HAL vs. TRGP: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at HAL and TRGP, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
TRGP’s market capitalization of 37.93 billion USD is significantly greater than HAL’s 17.72 billion USD, highlighting its more substantial market valuation.
With betas of 1.14 for HAL and 1.07 for TRGP, both stocks show similar sensitivity to overall market movements.
| Symbol | HAL | TRGP |
|---|---|---|
| Company Name | Halliburton Company | Targa Resources Corp. |
| Country | US | US |
| Sector | Energy | Energy |
| Industry | Oil & Gas Equipment & Services | Oil & Gas Midstream |
| CEO | Jeffrey Allen Miller CPA | Matthew J. Meloy |
| Price | 20.615 USD | 174.835 USD |
| Market Cap | 17.72 billion USD | 37.93 billion USD |
| Beta | 1.14 | 1.07 |
| Exchange | NYSE | NYSE |
| IPO Date | June 1, 1972 | December 7, 2010 |
| ADR | No | No |
Historical Performance
This chart compares the performance of HAL and TRGP by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
HAL
20.37%
Oil & Gas Equipment & Services Industry
- Max
- 36.08%
- Q3
- 17.97%
- Median
- 11.37%
- Q1
- 5.31%
- Min
- 0.77%
In the upper quartile for the Oil & Gas Equipment & Services industry, HAL’s Return on Equity of 20.37% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
TRGP
51.85%
Oil & Gas Midstream Industry
- Max
- 27.45%
- Q3
- 19.75%
- Median
- 15.01%
- Q1
- 8.48%
- Min
- 0.13%
TRGP’s Return on Equity of 51.85% is exceptionally high, placing it well beyond the typical range for the Oil & Gas Midstream industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
Return on Invested Capital
HAL
12.52%
Oil & Gas Equipment & Services Industry
- Max
- 19.15%
- Q3
- 11.69%
- Median
- 7.62%
- Q1
- 4.60%
- Min
- -0.55%
In the upper quartile for the Oil & Gas Equipment & Services industry, HAL’s Return on Invested Capital of 12.52% signifies a highly effective use of its capital to generate profits when compared to its peers.
TRGP
10.49%
Oil & Gas Midstream Industry
- Max
- 20.30%
- Q3
- 12.39%
- Median
- 8.75%
- Q1
- 4.96%
- Min
- -1.77%
TRGP’s Return on Invested Capital of 10.49% is in line with the norm for the Oil & Gas Midstream industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
HAL
9.31%
Oil & Gas Equipment & Services Industry
- Max
- 18.33%
- Q3
- 10.80%
- Median
- 6.68%
- Q1
- 3.69%
- Min
- 0.48%
HAL’s Net Profit Margin of 9.31% is aligned with the median group of its peers in the Oil & Gas Equipment & Services industry. This indicates its ability to convert revenue into profit is typical for the sector.
TRGP
7.95%
Oil & Gas Midstream Industry
- Max
- 48.08%
- Q3
- 33.02%
- Median
- 18.32%
- Q1
- 10.29%
- Min
- -20.98%
Falling into the lower quartile for the Oil & Gas Midstream industry, TRGP’s Net Profit Margin of 7.95% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.
Operating Profit Margin
HAL
14.48%
Oil & Gas Equipment & Services Industry
- Max
- 33.39%
- Q3
- 18.22%
- Median
- 10.82%
- Q1
- 6.74%
- Min
- -3.70%
HAL’s Operating Profit Margin of 14.48% is around the midpoint for the Oil & Gas Equipment & Services industry, indicating that its efficiency in managing core business operations is typical for the sector.
TRGP
16.16%
Oil & Gas Midstream Industry
- Max
- 64.83%
- Q3
- 39.12%
- Median
- 32.11%
- Q1
- 12.82%
- Min
- -13.33%
TRGP’s Operating Profit Margin of 16.16% is around the midpoint for the Oil & Gas Midstream industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | HAL | TRGP |
|---|---|---|
| Return on Equity (TTM) | 20.37% | 51.85% |
| Return on Assets (TTM) | 8.34% | 5.73% |
| Return on Invested Capital (TTM) | 12.52% | 10.49% |
| Net Profit Margin (TTM) | 9.31% | 7.95% |
| Operating Profit Margin (TTM) | 14.48% | 16.16% |
| Gross Profit Margin (TTM) | 18.17% | 22.22% |
Financial Strength
Current Ratio
HAL
1.98
Oil & Gas Equipment & Services Industry
- Max
- 3.45
- Q3
- 2.30
- Median
- 1.89
- Q1
- 1.45
- Min
- 0.98
HAL’s Current Ratio of 1.98 aligns with the median group of the Oil & Gas Equipment & Services industry, indicating that its short-term liquidity is in line with its sector peers.
TRGP
0.65
Oil & Gas Midstream Industry
- Max
- 2.76
- Q3
- 1.64
- Median
- 1.11
- Q1
- 0.78
- Min
- 0.40
TRGP’s Current Ratio of 0.65 falls into the lower quartile for the Oil & Gas Midstream industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
HAL
0.83
Oil & Gas Equipment & Services Industry
- Max
- 1.71
- Q3
- 0.78
- Median
- 0.42
- Q1
- 0.13
- Min
- 0.00
HAL’s leverage is in the upper quartile of the Oil & Gas Equipment & Services industry, with a Debt-to-Equity Ratio of 0.83. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
TRGP
6.61
Oil & Gas Midstream Industry
- Max
- 3.10
- Q3
- 2.20
- Median
- 1.02
- Q1
- 0.51
- Min
- 0.03
With a Debt-to-Equity Ratio of 6.61, TRGP operates with exceptionally high leverage compared to the Oil & Gas Midstream industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio
HAL
7.31
Oil & Gas Equipment & Services Industry
- Max
- 21.78
- Q3
- 11.52
- Median
- 5.66
- Q1
- 2.95
- Min
- -0.18
HAL’s Interest Coverage Ratio of 7.31 is positioned comfortably within the norm for the Oil & Gas Equipment & Services industry, indicating a standard and healthy capacity to cover its interest payments.
TRGP
4.93
Oil & Gas Midstream Industry
- Max
- 9.28
- Q3
- 5.34
- Median
- 4.10
- Q1
- 2.04
- Min
- -0.53
TRGP’s Interest Coverage Ratio of 4.93 is positioned comfortably within the norm for the Oil & Gas Midstream industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | HAL | TRGP |
|---|---|---|
| Current Ratio (TTM) | 1.98 | 0.65 |
| Quick Ratio (TTM) | 1.46 | 0.57 |
| Debt-to-Equity Ratio (TTM) | 0.83 | 6.61 |
| Debt-to-Asset Ratio (TTM) | 0.34 | 0.71 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.57 | 3.95 |
| Interest Coverage Ratio (TTM) | 7.31 | 4.93 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for HAL and TRGP. These metrics are based on the companies’ annual financial reports.
Revenue Growth
EPS Growth
Free Cash Flow Growth
Dividend
Dividend Yield
HAL
3.30%
Oil & Gas Equipment & Services Industry
- Max
- 8.61%
- Q3
- 2.72%
- Median
- 0.39%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 3.30%, HAL offers a more attractive income stream than most of its peers in the Oil & Gas Equipment & Services industry, signaling a strong commitment to shareholder returns.
TRGP
1.86%
Oil & Gas Midstream Industry
- Max
- 24.20%
- Q3
- 7.64%
- Median
- 5.85%
- Q1
- 3.72%
- Min
- 0.00%
TRGP’s Dividend Yield of 1.86% is in the lower quartile for the Oil & Gas Midstream industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio
HAL
28.39%
Oil & Gas Equipment & Services Industry
- Max
- 309.30%
- Q3
- 43.65%
- Median
- 13.73%
- Q1
- 0.00%
- Min
- 0.00%
HAL’s Dividend Payout Ratio of 28.39% is within the typical range for the Oil & Gas Equipment & Services industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
TRGP
50.95%
Oil & Gas Midstream Industry
- Max
- 183.04%
- Q3
- 113.22%
- Median
- 89.17%
- Q1
- 62.10%
- Min
- 0.00%
TRGP’s Dividend Payout Ratio of 50.95% is in the lower quartile for the Oil & Gas Midstream industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
Dividend at a Glance
| Symbol | HAL | TRGP |
|---|---|---|
| Dividend Yield (TTM) | 3.30% | 1.86% |
| Dividend Payout Ratio (TTM) | 28.39% | 50.95% |
Valuation
Price-to-Earnings Ratio
HAL
8.51
Oil & Gas Equipment & Services Industry
- Max
- 30.34
- Q3
- 20.72
- Median
- 14.00
- Q1
- 9.32
- Min
- 3.96
In the lower quartile for the Oil & Gas Equipment & Services industry, HAL’s P/E Ratio of 8.51 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
TRGP
29.14
Oil & Gas Midstream Industry
- Max
- 33.49
- Q3
- 20.27
- Median
- 13.12
- Q1
- 10.61
- Min
- 3.06
A P/E Ratio of 29.14 places TRGP in the upper quartile for the Oil & Gas Midstream industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Forward P/E to Growth Ratio
HAL
1.93
Oil & Gas Equipment & Services Industry
- Max
- 2.72
- Q3
- 1.48
- Median
- 0.87
- Q1
- 0.42
- Min
- 0.04
The Forward PEG Ratio is often not a primary valuation metric in the Oil & Gas Equipment & Services industry.
TRGP
2.06
Oil & Gas Midstream Industry
- Max
- 5.02
- Q3
- 2.74
- Median
- 2.00
- Q1
- 0.54
- Min
- 0.09
The Forward PEG Ratio is often not a primary valuation metric in the Oil & Gas Midstream industry.
Price-to-Sales Ratio
HAL
0.79
Oil & Gas Equipment & Services Industry
- Max
- 3.58
- Q3
- 1.80
- Median
- 1.14
- Q1
- 0.62
- Min
- 0.44
HAL’s P/S Ratio of 0.79 aligns with the market consensus for the Oil & Gas Equipment & Services industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
TRGP
2.31
Oil & Gas Midstream Industry
- Max
- 7.61
- Q3
- 4.05
- Median
- 2.30
- Q1
- 1.19
- Min
- 0.08
TRGP’s P/S Ratio of 2.31 aligns with the market consensus for the Oil & Gas Midstream industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
HAL
1.72
Oil & Gas Equipment & Services Industry
- Max
- 4.35
- Q3
- 2.47
- Median
- 1.62
- Q1
- 1.14
- Min
- 0.48
HAL’s P/B Ratio of 1.72 is within the conventional range for the Oil & Gas Equipment & Services industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
TRGP
15.54
Oil & Gas Midstream Industry
- Max
- 4.33
- Q3
- 2.57
- Median
- 1.77
- Q1
- 1.02
- Min
- 0.31
At 15.54, TRGP’s P/B Ratio is at an extreme premium to the Oil & Gas Midstream industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | HAL | TRGP |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 8.51 | 29.14 |
| Forward PEG Ratio (TTM) | 1.93 | 2.06 |
| Price-to-Sales Ratio (P/S, TTM) | 0.79 | 2.31 |
| Price-to-Book Ratio (P/B, TTM) | 1.72 | 15.54 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 7.57 | 59.31 |
| EV-to-EBITDA (TTM) | 5.67 | 13.29 |
| EV-to-Sales (TTM) | 1.09 | 3.28 |