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TRGP vs. OKE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

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

The chart below illustrates the hypothetical performance of a $10,000 investment in Targa Resources Corp. (TRGP) and ONEOK, Inc. (OKE). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TRGP:

1.09

OKE:

0.10

Sortino Ratio

TRGP:

1.46

OKE:

0.35

Omega Ratio

TRGP:

1.22

OKE:

1.05

Calmar Ratio

TRGP:

1.45

OKE:

0.11

Martin Ratio

TRGP:

3.85

OKE:

0.28

Ulcer Index

TRGP:

10.12%

OKE:

13.09%

Daily Std Dev

TRGP:

35.28%

OKE:

31.18%

Max Drawdown

TRGP:

-95.21%

OKE:

-80.17%

Current Drawdown

TRGP:

-25.48%

OKE:

-28.45%

Fundamentals

Market Cap

TRGP:

$35.13B

OKE:

$52.29B

EPS

TRGP:

$5.42

OKE:

$5.12

PE Ratio

TRGP:

29.88

OKE:

16.35

PEG Ratio

TRGP:

1.33

OKE:

1.45

PS Ratio

TRGP:

2.14

OKE:

2.09

PB Ratio

TRGP:

14.33

OKE:

2.45

Total Revenue (TTM)

TRGP:

$16.44B

OKE:

$24.96B

Gross Profit (TTM)

TRGP:

$3.65B

OKE:

$7.14B

EBITDA (TTM)

TRGP:

$4.06B

OKE:

$6.83B

Returns By Period

In the year-to-date period, TRGP achieves a -9.32% return, which is significantly higher than OKE's -16.58% return. Over the past 10 years, TRGP has underperformed OKE with an annualized return of 10.40%, while OKE has yielded a comparatively higher 13.27% annualized return.


TRGP

YTD

-9.32%

1M

-1.98%

6M

-20.20%

1Y

38.34%

3Y*

35.11%

5Y*

57.89%

10Y*

10.40%

OKE

YTD

-16.58%

1M

1.27%

6M

-25.99%

1Y

3.16%

3Y*

14.79%

5Y*

25.68%

10Y*

13.27%

*Annualized

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Targa Resources Corp.

ONEOK, Inc.

Risk-Adjusted Performance

TRGP vs. OKE — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRGP
The Risk-Adjusted Performance Rank of TRGP is 8282
Overall Rank
The Sharpe Ratio Rank of TRGP is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of TRGP is 7676
Sortino Ratio Rank
The Omega Ratio Rank of TRGP is 7979
Omega Ratio Rank
The Calmar Ratio Rank of TRGP is 8989
Calmar Ratio Rank
The Martin Ratio Rank of TRGP is 8282
Martin Ratio Rank

OKE
The Risk-Adjusted Performance Rank of OKE is 5252
Overall Rank
The Sharpe Ratio Rank of OKE is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of OKE is 4646
Sortino Ratio Rank
The Omega Ratio Rank of OKE is 4848
Omega Ratio Rank
The Calmar Ratio Rank of OKE is 5757
Calmar Ratio Rank
The Martin Ratio Rank of OKE is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current TRGP Sharpe Ratio is 1.09, which is higher than the OKE Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of TRGP and OKE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TRGP vs. OKE - Dividend Comparison

TRGP's dividend yield for the trailing twelve months is around 2.03%, less than OKE's 4.94% yield.


TTM20242023202220212020201920182017201620152014
TRGP
Targa Resources Corp.
2.03%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.
4.94%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.


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Volatility

TRGP vs. OKE - Volatility Comparison

The current volatility for Targa Resources Corp. (TRGP) is 9.20%, while ONEOK, Inc. (OKE) has a volatility of 9.95%. This indicates that TRGP experiences smaller price fluctuations and is considered to be less risky than OKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


2.00B3.00B4.00B5.00B6.00B7.00B8.00B20212022202320242025
4.56B
8.04B
(TRGP) Total Revenue
(OKE) Total Revenue
Values in USD except per share items

TRGP vs. OKE - Profitability Comparison

The chart below illustrates the profitability comparison between Targa Resources Corp. and ONEOK, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%15.0%20.0%25.0%30.0%35.0%20212022202320242025
20.5%
25.0%
(TRGP) Gross Margin
(OKE) Gross Margin
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%.