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AR vs. TRGP: Antero Resources vs. Targa Resources Stock Comparison

How do Antero Resources (AR) 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

Antero Resources (AR) and Targa Resources (TRGP) both belong to the Oil, Gas & Consumable Fuels industry, though AR is classified under Oil & Gas Exploration & Production while TRGP falls under Oil & Gas Storage & Transportation.

Company profile comparison for Antero Resources (AR) and Targa Resources (TRGP)
Profile ItemARTRGP
NameAntero Resources CorporationTarga Resources Corp.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Storage & Transportation
Market Capitalization11.08 billion USD56.77 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 10, 2013December 7, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AR
TRGP
GSPC
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Antero Resources (AR) vs. Targa Resources (TRGP), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Antero Resources (AR) and Targa Resources (TRGP). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Antero Resources (AR) and Targa Resources (TRGP). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Antero Resources (AR) and Targa Resources (TRGP)
MetricARTRGP
Total Return (1Y)7.96%61.02%
Total Return (3Y, Annualized)11.53%51.25%
Total Return (5Y, Annualized)12.31%39.54%

Risk Profile

Drawdown History

AR
TRGP
GSPC
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Antero Resources (AR) vs. Targa Resources (TRGP), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Antero Resources (AR) and Targa Resources (TRGP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Antero Resources (AR) and Targa Resources (TRGP)
MetricARTRGP
Volatility (1Y, Annualized)37.70%29.62%
Beta (5Y)0.520.79
Max Drawdown (5Y)-58.39%-31.61%
Avg. Volume (3M)4.04M1.21M

Risk-Adjusted Performance

Risk-Return Positioning

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AR and TRGP are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Antero Resources (AR) and Targa Resources (TRGP)
MetricARTRGP
Sharpe Ratio (1Y)0.101.92
Sortino Ratio (1Y)0.142.91

Profitability

ROE (TTM)

Targa Resources (TRGP) at 73.42% clears its industry range for ROE, a sharper capital-efficiency signal than Antero Resources (AR) at 17.39%, which is closer to a typical peer reading.

AR

Energy industry group

17.39%

Max
53.85%
Q3
24.79%
AR
17.39%
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%
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Antero Resources (AR) at 22.98% retains a top-quartile share of revenue as profit, ahead of Targa Resources (TRGP) at 13.46%, which keeps about the industry-typical share.

AR

Energy industry group

22.98%

Max
56.92%
AR
22.98%
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%
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Antero Resources (AR) at 29.50% and Targa Resources (TRGP) at 19.58% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

AR

Energy industry group

29.50%

Max
71.31%
Q3
33.75%
AR
29.50%
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%
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Antero Resources (AR) and Targa Resources (TRGP)
MetricARTRGP
ROE (TTM)17.39%73.42%
ROA (TTM)7.69%9.52%
Net Margin (TTM)22.98%13.46%
Operating Margin (TTM)29.50%19.58%
Gross Margin (TTM)68.28%41.82%

Growth

Revenue Growth

Antero Resources (AR) at 21.73% sits in the top revenue growth quartile, while Targa Resources (TRGP) at 3.95% is closer to the peer norm — faster top-line expansion for AR.

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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Antero Resources (AR) at 1,027.78% is the standout with EPS growth above its industry range; Targa Resources (TRGP) at 46.92% also sits in the top quartile.

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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Antero Resources (AR) and Targa Resources (TRGP)
MetricARTRGP
Revenue Growth (YoY)21.73%3.95%
Revenue Growth (3Y CAGR)-15.47%-6.65%
EPS Growth (YoY)1,027.78%46.92%
EPS Growth (3Y CAGR)-29.41%30.53%

Financial Strength

Current Ratio (MRQ)

Both Antero Resources (AR) at 0.39 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.

AR

Energy industry group

0.39

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
AR
0.39
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
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Antero Resources (AR) at 0.54 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.

AR

Energy industry group

0.54

Max
1.75
Q3
0.93
Median
0.54
AR
0.54
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
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Antero Resources (AR) and Targa Resources (TRGP)
MetricARTRGP
Current Ratio (MRQ)0.390.74
Debt / Equity (MRQ)0.545.01
Net Debt / EBITDA--3.38

Dividends

Dividend Yield (TTM)

Antero Resources (AR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Targa Resources (TRGP) reports a yield of 1.75%, ranking against industry peers normally.

AR

Energy industry group

0.00%

Max
8.57%
Q3
3.58%
Median
1.71%
AR
0.00%
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%
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Antero Resources (AR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Targa Resources (TRGP) reports a payout of 39.82%, ranking against industry peers normally.

AR

Energy industry group

0.00%

Max
133.24%
Q3
53.31%
Median
25.24%
AR
0.00%
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%
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Antero Resources (AR) and Targa Resources (TRGP)
MetricARTRGP
Dividend Yield (TTM)0.00%1.75%
Dividend Payout Ratio (TTM)0.00%39.82%

Valuation

P/E Ratio (TTM)

Antero Resources (AR) at 8.14 is near its industry’s usual P/E ratio, while Targa Resources (TRGP) at 23.42 sits in the richer quartile — TRGP needs stronger growth or earnings quality to justify the premium.

AR

Energy industry group

8.14

Max
39.54
Q3
21.72
Median
12.19
AR
8.14
Q1
7.71
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
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Antero Resources (AR) at 1.85 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.

AR

Energy industry group

1.85

Max
5.40
Q3
2.85
AR
1.85
Median
1.69
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
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Antero Resources (AR) at 1.28 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.

AR

Energy industry group

1.28

Max
4.21
Q3
2.38
Median
1.51
AR
1.28
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
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Antero Resources (AR) vs. Targa Resources (TRGP): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Antero Resources (AR) and Targa Resources (TRGP)
MetricARTRGP
P/E Ratio (TTM)8.1423.42
P/S Ratio (TTM)1.853.12
P/B Ratio (MRQ)1.2814.87
Free Cash Flow Yield (TTM)2.37%0.29%