TRGP vs. KMI, WMB, TRP, WES, 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), TC Energy (TRP), Western Midstream Partners (WES), 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 (NYSE:TRGP) and Kinder Morgan (NYSE:KMI) are both large-cap oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, media sentiment, community ranking, analyst recommendations, dividends, profitability, risk, institutional ownership and earnings.
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.
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.
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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Kinder Morgan had 18 more articles in the media than Targa Resources. MarketBeat recorded 29 mentions for Kinder Morgan and 11 mentions for Targa Resources. Kinder Morgan's average media sentiment score of 1.15 beat Targa Resources' score of 0.98 indicating that Kinder Morgan is being referred to more favorably in the news media.
Kinder Morgan received 79 more outperform votes than Targa Resources when rated by MarketBeat users. However, 68.91% of users gave Targa Resources an outperform vote while only 66.97% of users gave Kinder Morgan an outperform vote.
Targa Resources presently has a consensus target price of $119.55, suggesting a potential upside of 2.30%. Kinder Morgan has a consensus target price of $20.20, suggesting a potential upside of 8.14%. Given Kinder Morgan's higher probable upside, analysts clearly believe Kinder Morgan is more favorable than Targa Resources.
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 6.0%. Targa Resources pays out 54.5% of its earnings in the form of a dividend. Kinder Morgan pays out 102.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Kinder Morgan has a net margin of 16.08% compared to Targa Resources' net margin of 5.20%. Targa Resources' return on equity of 18.64% beat Kinder Morgan's return on equity.
Summary
Targa Resources beats Kinder Morgan on 11 of the 20 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.
Skip ChartThis 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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