TRGP vs. VLO: Targa Resources vs. Valero Energy Stock Comparison
How do Targa Resources (TRGP) and Valero Energy (VLO) 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
Targa Resources (TRGP) and Valero Energy (VLO) both belong to the Oil, Gas & Consumable Fuels industry, though TRGP is classified under Oil & Gas Storage & Transportation while VLO falls under Oil & Gas Refining & Marketing.
| Profile Item | TRGP | VLO |
|---|---|---|
| Name | Targa Resources Corp. | Valero Energy Corporation |
| 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 Storage & Transportation | Oil & Gas Refining & Marketing |
| Market Capitalization | 56.77 billion USD | 96.62 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 7, 2010 | January 4, 1982 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TRGP | VLO |
|---|---|---|
| Total Return (1Y) | 61.02% | 107.71% |
| Total Return (3Y, Annualized) | 51.25% | 47.89% |
| Total Return (5Y, Annualized) | 39.54% | 39.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | TRGP | VLO |
|---|---|---|
| Volatility (1Y, Annualized) | 29.62% | 39.31% |
| Beta (5Y) | 0.79 | 0.60 |
| Max Drawdown (5Y) | -31.61% | -41.22% |
| Avg. Volume (3M) | 1.21M | 3.05M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TRGP | VLO |
|---|---|---|
| Sharpe Ratio (1Y) | 1.92 | 2.63 |
| Sortino Ratio (1Y) | 2.91 | 4.08 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Targa Resources (TRGP) at 73.42% is the standout with ROE above its industry range; Valero Energy (VLO) at 46.87% also sits in the top quartile.
TRGP
Energy industry group
73.42%
- TRGP
- 73.42%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
VLO
Energy industry group
46.87%
- Max
- 53.85%
- VLO
- 46.87%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Targa Resources (TRGP) at 13.46% and Valero Energy (VLO) at 8.83% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
TRGP
Energy industry group
13.46%
- Max
- 56.92%
- Q3
- 22.92%
- TRGP
- 13.46%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
VLO
Energy industry group
8.83%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- VLO
- 8.83%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Targa Resources (TRGP) at 19.58% and Valero Energy (VLO) at 20.47% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
TRGP
Energy industry group
19.58%
- Max
- 71.31%
- Q3
- 33.75%
- TRGP
- 19.58%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
VLO
Energy industry group
20.47%
- Max
- 71.31%
- Q3
- 33.75%
- VLO
- 20.47%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | TRGP | VLO |
|---|---|---|
| ROE (TTM) | 73.42% | 46.87% |
| ROA (TTM) | 9.52% | 17.68% |
| Net Margin (TTM) | 13.46% | 8.83% |
| Operating Margin (TTM) | 19.58% | 20.47% |
| Gross Margin (TTM) | 41.82% | 19.52% |
Growth
Revenue Growth
Both Targa Resources (TRGP) at 3.95% and Valero Energy (VLO) at -5.54% 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 Valero Energy (VLO) at -11.77% is closer to the peer norm — faster per-share earnings growth for TRGP.
Growth Metrics
| Metric | TRGP | VLO |
|---|---|---|
| Revenue Growth (YoY) | 3.95% | -5.54% |
| Revenue Growth (3Y CAGR) | -6.65% | -11.40% |
| EPS Growth (YoY) | 46.92% | -11.77% |
| EPS Growth (3Y CAGR) | 30.53% | -36.12% |
Financial Strength
Current Ratio (MRQ)
Valero Energy (VLO) at 1.72 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.
TRGP
Energy industry group
0.74
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- TRGP
- 0.74
- Min
- 0.24
VLO
Energy industry group
1.72
- Max
- 3.64
- Q3
- 2.21
- VLO
- 1.72
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Valero Energy (VLO) at 0.35 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.
TRGP
Energy industry group
5.01
- TRGP
- 5.01
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
VLO
Energy industry group
0.35
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- VLO
- 0.35
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | TRGP | VLO |
|---|---|---|
| Current Ratio (MRQ) | 0.74 | 1.72 |
| Debt / Equity (MRQ) | 5.01 | 0.35 |
| Net Debt / EBITDA | 3.38 | 0.06 |
Dividends
Dividend Yield (TTM)
Both Targa Resources (TRGP) at 1.75% and Valero Energy (VLO) at 1.35% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
TRGP
Energy industry group
1.75%
- Max
- 8.57%
- Q3
- 3.58%
- TRGP
- 1.75%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
VLO
Energy industry group
1.35%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- VLO
- 1.35%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Targa Resources (TRGP) at 39.82% and Valero Energy (VLO) at 10.76% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
TRGP
Energy industry group
39.82%
- Max
- 133.24%
- Q3
- 53.31%
- TRGP
- 39.82%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
VLO
Energy industry group
10.76%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- VLO
- 10.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | TRGP | VLO |
|---|---|---|
| Dividend Yield (TTM) | 1.75% | 1.35% |
| Dividend Payout Ratio (TTM) | 39.82% | 10.76% |
Valuation
P/E Ratio (TTM)
Valero Energy (VLO) at 7.88 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.
TRGP
Energy industry group
23.42
- Max
- 39.54
- TRGP
- 23.42
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
VLO
Energy industry group
7.88
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- VLO
- 7.88
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Valero Energy (VLO) at 0.66 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.
TRGP
Energy industry group
3.12
- Max
- 5.40
- TRGP
- 3.12
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
VLO
Energy industry group
0.66
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- VLO
- 0.66
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Valero Energy (VLO) at 3.45 sits in the upper P/B ratio quartile, and Targa Resources (TRGP) at 14.87 prices even higher, above its industry range.
TRGP
Energy industry group
14.87
- TRGP
- 14.87
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
VLO
Energy industry group
3.45
- Max
- 4.21
- VLO
- 3.45
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | TRGP | VLO |
|---|---|---|
| P/E Ratio (TTM) | 23.42 | 7.88 |
| P/S Ratio (TTM) | 3.12 | 0.66 |
| P/B Ratio (MRQ) | 14.87 | 3.45 |
| Free Cash Flow Yield (TTM) | 0.29% | 13.02% |