MPC vs. TRGP: Marathon Petroleum vs. Targa Resources Stock Comparison
How do Marathon Petroleum (MPC) 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
Marathon Petroleum (MPC) and Targa Resources (TRGP) both belong to the Oil, Gas & Consumable Fuels industry, though MPC is classified under Oil & Gas Refining & Marketing while TRGP falls under Oil & Gas Storage & Transportation.
| Profile Item | MPC | TRGP |
|---|---|---|
| Name | Marathon Petroleum Corp. | 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 Refining & Marketing | Oil & Gas Storage & Transportation |
| Market Capitalization | 101.49 billion USD | 56.77 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 24, 2011 | December 7, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MPC | TRGP |
|---|---|---|
| Total Return (1Y) | 104.94% | 61.02% |
| Total Return (3Y, Annualized) | 42.97% | 51.25% |
| Total Return (5Y, Annualized) | 45.42% | 39.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MPC | TRGP |
|---|---|---|
| Volatility (1Y, Annualized) | 37.53% | 29.62% |
| Beta (5Y) | 0.56 | 0.79 |
| Max Drawdown (5Y) | -44.75% | -31.61% |
| Avg. Volume (3M) | 2.56M | 1.21M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MPC | TRGP |
|---|---|---|
| Sharpe Ratio (1Y) | 2.68 | 1.92 |
| Sortino Ratio (1Y) | 4.10 | 2.91 |
Profitability
ROE (TTM)
Both Marathon Petroleum (MPC) at 60.46% and Targa Resources (TRGP) at 73.42% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.
MPC
Energy industry group
60.46%
- MPC
- 60.46%
- Max
- 53.85%
- 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)
Both Marathon Petroleum (MPC) at 8.34% 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.
MPC
Energy industry group
8.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- MPC
- 8.34%
- 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)
Both Marathon Petroleum (MPC) at 17.98% and Targa Resources (TRGP) at 19.58% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
MPC
Energy industry group
17.98%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- MPC
- 17.98%
- 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 | MPC | TRGP |
|---|---|---|
| ROE (TTM) | 60.46% | 73.42% |
| ROA (TTM) | 13.75% | 9.52% |
| Net Margin (TTM) | 8.34% | 13.46% |
| Operating Margin (TTM) | 17.98% | 19.58% |
| Gross Margin (TTM) | 16.20% | 41.82% |
Growth
Revenue Growth
Both Marathon Petroleum (MPC) at -4.44% 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
Both Marathon Petroleum (MPC) at 31.15% 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 | MPC | TRGP |
|---|---|---|
| Revenue Growth (YoY) | -4.44% | 3.95% |
| Revenue Growth (3Y CAGR) | -9.23% | -6.65% |
| EPS Growth (YoY) | 31.15% | 46.92% |
| EPS Growth (3Y CAGR) | -22.24% | 30.53% |
Financial Strength
Current Ratio (MRQ)
Marathon Petroleum (MPC) at 1.45 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.
MPC
Energy industry group
1.45
- Max
- 3.64
- Q3
- 2.21
- MPC
- 1.45
- 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)
Both balance sheets lean debt-heavy versus peers, but TRGP is more stretched: Marathon Petroleum (MPC) at 1.15 sits in the higher-leverage quartile and Targa Resources (TRGP) at 5.01 is above its industry benchmark range.
MPC
Energy industry group
1.15
- Max
- 1.75
- MPC
- 1.15
- Q3
- 0.93
- Median
- 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
Financial Strength Metrics
| Metric | MPC | TRGP |
|---|---|---|
| Current Ratio (MRQ) | 1.45 | 0.74 |
| Debt / Equity (MRQ) | 1.15 | 5.01 |
| Net Debt / EBITDA | 0.88 | 3.38 |
Dividends
Dividend Yield (TTM)
Both Marathon Petroleum (MPC) at 1.09% and Targa Resources (TRGP) at 1.75% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
MPC
Energy industry group
1.09%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- MPC
- 1.09%
- 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 Marathon Petroleum (MPC) at 7.93% 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.
MPC
Energy industry group
7.93%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- MPC
- 7.93%
- 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 | MPC | TRGP |
|---|---|---|
| Dividend Yield (TTM) | 1.09% | 1.75% |
| Dividend Payout Ratio (TTM) | 7.93% | 39.82% |
Valuation
P/E Ratio (TTM)
Marathon Petroleum (MPC) at 7.39 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.
MPC
Energy industry group
7.39
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- MPC
- 7.39
- 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)
Marathon Petroleum (MPC) at 0.58 looks cheap on sales in the lower P/S ratio quartile, while Targa Resources (TRGP) at 3.12 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
MPC
Energy industry group
0.58
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- MPC
- 0.58
- 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)
Measured against book value, both Marathon Petroleum (MPC) at 4.42 and Targa Resources (TRGP) at 14.87 look expensive — each P/B ratio sits above its industry’s benchmark range.
MPC
Energy industry group
4.42
- MPC
- 4.42
- Max
- 4.21
- Q3
- 2.38
- 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 | MPC | TRGP |
|---|---|---|
| P/E Ratio (TTM) | 7.39 | 23.42 |
| P/S Ratio (TTM) | 0.58 | 3.12 |
| P/B Ratio (MRQ) | 4.42 | 14.87 |
| Free Cash Flow Yield (TTM) | 16.00% | 0.29% |