EOG vs. TRGP: EOG Resources vs. Targa Resources Stock Comparison
How do EOG Resources (EOG) 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
EOG Resources (EOG) and Targa Resources (TRGP) both belong to the Oil, Gas & Consumable Fuels industry, though EOG is classified under Oil & Gas Exploration & Production while TRGP falls under Oil & Gas Storage & Transportation.
| Profile Item | EOG | TRGP |
|---|---|---|
| Name | EOG Resources, Inc. | 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 | 76.28 billion USD | 56.77 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 4, 1989 | December 7, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EOG | TRGP |
|---|---|---|
| Total Return (1Y) | 45.14% | 61.02% |
| Total Return (3Y, Annualized) | 10.80% | 51.25% |
| Total Return (5Y, Annualized) | 14.14% | 39.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EOG | TRGP |
|---|---|---|
| Volatility (1Y, Annualized) | 30.35% | 29.62% |
| Beta (5Y) | 0.30 | 0.79 |
| Max Drawdown (5Y) | -33.42% | -31.61% |
| Avg. Volume (3M) | 2.98M | 1.21M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EOG | TRGP |
|---|---|---|
| Sharpe Ratio (1Y) | 1.35 | 1.92 |
| Sortino Ratio (1Y) | 1.95 | 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; EOG Resources (EOG) at 25.83% also sits in the top quartile.
EOG
Energy industry group
25.83%
- Max
- 53.85%
- EOG
- 25.83%
- 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)
EOG Resources (EOG) at 28.06% retains a top-quartile share of revenue as profit, ahead of Targa Resources (TRGP) at 13.46%, which keeps about the industry-typical share.
EOG
Energy industry group
28.06%
- Max
- 56.92%
- EOG
- 28.06%
- 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)
EOG Resources (EOG) at 40.84% operates in the top operating margin quartile, ahead of Targa Resources (TRGP) at 19.58%, which runs around its industry’s norm.
EOG
Energy industry group
40.84%
- Max
- 71.31%
- EOG
- 40.84%
- 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 | EOG | TRGP |
|---|---|---|
| ROE (TTM) | 25.83% | 73.42% |
| ROA (TTM) | 11.90% | 9.52% |
| Net Margin (TTM) | 28.06% | 13.46% |
| Operating Margin (TTM) | 40.84% | 19.58% |
| Gross Margin (TTM) | 62.98% | 41.82% |
Growth
Revenue Growth
Both EOG Resources (EOG) at -3.40% and Targa Resources (TRGP) at 3.95% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Targa Resources (TRGP) at 46.92% sits in the top EPS growth quartile, while EOG Resources (EOG) at -18.93% is closer to the peer norm — faster per-share earnings growth for TRGP.
Growth Metrics
| Metric | EOG | TRGP |
|---|---|---|
| Revenue Growth (YoY) | -3.40% | 3.95% |
| Revenue Growth (3Y CAGR) | -8.51% | -6.65% |
| EPS Growth (YoY) | -18.93% | 46.92% |
| EPS Growth (3Y CAGR) | -11.64% | 30.53% |
Financial Strength
Current Ratio (MRQ)
EOG Resources (EOG) at 1.90 keeps current ratio within its industry’s typical mid-range, while Targa Resources (TRGP) at 0.74 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TRGP.
EOG
Energy industry group
1.90
- Max
- 3.64
- Q3
- 2.21
- EOG
- 1.90
- Median
- 1.41
- Q1
- 0.88
- 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)
EOG Resources (EOG) at 0.25 keeps leverage in the lower quartile, while Targa Resources (TRGP) at 5.01 is above its industry debt-to-equity ratio range.
EOG
Energy industry group
0.25
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- EOG
- 0.25
- 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 | EOG | TRGP |
|---|---|---|
| Current Ratio (MRQ) | 1.90 | 0.74 |
| Debt / Equity (MRQ) | 0.25 | 5.01 |
| Net Debt / EBITDA | 0.16 | 3.38 |
Dividends
Dividend Yield (TTM)
Both EOG Resources (EOG) at 2.82% and Targa Resources (TRGP) at 1.75% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
EOG
Energy industry group
2.82%
- Max
- 8.57%
- Q3
- 3.58%
- EOG
- 2.82%
- 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 EOG Resources (EOG) at 26.34% 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.
EOG
Energy industry group
26.34%
- Max
- 133.24%
- Q3
- 53.31%
- EOG
- 26.34%
- Median
- 25.24%
- 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 | EOG | TRGP |
|---|---|---|
| Dividend Yield (TTM) | 2.82% | 1.75% |
| Dividend Payout Ratio (TTM) | 26.34% | 39.82% |
Valuation
P/E Ratio (TTM)
EOG Resources (EOG) at 9.50 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.
EOG
Energy industry group
9.50
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EOG
- 9.50
- 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
P/S Ratio (TTM)
EOG Resources (EOG) at 2.61 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.
EOG
Energy industry group
2.61
- Max
- 5.40
- Q3
- 2.85
- EOG
- 2.61
- 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
P/B Ratio (MRQ)
EOG Resources (EOG) at 2.31 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.
EOG
Energy industry group
2.31
- Max
- 4.21
- Q3
- 2.38
- EOG
- 2.31
- 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 | EOG | TRGP |
|---|---|---|
| P/E Ratio (TTM) | 9.50 | 23.42 |
| P/S Ratio (TTM) | 2.61 | 3.12 |
| P/B Ratio (MRQ) | 2.31 | 14.87 |
| Free Cash Flow Yield (TTM) | 7.29% | 0.29% |