SLB vs. TRGP: SLB vs. Targa Resources Stock Comparison

November 11, 2026

How do SLB (SLB) 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

SLB (SLB) and Targa Resources (TRGP) both fall under the Energy industry group, but SLB is classified in Energy Equipment & Services while TRGP is classified in Oil, Gas & Consumable Fuels.

Company profile comparison for SLB (SLB) and Targa Resources (TRGP)
Profile Item	SLB	TRGP
Name	SLB N.V.	Targa Resources Corp.
Country/Region	United States	United States
GICS Sector	Energy	Energy
GICS Industry Group	Energy	Energy
GICS Industry	Energy Equipment & Services	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Oil & Gas Equipment & Services	Oil & Gas Storage & Transportation
Market Capitalization	73.68 billion USD	56.77 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 31, 1981	December 7, 2010
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

SLB

TRGP

GSPC

SLB (SLB) 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

Loading price history…

Trailing total returns for SLB (SLB) and Targa Resources (TRGP). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for SLB (SLB) and Targa Resources (TRGP)
Metric	SLB	TRGP
Total Return (1Y)	41.53%	61.02%
Total Return (3Y, Annualized)	1.23%	51.25%
Total Return (5Y, Annualized)	10.62%	39.54%

Risk Profile

Drawdown History

SLB

TRGP

GSPC

SLB (SLB) 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

Loading price history…

Distribution of monthly total returns for SLB (SLB) and Targa Resources (TRGP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for SLB (SLB) and Targa Resources (TRGP)
Metric	SLB	TRGP
Volatility (1Y, Annualized)	37.07%	29.62%
Beta (5Y)	0.80	0.79
Max Drawdown (5Y)	-46.63%	-31.61%
Avg. Volume (3M)	12.57M	1.21M

Risk-Adjusted Performance

Risk-Return Positioning

SLB 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 SLB (SLB) and Targa Resources (TRGP)
Metric	SLB	TRGP
Sharpe Ratio (1Y)	1.00	1.92
Sortino Ratio (1Y)	1.59	2.91

Profitability

ROE (TTM)

Targa Resources (TRGP) at 73.42% clears its industry range for ROE, a sharper capital-efficiency signal than SLB (SLB) at 11.66%, which is closer to a typical peer reading.

SLB

Energy industry group

11.66%

Max: 53.85%
Q3: 24.79%
Median: 12.85%
SLB: 11.66%
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%

SLB (SLB) vs. Targa Resources (TRGP): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both SLB (SLB) at 8.40% 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.

SLB

Energy industry group

8.40%

Max: 56.92%
Q3: 22.92%
Median: 10.10%
SLB: 8.40%
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%

SLB (SLB) vs. Targa Resources (TRGP): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both SLB (SLB) at 14.03% and Targa Resources (TRGP) at 19.58% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

SLB

Energy industry group

14.03%

Max: 71.31%
Q3: 33.75%
Median: 18.73%
SLB: 14.03%
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%

SLB (SLB) vs. Targa Resources (TRGP): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for SLB (SLB) and Targa Resources (TRGP)
Metric	SLB	TRGP
ROE (TTM)	11.66%	73.42%
ROA (TTM)	5.72%	9.52%
Net Margin (TTM)	8.40%	13.46%
Operating Margin (TTM)	14.03%	19.58%
Gross Margin (TTM)	16.59%	41.82%

Growth

Revenue Growth

Both SLB (SLB) at -1.60% 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.

SLB (SLB) 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 SLB (SLB) at -24.44% is closer to the peer norm — faster per-share earnings growth for TRGP.

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

Growth Metrics

Growth metrics for SLB (SLB) and Targa Resources (TRGP)
Metric	SLB	TRGP
Revenue Growth (YoY)	-1.60%	3.95%
Revenue Growth (3Y CAGR)	8.33%	-6.65%
EPS Growth (YoY)	-24.44%	46.92%
EPS Growth (3Y CAGR)	-0.56%	30.53%

Financial Strength

Current Ratio (MRQ)

SLB (SLB) at 1.39 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.

SLB

Energy industry group

1.39

Max: 3.64
Q3: 2.21
Median: 1.41
SLB: 1.39
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

SLB (SLB) vs. Targa Resources (TRGP): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

SLB (SLB) at 0.47 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.

SLB

Energy industry group

0.47

Max: 1.75
Q3: 0.93
Median: 0.54
SLB: 0.47
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

SLB (SLB) 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 SLB (SLB) and Targa Resources (TRGP)
Metric	SLB	TRGP
Current Ratio (MRQ)	1.39	0.74
Debt / Equity (MRQ)	0.47	5.01
Net Debt / EBITDA	1.25	3.38

Dividends

Dividend Yield (TTM)

Both SLB (SLB) at 2.36% and Targa Resources (TRGP) at 1.75% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

SLB

Energy industry group

2.36%

Max: 8.57%
Q3: 3.58%
SLB: 2.36%
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%

SLB (SLB) 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 SLB (SLB) at 56.80% distributes more than its industry norm — less retained, thinner cover.

SLB

Energy industry group

56.80%

Max: 133.24%
SLB: 56.80%
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%

SLB (SLB) vs. Targa Resources (TRGP): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for SLB (SLB) and Targa Resources (TRGP)
Metric	SLB	TRGP
Dividend Yield (TTM)	2.36%	1.75%
Dividend Payout Ratio (TTM)	56.80%	39.82%

Valuation

P/E Ratio (TTM)

Both SLB (SLB) at 24.23 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.

SLB

Energy industry group

24.23

Max: 39.54
SLB: 24.23
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

SLB (SLB) vs. Targa Resources (TRGP): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

SLB (SLB) at 2.00 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.

SLB

Energy industry group

2.00

Max: 5.40
Q3: 2.85
SLB: 2.00
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

SLB (SLB) vs. Targa Resources (TRGP): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: SLB (SLB) at 2.83 sits in the upper P/B ratio quartile, and Targa Resources (TRGP) at 14.87 prices even higher, above its industry range.

SLB

Energy industry group

2.83

Max: 4.21
SLB: 2.83
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

SLB (SLB) vs. Targa Resources (TRGP): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for SLB (SLB) and Targa Resources (TRGP)
Metric	SLB	TRGP
P/E Ratio (TTM)	24.23	23.42
P/S Ratio (TTM)	2.00	3.12
P/B Ratio (MRQ)	2.83	14.87
Free Cash Flow Yield (TTM)	4.18%	0.29%