OKE vs. TRGP
Compare and contrast key facts about ONEOK, Inc. (OKE) and Targa Resources Corp. (TRGP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OKE or TRGP.
Correlation
The correlation between OKE and TRGP is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OKE vs. TRGP - Performance Comparison
Key characteristics
OKE:
0.41
TRGP:
1.64
OKE:
0.69
TRGP:
1.95
OKE:
1.11
TRGP:
1.30
OKE:
0.39
TRGP:
2.18
OKE:
1.14
TRGP:
7.06
OKE:
10.90%
TRGP:
7.96%
OKE:
30.02%
TRGP:
34.43%
OKE:
-80.17%
TRGP:
-95.21%
OKE:
-25.47%
TRGP:
-17.93%
Fundamentals
OKE:
$53.89B
TRGP:
$38.51B
OKE:
$5.17
TRGP:
$5.74
OKE:
16.69
TRGP:
30.84
OKE:
1.48
TRGP:
1.42
OKE:
2.48
TRGP:
2.35
OKE:
3.10
TRGP:
14.47
OKE:
$16.92B
TRGP:
$11.88B
OKE:
$5.13B
TRGP:
$2.72B
OKE:
$5.12B
TRGP:
$3.14B
Returns By Period
In the year-to-date period, OKE achieves a -13.11% return, which is significantly lower than TRGP's -0.13% return. Over the past 10 years, OKE has outperformed TRGP with an annualized return of 12.77%, while TRGP has yielded a comparatively lower 10.79% annualized return.
OKE
-13.11%
-14.76%
-8.82%
10.95%
33.81%
12.77%
TRGP
-0.13%
-12.09%
7.90%
54.02%
82.72%
10.79%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
OKE vs. TRGP — Risk-Adjusted Performance Rank
OKE
TRGP
OKE vs. TRGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ONEOK, Inc. (OKE) and Targa Resources Corp. (TRGP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
OKE vs. TRGP - Dividend Comparison
OKE's dividend yield for the trailing twelve months is around 4.63%, more than TRGP's 1.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OKE ONEOK, Inc. | 4.63% | 3.94% | 5.44% | 5.69% | 6.36% | 9.74% | 4.66% | 6.01% | 5.09% | 4.28% | 9.85% | 4.27% |
TRGP Targa Resources Corp. | 1.69% | 1.54% | 2.13% | 1.90% | 0.77% | 4.59% | 8.92% | 10.11% | 7.52% | 6.49% | 12.53% | 2.52% |
Drawdowns
OKE vs. TRGP - Drawdown Comparison
The maximum OKE drawdown since its inception was -80.17%, smaller than the maximum TRGP drawdown of -95.21%. Use the drawdown chart below to compare losses from any high point for OKE and TRGP. For additional features, visit the drawdowns tool.
Volatility
OKE vs. TRGP - Volatility Comparison
The current volatility for ONEOK, Inc. (OKE) is 19.86%, while Targa Resources Corp. (TRGP) has a volatility of 22.68%. This indicates that OKE experiences smaller price fluctuations and is considered to be less risky than TRGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
OKE vs. TRGP - Financials Comparison
This section allows you to compare key financial metrics between ONEOK, Inc. and Targa Resources Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities