TRGP vs. WDS: Targa Resources vs. Woodside Energy Stock Comparison
How do Targa Resources (TRGP) and Woodside Energy (WDS) 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 Woodside Energy (WDS) both belong to the Oil, Gas & Consumable Fuels industry, though TRGP is classified under Oil & Gas Storage & Transportation while WDS falls under Oil & Gas Exploration & Production.
Targa Resources (TRGP) trades as ordinary local shares, while Woodside Energy (WDS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | TRGP | WDS |
|---|---|---|
| Name | Targa Resources Corp. | Woodside Energy Group Ltd ADR |
| Country/Region | United States | Australia |
| 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 | 40.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 7, 2010 | November 18, 1996 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TRGP | WDS |
|---|---|---|
| Total Return (1Y) | 61.02% | 30.30% |
| Total Return (3Y, Annualized) | 51.25% | 5.67% |
| Total Return (5Y, Annualized) | 39.54% | 11.65% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | TRGP | WDS |
|---|---|---|
| Volatility (1Y, Annualized) | 29.62% | 33.53% |
| Beta (5Y) | 0.79 | 0.38 |
| Max Drawdown (5Y) | -31.61% | -48.77% |
| Avg. Volume (3M) | 1.21M | 570.04K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TRGP | WDS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.92 | 0.78 |
| Sortino Ratio (1Y) | 2.91 | 1.11 |
Profitability
ROE (TTM)
Targa Resources (TRGP) at 73.42% clears its industry range for ROE, a sharper capital-efficiency signal than Woodside Energy (WDS) at 7.68%, 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%
WDS
Energy industry group
7.68%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- WDS
- 7.68%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Targa Resources (TRGP) at 13.46% and Woodside Energy (WDS) at 22.21% 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%
WDS
Energy industry group
22.21%
- Max
- 56.92%
- Q3
- 22.92%
- WDS
- 22.21%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Targa Resources (TRGP) at 19.58% and Woodside Energy (WDS) at 23.91% 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%
WDS
Energy industry group
23.91%
- Max
- 71.31%
- Q3
- 33.75%
- WDS
- 23.91%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | TRGP | WDS |
|---|---|---|
| ROE (TTM) | 73.42% | 7.68% |
| ROA (TTM) | 9.52% | 2.83% |
| Net Margin (TTM) | 13.46% | 22.21% |
| Operating Margin (TTM) | 19.58% | 23.91% |
| Gross Margin (TTM) | 41.82% | 34.92% |
Growth
Revenue Growth
Both Targa Resources (TRGP) at 3.95% and Woodside Energy (WDS) at -1.48% 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 Woodside Energy (WDS) at -24.02% is closer to the peer norm — faster per-share earnings growth for TRGP.
Growth Metrics
| Metric | TRGP | WDS |
|---|---|---|
| Revenue Growth (YoY) | 3.95% | -1.48% |
| Revenue Growth (3Y CAGR) | -6.65% | -8.26% |
| EPS Growth (YoY) | 46.92% | -24.02% |
| EPS Growth (3Y CAGR) | 30.53% | -30.68% |
Financial Strength
Current Ratio (MRQ)
Woodside Energy (WDS) 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.
TRGP
Energy industry group
0.74
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- TRGP
- 0.74
- Min
- 0.24
WDS
Energy industry group
1.39
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- WDS
- 1.39
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Woodside Energy (WDS) at 0.33 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
WDS
Energy industry group
0.33
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- WDS
- 0.33
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | TRGP | WDS |
|---|---|---|
| Current Ratio (MRQ) | 0.74 | 1.39 |
| Debt / Equity (MRQ) | 5.01 | 0.33 |
| Net Debt / EBITDA | 3.38 | 1.15 |
Dividends
Dividend Yield (TTM)
Woodside Energy (WDS) at 5.41% delivers top-quartile income for its industry, while Targa Resources (TRGP) at 1.75% pays a more typical yield — both are credible income propositions, WDS 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%
WDS
Energy industry group
5.41%
- Max
- 8.57%
- WDS
- 5.41%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Targa Resources (TRGP) at 39.82% pays out a band-typical share of earnings, while Woodside Energy (WDS) at 69.78% distributes more than its industry norm — less retained, thinner cover.
TRGP
Energy industry group
39.82%
- Max
- 133.24%
- Q3
- 53.31%
- TRGP
- 39.82%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
WDS
Energy industry group
69.78%
- Max
- 133.24%
- WDS
- 69.78%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | TRGP | WDS |
|---|---|---|
| Dividend Yield (TTM) | 1.75% | 5.41% |
| Dividend Payout Ratio (TTM) | 39.82% | 69.78% |
Valuation
P/E Ratio (TTM)
Woodside Energy (WDS) at 13.15 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
WDS
Energy industry group
13.15
- Max
- 39.54
- Q3
- 21.72
- WDS
- 13.15
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Both Targa Resources (TRGP) at 3.12 and Woodside Energy (WDS) at 2.89 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
TRGP
Energy industry group
3.12
- Max
- 5.40
- TRGP
- 3.12
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
WDS
Energy industry group
2.89
- Max
- 5.40
- WDS
- 2.89
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Woodside Energy (WDS) at 1.11 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
WDS
Energy industry group
1.11
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- WDS
- 1.11
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | TRGP | WDS |
|---|---|---|
| P/E Ratio (TTM) | 23.42 | 13.15 |
| P/S Ratio (TTM) | 3.12 | 2.89 |
| P/B Ratio (MRQ) | 14.87 | 1.11 |
| Free Cash Flow Yield (TTM) | 0.29% | 1.41% |