TRGP vs. OKE
Compare and contrast key facts about Targa Resources Corp. (TRGP) and ONEOK, Inc. (OKE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRGP or OKE.
Correlation
The correlation between TRGP and OKE 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
TRGP vs. OKE - Performance Comparison
Key characteristics
TRGP:
1.20
OKE:
0.25
TRGP:
1.55
OKE:
0.51
TRGP:
1.23
OKE:
1.08
TRGP:
1.56
OKE:
0.24
TRGP:
4.77
OKE:
0.66
TRGP:
8.80%
OKE:
11.86%
TRGP:
34.95%
OKE:
30.80%
TRGP:
-95.21%
OKE:
-80.17%
TRGP:
-26.90%
OKE:
-30.67%
Fundamentals
TRGP:
$35.11B
OKE:
$51.71B
TRGP:
$5.42
OKE:
$5.12
TRGP:
29.87
OKE:
16.17
TRGP:
1.32
OKE:
1.46
TRGP:
2.10
OKE:
2.07
TRGP:
14.33
OKE:
2.42
TRGP:
$16.44B
OKE:
$24.96B
TRGP:
$3.65B
OKE:
$7.14B
TRGP:
$4.06B
OKE:
$6.83B
Returns By Period
In the year-to-date period, TRGP achieves a -11.04% return, which is significantly higher than OKE's -19.17% return. Over the past 10 years, TRGP has underperformed OKE with an annualized return of 9.70%, while OKE has yielded a comparatively higher 12.82% annualized return.
TRGP
-11.04%
-1.85%
-10.49%
42.20%
67.21%
9.70%
OKE
-19.17%
-0.71%
-17.71%
6.28%
30.06%
12.82%
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Risk-Adjusted Performance
TRGP vs. OKE — Risk-Adjusted Performance Rank
TRGP
OKE
TRGP vs. OKE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Targa Resources Corp. (TRGP) and ONEOK, Inc. (OKE). 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. OKE - Dividend Comparison
TRGP's dividend yield for the trailing twelve months is around 2.07%, less than OKE's 5.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRGP Targa Resources Corp. | 2.07% | 1.54% | 2.13% | 1.90% | 0.77% | 4.59% | 8.92% | 10.11% | 7.52% | 6.49% | 12.53% | 2.52% |
OKE ONEOK, Inc. | 5.10% | 3.94% | 5.47% | 5.72% | 6.40% | 9.77% | 4.66% | 6.01% | 5.09% | 4.28% | 9.85% | 4.27% |
Drawdowns
TRGP vs. OKE - Drawdown Comparison
The maximum TRGP drawdown since its inception was -95.21%, which is greater than OKE's maximum drawdown of -80.17%. Use the drawdown chart below to compare losses from any high point for TRGP and OKE. For additional features, visit the drawdowns tool.
Volatility
TRGP vs. OKE - Volatility Comparison
Targa Resources Corp. (TRGP) has a higher volatility of 15.78% compared to ONEOK, Inc. (OKE) at 14.15%. This indicates that TRGP's price experiences larger fluctuations and is considered to be riskier than OKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TRGP vs. OKE - Financials Comparison
This section allows you to compare key financial metrics between Targa Resources Corp. and ONEOK, Inc.. 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
TRGP vs. OKE - Profitability Comparison
TRGP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Targa Resources Corp. reported a gross profit of 936.10M and revenue of 4.56B. Therefore, the gross margin over that period was 20.5%.
OKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported a gross profit of 2.01B and revenue of 8.04B. Therefore, the gross margin over that period was 25.0%.
TRGP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Targa Resources Corp. reported an operating income of 543.30M and revenue of 4.56B, resulting in an operating margin of 11.9%.
OKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported an operating income of 1.22B and revenue of 8.04B, resulting in an operating margin of 15.2%.
TRGP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Targa Resources Corp. reported a net income of 270.50M and revenue of 4.56B, resulting in a net margin of 5.9%.
OKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported a net income of 636.00M and revenue of 8.04B, resulting in a net margin of 7.9%.