & Gas has a net margin of 28.77% compared to Targa Resources' net margin of 13.55%. Targa Resources' return on equity of 69.26% beat Magnolia Oil & Gas' return on equity.

Company Net Margins Return on Equity Return on Assets
Magnolia Oil & Gas28.77% 21.04% 14.46%
Targa Resources 13.55%69.26%8.64%

Summary

Targa Resources beats Magnolia Oil & Gas on 10 of the 18 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$64.14B$11.49B$10.03B$24.31B
Dividend Yield1.67%11.41%11.64%3.70%
P/E Ratio28.6817.1920.6230.31
Price / Sales3.78494.37405.5221.00
Price / Cash18.9739.8836.2632.49
Price / Book16.953.213.036.77
Net Income$1.84B$5.27B$4.33B$1.07B
7 Day Performance8.79%2.69%1.89%-0.65%
1 Month Performance5.28%4.21%3.84%3.38%
1 Year Performance84.15%37.09%38.56%14.90%

Targa Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRGP
Targa Resources
3.6759 of 5 stars
$300.01
-0.7%
$297.18
-0.9%
+84.1%$64.14B$17.03B28.683,570
PAA
Plains All American Pipeline
3.3785 of 5 stars
$23.75
-0.6%
$23.46
-1.2%
N/A$16.86B$44.26B6.583,900
AM
Antero Midstream
4.028 of 5 stars
$22.18
-1.6%
$24.50
+10.5%
+25.3%$10.70B$1.19B26.40590
DTM
DT Midstream
4.1437 of 5 stars
$135.11
-1.3%
$154.08
+14.0%
+25.2%$13.97B$1.24B29.56360
KMI
Kinder Morgan
4.1071 of 5 stars
$32.37
-1.4%
$35.50
+9.7%
+16.2%$73.08B$16.94B20.7511,028

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This page (NYSE:TRGP) was last updated on 8/23/2026 by MarketBeat.com Staff.
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