APA vs. TRGP: APA vs. Targa Resources Stock Comparison
How do APA (APA) and Targa Resources (TRGP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
APA (APA) and Targa Resources (TRGP) both belong to the Oil, Gas & Consumable Fuels industry, though APA is classified under Oil & Gas Exploration & Production while TRGP falls under Oil & Gas Storage & Transportation.
| Profile Item | APA | TRGP |
|---|---|---|
| Name | APA Corporation | Targa Resources Corp. |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Storage & Transportation |
| Market Capitalization | 14.98 billion USD | 56.77 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 15, 1979 | December 7, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APA | TRGP |
|---|---|---|
| Total Return (1Y) | 92.90% | 61.02% |
| Total Return (3Y, Annualized) | 11.25% | 51.25% |
| Total Return (5Y, Annualized) | 11.68% | 39.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | APA | TRGP |
|---|---|---|
| Volatility (1Y, Annualized) | 44.92% | 29.62% |
| Beta (5Y) | 0.34 | 0.79 |
| Max Drawdown (5Y) | -70.47% | -31.61% |
| Avg. Volume (3M) | 5.66M | 1.21M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | APA | TRGP |
|---|---|---|
| Sharpe Ratio (1Y) | 1.97 | 1.92 |
| Sortino Ratio (1Y) | 2.94 | 2.91 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Targa Resources (TRGP) at 73.42% is the standout with ROE above its industry range; APA (APA) at 33.32% also sits in the top quartile.
APA
Energy industry group
33.32%
- Max
- 53.85%
- APA
- 33.32%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
TRGP
Energy industry group
73.42%
- TRGP
- 73.42%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
APA (APA) at 23.49% retains a top-quartile share of revenue as profit, ahead of Targa Resources (TRGP) at 13.46%, which keeps about the industry-typical share.
APA
Energy industry group
23.49%
- Max
- 56.92%
- APA
- 23.49%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
TRGP
Energy industry group
13.46%
- Max
- 56.92%
- Q3
- 22.92%
- TRGP
- 13.46%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
APA (APA) at 44.25% operates in the top operating margin quartile, ahead of Targa Resources (TRGP) at 19.58%, which runs around its industry’s norm.
APA
Energy industry group
44.25%
- Max
- 71.31%
- APA
- 44.25%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
TRGP
Energy industry group
19.58%
- Max
- 71.31%
- Q3
- 33.75%
- TRGP
- 19.58%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | APA | TRGP |
|---|---|---|
| ROE (TTM) | 33.32% | 73.42% |
| ROA (TTM) | 14.06% | 9.52% |
| Net Margin (TTM) | 23.49% | 13.46% |
| Operating Margin (TTM) | 44.25% | 19.58% |
| Gross Margin (TTM) | 78.98% | 41.82% |
Growth
Revenue Growth
Targa Resources (TRGP) at 3.95% is around its peer norm for revenue growth, while APA (APA) at -8.39% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both APA (APA) at 75.77% and Targa Resources (TRGP) at 46.92% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | APA | TRGP |
|---|---|---|
| Revenue Growth (YoY) | -8.39% | 3.95% |
| Revenue Growth (3Y CAGR) | -6.96% | -6.65% |
| EPS Growth (YoY) | 75.77% | 46.92% |
| EPS Growth (3Y CAGR) | -28.73% | 30.53% |
Financial Strength
Current Ratio (MRQ)
Both APA (APA) at 0.85 and Targa Resources (TRGP) at 0.74 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
APA
Energy industry group
0.85
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- APA
- 0.85
- Min
- 0.24
TRGP
Energy industry group
0.74
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- TRGP
- 0.74
- Min
- 0.24
Debt / Equity (MRQ)
APA (APA) at 0.42 is near its industry mid-range for debt-to-equity ratio, while Targa Resources (TRGP) at 5.01 sits above its benchmark range, pointing to a heavier debt load relative to equity.
APA
Energy industry group
0.42
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- APA
- 0.42
- Q1
- 0.30
- Min
- 0.00
TRGP
Energy industry group
5.01
- TRGP
- 5.01
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | APA | TRGP |
|---|---|---|
| Current Ratio (MRQ) | 0.85 | 0.74 |
| Debt / Equity (MRQ) | 0.42 | 5.01 |
| Net Debt / EBITDA | 0.53 | 3.38 |
Dividends
Dividend Yield (TTM)
Both APA (APA) at 2.30% and Targa Resources (TRGP) at 1.75% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
APA
Energy industry group
2.30%
- Max
- 8.57%
- Q3
- 3.58%
- APA
- 2.30%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
TRGP
Energy industry group
1.75%
- Max
- 8.57%
- Q3
- 3.58%
- TRGP
- 1.75%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both APA (APA) at 16.26% and Targa Resources (TRGP) at 39.82% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
APA
Energy industry group
16.26%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- APA
- 16.26%
- Q1
- 0.00%
- Min
- 0.00%
TRGP
Energy industry group
39.82%
- Max
- 133.24%
- Q3
- 53.31%
- TRGP
- 39.82%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APA | TRGP |
|---|---|---|
| Dividend Yield (TTM) | 2.30% | 1.75% |
| Dividend Payout Ratio (TTM) | 16.26% | 39.82% |
Valuation
P/E Ratio (TTM)
APA (APA) at 7.26 sits in the cheaper P/E ratio quartile, while Targa Resources (TRGP) at 23.42 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
APA
Energy industry group
7.26
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- APA
- 7.26
- Min
- 2.99
TRGP
Energy industry group
23.42
- Max
- 39.54
- TRGP
- 23.42
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
APA (APA) at 1.62 is priced about in line with its industry on P/S ratio, while Targa Resources (TRGP) at 3.12 sits in the pricier quartile — TRGP costs more per dollar of sales.
APA
Energy industry group
1.62
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- APA
- 1.62
- Q1
- 0.88
- Min
- 0.00
TRGP
Energy industry group
3.12
- Max
- 5.40
- TRGP
- 3.12
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
APA (APA) at 2.11 sits near its industry’s typical P/B ratio, while Targa Resources (TRGP) at 14.87 prices above its benchmark range — TRGP looks rich relative to book.
APA
Energy industry group
2.11
- Max
- 4.21
- Q3
- 2.38
- APA
- 2.11
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
TRGP
Energy industry group
14.87
- TRGP
- 14.87
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | APA | TRGP |
|---|---|---|
| P/E Ratio (TTM) | 7.26 | 23.42 |
| P/S Ratio (TTM) | 1.62 | 3.12 |
| P/B Ratio (MRQ) | 2.11 | 14.87 |
| Free Cash Flow Yield (TTM) | 14.08% | 0.29% |