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FANG vs. TRGP: Diamondback Energy vs. Targa Resources Stock Comparison

How do Diamondback Energy (FANG) 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

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

Company profile comparison for Diamondback Energy (FANG) and Targa Resources (TRGP)
Profile ItemFANGTRGP
NameDiamondback Energy Inc.Targa 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 Capitalization49.96 billion USD56.77 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateOctober 12, 2012December 7, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FANG
TRGP
GSPC
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Diamondback Energy (FANG) 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 Diamondback Energy (FANG) and Targa Resources (TRGP). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Diamondback Energy (FANG) and Targa Resources (TRGP)
MetricFANGTRGP
Total Return (1Y)26.99%61.02%
Total Return (3Y, Annualized)8.52%51.25%
Total Return (5Y, Annualized)14.17%39.54%

Risk Profile

Drawdown History

FANG
TRGP
GSPC
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Diamondback Energy (FANG) 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 Diamondback Energy (FANG) and Targa Resources (TRGP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Diamondback Energy (FANG) and Targa Resources (TRGP)
MetricFANGTRGP
Volatility (1Y, Annualized)33.77%29.62%
Beta (5Y)0.530.79
Max Drawdown (5Y)-42.10%-31.61%
Avg. Volume (3M)2.38M1.21M

Risk-Adjusted Performance

Risk-Return Positioning

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FANG 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 Diamondback Energy (FANG) and Targa Resources (TRGP)
MetricFANGTRGP
Sharpe Ratio (1Y)0.671.92
Sortino Ratio (1Y)0.972.91

Profitability

ROE (TTM)

Targa Resources (TRGP) at 73.42% clears its industry range for ROE, a sharper capital-efficiency signal than Diamondback Energy (FANG) at 4.86%, which is closer to a typical peer reading.

FANG

Energy industry group

4.86%

Max
53.85%
Q3
24.79%
Median
12.85%
FANG
4.86%
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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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Diamondback Energy (FANG) at 11.62% and Targa Resources (TRGP) at 13.46% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

FANG

Energy industry group

11.62%

Max
56.92%
Q3
22.92%
FANG
11.62%
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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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Diamondback Energy (FANG) at 44.95% operates in the top operating margin quartile, ahead of Targa Resources (TRGP) at 19.58%, which runs around its industry’s norm.

FANG

Energy industry group

44.95%

Max
71.31%
FANG
44.95%
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%
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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Diamondback Energy (FANG) and Targa Resources (TRGP)
MetricFANGTRGP
ROE (TTM)4.86%73.42%
ROA (TTM)2.07%9.52%
Net Margin (TTM)11.62%13.46%
Operating Margin (TTM)44.95%19.58%
Gross Margin (TTM)73.62%41.82%

Growth

Revenue Growth

Diamondback Energy (FANG) at 35.44% 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 FANG.

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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their Revenue Growth across different time periods.

EPS Growth

Targa Resources (TRGP) at 46.92% sits in the top EPS growth quartile, while Diamondback Energy (FANG) at -63.10% is in the bottom quartile, showing a clear gap in earnings momentum.

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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Diamondback Energy (FANG) and Targa Resources (TRGP)
MetricFANGTRGP
Revenue Growth (YoY)35.44%3.95%
Revenue Growth (3Y CAGR)15.99%-6.65%
EPS Growth (YoY)-63.10%46.92%
EPS Growth (3Y CAGR)-38.48%30.53%

Financial Strength

Current Ratio (MRQ)

Both Diamondback Energy (FANG) at 0.55 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.

FANG

Energy industry group

0.55

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
FANG
0.55
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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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Diamondback Energy (FANG) at 0.29 keeps leverage in the lower quartile, while Targa Resources (TRGP) at 5.01 is above its industry debt-to-equity ratio range.

FANG

Energy industry group

0.29

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
FANG
0.29
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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Diamondback Energy (FANG) 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 Diamondback Energy (FANG) and Targa Resources (TRGP)
MetricFANGTRGP
Current Ratio (MRQ)0.550.74
Debt / Equity (MRQ)0.295.01
Net Debt / EBITDA0.993.38

Dividends

Dividend Yield (TTM)

Both Diamondback Energy (FANG) at 2.47% and Targa Resources (TRGP) at 1.75% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

FANG

Energy industry group

2.47%

Max
8.57%
Q3
3.58%
FANG
2.47%
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%
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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Targa Resources (TRGP) at 39.82% pays out a band-typical share of earnings, while Diamondback Energy (FANG) at 57.20% distributes more than its industry norm — less retained, thinner cover.

FANG

Energy industry group

57.20%

Max
133.24%
FANG
57.20%
Q3
53.31%
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%
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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Diamondback Energy (FANG) and Targa Resources (TRGP)
MetricFANGTRGP
Dividend Yield (TTM)2.47%1.75%
Dividend Payout Ratio (TTM)57.20%39.82%

Valuation

P/E Ratio (TTM)

Both Diamondback Energy (FANG) at 24.09 and Targa Resources (TRGP) at 23.42 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

FANG

Energy industry group

24.09

Max
39.54
FANG
24.09
Q3
21.72
Median
12.19
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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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Diamondback Energy (FANG) at 2.83 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.

FANG

Energy industry group

2.83

Max
5.40
Q3
2.85
FANG
2.83
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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Diamondback Energy (FANG) vs. Targa Resources (TRGP): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Diamondback Energy (FANG) 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.

FANG

Energy industry group

1.28

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

Valuation Metrics

Valuation metrics for Diamondback Energy (FANG) and Targa Resources (TRGP)
MetricFANGTRGP
P/E Ratio (TTM)24.0923.42
P/S Ratio (TTM)2.833.12
P/B Ratio (MRQ)1.2814.87
Free Cash Flow Yield (TTM)12.09%0.29%