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TRGP vs. VNOM: Targa Resources vs. Viper Energy Stock Comparison

How do Targa Resources (TRGP) and Viper Energy (VNOM) 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 Viper Energy (VNOM) both belong to the Oil, Gas & Consumable Fuels industry, though TRGP is classified under Oil & Gas Storage & Transportation while VNOM falls under Oil & Gas Exploration & Production.

Company profile comparison for Targa Resources (TRGP) and Viper Energy (VNOM)
Profile ItemTRGPVNOM
NameTarga Resources Corp.Viper Energy, Inc.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Storage & TransportationOil & Gas Exploration & Production
Market Capitalization56.77 billion USD21.21 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateDecember 7, 2010June 18, 2014
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

TRGP
VNOM
GSPC
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Targa Resources (TRGP) vs. Viper Energy (VNOM), 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

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

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Targa Resources (TRGP) and Viper Energy (VNOM)
MetricTRGPVNOM
Total Return (1Y)61.02%12.89%
Total Return (3Y, Annualized)51.25%17.78%
Total Return (5Y, Annualized)39.54%18.74%

Risk Profile

Drawdown History

TRGP
VNOM
GSPC
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Targa Resources (TRGP) vs. Viper Energy (VNOM), 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

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

Risk Metrics

Risk profile metrics for Targa Resources (TRGP) and Viper Energy (VNOM)
MetricTRGPVNOM
Volatility (1Y, Annualized)29.62%29.71%
Beta (5Y)0.790.54
Max Drawdown (5Y)-31.61%-34.46%
Avg. Volume (3M)1.21M1.93M

Risk-Adjusted Performance

Risk-Return Positioning

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TRGP and VNOM 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 Targa Resources (TRGP) and Viper Energy (VNOM)
MetricTRGPVNOM
Sharpe Ratio (1Y)1.920.29
Sortino Ratio (1Y)2.910.40

Profitability

ROE (TTM)

Targa Resources (TRGP) at 73.42% clears its industry range for ROE, a sharper capital-efficiency signal than Viper Energy (VNOM) at 5.60%, which is closer to a typical peer reading.

TRGP

Energy industry group

73.42%

TRGP
73.42%
Max
53.85%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%

VNOM

Energy industry group

5.60%

Max
53.85%
Q3
24.79%
Median
12.85%
VNOM
5.60%
Q1
2.03%
Min
-29.09%
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Targa Resources (TRGP) at 13.46% and Viper Energy (VNOM) at 12.77% 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%

VNOM

Energy industry group

12.77%

Max
56.92%
Q3
22.92%
VNOM
12.77%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Viper Energy (VNOM) at 58.79% operates in the top operating margin quartile, ahead of Targa Resources (TRGP) at 19.58%, which runs around its industry’s norm.

TRGP

Energy industry group

19.58%

Max
71.31%
Q3
33.75%
TRGP
19.58%
Median
18.73%
Q1
6.94%
Min
-24.52%

VNOM

Energy industry group

58.79%

Max
71.31%
VNOM
58.79%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Targa Resources (TRGP) and Viper Energy (VNOM)
MetricTRGPVNOM
ROE (TTM)73.42%5.60%
ROA (TTM)9.52%5.83%
Net Margin (TTM)13.46%12.77%
Operating Margin (TTM)19.58%58.79%
Gross Margin (TTM)41.82%100.00%

Growth

Revenue Growth

Viper Energy (VNOM) at 62.09% clears its industry range for revenue growth, far stronger top-line momentum than Targa Resources (TRGP) at 3.95%, which is closer to a typical peer reading.

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Targa Resources (TRGP) vs. Viper Energy (VNOM): 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 Viper Energy (VNOM) at -112.57% is in the bottom quartile, showing a clear gap in earnings momentum.

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

Growth Metrics

Growth metrics for Targa Resources (TRGP) and Viper Energy (VNOM)
MetricTRGPVNOM
Revenue Growth (YoY)3.95%62.09%
Revenue Growth (3Y CAGR)-6.65%17.21%
EPS Growth (YoY)46.92%-112.57%
EPS Growth (3Y CAGR)30.53%--

Financial Strength

Current Ratio (MRQ)

Viper Energy (VNOM) at 5.92 carries current ratio above its industry’s typical mid-range, while Targa Resources (TRGP) at 0.74 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

TRGP

Energy industry group

0.74

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
TRGP
0.74
Min
0.24

VNOM

Energy industry group

5.92

VNOM
5.92
Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
Min
0.24
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Viper Energy (VNOM) at 0.23 keeps leverage in the lower quartile, while Targa Resources (TRGP) at 5.01 is above its industry debt-to-equity ratio range.

TRGP

Energy industry group

5.01

TRGP
5.01
Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
Min
0.00

VNOM

Energy industry group

0.23

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
VNOM
0.23
Min
0.00
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Targa Resources (TRGP) and Viper Energy (VNOM)
MetricTRGPVNOM
Current Ratio (MRQ)0.745.92
Debt / Equity (MRQ)5.010.23
Net Debt / EBITDA3.381.14

Dividends

Dividend Yield (TTM)

Viper Energy (VNOM) at 5.97% delivers top-quartile income for its industry, while Targa Resources (TRGP) at 1.75% pays a more typical yield — both are credible income propositions, VNOM the richer one.

TRGP

Energy industry group

1.75%

Max
8.57%
Q3
3.58%
TRGP
1.75%
Median
1.71%
Q1
0.00%
Min
0.00%

VNOM

Energy industry group

5.97%

Max
8.57%
VNOM
5.97%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Viper Energy (VNOM) reports payout ratio above 100% at 194.44%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Targa Resources (TRGP) reports 39.82%, ranking against industry peers normally.

TRGP

Energy industry group

39.82%

Max
133.24%
Q3
53.31%
TRGP
39.82%
Median
25.24%
Q1
0.00%
Min
0.00%

VNOM

Energy industry group

194.44%

VNOM
194.44%
Max
133.24%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Targa Resources (TRGP) and Viper Energy (VNOM)
MetricTRGPVNOM
Dividend Yield (TTM)1.75%5.97%
Dividend Payout Ratio (TTM)39.82%194.44%

Valuation

P/E Ratio (TTM)

Both Targa Resources (TRGP) at 23.42 and Viper Energy (VNOM) at 32.24 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.

TRGP

Energy industry group

23.42

Max
39.54
TRGP
23.42
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99

VNOM

Energy industry group

32.24

Max
39.54
VNOM
32.24
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: Targa Resources (TRGP) at 3.12 sits in the upper P/S ratio quartile, and Viper Energy (VNOM) at 9.82 prices even higher, above its industry range.

TRGP

Energy industry group

3.12

Max
5.40
TRGP
3.12
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00

VNOM

Energy industry group

9.82

VNOM
9.82
Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Viper Energy (VNOM) at 1.53 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.

TRGP

Energy industry group

14.87

TRGP
14.87
Max
4.21
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01

VNOM

Energy industry group

1.53

Max
4.21
Q3
2.38
VNOM
1.53
Median
1.51
Q1
1.08
Min
0.01
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Targa Resources (TRGP) vs. Viper Energy (VNOM): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Targa Resources (TRGP) and Viper Energy (VNOM)
MetricTRGPVNOM
P/E Ratio (TTM)23.4232.24
P/S Ratio (TTM)3.129.82
P/B Ratio (MRQ)14.871.53
Free Cash Flow Yield (TTM)0.29%3.67%