Targa Resources (TRGP) Competitors

$116.86
-0.82 (-0.70%)
(As of 04/26/2024 ET)

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 vs.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Targa Resources$16.06B1.62$828.20M$3.6731.84
Kinder Morgan$15.33B2.70$2.39B$1.1016.98

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Targa Resources
6 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Kinder Morgan
22 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

CompanyUnderperformOutperform
Targa ResourcesOutperform Votes
738
68.91%
Underperform Votes
333
31.09%
Kinder MorganOutperform Votes
817
66.97%
Underperform Votes
403
33.03%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Targa Resources
0 Sell rating(s)
0 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
3.00
Kinder Morgan
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29

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.

Company Net Margins Return on Equity Return on Assets
Targa Resources5.20% 18.64% 4.21%
Kinder Morgan 16.08%7.85%3.57%

Summary

Targa Resources beats Kinder Morgan on 11 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 ResourcesNatural gas transmission IndustryEnergy SectorNYSE Exchange
Market Cap$26.01B$20.43B$8.13B$17.47B
Dividend Yield1.70%5.67%11.77%3.55%
P/E Ratio31.8422.8416.6621.86
Price / Sales1.622.6449.7910.49
Price / Cash12.049.1311.3017.65
Price / Book5.652.443.604.87
Net Income$828.20M$1.65B$975.90M$964.96M
7 Day Performance3.49%2.32%1.57%1.90%
1 Month Performance5.24%2.13%2.52%-3.08%
1 Year Performance57.32%46.91%8.15%96.69%

Targa Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
KMI
Kinder Morgan
3.9136 of 5 stars
$18.76
-0.4%
$20.20
+7.7%
+8.5%$41.62B$15.33B17.0510,891Insider Selling
Positive News
WMB
Williams Companies
3.4583 of 5 stars
$38.79
+0.3%
$39.22
+1.1%
+33.4%$47.26B$10.91B14.815,601Positive News
TRP
TC Energy
3.7793 of 5 stars
$36.02
+0.3%
$48.83
+35.6%
-10.4%$36.02B$11.80B17.747,415Upcoming Earnings
Short Interest ↓
Analyst Revision
News Coverage
WES
Western Midstream Partners
1.4373 of 5 stars
$35.62
-0.3%
$30.64
-14.0%
+34.4%$13.55B$3.11B13.701,377Upcoming Earnings
Positive News
AM
Antero Midstream
2.9976 of 5 stars
$13.94
+1.2%
$12.70
-8.9%
+44.8%$6.69B$1.04B18.10604Ex-Dividend
Analyst Downgrade
Analyst Revision
News Coverage
ET
Energy Transfer
2.5819 of 5 stars
$15.87
+0.3%
$18.00
+13.4%
+27.8%$53.47B$78.59B14.5613,786Dividend Increase
EPD
Enterprise Products Partners
4.5476 of 5 stars
$28.91
-0.3%
$32.58
+12.7%
+9.1%$62.67B$49.72B11.477,500Options Volume
EC
Ecopetrol
0.704 of 5 stars
$11.72
+1.3%
$11.27
-3.9%
+24.9%$23.79B$143.19T5.0318,903News Coverage
CQP
Cheniere Energy Partners
0.9833 of 5 stars
$47.86
-1.6%
$49.20
+2.8%
N/A$23.17B$9.66B6.891,605Analyst Report
CTRA
Coterra Energy
4.5323 of 5 stars
$28.14
+0.7%
$32.47
+15.4%
+14.5%$21.15B$5.91B13.15894Upcoming Earnings

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This page (NYSE:TRGP) was last updated on 4/27/2024 by MarketBeat.com Staff

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