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Targa Resources (TRGP) Competitors

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$291.44 -2.85 (-0.97%)
Closing price 03:59 PM Eastern
Extended Trading
$296.18 +4.74 (+1.63%)
As of 07:58 PM Eastern
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TRGP vs. PAA, AM, DTM, ET, and KMI

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), Energy Transfer (ET), and Kinder Morgan (KMI). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil & gas storage & transportation" industry.

How does Targa Resources compare to Plains All American Pipeline?

Plains All American Pipeline (NASDAQ:PAA) 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 institutional ownership, profitability, dividends, valuation, analyst recommendations, media sentiment, risk and earnings.

Targa Resources has lower revenue, but higher earnings 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
Plains All American Pipeline$44.26B0.41$1.44B$3.617.16
Targa Resources$17.03B3.67$1.84B$10.4627.86

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
Plains All American Pipeline5.29% 12.13% 4.59%
Targa Resources 13.55%69.26%8.64%

Plains All American Pipeline pays an annual dividend of $1.67 per share and has a dividend yield of 6.5%. Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.7%. Plains All American Pipeline pays out 46.3% 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. Plains All American Pipeline has raised its dividend for 5 consecutive years and Targa Resources 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.

In the previous week, Targa Resources had 11 more articles in the media than Plains All American Pipeline. MarketBeat recorded 17 mentions for Targa Resources and 6 mentions for Plains All American Pipeline. Targa Resources' average media sentiment score of 1.18 beat Plains All American Pipeline's score of 0.47 indicating that Targa Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Plains All American Pipeline
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Targa Resources
14 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Plains All American Pipeline currently has a consensus target price of $24.08, suggesting a potential downside of 6.86%. Targa Resources has a consensus target price of $301.18, suggesting a potential upside of 3.34%. Given Targa Resources' stronger consensus rating and higher possible upside, analysts clearly believe Targa Resources is more favorable than Plains All American Pipeline.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Plains All American Pipeline
2 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.41
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 has a beta of 0.52, suggesting that its share price is 48% 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.

41.8% of Plains All American Pipeline shares are held by institutional investors. Comparatively, 92.1% of Targa Resources shares are held by institutional investors. 1.1% of Plains All American Pipeline shares are held by insiders. Comparatively, 1.4% of Targa Resources shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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?

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

Antero Midstream has a beta of 0.65, indicating that its stock price is 35% 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.

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
Antero Midstream32.41% 20.19% 6.56%
Targa Resources 13.55%69.26%8.64%

In the previous week, Targa Resources had 6 more articles in the media than Antero Midstream. MarketBeat recorded 17 mentions for Targa Resources and 11 mentions for Antero Midstream. Antero Midstream's average media sentiment score of 1.25 beat Targa Resources' score of 1.18 indicating that Antero Midstream is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Antero Midstream
9 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Targa Resources
14 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Antero Midstream pays an annual dividend of $0.90 per share and has a dividend yield of 3.9%. Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.7%. 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 pays out 47.8% of its earnings in the form of a dividend. Targa Resources has increased its dividend for 5 consecutive years.

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
Antero Midstream$1.19B9.14$413.16M$0.8427.24
Targa Resources$17.03B3.67$1.84B$10.4627.86

Antero Midstream presently has a consensus price target of $24.50, suggesting a potential upside of 7.08%. Targa Resources has a consensus price target of $301.18, suggesting a potential upside of 3.34%. Given Antero Midstream's higher probable upside, equities analysts plainly believe Antero Midstream is more favorable than Targa Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Antero Midstream
0 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.17
Targa Resources
0 Sell rating(s)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00

Summary

Targa Resources beats Antero Midstream on 15 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 superior investment? We will compare the two businesses based on the strength of their dividends, valuation, media sentiment, earnings, analyst recommendations, institutional ownership, profitability and risk.

In the previous week, Targa Resources had 13 more articles in the media than DT Midstream. MarketBeat recorded 17 mentions for Targa Resources and 4 mentions for DT Midstream. DT Midstream's average media sentiment score of 1.61 beat Targa Resources' score of 1.18 indicating that DT Midstream is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Targa Resources
14 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
DT Midstream
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Targa Resources has a beta of 0.72, suggesting that its share price is 28% less volatile than the broader market. Comparatively, DT Midstream has a beta of 0.7, suggesting that its share price is 30% 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%

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 2.7%. 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 raised its dividend for 5 consecutive years and DT Midstream has raised its dividend for 2 consecutive years.

Targa Resources currently has a consensus target price of $301.18, suggesting a potential upside of 3.34%. DT Midstream has a consensus target price of $153.43, suggesting a potential upside of 17.74%. Given DT Midstream's higher possible upside, analysts clearly 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)
4 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.60

92.1% of Targa Resources shares are owned by institutional investors. Comparatively, 81.5% of DT Midstream shares are owned by institutional investors. 1.4% of Targa Resources shares are owned by insiders. Comparatively, 0.5% of DT Midstream 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.

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
Targa Resources$17.03B3.67$1.84B$10.4627.86
DT Midstream$1.24B10.69$441M$4.5728.52

Summary

Targa Resources beats DT Midstream on 14 of the 20 factors compared between the two stocks.

How does Targa Resources compare to Energy Transfer?

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

In the previous week, Energy Transfer had 1 more articles in the media than Targa Resources. MarketBeat recorded 18 mentions for Energy Transfer and 17 mentions for Targa Resources. Targa Resources' average media sentiment score of 1.18 beat Energy Transfer's score of 1.11 indicating that Targa Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Energy Transfer
9 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Targa Resources
14 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Energy Transfer has a beta of 0.57, indicating that its share price is 43% less volatile than the broader market. Comparatively, Targa Resources has a beta of 0.72, indicating that its share price is 28% less volatile than the broader market.

Energy Transfer has higher revenue and earnings than Targa Resources. Energy Transfer 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
Energy Transfer$85.54B0.87$4.18B$1.4714.76
Targa Resources$17.03B3.67$1.84B$10.4627.86

Energy Transfer pays an annual dividend of $1.36 per share and has a dividend yield of 6.3%. Targa Resources pays an annual dividend of $5.00 per share and has a dividend yield of 1.7%. Energy Transfer pays out 92.5% 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 47.8% of its earnings in the form of a dividend. Energy Transfer has increased its dividend for 4 consecutive years and Targa Resources has increased its dividend for 5 consecutive years.

Targa Resources has a net margin of 13.55% compared to Energy Transfer's net margin of 4.87%. Targa Resources' return on equity of 69.26% beat Energy Transfer's return on equity.

Company Net Margins Return on Equity Return on Assets
Energy Transfer4.87% 11.55% 3.69%
Targa Resources 13.55%69.26%8.64%

38.2% of Energy Transfer shares are held by institutional investors. Comparatively, 92.1% of Targa Resources shares are held by institutional investors. 3.3% of Energy Transfer shares are held by insiders. Comparatively, 1.4% of Targa Resources 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.

Energy Transfer currently has a consensus price target of $24.17, suggesting a potential upside of 11.39%. Targa Resources has a consensus price target of $301.18, suggesting a potential upside of 3.34%. Given Energy Transfer's higher probable upside, research analysts clearly believe Energy Transfer is more favorable than Targa Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Energy Transfer
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93
Targa Resources
0 Sell rating(s)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00

Summary

Targa Resources beats Energy Transfer on 13 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 better business? We will contrast the two businesses based on the strength of their valuation, dividends, media sentiment, analyst recommendations, risk, institutional ownership, profitability and earnings.

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%

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 will outperform the market over the long term.

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$16.94B4.13$3.06B$1.5620.16
Targa Resources$17.03B3.67$1.84B$10.4627.86

In the previous week, Targa Resources had 3 more articles in the media than Kinder Morgan. MarketBeat recorded 17 mentions for Targa Resources and 14 mentions for Kinder Morgan. Kinder Morgan's average media sentiment score of 1.43 beat Targa Resources' score of 1.18 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
10 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Targa Resources
14 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Kinder Morgan presently has a consensus price target of $35.67, indicating a potential upside of 13.41%. Targa Resources has a consensus price target of $301.18, indicating a potential upside of 3.34%. Given Kinder Morgan's higher possible 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

Kinder Morgan has a beta of 0.56, meaning that its share price is 44% less volatile than the broader market. Comparatively, Targa Resources has a beta of 0.72, meaning that its share price is 28% less volatile than the broader market.

Summary

Targa Resources beats Kinder Morgan on 12 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, Gas & Consumable Fuels IndustryEnergy SectorNYSE Exchange
Market Cap$63.10B$11.59B$10.14B$23.50B
Dividend Yield1.70%11.21%11.47%3.76%
P/E Ratio27.8618.9522.0228.73
Price / Sales3.67621.48508.1820.67
Price / Cash18.6639.9536.3134.36
Price / Book19.564.574.144.74
Net Income$1.84B$5.27B$4.33B$1.07B
7 Day Performance-0.68%1.18%1.01%-0.96%
1 Month Performance13.29%8.35%7.50%-2.30%
1 Year Performance80.62%40.86%41.72%11.69%

Targa Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRGP
Targa Resources
3.923 of 5 stars
$291.44
-1.0%
$301.18
+3.3%
+83.7%$63.10B$17.03B27.863,570
PAA
Plains All American Pipeline
2.4259 of 5 stars
$25.52
-0.8%
$24.08
-5.7%
N/A$18.15B$44.26B7.073,900
AM
Antero Midstream
3.3198 of 5 stars
$22.47
-0.2%
$24.50
+9.0%
+26.8%$10.68B$1.19B26.75590
DTM
DT Midstream
3.789 of 5 stars
$128.54
-0.3%
$153.43
+19.4%
+25.4%$13.15B$1.24B28.13360
ET
Energy Transfer
4.8407 of 5 stars
$21.45
-0.4%
$24.08
+12.3%
+25.4%$74.17B$85.54B14.5922,311

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This page (NYSE:TRGP) was last updated on 9/9/2026 by MarketBeat.com Staff.
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