TRGP vs. MPLX
Compare and contrast key facts about Targa Resources Corp. (TRGP) and MPLX LP (MPLX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRGP or MPLX.
Performance
TRGP vs. MPLX - Performance Comparison
Returns By Period
In the year-to-date period, TRGP achieves a 144.04% return, which is significantly higher than MPLX's 46.57% return. Over the past 10 years, TRGP has outperformed MPLX with an annualized return of 10.94%, while MPLX has yielded a comparatively lower 5.07% annualized return.
TRGP
144.04%
25.57%
83.25%
143.06%
44.30%
10.94%
MPLX
46.57%
15.23%
28.25%
50.43%
28.62%
5.07%
Fundamentals
| TRGP | MPLX | |
|---|---|---|
| Market Cap | $44.23B | $48.47B |
| EPS | $5.54 | $4.24 |
| PE Ratio | 36.61 | 11.22 |
| PEG Ratio | 1.20 | 2.26 |
| Total Revenue (TTM) | $16.30B | $11.11B |
| Gross Profit (TTM) | $3.10B | $6.30B |
| EBITDA (TTM) | $4.02B | $6.10B |
Key characteristics
| TRGP | MPLX | |
|---|---|---|
| Sharpe Ratio | 6.38 | 4.01 |
| Sortino Ratio | 6.89 | 5.72 |
| Omega Ratio | 1.96 | 1.71 |
| Calmar Ratio | 13.04 | 6.32 |
| Martin Ratio | 48.75 | 28.76 |
| Ulcer Index | 2.93% | 1.75% |
| Daily Std Dev | 22.41% | 12.58% |
| Max Drawdown | -95.21% | -85.72% |
| Current Drawdown | -0.18% | 0.00% |
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Correlation
The correlation between TRGP and MPLX is 0.54, 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.
Risk-Adjusted Performance
TRGP vs. MPLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Targa Resources Corp. (TRGP) and MPLX LP (MPLX). 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
TRGP vs. MPLX - Dividend Comparison
TRGP's dividend yield for the trailing twelve months is around 1.33%, less than MPLX's 7.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRGP Targa Resources Corp. | 1.33% | 2.13% | 1.90% | 0.77% | 4.59% | 8.92% | 10.11% | 7.52% | 6.49% | 12.53% | 2.53% | 2.33% |
MPLX MPLX LP | 7.08% | 8.65% | 8.80% | 11.30% | 12.71% | 10.42% | 8.22% | 6.23% | 5.86% | 4.33% | 1.83% | 2.32% |
Drawdowns
TRGP vs. MPLX - Drawdown Comparison
The maximum TRGP drawdown since its inception was -95.21%, which is greater than MPLX's maximum drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for TRGP and MPLX. For additional features, visit the drawdowns tool.
Volatility
TRGP vs. MPLX - Volatility Comparison
Targa Resources Corp. (TRGP) has a higher volatility of 8.17% compared to MPLX LP (MPLX) at 5.11%. This indicates that TRGP's price experiences larger fluctuations and is considered to be riskier than MPLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TRGP vs. MPLX - Financials Comparison
This section allows you to compare key financial metrics between Targa Resources Corp. and MPLX LP. 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