SHEL vs. TRGP: Shell vs. Targa Resources Stock Comparison
How do Shell (SHEL) 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
Shell (SHEL) and Targa Resources (TRGP) both belong to the Oil, Gas & Consumable Fuels industry, though SHEL is classified under Integrated Oil & Gas while TRGP falls under Oil & Gas Storage & Transportation.
Targa Resources (TRGP) trades as ordinary local shares, while Shell (SHEL) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | SHEL | TRGP |
|---|---|---|
| Name | Shell plc American Depositary Shares (Each representing two Ordinary shares) | Targa Resources Corp. |
| Country/Region | United Kingdom | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Oil & Gas Storage & Transportation |
| Market Capitalization | 280.59 billion USD | 56.77 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 12, 1984 | December 7, 2010 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SHEL | TRGP |
|---|---|---|
| Total Return (1Y) | 36.30% | 61.02% |
| Total Return (3Y, Annualized) | 19.93% | 51.25% |
| Total Return (5Y, Annualized) | 21.02% | 39.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | SHEL | TRGP |
|---|---|---|
| Volatility (1Y, Annualized) | 23.60% | 29.62% |
| Beta (5Y) | 0.10 | 0.79 |
| Max Drawdown (5Y) | -25.04% | -31.61% |
| Avg. Volume (3M) | 6.01M | 1.21M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | SHEL | TRGP |
|---|---|---|
| Sharpe Ratio (1Y) | 1.36 | 1.92 |
| Sortino Ratio (1Y) | 1.99 | 2.91 |
Profitability
ROE (TTM)
Targa Resources (TRGP) at 73.42% clears its industry range for ROE, a sharper capital-efficiency signal than Shell (SHEL) at 17.43%, which is closer to a typical peer reading.
SHEL
Energy industry group
17.43%
- Max
- 53.85%
- Q3
- 24.79%
- SHEL
- 17.43%
- 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 Shell (SHEL) at 10.18% 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.
SHEL
Energy industry group
10.18%
- Max
- 56.92%
- Q3
- 22.92%
- SHEL
- 10.18%
- 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)
Both Shell (SHEL) at 18.76% and Targa Resources (TRGP) at 19.58% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
SHEL
Energy industry group
18.76%
- Max
- 71.31%
- Q3
- 33.75%
- SHEL
- 18.76%
- 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 | SHEL | TRGP |
|---|---|---|
| ROE (TTM) | 17.43% | 73.42% |
| ROA (TTM) | 7.67% | 9.52% |
| Net Margin (TTM) | 10.18% | 13.46% |
| Operating Margin (TTM) | 18.76% | 19.58% |
| Gross Margin (TTM) | 26.93% | 41.82% |
Growth
Revenue Growth
Both Shell (SHEL) at -6.13% 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 Shell (SHEL) at 18.58% is closer to the peer norm — faster per-share earnings growth for TRGP.
Growth Metrics
| Metric | SHEL | TRGP |
|---|---|---|
| Revenue Growth (YoY) | -6.13% | 3.95% |
| Revenue Growth (3Y CAGR) | -11.21% | -6.65% |
| EPS Growth (YoY) | 18.58% | 46.92% |
| EPS Growth (3Y CAGR) | -19.31% | 30.53% |
Financial Strength
Current Ratio (MRQ)
Shell (SHEL) at 1.38 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.
SHEL
Energy industry group
1.38
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- SHEL
- 1.38
- 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)
Shell (SHEL) at 0.38 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.
SHEL
Energy industry group
0.38
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- SHEL
- 0.38
- 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 | SHEL | TRGP |
|---|---|---|
| Current Ratio (MRQ) | 1.38 | 0.74 |
| Debt / Equity (MRQ) | 0.38 | 5.01 |
| Net Debt / EBITDA | 0.59 | 3.38 |
Dividends
Dividend Yield (TTM)
Both Shell (SHEL) at 1.54% and Targa Resources (TRGP) at 1.75% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
SHEL
Energy industry group
1.54%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- SHEL
- 1.54%
- 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 Shell (SHEL) at 26.24% 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.
SHEL
Energy industry group
26.24%
- Max
- 133.24%
- Q3
- 53.31%
- SHEL
- 26.24%
- 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 | SHEL | TRGP |
|---|---|---|
| Dividend Yield (TTM) | 1.54% | 1.75% |
| Dividend Payout Ratio (TTM) | 26.24% | 39.82% |
Valuation
P/E Ratio (TTM)
Shell (SHEL) at 8.60 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.
SHEL
Energy industry group
8.60
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- SHEL
- 8.60
- 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)
Shell (SHEL) at 0.87 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.
SHEL
Energy industry group
0.87
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- SHEL
- 0.87
- 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)
Shell (SHEL) at 1.43 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.
SHEL
Energy industry group
1.43
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- SHEL
- 1.43
- 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 | SHEL | TRGP |
|---|---|---|
| P/E Ratio (TTM) | 8.60 | 23.42 |
| P/S Ratio (TTM) | 0.87 | 3.12 |
| P/B Ratio (MRQ) | 1.43 | 14.87 |
| Free Cash Flow Yield (TTM) | 10.35% | 0.29% |