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.
| Profile Item | TRGP | VNOM |
|---|---|---|
| Name | Targa Resources Corp. | Viper Energy, Inc. |
| 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 Exploration & Production |
| Market Capitalization | 56.77 billion USD | 21.21 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | December 7, 2010 | June 18, 2014 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TRGP | VNOM |
|---|---|---|
| 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
Return Distribution
Risk Metrics
| Metric | TRGP | VNOM |
|---|---|---|
| Volatility (1Y, Annualized) | 29.62% | 29.71% |
| Beta (5Y) | 0.79 | 0.54 |
| Max Drawdown (5Y) | -31.61% | -34.46% |
| Avg. Volume (3M) | 1.21M | 1.93M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TRGP | VNOM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.92 | 0.29 |
| Sortino Ratio (1Y) | 2.91 | 0.40 |
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%
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%
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%
Profitability Metrics
| Metric | TRGP | VNOM |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | TRGP | VNOM |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | TRGP | VNOM |
|---|---|---|
| Current Ratio (MRQ) | 0.74 | 5.92 |
| Debt / Equity (MRQ) | 5.01 | 0.23 |
| Net Debt / EBITDA | 3.38 | 1.14 |
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%
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%
Dividend Metrics
| Metric | TRGP | VNOM |
|---|---|---|
| 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
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
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
Valuation Metrics
| Metric | TRGP | VNOM |
|---|---|---|
| P/E Ratio (TTM) | 23.42 | 32.24 |
| P/S Ratio (TTM) | 3.12 | 9.82 |
| P/B Ratio (MRQ) | 14.87 | 1.53 |
| Free Cash Flow Yield (TTM) | 0.29% | 3.67% |